Total Value Locked$13.37m
TVL by Chain
Sui$13.37m
Arbitrum$0
Key Metrics
Fees 30d$192,271
Fees 30d by chain
Sui$192,271
Fees 7d$25,894
Sui$25,894
Fees 24h$5,244
Sui$5,244
Cumulative Fees$48.8m
Sui$48.8m
Revenue 30d$60,491
Revenue 30d by chain
Sui$60,491
Revenue 7d$8,209
Sui$8,209
Revenue 24h$1,714
Sui$1,714
Cumulative Revenue$13.99m
Sui$13.99m
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)$3.67m
Earnings 30d$60,491
Earnings 7d$8,209
Earnings 24h$1,714
Cumulative Earnings$13.99m
DEX Volume 30d$186.71m
DEX Volume 30d by chain
Sui$186.71m
DEX Volume 7d$29.14m
Sui$29.14m
DEX Volume 24h$6.43m
Sui$6.43m
Cumulative DEX Volume$36.525b
Sui$36.525b
DEX Aggregator Volume 30d$12.04m
DEX Aggregator Volume 7d$1.46m
DEX Aggregator Volume 24h$194,634
Cumulative DEX Aggregator Volume$8.039b
Perp Volume 30d$31.87m
Perp Volume 30d by chain
Sui$31.87m
Perp Volume 7d$4.74m
Sui$4.74m
Perp Volume 24h$1.07m
Sui$1.07m
Cumulative Perp Volume$65.461b
Sui$64.701b
Arbitrum$759.42m
Open Interest$775,079
Market Cap$5.13m
$BLUE Price$0.0081
Fully Diluted Valuation$8.15m
Outstanding FDV$7.94m
$BLUE Volume 24h$2.15m
CEX Volume$1.91m
DEX Volume$312,041(14.48% of total)
Staked$797,911(15.54% 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
Yields
Pools Tracked50
Average Supply APY58.56%
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
Bluefin history
TVL is the default DefiLlama definition, which excludes Active Loans and Staking. Daily values are UTC snapshots from Dec 25, 2022 to Oct 30, 2026.
All-time high TVL: $246.38m on Oct 7, 2025. All-time low TVL: $100 on Dec 25, 2022.
Daily TVL, Oct 1, 2026 to Oct 30, 2026
| Date | TVL |
|---|---|
| Oct 1, 2026 | $12.83m |
| Oct 2, 2026 | $14.69m |
| Oct 3, 2026 | $14.12m |
| Oct 4, 2026 | $13.01m |
| Oct 5, 2026 | $13.52m |
| Oct 6, 2026 | $14.84m |
| Oct 7, 2026 | $13.88m |
| Oct 8, 2026 | $14.31m |
| Oct 9, 2026 | $14.34m |
| Oct 10, 2026 | $14.85m |
| Oct 11, 2026 | $14.93m |
| Oct 12, 2026 | $15.04m |
| Oct 13, 2026 | $14.78m |
| Oct 14, 2026 | $15.18m |
| Oct 15, 2026 | $15.19m |
| Oct 16, 2026 | $14.73m |
| 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 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $26.49m |
| 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 30, 2026 (latest) | $13.8m |
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, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $497,829 | $73,887 | - |
| 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 (to date) | $185,990 | $58,193 | - |
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 Oct 30, 2026, Bluefin has $13.37m in total value locked. TVL has increased 2.4% 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 $192,271 in fees. Of that, $60,491 was protocol revenue. Based on the trailing year, the annualized rate is $10m in fees and $3.67m in revenue.
What is the BLUE token price and valuation?
BLUE is currently trading at $0.0082. Its circulating market capitalization is $5.14m, ranking it #2,028. Its fully diluted valuation is $8.16m. Supply currently stands at 629.86m circulating, 1b total supply, 1b maximum supply.
How has BLUE performed recently?
BLUE is down 7% over the past 7 days and down 14.9% over the past 30 days. Its all-time high is $0.86, reached on Dec 14, 2024. The token is currently 99% 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 Oct 30, 2026, Bluefin has $0 in active loans.

