Ask about BulbaSwap · freeTotal Value Locked$8.16m
TVL by Chain
Morph$8.16m
Key Metrics
Fees 30d$8,423
Fees 30d by chain
Morph$8,423
Fees 7d$1,634
Morph$1,634
Fees 24h$268.14
Morph$268.14
Cumulative Fees$644,457
Morph$644,457
Revenue 30d$779.91
Revenue 30d by chain
Morph$779.91
Revenue 7d$143.38
Morph$143.38
Revenue 24h$24.39
Morph$24.39
Cumulative Revenue$135,833
Morph$135,833
DEX Volume 30d$20.06m
DEX Volume 30d by chain
Morph$20.06m
DEX Volume 7d$3.99m
Morph$3.99m
DEX Volume 24h$691,607
Morph$691,607
Cumulative DEX Volume$363.13m
Morph$363.13m
Total Raised$1.3m
Oct 24, 2024$1.3mRound: SeedInvestors: Foresight Ventures, Morph, MEXC Ventures, Kronos Research
Protocol Information
BulbaSwap, the central trading and liquidity marketplace on MorphL2
- BulbaSwap V3Dexs
- BulbaSwap V2Dexs
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees: Swap fees paid by usersView code on GitHubRevenue: Percentage of swap fees going to treasury and/or token holdersView code on GitHubDEX Volume: Volume of all spot token swaps on the DEX
BulbaSwap history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Oct 30, 2024 to Nov 13, 2026.
All-time high TVL: $96.01m on Jun 11, 2025. All-time low TVL: $126,945 on Oct 30, 2024.
Daily TVL, Oct 15, 2026 to Nov 13, 2026
| Date | TVL |
|---|---|
| Oct 15, 2026 | $8.96m |
| Oct 16, 2026 | $9m |
| Oct 17, 2026 | $8.95m |
| Oct 18, 2026 | $8.91m |
| Oct 19, 2026 | $8.92m |
| Oct 20, 2026 | $8.91m |
| Oct 21, 2026 | $8.98m |
| Oct 22, 2026 | $9.03m |
| Oct 23, 2026 | $8.89m |
| Oct 24, 2026 | $8.87m |
| Oct 25, 2026 | $8.84m |
| Oct 26, 2026 | $8.8m |
| Oct 27, 2026 | $8.8m |
| Oct 28, 2026 | $8.83m |
| Oct 29, 2026 | $8.84m |
| Oct 30, 2026 | $8.65m |
| Oct 31, 2026 | $8.66m |
| Nov 1, 2026 | $8.67m |
| Nov 2, 2026 | $8.69m |
| Nov 3, 2026 | $8.65m |
| Nov 4, 2026 | $8.65m |
| Nov 5, 2026 | $8.89m |
| Nov 6, 2026 | $8.61m |
| Nov 7, 2026 | $8.62m |
| Nov 8, 2026 | $8.61m |
| Nov 9, 2026 | $8.48m |
| Nov 10, 2026 | $8.47m |
| Nov 11, 2026 | $8.36m |
| Nov 12, 2026 | $8.34m |
| Nov 13, 2026 | $8.29m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $6.29m |
| Jan 31, 2025 | $7.32m |
| Feb 28, 2025 | $17.02m |
| Mar 31, 2025 | $61.05m |
| Apr 30, 2025 | $86.76m |
| May 31, 2025 | $92.67m |
| Jun 30, 2025 | $59.61m |
| Jul 31, 2025 | $5.67m |
| Aug 31, 2025 | $7.28m |
| Sep 30, 2025 | $8.3m |
| Oct 31, 2025 | $7.78m |
| Nov 30, 2025 | $6.74m |
| Dec 31, 2025 | $6.62m |
| Jan 31, 2026 | $6.64m |
| Feb 28, 2026 | $6.24m |
| Mar 31, 2026 | $8.24m |
| Apr 30, 2026 | $7.6m |
| May 31, 2026 | $8.97m |
| Jun 30, 2026 | $7.97m |
| Jul 31, 2026 | $7.55m |
| Aug 31, 2026 | $8.35m |
| Sep 30, 2026 | $9.3m |
| Oct 31, 2026 | $8.66m |
| Nov 13, 2026 (latest) | $8.29m |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $6.29m |
| Dec 31, 2025 | $6.62m |
Fees and revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue |
|---|---|---|
| Dec 2024 | $52,974 | $14,969 |
| Jan 2025 | $103,606 | $24,328 |
| Feb 2025 | $60,031 | $16,901 |
| Mar 2025 | $52,607 | $14,940 |
| Apr 2025 | $17,408 | $4,757 |
| May 2025 | $61,404 | $3,807 |
| Jun 2025 | $11,982 | $2,817 |
| Jul 2025 | $11,528 | $3,080 |
| Aug 2025 | $15,124 | $4,271 |
| Sep 2025 | $140,186 | $25,914 |
| Oct 2025 | $16,858 | $4,188 |
| Nov 2025 | $13,236 | $2,614 |
| Dec 2025 | $6,566 | $1,362 |
| Jan 2026 | $6,302 | $1,242 |
| Feb 2026 | $9,447 | $2,120 |
| Mar 2026 | $4,747 | $843.19 |
| Apr 2026 | $1,456 | $350.70 |
| May 2026 | $12,108 | $455.73 |
| Jun 2026 | $6,362 | $976.35 |
| Jul 2026 | $4,550 | $457.85 |
| Aug 2026 | $5,871 | $623.76 |
| Sep 2026 | $9,229 | $947.56 |
| Oct 2026 | $7,788 | $744.99 |
| Nov 2026 (to date) | $3,520 | $334.86 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/bulbaswap
Frequently asked questions
What is BulbaSwap's TVL?
As of Nov 13, 2026, BulbaSwap has $8.16m in total value locked. TVL has decreased 10.2% over the past 30 days.
What chains does BulbaSwap operate on?
BulbaSwap operates on Morph. Morph holds the largest share at 100%.
How much has BulbaSwap generated in fees and revenue?
Over the past 30 days, BulbaSwap generated $8,423 in fees. Of that, $779.91 was protocol revenue. Based on the trailing year, the annualized rate is $85,274 in fees and $12,008 in revenue.
How does BulbaSwap's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, BulbaSwap ranks #82 by TVL. The category holds $11.782b across 1,934 protocols, and BulbaSwap accounts for 0.1% of that total. Similar protocols include iZiSwap, AbstraDEX, MorFi, Momodrome, Uniswap V3, PancakeSwap AMM, Uniswap V4, Curve DEX, Raydium AMM, and Uniswap V2.
How much trading volume does BulbaSwap process?
BulbaSwap processed $20.06m in DEX volume over the past 30 days.