Total Value Locked$22.83m
TVL by Chain
Robinhood Chain$22.83m
Key Metrics
Fees 30d$2.81m
Fees 30d by chain
Robinhood Chain$2.81m
Fees 7d$323,776
Robinhood Chain$323,776
Fees 24h$15,519
Robinhood Chain$15,519
Cumulative Fees$7.2m
Robinhood Chain$7.2m
Revenue 30d$307,758
Revenue 30d by chain
Robinhood Chain$307,758
Revenue 7d$132,916
Robinhood Chain$132,916
Revenue 24h$12,557
Robinhood Chain$12,557
Cumulative Revenue$307,758
Robinhood Chain$307,758
Holders Revenue 30d$307,392
Holders Revenue 30d by chain
Robinhood Chain$307,392
Holders Revenue 7d$132,887
Robinhood Chain$132,887
Holders Revenue 24h$12,556
Robinhood Chain$12,556
Cumulative Holders Revenue$307,392
Robinhood Chain$307,392
DEX Volume 30d$1.528b
DEX Volume 30d by chain
Robinhood Chain$1.528b
DEX Volume 7d$206.6m
Robinhood Chain$206.6m
DEX Volume 24h$7.3m
Robinhood Chain$7.3m
Cumulative DEX Volume$3.813b
Robinhood Chain$3.813b
Market Cap$2.24m
$FABLES Price$0.062
Fully Diluted Valuation$8.32m
$FABLES Volume 24h$207,443
CEX Volume$0
DEX Volume$205,937(99.27% of total)
Staked$5.25m(234.02% 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 GitHubCompetitors
Fables history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Aug 26, 2026 to Nov 2, 2026.
All-time high TVL: $50.72m on Sep 27, 2026. All-time low TVL: $422,789 on Aug 26, 2026.
Daily TVL, Oct 4, 2026 to Nov 2, 2026
| Date | TVL |
|---|---|
| Oct 4, 2026 | $45.71m |
| Oct 5, 2026 | $43.66m |
| Oct 6, 2026 | $41.99m |
| Oct 7, 2026 | $42.45m |
| Oct 8, 2026 | $40.05m |
| Oct 9, 2026 | $37.89m |
| Oct 10, 2026 | $37.14m |
| Oct 11, 2026 | $37.37m |
| Oct 12, 2026 | $37.3m |
| Oct 13, 2026 | $35.35m |
| Oct 14, 2026 | $36.32m |
| Oct 15, 2026 | $35.03m |
| Oct 16, 2026 | $35.99m |
| 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 |
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 2, 2026 (latest) | $23.35m |
Fees, revenue and holders revenue by UTC calendar month, Aug 2026 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Aug 2026 | $35,321 | $0 | — |
| Sep 2026 | $3.89m | $0 | — |
| Oct 2026 | $3.26m | $295,201 | $294,836 |
| Nov 2026 (to date) | $35,497 | $25,915 | $25,892 |
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 2, 2026, Fables has $22.83m in total value locked. TVL has decreased 50.5% 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 $2.81m in fees. Of that, $307,758 was protocol revenue. Based on the trailing year, the annualized rate is $34.59m in fees and $8.64m in revenue.
What is the FABLES token price and valuation?
FABLES is currently trading at $0.061. Its circulating market capitalization is $2.2m, ranking it #2,755. Its fully diluted valuation is $8.17m. Supply currently stands at 36.43m circulating, 135.02m total supply, 1b maximum supply.
How has FABLES performed recently?
FABLES is up 33.3% over the past 7 days. Its all-time high is $0.069, reached on Nov 1, 2026. The token is currently 12.1% below that level.
How does Fables' TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Fables ranks #46 by TVL. The category holds $12.734b across 1,926 protocols, and Fables accounts for 0.2% of that total. Similar protocols include Uniswap V3, PancakeSwap AMM, Curve DEX, Uniswap V4, Uniswap V2, PancakeSwap AMM V3, Aero Slipstream, PancakeSwap Infinity, Aero Basic, and SushiSwap V3.
How much trading volume does Fables process?
Fables processed $1.528b in DEX volume over the past 30 days.

