Ask about MCDEX · freeProtocol Information
MCDEX is a permissionless AMM-based decentralized perpetual swap protocol. MCDEX has ceased operation, and the remaining TVL on the platform is from user deposits.
Sub Category: AMM
Audits:
Methodology
TVL: Includes all locked liquidity in AMM pools, pulling the data from the mcdex subgraphView code on GitHubCompetitors
MCDEX history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jun 18, 2020 to Nov 6, 2026.
All-time high TVL: $207.35m on Oct 15, 2021. All-time low TVL: $141,696 on Jun 18, 2020.
Daily TVL, Oct 8, 2026 to Nov 6, 2026
| Date | TVL |
|---|---|
| Oct 8, 2026 | $1.44m |
| Oct 9, 2026 | $1.39m |
| Oct 10, 2026 | $1.39m |
| Oct 11, 2026 | $1.4m |
| Oct 12, 2026 | $1.42m |
| Oct 13, 2026 | $1.36m |
| Oct 14, 2026 | $1.41m |
| Oct 15, 2026 | $1.36m |
| Oct 16, 2026 | $1.36m |
| Oct 17, 2026 | $1.35m |
| Oct 18, 2026 | $1.34m |
| Oct 19, 2026 | $1.35m |
| Oct 20, 2026 | $1.34m |
| Oct 21, 2026 | $1.37m |
| Oct 22, 2026 | $1.38m |
| Oct 23, 2026 | $1.34m |
| Oct 24, 2026 | $1.33m |
| Oct 25, 2026 | $1.32m |
| Oct 26, 2026 | $1.3m |
| Oct 27, 2026 | $1.3m |
| Oct 28, 2026 | $1.31m |
| Oct 29, 2026 | $1.31m |
| Oct 30, 2026 | $1.24m |
| Oct 31, 2026 | $1.25m |
| Nov 1, 2026 | $1.26m |
| Nov 2, 2026 | $1.27m |
| Nov 3, 2026 | $1.25m |
| Nov 4, 2026 | $1.27m |
| Nov 5, 2026 | $1.35m |
| Nov 6, 2026 | $1.25m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $2.31m |
| Jan 31, 2025 | $2.23m |
| Feb 28, 2025 | $1.59m |
| Mar 31, 2025 | $1.25m |
| Apr 30, 2025 | $1.24m |
| May 31, 2025 | $1.74m |
| Jun 30, 2025 | $1.74m |
| Jul 31, 2025 | $2.61m |
| Aug 31, 2025 | $3.01m |
| Sep 30, 2025 | $2.89m |
| Oct 31, 2025 | $2.62m |
| Nov 30, 2025 | $1.69m |
| Dec 31, 2025 | $1.67m |
| Jan 31, 2026 | $1.53m |
| Feb 28, 2026 | $1.09m |
| Mar 31, 2026 | $1.15m |
| Apr 30, 2026 | $1.28m |
| May 31, 2026 | $1.14m |
| Jun 30, 2026 | $898,725 |
| Jul 31, 2026 | $1.08m |
| Aug 31, 2026 | $1.36m |
| Sep 30, 2026 | $1.5m |
| Oct 31, 2026 | $1.25m |
| Nov 6, 2026 (latest) | $1.25m |
TVL at each year end, Dec 31, 2020 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2020 | $1.57m |
| Dec 31, 2021 | $25.11m |
| Dec 31, 2022 | $1.29m |
| Dec 31, 2023 | $1.59m |
| Dec 31, 2024 | $2.31m |
| Dec 31, 2025 | $1.67m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/mcdex
Frequently asked questions
What is MCDEX's TVL?
As of Nov 6, 2026, MCDEX has $1.24m in total value locked. TVL has decreased 17.9% over the past 30 days.
What chains does MCDEX operate on?
MCDEX operates on 3 chains: Ethereum, BSC, and Arbitrum. Ethereum holds the largest share at 99%.
How does MCDEX's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, MCDEX ranks #206 by TVL. The category holds $12.567b across 1,929 protocols, and MCDEX accounts for <0.1% of that total. Similar protocols include Uniswap V3, PancakeSwap AMM, Uniswap V4, Curve DEX, Uniswap V2, PancakeSwap AMM V3, SushiSwap V3, SushiSwap, Metric V1, and DODO AMM.