Total Value Locked$506,734
TVL by Chain
Injective$506,734
Key Metrics
Fees 30d$370.02
Fees 30d by chain
Injective$370.02
Fees 7d$14.66
Injective$14.66
Fees 24h$7.63
Injective$7.63
Cumulative Fees$484
Injective$484
Revenue 30d$0
Revenue 30d by chain
Injective$0
Revenue 7d$0
Injective$0
Revenue 24h$0
Injective$0
Cumulative Revenue$0
Injective$0
Cumulative Holders Revenue$0
Cumulative Holders Revenue by chain
Injective$0
DEX Volume 30d$144.11m
DEX Volume 30d by chain
Injective$144.11m
DEX Volume 7d$174,463
Injective$174,463
DEX Volume 24h$31,041
Injective$31,041
Cumulative DEX Volume$144.16m
Injective$144.16m
Protocol Information
Choice Exchange is an AMM and aggregator on Injective
Sub Category: AMM
Audits:
Methodology
TVL: Liquidity on the DEX: the CosmWasm (v1) pair contracts' reserves, plus the tokens the Infinity (v2) singleton Vault holds on Injective EVM, in every currency a pool was opened with.View code on GitHubFees: Swap fees paid by traders on Choice v2 pools. Fees taken by third-party pool hooks, such as the Sprout launchpad hook, are not included.View code on GitHubRevenue: The share of swap fees that Choice's fee controllers send to the protocol treasury. It is 0 while the protocol fee is switched off.View code on GitHubHolders Revenue: Money going to governance token holdersView code on GitHubDEX Volume: Swap volume in Choice v2 pools on Injective EVM (concentrated-liquidity and liquidity-book pools), counted from the pool managers' Swap events. Excludes three pools identified as wash volume, and Choice v1 (CosmWasm) pools.View code on GitHubCompetitors
Choice Exchange V2 history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Aug 11, 2025 to Oct 16, 2026.
All-time high TVL: $894,994 on Aug 14, 2025. All-time low TVL: $138,134 on Apr 4, 2026.
Daily TVL, Sep 17, 2026 to Oct 16, 2026
| Date | TVL |
|---|---|
| Sep 17, 2026 | $418,271 |
| Sep 18, 2026 | $413,780 |
| Sep 19, 2026 | $463,606 |
| Sep 20, 2026 | $538,693 |
| Sep 21, 2026 | $504,909 |
| Sep 22, 2026 | $488,443 |
| Sep 23, 2026 | $474,072 |
| Sep 24, 2026 | $461,337 |
| Sep 25, 2026 | $463,245 |
| Sep 26, 2026 | $470,107 |
| Sep 27, 2026 | $430,817 |
| Sep 28, 2026 | $431,970 |
| Sep 29, 2026 | $411,000 |
| Sep 30, 2026 | $422,789 |
| Oct 1, 2026 | $408,983 |
| Oct 2, 2026 | $400,850 |
| Oct 3, 2026 | $395,447 |
| Oct 4, 2026 | $448,597 |
| Oct 5, 2026 | $444,921 |
| Oct 6, 2026 | $447,987 |
| Oct 7, 2026 | $463,702 |
| Oct 8, 2026 | $434,274 |
| Oct 9, 2026 | $398,337 |
| Oct 10, 2026 | $406,510 |
| Oct 11, 2026 | $444,340 |
| Oct 12, 2026 | $443,250 |
| Oct 13, 2026 | $410,187 |
| Oct 14, 2026 | $457,905 |
| Oct 15, 2026 | $443,123 |
| Oct 16, 2026 | $509,296 |
TVL at each month end, Aug 2025 to Oct 2026
| Date | TVL |
|---|---|
| Aug 31, 2025 | $707,982 |
| Sep 30, 2025 | $696,467 |
| Oct 31, 2025 | $501,332 |
| Nov 30, 2025 | $389,527 |
| Dec 31, 2025 | $251,389 |
| Jan 31, 2026 | $201,216 |
| Feb 28, 2026 | $156,767 |
| Mar 31, 2026 | $144,909 |
| Apr 30, 2026 | $162,405 |
| May 31, 2026 | $383,020 |
| Jun 30, 2026 | $281,045 |
| Jul 31, 2026 | $227,966 |
| Aug 31, 2026 | $225,621 |
| Sep 30, 2026 | $422,789 |
| Oct 16, 2026 (latest) | $509,296 |
Fees, revenue and holders revenue by UTC calendar month, Sep 2026 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Sep 2026 | $416.15 | $0 | - |
| Oct 2026 (to date) | $67.85 | $0 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/choice-exchange-v2
Frequently asked questions
What is Choice Exchange V2's TVL?
As of Oct 16, 2026, Choice Exchange V2 has $506,734 in total value locked. TVL has increased 11% over the past 30 days.
What chains does Choice Exchange V2 operate on?
Choice Exchange V2 operates on Injective. Injective holds the largest share at 100%.
How much has Choice Exchange V2 generated in fees and revenue?
Over the past 30 days, Choice Exchange V2 generated $370.02 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $4,699 in fees.
How does Choice Exchange V2's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Choice Exchange V2 ranks #340 by TVL. The category holds $13.591b across 1,927 protocols, and Choice Exchange V2 accounts for <0.1% of that total. Other leading protocols include Astroport, Balanced Exchange, Helix Spot, Dojoswap AMM, White Whale Dex, Uniswap V3, PancakeSwap AMM, Uniswap V4, Curve DEX, and Raydium AMM.
How much trading volume does Choice Exchange V2 process?
Choice Exchange V2 processed $144.11m in DEX volume over the past 30 days.