Ask about FutureSwap · freeFutureSwap(FST)
Total Value Locked$11.87
TVL by Chain
Arbitrum$11.86
Ethereum$0.013
Avalanche$0
Key Metrics
Fees 30d$0
Fees 30d by chain
Arbitrum$0
Avalanche$0
Fees 7d$0
Arbitrum$0
Avalanche$0
Fees 24h$0
Arbitrum$0
Avalanche$0
Cumulative Fees$370
Arbitrum$370
Avalanche$0
Revenue 30d$0
Revenue 30d by chain
Arbitrum$0
Avalanche$0
Revenue 7d$0
Arbitrum$0
Avalanche$0
Revenue 24h$0
Arbitrum$0
Avalanche$0
Cumulative Revenue$370
Arbitrum$370
Avalanche$0
Holders Revenue 30d$0
Holders Revenue 30d by chain
Arbitrum$0
Avalanche$0
Holders Revenue 7d$0
Arbitrum$0
Avalanche$0
Holders Revenue 24h$0
Arbitrum$0
Avalanche$0
Cumulative Holders Revenue$0
Arbitrum$0
Avalanche$0
Treasury$0
Majors$0
Stablecoins$0
Own Tokens$0
Others$0
Protocol Information
Futureswap is a decentralized perpetuals exchange governed by the community.
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Trading fees as reported by the tradeFee field in PositionChanged events. Futureswap is a leveraged derivatives protocol and does not emit explicit fee settlement events.View code on GitHubRevenue: All reported trade fees are treated as protocol revenue due to lack of on-chain fee distribution data.View code on GitHubHolders Revenue: Fees going to governance token holdersView code on GitHubTreasury: Value of tokens owned by the protocolHacks
Date: Dec 16, 2025
Amount: $270,000
Classification: Governance
Technique: Flashloan Governance Attack
In December 2025, attacker exploited FutureSwap on Arbitrum using flash loans to acquire temporary governance voting power and pass a malicious proposal transferring protocol funds.
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Competitors
FutureSwap history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Mar 19, 2021 to Nov 5, 2026.
All-time high TVL: $81.02m on Apr 16, 2021. All-time low TVL: $8 on Jun 6, 2026.
Daily TVL, Oct 7, 2026 to Nov 5, 2026
| Date | TVL |
|---|---|
| Oct 7, 2026 | $13 |
| Oct 8, 2026 | $13 |
| Oct 9, 2026 | $12 |
| Oct 10, 2026 | $12 |
| Oct 11, 2026 | $13 |
| Oct 12, 2026 | $13 |
| Oct 13, 2026 | $12 |
| Oct 14, 2026 | $13 |
| Oct 15, 2026 | $12 |
| Oct 16, 2026 | $12 |
| Oct 17, 2026 | $12 |
| Oct 18, 2026 | $12 |
| Oct 19, 2026 | $12 |
| Oct 20, 2026 | $12 |
| Oct 21, 2026 | $12 |
| Oct 22, 2026 | $12 |
| Oct 23, 2026 | $12 |
| Oct 24, 2026 | $12 |
| Oct 25, 2026 | $12 |
| Oct 26, 2026 | $12 |
| Oct 27, 2026 | $12 |
| Oct 28, 2026 | $12 |
| Oct 29, 2026 | $12 |
| Oct 30, 2026 | $11 |
| Oct 31, 2026 | $11 |
| Nov 1, 2026 | $12 |
| Nov 2, 2026 | $12 |
| Nov 3, 2026 | $11 |
| Nov 4, 2026 | $11 |
| Nov 5, 2026 | $12 |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $1.24m |
| Jan 31, 2025 | $1.22m |
| Feb 28, 2025 | $1.03m |
| Mar 31, 2025 | $934,777 |
| Apr 30, 2025 | $941,271 |
| May 31, 2025 | $1.08m |
| Jun 30, 2025 | $1.08m |
| Jul 31, 2025 | $1.33m |
| Aug 31, 2025 | $1.43m |
| Sep 30, 2025 | $1.41m |
| Oct 31, 2025 | $1.33m |
| Nov 30, 2025 | $1.16m |
| Dec 31, 2025 | $599,647 |
| Jan 31, 2026 | $13 |
| Feb 28, 2026 | $10 |
| Mar 31, 2026 | $10 |
| Apr 30, 2026 | $11 |
| May 31, 2026 | $11 |
| Jun 30, 2026 | $8 |
| Jul 31, 2026 | $10 |
| Aug 31, 2026 | $12 |
| Sep 30, 2026 | $13 |
| Oct 31, 2026 | $11 |
| Nov 5, 2026 (latest) | $12 |
TVL at each year end, Dec 31, 2021 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2021 | $652,812 |
| Dec 31, 2022 | $827,570 |
| Dec 31, 2023 | $1.03m |
| Dec 31, 2024 | $1.24m |
| Dec 31, 2025 | $599,647 |
Fees, revenue and holders revenue by UTC calendar month, Jan 2026 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Jan 2026 | $370 | $370 | $0 |
| Feb 2026 | $0 | $0 | $0 |
| Mar 2026 | $0 | $0 | $0 |
| Apr 2026 | $0 | $0 | $0 |
| May 2026 | $0 | $0 | $0 |
| Jun 2026 | $0 | $0 | $0 |
| Jul 2026 | $0 | $0 | $0 |
| Aug 2026 | $0 | $0 | $0 |
| Sep 2026 | $0 | $0 | $0 |
| Oct 2026 | $0 | $0 | $0 |
| Nov 2026 (to date) | $0 | $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/futureswap
Frequently asked questions
What is FutureSwap's TVL?
As of Nov 5, 2026, FutureSwap has $11.87 in total value locked. TVL has decreased 8.7% over the past 30 days.
What chains does FutureSwap operate on?
FutureSwap operates on 3 chains: Arbitrum, Ethereum, and Avalanche. Arbitrum holds the largest share at 99.9%.
How much has FutureSwap generated in fees and revenue?
Over the past 30 days, FutureSwap generated $0 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $460.92 in fees and $460.92 in revenue.
How does FutureSwap's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, FutureSwap ranks #253 by TVL. The category holds $1.853b across 422 protocols, and FutureSwap accounts for <0.1% of that total. Similar protocols include Contango V2, ApeX Pro, Voltz, RubyDex, GMX EVM, AZverse Perps, Apex Omni, Aevo Perps, MUX Perps, and AlphaX.
Does FutureSwap have a treasury?
FutureSwap has a tracked treasury currently valued at $0.
Has FutureSwap ever been exploited?
FutureSwap has 1 recorded security incident. The most recent incident occurred on Dec 16, 2025 and involved $270,000. It was classified as Governance.