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Bluefin(BLUE)

Total Value Locked$14.69m

TVL by Chain

Sui$14.69m

Arbitrum$0

Key Metrics

Fees 30d$260,653
Fees 30d by chain

Sui$260,653

Fees 7d$47,557

Sui$47,557

Fees 24h$9,345

Sui$9,345

Cumulative Fees$48.68m

Sui$48.68m

Revenue 30d$79,381
Revenue 30d by chain

Sui$79,381

Revenue 7d$15,076

Sui$15,076

Revenue 24h$3,035

Sui$3,035

Cumulative Revenue$13.96m

Sui$13.96m

Cumulative Holders Revenue$0
Cumulative Holders Revenue by chain

Sui$0

Incentives 1y$0

$0

$0

$0

$0

Earnings (Annualized)$4.44m

$79,381

$15,076

$3,035

$13.96m

DEX Volume 30d$254.56m
DEX Volume 30d by chain

Sui$254.56m

DEX Volume 7d$44.07m

Sui$44.07m

DEX Volume 24h$8.67m

Sui$8.67m

Cumulative DEX Volume$36.408b

Sui$36.408b

$7.999b

Perp Volume 30d$41.39m
Perp Volume 30d by chain

Sui$41.39m

Perp Volume 7d$8.63m

Sui$8.63m

Perp Volume 24h$1.48m

Sui$1.48m

Cumulative Perp Volume$65.443b

Sui$64.684b

Arbitrum$759.42m

$1.05m

Market Cap$5.49m

$BLUE Price$0.0091

All Time High$0.86

All Time Low$0.0072

View $BLUE token page

$9.09m

$8.84m

$BLUE Volume 24h$2.74m

CEX Volume$2.84m

DEX Volume$93,941(3.43% of total)

Staked$888,039(16.18% 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.

WebsiteGitHubX/Twitter
Categories:DexsDerivativesLendingDEX Aggregator
Products:

Yields

Pools Tracked62

Average Supply APY35.73%

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Fees:

Bluefin Legacy - Total trading fees collected from perpetual futures trading on Bluefin ExchangeView code on GitHubBluefin Spot - Swap fees collected from Bluefin CLMM spot poolsView code on GitHubAlphaLend - All fees paid/earned while using lending/borrowing and liquidation.View code on GitHubBluefin Pro - Fees paid by usersView code on GitHub

Revenue:

Bluefin Legacy - All trading fees are retained by the Bluefin protocolView code on GitHubBluefin Spot - Protocol's share of CLMM swap fees (per-pool protocolFee, defaulting to 20%)View code on GitHubAlphaLend - Fees collected by protocol native markets.View code on GitHubBluefin Pro - Treasury and token holders revenueView code on GitHub

Holders Revenue:

Bluefin Legacy - Fees going to governance token holdersView code on GitHubBluefin Spot - Money going to governance token holdersView code on GitHubAlphaLend - No holders revenue.View code on GitHubBluefin Pro - Fees going to governance token holdersView code on GitHub

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

Frequently Asked Questions

What is Bluefin's TVL?

Bluefin currently has $14.69m in total value locked. TVL has decreased 29.4% 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 $260,653 in fees. Of that, $79,381 was protocol revenue. Based on the trailing year, the annualized rate is $12.01m in fees and $4.44m in revenue.

What is the BLUE token price and valuation?

BLUE is currently trading at $0.0091. Its circulating market capitalization is $5.49m, ranking it #1,968. Its fully diluted valuation is $9.09m. Supply currently stands at 603.72m circulating, 1b total supply, 1b maximum supply.

How has BLUE performed recently?

BLUE is down 7.5% over the past 7 days and down 11% over the past 30 days. Its all-time high is $0.86, reached on Dec 14, 2024. The token is currently 98.9% 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?

Bluefin currently has $0 in active loans.