Ask about Deepstate · freeTotal Value Locked$25,099
TVL by Chain
Robinhood Chain$25,099
Key Metrics
Fees 30d$358.24
Fees 30d by chain
Robinhood Chain$358.24
Fees 7d$0.35
Robinhood Chain$0.35
Fees 24h$0
Robinhood Chain$0
Cumulative Fees$173,861
Robinhood Chain$173,861
Revenue 30d$358.24
Revenue 30d by chain
Robinhood Chain$358.24
Revenue 7d$0.35
Robinhood Chain$0.35
Revenue 24h$0
Robinhood Chain$0
Cumulative Revenue$173,861
Robinhood Chain$173,861
Holders Revenue 30d$0
Holders Revenue 30d by chain
Robinhood Chain$0
Holders Revenue 7d$0
Robinhood Chain$0
Holders Revenue 24h$0
Robinhood Chain$0
Cumulative Holders Revenue$148,014
Robinhood Chain$148,014
DEX Volume 30d$351,711
DEX Volume 30d by chain
Robinhood Chain$351,711
DEX Volume 7d$0.57
Robinhood Chain$0.57
DEX Volume 24h$0
Robinhood Chain$0
Cumulative DEX Volume$153.37m
Robinhood Chain$153.37m
Staked$0
Protocol Information
Deepstate is a permissionless onchain central-limit order book DEX with radix-tree matching and optional top-of-book maker rewards.
Sub Category: Order Book
Methodology
TVL: TVL is the value of USDG, NVDA, and DEEP held by the Deepstate router as collateral for resting orders or as matched proceeds awaiting maker claims.View code on GitHubFees: All taker fees transferred by the router: the governance-configured protocol fee plus call-scoped integrator fees charged by the official interface.View code on GitHubRevenue: Protocol fees sent to the STATE vault, or to the 2DEEP governor from 2026-09-22, plus official-interface integrator fees.View code on GitHubHolders Revenue: Protocol fees sent to the STATE vault for pro-rata redemption by STATE holders, until governance moved the protocol fee to the 2DEEP governor on 2026-09-22.View code on GitHubDEX Volume: USDG notional matched across every registered Deepstate pool. Direct fills, batched matches, subtree matches, third-party fills, and every routed leg touching a pool are included from router events.View code on GitHubCompetitors
Deepstate history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Aug 24, 2026 to Oct 31, 2026.
All-time high TVL: $376,668 on Aug 25, 2026. All-time low TVL: $25,099 on Oct 31, 2026.
Daily TVL, Oct 2, 2026 to Oct 31, 2026
| Date | TVL |
|---|---|
| Oct 2, 2026 | $41,023 |
| Oct 3, 2026 | $42,783 |
| Oct 4, 2026 | $44,679 |
| Oct 5, 2026 | $47,604 |
| Oct 6, 2026 | $52,047 |
| Oct 7, 2026 | $57,598 |
| Oct 8, 2026 | $45,370 |
| Oct 9, 2026 | $57,835 |
| Oct 10, 2026 | $56,683 |
| Oct 11, 2026 | $59,102 |
| Oct 12, 2026 | $61,483 |
| Oct 13, 2026 | $57,938 |
| Oct 14, 2026 | $54,087 |
| Oct 15, 2026 | $32,793 |
| Oct 16, 2026 | $32,765 |
| Oct 17, 2026 | $32,636 |
| Oct 18, 2026 | $32,178 |
| Oct 19, 2026 | $32,110 |
| Oct 20, 2026 | $32,215 |
| Oct 21, 2026 | $32,484 |
| Oct 22, 2026 | $32,281 |
| Oct 23, 2026 | $31,608 |
| Oct 24, 2026 | $31,614 |
| Oct 25, 2026 | $28,793 |
| Oct 26, 2026 | $28,734 |
| Oct 27, 2026 | $25,906 |
| Oct 28, 2026 | $26,057 |
| Oct 29, 2026 | $25,640 |
| Oct 30, 2026 | $25,232 |
| Oct 31, 2026 | $25,099 |
TVL at each month end, Aug 2026 to Oct 2026
| Date | TVL |
|---|---|
| Aug 31, 2026 | $207,509 |
| Sep 30, 2026 | $47,590 |
| Oct 31, 2026 | $25,099 |
Fees, revenue and holders revenue by UTC calendar month, Aug 2026 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Aug 2026 | $161,968 | $161,968 | $140,177 |
| Sep 2026 | $11,535 | $11,535 | $7,837 |
| Oct 2026 (to date) | $358.24 | $358.24 | $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/deepstate
Frequently asked questions
What is Deepstate's TVL?
As of Oct 31, 2026, Deepstate has $25,099 in total value locked. TVL has decreased 36.5% over the past 30 days.
What chains does Deepstate operate on?
Deepstate operates on Robinhood Chain. Robinhood Chain holds the largest share at 100%.
How much has Deepstate generated in fees and revenue?
Over the past 30 days, Deepstate generated $358.24 in fees. Of that, $358.24 was protocol revenue. Based on the trailing year, the annualized rate is $824,147 in fees and $824,147 in revenue.
How does Deepstate's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Deepstate ranks #843 by TVL. The category holds $13.024b across 1,925 protocols, and Deepstate accounts for <0.1% of that total. Similar protocols include Uniswap V3, PancakeSwap AMM, Uniswap V4, Curve DEX, Uniswap V2, PancakeSwap AMM V3, Aero Slipstream, PancakeSwap Infinity, Aero Basic, and SushiSwap V3.
How much trading volume does Deepstate process?
Deepstate processed $351,711 in DEX volume over the past 30 days.