Total Value Locked$1.23m
TVL by Chain
Ethereum$718,815
Sei$476,442
Coti$24,518
Celo$5,811
TAC$128.84
Key Metrics
Fees 30d$6,298
Fees 30d by chain
Sei$5,990
Coti$226.06
Ethereum$82.46
Celo$0.71
TAC$0.29
Fees 7d$947.38
Sei$931
Coti$9.27
Ethereum$6.80
Celo$0.12
TAC$0
Fees 24h$88.19
Sei$87
Ethereum$0.79
Coti$0.35
Celo$0.05
TAC$0
Cumulative Fees$377,741
Sei$219,916
Celo$114,619
Ethereum$19,702
TAC$16,836
Coti$6,668
Revenue 30d$6,298
Revenue 30d by chain
Sei$5,990
Coti$226.06
Ethereum$82.46
Celo$0.71
TAC$0.29
Revenue 7d$947.38
Sei$931
Coti$9.27
Ethereum$6.80
Celo$0.12
TAC$0
Revenue 24h$88.19
Sei$87
Ethereum$0.79
Coti$0.35
Celo$0.05
TAC$0
Cumulative Revenue$377,741
Sei$219,916
Celo$114,619
Ethereum$19,702
TAC$16,836
Coti$6,668
DEX Volume 30d$1.72m
DEX Volume 30d by chain
Sei$1.49m
Ethereum$114,619
Coti$112,379
Celo$393.36
TAC$149.73
DEX Volume 7d$241,612
Sei$232,102
Ethereum$4,847
Coti$4,599
Celo$60.57
TAC$2.10
DEX Volume 24h$22,690
Sei$22,097
Ethereum$394
Coti$172
Celo$25
TAC$2.10
Cumulative DEX Volume$313.54m
Sei$173.29m
Celo$114.95m
Ethereum$13.6m
TAC$8.4m
Coti$3.3m
Protocol Information
Carbon is a decentralized trading protocol allowing users to perform automated trading strategies using custom on-chain limit orders and range orders
Sub Category: AMM
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Fee data is sourced from the CarbonDeFi Analytics API, which aggregates feesUsd metrics from all trading fees collected by the protocol.View code on GitHubRevenue: Percentage of swap fees going to treasury and/or token holdersView code on GitHubDEX Volume: Volume data is sourced from the CarbonDeFi Analytics API, which aggregates volumeUsd metrics from all swaps on the protocol.View code on GitHubCompetitors
Carbon Defi history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Apr 21, 2023 to Oct 20, 2026.
All-time high TVL: $11.46m on Sep 17, 2025. All-time low TVL: $49,712 on Apr 21, 2023.
Daily TVL, Sep 21, 2026 to Oct 20, 2026
| Date | TVL |
|---|---|
| Sep 21, 2026 | $1.61m |
| Sep 22, 2026 | $1.62m |
| Sep 23, 2026 | $1.57m |
| Sep 24, 2026 | $1.48m |
| Sep 25, 2026 | $1.44m |
| Sep 26, 2026 | $1.44m |
| Sep 27, 2026 | $1.4m |
| Sep 28, 2026 | $1.38m |
| Sep 29, 2026 | $1.34m |
| Sep 30, 2026 | $1.33m |
| Oct 1, 2026 | $1.33m |
| Oct 2, 2026 | $1.33m |
| Oct 3, 2026 | $1.34m |
| Oct 4, 2026 | $1.36m |
| Oct 5, 2026 | $1.37m |
| Oct 6, 2026 | $1.37m |
| Oct 7, 2026 | $1.35m |
| Oct 8, 2026 | $1.32m |
| Oct 9, 2026 | $1.28m |
| Oct 10, 2026 | $1.29m |
| Oct 11, 2026 | $1.3m |
| Oct 12, 2026 | $1.29m |
| Oct 13, 2026 | $1.24m |
| Oct 14, 2026 | $1.27m |
| Oct 15, 2026 | $1.23m |
| Oct 16, 2026 | $1.25m |
| Oct 17, 2026 | $1.25m |
| Oct 18, 2026 | $1.22m |
| Oct 19, 2026 | $1.23m |
| Oct 20, 2026 | $1.22m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $3.97m |
| Dec 31, 2024 | $3.37m |
| Jan 31, 2025 | $3.41m |
| Feb 28, 2025 | $2.96m |
| Mar 31, 2025 | $2.57m |
| Apr 30, 2025 | $2.93m |
| May 31, 2025 | $2.74m |
| Jun 30, 2025 | $3.39m |
| Jul 31, 2025 | $8.22m |
| Aug 31, 2025 | $7.58m |
| Sep 30, 2025 | $7.75m |
| Oct 31, 2025 | $5.47m |
| Nov 30, 2025 | $4.4m |
| Dec 31, 2025 | $4.12m |
| Jan 31, 2026 | $3.45m |
| Feb 28, 2026 | $2.76m |
| Mar 31, 2026 | $2.25m |
| Apr 30, 2026 | $2.56m |
| May 31, 2026 | $2.87m |
| Jun 30, 2026 | $2.28m |
| Jul 31, 2026 | $1.34m |
| Aug 31, 2026 | $1.48m |
| Sep 30, 2026 | $1.33m |
| Oct 20, 2026 (latest) | $1.22m |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $1.74m |
| Dec 31, 2024 | $3.37m |
| Dec 31, 2025 | $4.12m |
Fees and revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Nov 2024 | $26,568 | $26,568 |
| Dec 2024 | $22,542 | $22,542 |
| Jan 2025 | $25,078 | $25,078 |
| Feb 2025 | $25,592 | $25,592 |
| Mar 2025 | $16,541 | $16,541 |
| Apr 2025 | $15,847 | $15,847 |
| May 2025 | $15,433 | $15,433 |
| Jun 2025 | $21,795 | $21,795 |
| Jul 2025 | $33,921 | $33,921 |
| Aug 2025 | $13,506 | $13,506 |
| Sep 2025 | $10,771 | $10,771 |
| Oct 2025 | $23,471 | $23,471 |
| Nov 2025 | $19,528 | $19,528 |
| Dec 2025 | $11,930 | $11,930 |
| Jan 2026 | $10,883 | $10,883 |
| Feb 2026 | $8,688 | $8,688 |
| Mar 2026 | $5,612 | $5,612 |
| Apr 2026 | $4,567 | $4,567 |
| May 2026 | $3,679 | $3,679 |
| Jun 2026 | $4,267 | $4,267 |
| Jul 2026 | $1,450 | $1,450 |
| Aug 2026 | $2,715 | $2,715 |
| Sep 2026 | $7,390 | $7,390 |
| Oct 2026 (to date) | $1,942 | $1,942 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/carbon-defi
Frequently asked questions
What is Carbon Defi's TVL?
As of Oct 20, 2026, Carbon Defi has $1.23m in total value locked. TVL has decreased 23.4% over the past 30 days.
What chains does Carbon Defi operate on?
Carbon Defi operates on 5 chains: Ethereum, Sei, Coti, Celo, and TAC. Ethereum holds the largest share at 58.6%.
How much has Carbon Defi generated in fees and revenue?
Over the past 30 days, Carbon Defi generated $6,298 in fees. Of that, $6,298 was protocol revenue. Based on the trailing year, the annualized rate is $88,200 in fees and $88,200 in revenue.
How does Carbon Defi's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Carbon Defi ranks #222 by TVL. The category holds $14.085b across 1,915 protocols, and Carbon Defi accounts for <0.1% of that total. Similar protocols include Uniswap V3, Curve DEX, Uniswap V2, SushiSwap, Textile FX, AutoRange, Gyroscope Protocol, PancakeSwap AMM, Uniswap V4, and PancakeSwap AMM V3.
How much trading volume does Carbon Defi process?
Carbon Defi processed $1.72m in DEX volume over the past 30 days.

