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Bluefin(BLUE)

Total Value Locked$11.5m

TVL by Chain

Sui$11.5m

Arbitrum$0

Key Metrics

Fees 30d$131,836
Fees 30d by chain

Sui$131,836

Fees 7d$18,812

Sui$18,812

Fees 24h$2,677

Sui$2,677

Cumulative Fees$48.84m

Sui$48.84m

Revenue 30d$41,806
Revenue 30d by chain

Sui$41,806

Revenue 7d$6,169

Sui$6,169

Revenue 24h$918

Sui$918

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)$3.1m

Earnings 30d$41,806

Earnings 7d$6,169

Earnings 24h$918

Cumulative Earnings$14.01m

DEX Volume 30d$140.44m
DEX Volume 30d by chain

Sui$140.44m

DEX Volume 7d$23.05m

Sui$23.05m

DEX Volume 24h$2.81m

Sui$2.81m

Cumulative DEX Volume$36.574b

Sui$36.574b

DEX Aggregator Volume 30d$5.99m

DEX Aggregator Volume 7d$0

DEX Aggregator Volume 24h$0

Cumulative DEX Aggregator Volume$8.04b

Perp Volume 30d$24.24m
Perp Volume 30d by chain

Sui$24.24m

Perp Volume 7d$4.48m

Sui$4.48m

Perp Volume 24h$830,572

Sui$830,572

Cumulative Perp Volume$65.471b

Sui$64.712b

Arbitrum$759.42m

Open Interest$648,319

Market Cap$5.18m

$BLUE Price$0.0082

All Time High$0.86

All Time Low$0.0067

View $BLUE token page

Fully Diluted Valuation$8.22m

Outstanding FDV$8.01m

$BLUE Volume 24h$2.04m

CEX Volume$1.74m

DEX Volume$274,516(13.48% of total)

Staked$831,506(16.06% 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.

Products:

Methodology

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

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 Tracked39

Average Supply APY60.43%

Largest Pools by TVL

SVBTC-wBTCSui$1.42m

USDSUI-USDCSui$1.38m

TRUTH-USDCSui$1.31m

USDB-BUCKSui$1.09m

eSUI-SUISui$939,189

View all Yields

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 13, 2026.

All-time high TVL: $246.38m on Oct 7, 2025. All-time low TVL: $100 on Dec 25, 2022.

Daily TVL, Oct 15, 2026 to Nov 13, 2026

DateTVL
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
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

TVL at each month end, Dec 2024 to Nov 2026

DateTVL
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 13, 2026 (latest)$11.43m

TVL at each year end, Dec 31, 2022 to Dec 31, 2025

DateTVL
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

MonthFeesRevenueHolders 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)$41,834$14,030—

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 13, 2026, Bluefin has $11.5m in total value locked. TVL has decreased 24.2% 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 $131,836 in fees. Of that, $41,806 was protocol revenue. Based on the trailing year, the annualized rate is $8.69m in fees and $3.1m in revenue.

What is the BLUE token price and valuation?

BLUE is currently trading at $0.0082. Its circulating market capitalization is $5.18m, ranking it #1,909. Its fully diluted valuation is $8.22m. Supply currently stands at 629.86m circulating, 1b total supply, 1b maximum supply.

How has BLUE performed recently?

BLUE is up 8.4% over the past 7 days and down 18.8% 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 Nov 13, 2026, Bluefin has $0 in active loans.