Ask about Fables · freeTotal Value Locked$11.42m
TVL by Chain
Robinhood Chain$11.42m
Key Metrics
Fees 30d$1.46m
Fees 30d by chain
Robinhood Chain$1.46m
Fees 7d$166,530
Robinhood Chain$166,530
Fees 24h$19,712
Robinhood Chain$19,712
Cumulative Fees$7.56m
Robinhood Chain$7.56m
Revenue 30d$525,716
Revenue 30d by chain
Robinhood Chain$525,716
Revenue 7d$115,760
Robinhood Chain$115,760
Revenue 24h$9,472
Robinhood Chain$9,472
Cumulative Revenue$525,716
Robinhood Chain$525,716
Holders Revenue 30d$567,885
Holders Revenue 30d by chain
Robinhood Chain$567,885
Holders Revenue 7d$142,023
Robinhood Chain$142,023
Holders Revenue 24h$9,472
Robinhood Chain$9,472
Cumulative Holders Revenue$567,885
Robinhood Chain$567,885
DEX Volume 30d$820.16m
DEX Volume 30d by chain
Robinhood Chain$820.16m
DEX Volume 7d$72.53m
Robinhood Chain$72.53m
DEX Volume 24h$6.56m
Robinhood Chain$6.56m
Cumulative DEX Volume$3.983b
Robinhood Chain$3.983b
Market Cap$795,176
$FABLES Price$0.029
Fully Diluted Valuation$3.94m
$FABLES Volume 24h$155,538
CEX Volume$0
DEX Volume$160,254(103.03% of total)
Staked$2.8m(351.88% of mcap)
Protocol Information
A dynamic-fee ve(3,3) DEX built on Uniswap v4. Each pool charges a fee tuned to its asset — calendar-based for tokenised stocks, volatility-based for crypto — so LPs are paid more when a trade is more likely to be against them.
Sub Category: ve(3,3)
Audits:No
Methodology
TVL: TVL enumerates every Fables pool from the on-chain FablesPoolRegistry (activePools) and sums each v4 pool's token reserves, reconstructed from its tick liquidity via Uniswap v4 StateView. Staking counts the FABLES locked in the VotingEscrowFF contract as veFABLES.View code on GitHubFees: Swap fees paid by traders at the dynamic fee carried in each Swap event, plus any fee FablesBribes takes from bribes (0% so far).View code on GitHubRevenue: From the ve(3,3) launch on 2026-10-20: swap fees earned by liquidity staked in gauges (booked as they accrue) and the 10% claim fee taken from unstaked ledger liquidity (booked when the ledger skims it), paid to veFABLES voters or to the treasury. Not broken out before the launch (reported as 0), when the claim fee went to the treasury.View code on GitHubHolders Revenue: From 2026-10-20: swap fees earned by liquidity staked in a gauge that has votes and the claim fee taken from unstaked liquidity in those pools, paid to the pool's veFABLES voters, plus bribes from other parties forwarded to those voters (bribes paid by the Fables team excluded).View code on GitHubDEX Volume: Swap volume across every Fables pool, enumerated from the on-chain FablesPoolRegistry and read from the Uniswap v4 PoolManager Swap logs, counted on the native or core-asset leg.View code on GitHubYields
Pools Tracked30
Average Supply APY557.39%
Largest Pools by TVL
WETH-USDGRobinhood Chain$1.35m
USDG-GLDRobinhood Chain$960,363
SPY-USDGRobinhood Chain$902,319
MCD-USDGRobinhood Chain$475,122
USDG-NVDARobinhood Chain$192,947
Competitors
Fables history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Aug 26, 2026 to Nov 15, 2026.
All-time high TVL: $50.72m on Sep 27, 2026. All-time low TVL: $422,789 on Aug 26, 2026.
Daily TVL, Oct 17, 2026 to Nov 15, 2026
| Date | TVL |
|---|---|
| Oct 17, 2026 | $34.73m |
| Oct 18, 2026 | $34.06m |
| Oct 19, 2026 | $32.83m |
| Oct 20, 2026 | $30.65m |
| Oct 21, 2026 | $29.64m |
| Oct 22, 2026 | $29.75m |
| Oct 23, 2026 | $25.97m |
| Oct 24, 2026 | $25.29m |
| Oct 25, 2026 | $28.5m |
| Oct 26, 2026 | $27.64m |
| Oct 27, 2026 | $27.28m |
| Oct 28, 2026 | $27.87m |
| Oct 29, 2026 | $26.5m |
| Oct 30, 2026 | $24.77m |
| Oct 31, 2026 | $24.25m |
| Nov 1, 2026 | $23.22m |
| Nov 2, 2026 | $23.35m |
| Nov 3, 2026 | $22.66m |
| Nov 4, 2026 | $22.5m |
| Nov 5, 2026 | $23.47m |
| Nov 6, 2026 | $21.53m |
| Nov 7, 2026 | $21.91m |
| Nov 8, 2026 | $21.73m |
| Nov 9, 2026 | $20.45m |
| Nov 10, 2026 | $15.08m |
| Nov 11, 2026 | $14.29m |
| Nov 12, 2026 | $14.14m |
| Nov 13, 2026 | $13.5m |
| Nov 14, 2026 | $13.07m |
| Nov 15, 2026 | $11.63m |
TVL at each month end, Aug 2026 to Nov 2026
| Date | TVL |
|---|---|
| Aug 31, 2026 | $2.23m |
| Sep 30, 2026 | $46.22m |
| Oct 31, 2026 | $24.25m |
| Nov 15, 2026 (latest) | $11.63m |
Fees, revenue and holders revenue by UTC calendar month, Aug 2026 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Aug 2026 | $35,321 | $0 | $0 |
| Sep 2026 | $3.89m | $0 | $0 |
| Oct 2026 | $3.26m | $295,201 | $294,836 |
| Nov 2026 (to date) | $391,902 | $239,987 | $282,521 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/fables
Frequently asked questions
What is Fables' TVL?
As of Nov 15, 2026, Fables has $11.42m in total value locked. TVL has decreased 68.3% over the past 30 days.
What chains does Fables operate on?
Fables operates on Robinhood Chain. Robinhood Chain holds the largest share at 100%.
How much has Fables generated in fees and revenue?
Over the past 30 days, Fables generated $1.46m in fees. Of that, $525,716 was protocol revenue. Based on the trailing year, the annualized rate is $31.36m in fees and $7.68m in revenue.
What is the FABLES token price and valuation?
FABLES is currently trading at $0.029. Its circulating market capitalization is $795,144, ranking it #3,698. Its fully diluted valuation is $3.94m. Supply currently stands at 27.25m circulating, 135.02m total supply, 1b maximum supply.
How has FABLES performed recently?
FABLES is down 39.3% over the past 7 days. Its all-time high is $0.069, reached on Nov 1, 2026. The token is currently 57.6% below that level.
How does Fables' TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Fables ranks #68 by TVL. The category holds $11.037b across 1,941 protocols, and Fables 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 Fables process?
Fables processed $820.16m in DEX volume over the past 30 days.