Ask about Bluefin · freeTotal Value Locked$10.7m
TVL by Chain
Sui$10.7m
Arbitrum$0
Key Metrics
Fees 30d$115,707
Fees 30d by chain
Sui$115,707
Fees 7d$22,648
Sui$22,648
Fees 24h$4,162
Sui$4,162
Cumulative Fees$48.85m
Sui$48.85m
Revenue 30d$37,713
Revenue 30d by chain
Sui$37,713
Revenue 7d$7,640
Sui$7,640
Revenue 24h$1,475
Sui$1,475
Cumulative Revenue$14.01m
Sui$14.01m
Cumulative Holders Revenue$0
Cumulative Holders Revenue by chain
Sui$0
Incentives 1y$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$3.03m
Earnings 30d$37,713
Earnings 7d$7,640
Earnings 24h$1,475
Cumulative Earnings$14.01m
DEX Volume 30d$120.37m
DEX Volume 30d by chain
Sui$120.37m
DEX Volume 7d$25.9m
Sui$25.9m
DEX Volume 24h$4.99m
Sui$4.99m
Cumulative DEX Volume$36.582b
Sui$36.582b
DEX Aggregator Volume 30d$4.73m
DEX Aggregator Volume 7d$0
DEX Aggregator Volume 24h$0
Cumulative DEX Aggregator Volume$8.04b
Perp Volume 30d$24.28m
Perp Volume 30d by chain
Sui$24.28m
Perp Volume 7d$5.83m
Sui$5.83m
Perp Volume 24h$1.1m
Sui$1.1m
Cumulative Perp Volume$65.473b
Sui$64.714b
Arbitrum$759.42m
Open Interest$671,731
Market Cap$4.09m
$BLUE Price$0.0065
Fully Diluted Valuation$6.49m
Outstanding FDV$6.33m
$BLUE Volume 24h$1.53m
CEX Volume$1.36m
DEX Volume$217,400(14.2% of total)
Staked$637,292(15.59% of mcap)
Active Loans$0
Total Raised$4.3m
Nov 10, 2025$4.3mRound: StrategicInvestors: SUI Group
Protocol Information
Bluefin is a decentralized spot and derivatives exchange built for both professional and first-time traders. It focuses on security, transparency and redefining the user experience of using on-chain trading platforms - and is backed by Polychain, SIG, Brevan Howard, and other leading firms.
- Bluefin SpotDexs
- Bluefin ProDerivatives
- Bluefin LegacyDerivatives
- AlphaLendLending
- Bluefin7K AggregatorDEX Aggregator
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
Holders Revenue:
DEX Volume: Volume of all spot token swaps on the DEX
DEX Aggregator Volume: Volume of all spot token swaps routed through the DEX aggregator
Perp Volume: Notional volume of all trades including leverage on the perp exchange
Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Yields
Pools Tracked36
Average Supply APY59.36%
Largest Pools by TVL
USDSUI-USDCSui$1.39m
TRUTH-USDCSui$1.3m
SVBTC-wBTCSui$1.27m
USDB-BUCKSui$1.09m
eSUI-SUISui$792,690
Bluefin history
TVL is the default DefiLlama definition, which excludes Active Loans and Staking. Daily values are UTC snapshots from Dec 25, 2022 to Nov 15, 2026.
All-time high TVL: $246.38m on Oct 7, 2025. All-time low TVL: $100 on Dec 25, 2022.
Daily TVL, Oct 17, 2026 to Nov 15, 2026
| Date | TVL |
|---|---|
| Oct 17, 2026 | $14.76m |
| Oct 18, 2026 | $14.87m |
| Oct 19, 2026 | $14.89m |
| Oct 20, 2026 | $14.48m |
| Oct 21, 2026 | $15.08m |
| Oct 22, 2026 | $14.71m |
| Oct 23, 2026 | $14.77m |
| Oct 24, 2026 | $14.52m |
| Oct 25, 2026 | $14.56m |
| Oct 26, 2026 | $14.69m |
| Oct 27, 2026 | $14.58m |
| Oct 28, 2026 | $13.94m |
| Oct 29, 2026 | $14.63m |
| Oct 30, 2026 | $13.8m |
| Oct 31, 2026 | $12.92m |
| Nov 1, 2026 | $13m |
| Nov 2, 2026 | $13.03m |
| Nov 3, 2026 | $13.03m |
| Nov 4, 2026 | $12.93m |
| Nov 5, 2026 | $12.82m |
| Nov 6, 2026 | $12.5m |
| Nov 7, 2026 | $12.64m |
| Nov 8, 2026 | $12.6m |
| Nov 9, 2026 | $11.94m |
| Nov 10, 2026 | $11.91m |
| Nov 11, 2026 | $11.56m |
| Nov 12, 2026 | $11.8m |
| Nov 13, 2026 | $11.43m |
| Nov 14, 2026 | $10.66m |
| Nov 15, 2026 | $10.7m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $94.24m |
| Jan 31, 2025 | $101.59m |
| Feb 28, 2025 | $71.79m |
| Mar 31, 2025 | $79.42m |
| Apr 30, 2025 | $96.72m |
| May 31, 2025 | $181.96m |
| Jun 30, 2025 | $167.61m |
| Jul 31, 2025 | $187.52m |
| Aug 31, 2025 | $204.63m |
| Sep 30, 2025 | $172.73m |
| Oct 31, 2025 | $219.28m |
| Nov 30, 2025 | $131.44m |
| Dec 31, 2025 | $147.71m |
| Jan 31, 2026 | $129.27m |
| Feb 28, 2026 | $93.01m |
| Mar 31, 2026 | $110.57m |
| Apr 30, 2026 | $94.49m |
| May 31, 2026 | $93.89m |
| Jun 30, 2026 | $24.1m |
| Jul 31, 2026 | $19.28m |
| Aug 31, 2026 | $19.83m |
| Sep 30, 2026 | $13.06m |
| Oct 31, 2026 | $12.92m |
| Nov 15, 2026 (latest) | $10.7m |
TVL at each year end, Dec 31, 2022 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2022 | $134 |
| Dec 31, 2023 | $3.74m |
| Dec 31, 2024 | $94.24m |
| Dec 31, 2025 | $147.71m |
Fees, revenue and holders revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Dec 2024 | $3.24m | $1.29m | — |
| Jan 2025 | $3.27m | $1.24m | — |
| Feb 2025 | $2.08m | $691,036 | — |
| Mar 2025 | $1.61m | $559,013 | — |
| Apr 2025 | $2.21m | $653,049 | — |
| May 2025 | $2.66m | $713,097 | — |
| Jun 2025 | $2.4m | $696,524 | — |
| Jul 2025 | $3.7m | $1.08m | — |
| Aug 2025 | $3.24m | $1.07m | $0 |
| Sep 2025 | $3.06m | $1.12m | $0 |
| Oct 2025 | $3.18m | $1.22m | $0 |
| Nov 2025 | $2.46m | $978,839 | $0 |
| Dec 2025 | $1.68m | $573,953 | $0 |
| Jan 2026 | $1.58m | $624,587 | $0 |
| Feb 2026 | $857,441 | $330,569 | $0 |
| Mar 2026 | $772,690 | $254,758 | $0 |
| Apr 2026 | $580,224 | $191,860 | $0 |
| May 2026 | $780,001 | $244,996 | $0 |
| Jun 2026 | $357,730 | $136,163 | $0 |
| Jul 2026 | $145,526 | $62,706 | — |
| Aug 2026 | $157,211 | $58,003 | — |
| Sep 2026 | $260,867 | $80,217 | — |
| Oct 2026 | $187,285 | $58,406 | — |
| Nov 2026 (to date) | $46,125 | $15,600 | — |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/bluefin
Frequently asked questions
What is Bluefin's TVL?
As of Nov 15, 2026, Bluefin has $10.7m in total value locked. TVL has decreased 27.4% over the past 30 days.
What chains does Bluefin operate on?
Bluefin operates on 2 chains: Arbitrum and Sui. Sui holds the largest share at 100%.
How much has Bluefin generated in fees and revenue?
Over the past 30 days, Bluefin generated $115,707 in fees. Of that, $37,713 was protocol revenue. Based on the trailing year, the annualized rate is $8.51m in fees and $3.03m in revenue.
What is the BLUE token price and valuation?
BLUE is currently trading at $0.0064. Its circulating market capitalization is $4.01m, ranking it #2,055. Its fully diluted valuation is $6.36m. Supply currently stands at 629.86m circulating, 1b total supply, 1b maximum supply.
How has BLUE performed recently?
BLUE is down 15% over the past 7 days and down 33.7% over the past 30 days. Its all-time high is $0.86, reached on Dec 14, 2024. The token is currently 99.3% below that level.
Which protocols are included in Bluefin?
Bluefin is a parent protocol whose tracked products include Bluefin Spot, Bluefin Pro, Bluefin Legacy, AlphaLend, and Bluefin7K Aggregator.
How much has been borrowed through Bluefin?
As of Nov 15, 2026, Bluefin has $0 in active loans.