Ask about Fables · freeTotal Value Locked$13.13m
TVL by Chain
Robinhood Chain$13.13m
Key Metrics
Fees 30d$1.75m
Fees 30d by chain
Robinhood Chain$1.75m
Fees 7d$165,431
Robinhood Chain$165,431
Fees 24h$26,651
Robinhood Chain$26,651
Cumulative Fees$7.51m
Robinhood Chain$7.51m
Revenue 30d$498,946
Revenue 30d by chain
Robinhood Chain$498,946
Revenue 7d$124,330
Robinhood Chain$124,330
Revenue 24h$16,167
Robinhood Chain$16,167
Cumulative Revenue$498,946
Robinhood Chain$498,946
Holders Revenue 30d$541,115
Holders Revenue 30d by chain
Robinhood Chain$541,115
Holders Revenue 7d$150,586
Robinhood Chain$150,586
Holders Revenue 24h$16,167
Robinhood Chain$16,167
Cumulative Holders Revenue$541,115
Robinhood Chain$541,115
DEX Volume 30d$982.17m
DEX Volume 30d by chain
Robinhood Chain$982.17m
DEX Volume 7d$78.15m
Robinhood Chain$78.15m
DEX Volume 24h$10.54m
Robinhood Chain$10.54m
Cumulative DEX Volume$3.965b
Robinhood Chain$3.965b
Market Cap$928,996
$FABLES Price$0.032
Fully Diluted Valuation$4.38m
$FABLES Volume 24h$194,477
CEX Volume$0
DEX Volume$194,738(100.13% of total)
Staked$3.07m(330.07% 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 Tracked29
Average Supply APY578.79%
Largest Pools by TVL
WETH-USDGRobinhood Chain$1.43m
SPY-USDGRobinhood Chain$974,162
USDG-GLDRobinhood Chain$874,448
MCD-USDGRobinhood Chain$512,577
USDG-UBIKRobinhood Chain$238,462
Competitors
Fables history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Aug 26, 2026 to Nov 13, 2026.
All-time high TVL: $50.72m on Sep 27, 2026. All-time low TVL: $422,789 on Aug 26, 2026.
Daily TVL, Oct 15, 2026 to Nov 13, 2026
| Date | TVL |
|---|---|
| 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 |
| 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 |
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 13, 2026 (latest) | $13.5m |
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) | $351,487 | $219,912 | $262,446 |
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 13, 2026, Fables has $13.13m in total value locked. TVL has decreased 63.9% 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 $1.75m in fees. Of that, $498,946 was protocol revenue. Based on the trailing year, the annualized rate is $31.88m in fees and $7.92m in revenue.
What is the FABLES token price and valuation?
FABLES is currently trading at $0.031. Its circulating market capitalization is $889,471, ranking it #3,603. Its fully diluted valuation is $4.19m. Supply currently stands at 28.63m circulating, 135.02m total supply, 1b maximum supply.
How has FABLES performed recently?
FABLES is down 40.5% over the past 7 days. Its all-time high is $0.069, reached on Nov 1, 2026. The token is currently 54.9% below that level.
How does Fables' TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Fables ranks #60 by TVL. The category holds $11.849b across 1,935 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 $982.17m in DEX volume over the past 30 days.