Total Value Locked$3.2m
TVL by Chain
Initia$3.2m
Key Metrics
Fees 30d$16,784
Fees 30d by chain
Initia$16,784
Fees 7d$2,469
Initia$2,469
Cumulative Fees$1.18m
Initia$1.18m
Revenue 30d$0
Revenue 30d by chain
Initia$0
Revenue 7d$0
Initia$0
Cumulative Revenue$0
Initia$0
DEX Volume 30d$6.26m
DEX Volume 30d by chain
Initia$6.26m
DEX Volume 7d$919,303
Initia$919,303
Cumulative DEX Volume$416.15m
Initia$416.15m
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 GitHubInitiaDEX history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from May 6, 2025 to Nov 13, 2026.
All-time high TVL: $42.15m on May 23, 2025. All-time low TVL: $1.83m on Jul 30, 2026.
Daily TVL, Oct 15, 2026 to Nov 13, 2026
| Date | TVL |
|---|---|
| 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 |
| Oct 26, 2026 | $3.6m |
| Oct 27, 2026 | $3.6m |
| Oct 28, 2026 | $3.6m |
| Oct 29, 2026 | $3.6m |
| Oct 30, 2026 | $3.6m |
| Oct 31, 2026 | $3.6m |
| Nov 1, 2026 | $3.6m |
| Nov 2, 2026 | $3.6m |
| Nov 3, 2026 | $3.59m |
| Nov 4, 2026 | $3.39m |
| Nov 5, 2026 | $3.7m |
| Nov 6, 2026 | $3.56m |
| Nov 7, 2026 | $3.49m |
| Nov 8, 2026 | $3.33m |
| Nov 9, 2026 | $3.21m |
| Nov 10, 2026 | $3.2m |
| Nov 11, 2026 | $3.2m |
| Nov 12, 2026 | $3.2m |
| Nov 13, 2026 | $3.2m |
TVL at each month end, May 2025 to Nov 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 31, 2026 | $3.6m |
| Nov 13, 2026 (latest) | $3.2m |
Fees and revenue by UTC calendar month, May 2025 to Nov 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 | $14,414 | $0 |
| Nov 2026 (to date) | $10,222 | $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 Nov 13, 2026, InitiaDEX has $3.2m in total value locked. TVL has decreased 8.6% 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 $16,784 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $193,099 in fees.
How does InitiaDEX's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, InitiaDEX ranks #128 by TVL. The category holds $11.782b across 1,935 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, RocketSwap Anubis V2, and Orca DEX.
How much trading volume does InitiaDEX process?
InitiaDEX processed $6.26m in DEX volume over the past 30 days.