Total Value Locked$3.6m
TVL by Chain
Initia$3.6m
Key Metrics
Fees 30d$21,348
Fees 30d by chain
Initia$21,348
Fees 7d$5,009
Initia$5,009
Fees 24h$1,199
Initia$1,199
Cumulative Fees$1.17m
Initia$1.17m
Revenue 30d$0
Revenue 30d by chain
Initia$0
Revenue 7d$0
Initia$0
Revenue 24h$0
Initia$0
Cumulative Revenue$0
Initia$0
DEX Volume 30d$7.46m
DEX Volume 30d by chain
Initia$7.46m
DEX Volume 7d$1.81m
Initia$1.81m
DEX Volume 24h$439,033
Initia$439,033
Cumulative DEX Volume$413.53m
Initia$413.53m
Protocol Information
The InitiaDEX is a decentralized exchange (DEX) built on the Initia L1. It serves as a Balancer-style weighted pool for diverse asset pairs and a StableSwap pool for assets with closely correlated prices. This design ensures an optimal trading experience across various asset types.
Sub Category: Weighted Pool AMM
Methodology
TVL: TVL is calculated as the sum of all pool liquidityView code on GitHubFees: Daily swap fees.View code on GitHubRevenue: Zero. Initia does not retain any portion of swap fees. All swap fees remain within their respective liquidity pools.View code on GitHubDEX Volume: Daily swap volume across all initia pools, including Weighted (Balancer), StableSwap, CLAMM, and Minitswap pools.View code on GitHubCompetitors
InitiaDEX history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from May 6, 2025 to Oct 25, 2026.
All-time high TVL: $42.15m on May 23, 2025. All-time low TVL: $1.83m on Jul 30, 2026.
Daily TVL, Sep 26, 2026 to Oct 25, 2026
| Date | TVL |
|---|---|
| Sep 26, 2026 | $2.92m |
| Sep 27, 2026 | $2.81m |
| Sep 28, 2026 | $2.74m |
| Sep 29, 2026 | $2.7m |
| Sep 30, 2026 | $3.04m |
| Oct 1, 2026 | $3.06m |
| Oct 2, 2026 | $3.07m |
| Oct 3, 2026 | $3.17m |
| Oct 4, 2026 | $3.26m |
| Oct 5, 2026 | $3.36m |
| Oct 6, 2026 | $3.36m |
| Oct 7, 2026 | $3.25m |
| Oct 8, 2026 | $3.33m |
| Oct 9, 2026 | $3.25m |
| Oct 10, 2026 | $3.23m |
| Oct 11, 2026 | $3.35m |
| Oct 12, 2026 | $3.36m |
| Oct 13, 2026 | $3.42m |
| Oct 14, 2026 | $3.5m |
| Oct 15, 2026 | $3.55m |
| Oct 16, 2026 | $3.85m |
| Oct 17, 2026 | $3.57m |
| Oct 18, 2026 | $3.51m |
| Oct 19, 2026 | $3.57m |
| Oct 20, 2026 | $3.5m |
| Oct 21, 2026 | $3.61m |
| Oct 22, 2026 | $3.61m |
| Oct 23, 2026 | $3.64m |
| Oct 24, 2026 | $3.6m |
| Oct 25, 2026 | $3.6m |
TVL at each month end, May 2025 to Oct 2026
| Date | TVL |
|---|---|
| May 31, 2025 | $28.63m |
| Jun 30, 2025 | $14.88m |
| Jul 31, 2025 | $13.09m |
| Aug 31, 2025 | $12.19m |
| Sep 30, 2025 | $11.33m |
| Oct 31, 2025 | $5.93m |
| Nov 30, 2025 | $4.36m |
| Dec 31, 2025 | $3.34m |
| Jan 31, 2026 | $3.55m |
| Feb 28, 2026 | $3.26m |
| Mar 31, 2026 | $2.89m |
| Apr 30, 2026 | $3.38m |
| May 31, 2026 | $2.88m |
| Jun 30, 2026 | $2.12m |
| Jul 31, 2026 | $1.84m |
| Aug 31, 2026 | $1.97m |
| Sep 30, 2026 | $3.04m |
| Oct 25, 2026 (latest) | $3.6m |
Fees and revenue by UTC calendar month, May 2025 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| May 2025 | $495,939 | - |
| Jun 2025 | $176,614 | - |
| Jul 2025 | $153,727 | - |
| Aug 2025 | $68,478 | - |
| Sep 2025 | $37,052 | - |
| Oct 2025 | $44,318 | - |
| Nov 2025 | $32,736 | - |
| Dec 2025 | $16,934 | - |
| Jan 2026 | $16,106 | - |
| Feb 2026 | $38,115 | - |
| Mar 2026 | $19,856 | - |
| Apr 2026 | $13,186 | - |
| May 2026 | $11,162 | - |
| Jun 2026 | $9,184 | - |
| Jul 2026 | $3,995 | $0 |
| Aug 2026 | $6,356 | $0 |
| Sep 2026 | $11,820 | $0 |
| Oct 2026 (to date) | $18,011 | $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/initiadex
Frequently asked questions
What is InitiaDEX's TVL?
As of Oct 25, 2026, InitiaDEX has $3.6m in total value locked. TVL has increased 21.4% over the past 30 days.
What chains does InitiaDEX operate on?
InitiaDEX operates on Initia. Initia holds the largest share at 100%.
How much has InitiaDEX generated in fees and revenue?
Over the past 30 days, InitiaDEX generated $21,348 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $201,642 in fees.
How does InitiaDEX's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, InitiaDEX ranks #134 by TVL. The category holds $13.837b across 1,921 protocols, and InitiaDEX accounts for <0.1% of that total. Similar protocols include Uniswap V3, PancakeSwap AMM, Uniswap V4, Curve DEX, Raydium AMM, Uniswap V2, PancakeSwap AMM V3, Bittensor dTAO, PumpSwap, and RocketSwap Anubis.
How much trading volume does InitiaDEX process?
InitiaDEX processed $7.46m in DEX volume over the past 30 days.

