Total Value Locked$1.01m
TVL by Chain
Ethereum$576,238
Sei$396,557
Coti$28,275
Celo$5,786
TAC$108.67
Key Metrics
Fees 30d$2,313
Fees 30d by chain
Sei$2,190
Ethereum$67.83
Coti$54.75
Celo$0.47
TAC$0.23
Fees 7d$231.79
Sei$209
Ethereum$18.96
Coti$3.81
Celo$0.03
TAC$0
Fees 24h$44.09
Sei$34
Ethereum$9.67
Coti$0.40
Celo$0.02
TAC$0
Cumulative Fees$378,865
Sei$220,942
Celo$114,619
Ethereum$19,755
TAC$16,836
Coti$6,712
Revenue 30d$2,313
Revenue 30d by chain
Sei$2,190
Ethereum$67.83
Coti$54.75
Celo$0.47
TAC$0.23
Revenue 7d$231.79
Sei$209
Ethereum$18.96
Coti$3.81
Celo$0.03
TAC$0
Revenue 24h$44.09
Sei$34
Ethereum$9.67
Coti$0.40
Celo$0.02
TAC$0
Cumulative Revenue$378,865
Sei$220,942
Celo$114,619
Ethereum$19,755
TAC$16,836
Coti$6,712
DEX Volume 30d$616,972
DEX Volume 30d by chain
Sei$545,364
Ethereum$43,887
Coti$27,310
Celo$297.92
TAC$112.96
DEX Volume 7d$65,647
Sei$52,025
Ethereum$11,678
Coti$1,894
Celo$50.14
TAC$0
DEX Volume 24h$13,684
Sei$8,559
Ethereum$4,915
Coti$199
Celo$11
TAC$0
Cumulative DEX Volume$313.85m
Sei$173.54m
Celo$114.95m
Ethereum$13.63m
TAC$8.4m
Coti$3.32m
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 Nov 9, 2026.
All-time high TVL: $11.46m on Sep 17, 2025. All-time low TVL: $49,712 on Apr 21, 2023.
Daily TVL, Oct 11, 2026 to Nov 9, 2026
| Date | TVL |
|---|---|
| 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 |
| Oct 21, 2026 | $1.22m |
| Oct 22, 2026 | $1.23m |
| Oct 23, 2026 | $1.17m |
| Oct 24, 2026 | $1.16m |
| Oct 25, 2026 | $1.1m |
| Oct 26, 2026 | $1.09m |
| Oct 27, 2026 | $1.09m |
| Oct 28, 2026 | $1.1m |
| Oct 29, 2026 | $1.11m |
| Oct 30, 2026 | $1.06m |
| Oct 31, 2026 | $1.08m |
| Nov 1, 2026 | $1.07m |
| Nov 2, 2026 | $1.1m |
| Nov 3, 2026 | $1.04m |
| Nov 4, 2026 | $1.05m |
| Nov 5, 2026 | $1.08m |
| Nov 6, 2026 | $1.02m |
| Nov 7, 2026 | $1.03m |
| Nov 8, 2026 | $1.03m |
| Nov 9, 2026 | $1m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| 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 31, 2026 | $1.08m |
| Nov 9, 2026 (latest) | $1m |
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, Dec 2024 to Nov 2026
| Month | Fees | Revenue |
|---|---|---|
| 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 | $2,823 | $2,823 |
| Nov 2026 (to date) | $243.87 | $243.87 |
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 Nov 9, 2026, Carbon Defi has $1.01m in total value locked. TVL has decreased 22% 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 57.2%.
How much has Carbon Defi generated in fees and revenue?
Over the past 30 days, Carbon Defi generated $2,313 in fees. Of that, $2,313 was protocol revenue. Based on the trailing year, the annualized rate is $77,100 in fees and $77,100 in revenue.
How does Carbon Defi's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Carbon Defi ranks #228 by TVL. The category holds $12.265b across 1,931 protocols, and Carbon Defi accounts for <0.1% of that total. Similar protocols include Uniswap V3, Curve DEX, Uniswap V4, Uniswap V2, SushiSwap, Textile FX, AutoRange, Gyroscope Protocol, PancakeSwap AMM, and PancakeSwap AMM V3.
How much trading volume does Carbon Defi process?
Carbon Defi processed $616,972 in DEX volume over the past 30 days.