Ask about Invariant · freeTotal Value Locked$21,927
TVL by Chain
Solana$19,910
Eclipse$2,017
Key Metrics
Fees 30d$47.60
Fees 30d by chain
Solana$47.60
Fees 7d$10.17
Solana$10.17
Fees 24h$0.06
Solana$0.06
Cumulative Fees$579,320
Eclipse$505,150
Solana$74,170
Revenue 30d$0.47
Revenue 30d by chain
Solana$0.47
Revenue 7d$0.10
Solana$0.10
Revenue 24h$0
Solana$0
Cumulative Revenue$17.64
Solana$17.64
Holders Revenue 30d$0
Holders Revenue 30d by chain
Solana$0
Holders Revenue 7d$0
Solana$0
Holders Revenue 24h$0
Solana$0
Cumulative Holders Revenue$0
Solana$0
DEX Volume 30d$172,393
DEX Volume 30d by chain
Solana$172,393
DEX Volume 7d$96,466
Solana$96,466
DEX Volume 24h$505
Solana$505
Cumulative DEX Volume$862.4m
Eclipse$595.69m
Solana$266.71m
Market Cap$22,617
$INVT Price$0.00057
Fully Diluted Valuation$102,897
$INVT Volume 24h$0
CEX Volume$0
DEX Volume$0
Protocol Information
Invariant is the revolutionary AMM DEX with concentrated liquidity built on Solana that prioritizes capital efficiency, permissionless, and composability.
Sub Category: AMM
Audits:
Methodology
TVL: TVL is a sum of the locked capital in each liquidity poolView code on GitHubFees: Swap fees paid by traders: each pool's fee tier, read from the pool account on-chain, applied to the pool's swap volume.View code on GitHubRevenue: The protocol fee on each pool, 1% of swap fees, kept by Invariant.View code on GitHubHolders Revenue: Money going to governance token holdersView code on GitHubDEX Volume: Swaps on Invariant's Solana pools, direct or routed through aggregators, valued in USD per trade. Eclipse volume came from Invariant's stats API until it stopped updating on 2026-03-09.View code on GitHubUser Activity
Active Addresses (24h)477
Transactions (24h)1,170
Competitors
Invariant history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from May 27, 2022 to Oct 28, 2026.
All-time high TVL: $7.76m on Feb 16, 2025. All-time low TVL: $22,799 on Oct 27, 2026.
Daily TVL, Sep 29, 2026 to Oct 28, 2026
| Date | TVL |
|---|---|
| Sep 29, 2026 | $31,342 |
| Sep 30, 2026 | $31,382 |
| Oct 1, 2026 | $31,296 |
| Oct 2, 2026 | $31,397 |
| Oct 3, 2026 | $31,412 |
| Oct 4, 2026 | $31,490 |
| Oct 5, 2026 | $31,557 |
| Oct 6, 2026 | $31,527 |
| Oct 7, 2026 | $31,275 |
| Oct 8, 2026 | $31,133 |
| Oct 9, 2026 | $30,544 |
| Oct 10, 2026 | $30,547 |
| Oct 11, 2026 | $30,615 |
| Oct 12, 2026 | $30,654 |
| Oct 13, 2026 | $30,222 |
| Oct 14, 2026 | $30,280 |
| Oct 15, 2026 | $30,006 |
| Oct 16, 2026 | $30,101 |
| Oct 17, 2026 | $25,396 |
| Oct 18, 2026 | $25,347 |
| Oct 19, 2026 | $25,379 |
| Oct 20, 2026 | $25,458 |
| Oct 21, 2026 | $25,575 |
| Oct 22, 2026 | $25,449 |
| Oct 23, 2026 | $25,295 |
| Oct 24, 2026 | $25,244 |
| Oct 25, 2026 | $25,211 |
| Oct 26, 2026 | $25,072 |
| Oct 27, 2026 | $22,799 |
| Oct 28, 2026 | $22,914 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $412,943 |
| Dec 12, 2024 | $470,946 |
| Jan 31, 2025 | $7.72m |
| Feb 28, 2025 | $5.7m |
| Mar 31, 2025 | $4.1m |
| Apr 30, 2025 | $3.21m |
| May 31, 2025 | $3.63m |
| Jun 30, 2025 | $3.5m |
| Jul 31, 2025 | $1.82m |
| Aug 31, 2025 | $1.18m |
| Sep 30, 2025 | $1.08m |
| Oct 31, 2025 | $494,140 |
| Nov 30, 2025 | $412,547 |
| Dec 31, 2025 | $385,730 |
| Jan 31, 2026 | $375,132 |
| Feb 28, 2026 | $277,372 |
| Mar 31, 2026 | $285,240 |
| Apr 30, 2026 | $300,936 |
| May 31, 2026 | $261,006 |
| Jun 30, 2026 | $235,080 |
| Jul 31, 2026 | $245,122 |
| Aug 31, 2026 | $30,279 |
| Sep 30, 2026 | $31,382 |
| Oct 28, 2026 (latest) | $22,914 |
TVL at each year end, Dec 31, 2022 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2022 | $68,524 |
| Dec 31, 2023 | $289,171 |
| Dec 12, 2024 | $470,946 |
| Dec 31, 2025 | $385,730 |
Fees, revenue and holders revenue by UTC calendar month, Dec 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Dec 2024 | $12,686 | - | - |
| Jan 2025 | $144,393 | - | - |
| Feb 2025 | $88,256 | - | - |
| Mar 2025 | $63,658 | - | - |
| Apr 2025 | $47,309 | - | - |
| May 2025 | $61,591 | - | - |
| Jun 2025 | $45,066 | - | - |
| Jul 2025 | $82,857 | - | - |
| Aug 2025 | $20,172 | - | - |
| Sep 2025 | $4,859 | - | - |
| Oct 2025 | $4,728 | - | - |
| Nov 2025 | $1,963 | $0.09 | $0 |
| Dec 2025 | $114.74 | $1.15 | $0 |
| Jan 2026 | $662.90 | $6.59 | $0 |
| Feb 2026 | $796.48 | $7.97 | $0 |
| Mar 2026 | $47.65 | $0.45 | $0 |
| Apr 2026 | $8.87 | $0.03 | $0 |
| May 2026 | $25.66 | $0.24 | $0 |
| Jun 2026 | $25.20 | $0.22 | $0 |
| Jul 2026 | $10.38 | $0.03 | $0 |
| Aug 2026 | $21.69 | $0.19 | $0 |
| Sep 2026 | $27.40 | $0.27 | $0 |
| Oct 2026 (to date) | $40.72 | $0.41 | $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/invariant
Frequently asked questions
What is Invariant's TVL?
As of Oct 28, 2026, Invariant has $21,927 in total value locked. TVL has decreased 30.6% over the past 30 days.
What chains does Invariant operate on?
Invariant operates on 2 chains: Solana and Eclipse. Solana holds the largest share at 90.8%.
How much has Invariant generated in fees and revenue?
Over the past 30 days, Invariant generated $47.60 in fees. Of that, $0.47 was protocol revenue. Based on the trailing year, the annualized rate is $3,929 in fees and $19.34 in revenue.
What is the INVT token price and valuation?
INVT is currently trading at $0.00057. Its circulating market capitalization is $22,617, ranking it #10,573. Its fully diluted valuation is $102,897. Supply currently stands at 39.56m circulating, 180m total supply, 180m maximum supply.
How has INVT performed recently?
INVT is down 1.9% over the past 7 days and down 8.1% over the past 30 days. Its all-time high is $0.0024, reached on Sep 30, 2025. The token is currently 76% below that level.
How does Invariant's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Invariant ranks #889 by TVL. The category holds $13.492b across 1,923 protocols, and Invariant accounts for <0.1% of that total. Similar protocols include Orca DEX, Skate AMM, Raydium AMM, PancakeSwap AMM V3, PumpSwap, Sanctum Infinity, Meteora DLMM, THORChain DEX, Meteora DAMM V1, and Meteora DAMM V2.
How much trading volume does Invariant process?
Invariant processed $172,393 in DEX volume over the past 30 days.