Total Value Locked$270,771
TVL by Chain
Mantle$270,771
Key Metrics
Fees 30d$347.18
Fees 30d by chain
Mantle$347.18
Fees 7d$78.37
Mantle$78.37
Fees 24h$7.82
Mantle$7.82
Cumulative Fees$555,503
Mantle$555,503
Revenue 30d$57.86
Revenue 30d by chain
Mantle$57.86
Revenue 7d$13.01
Mantle$13.01
Revenue 24h$1.30
Mantle$1.30
Cumulative Revenue$88,893
Mantle$88,893
DEX Volume 30d$114,689
DEX Volume 30d by chain
Mantle$114,689
DEX Volume 7d$26,018
Mantle$26,018
DEX Volume 24h$2,607
Mantle$2,607
Cumulative DEX Volume$340.25m
Mantle$340.25m
Protocol Information
A decentralized exchange on Mantle
Sub Category: AMM
Audits:
Methodology
TVL: Value of the tokens locked in the liquidity pools.View code on GitHubFees: Swap fees paid by usersView code on GitHubRevenue: Percentage of swap fees going to treasury and/or token holdersView code on GitHubDEX Volume: Volume of all spot token swaps on the DEXView code on GitHubCompetitors
Merchant Moe DEX history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jan 10, 2024 to Oct 25, 2026.
All-time high TVL: $35.97m on Jun 6, 2024. All-time low TVL: $216,069 on Aug 1, 2026.
Daily TVL, Sep 26, 2026 to Oct 25, 2026
| Date | TVL |
|---|---|
| Sep 26, 2026 | $346,513 |
| Sep 27, 2026 | $347,394 |
| Sep 28, 2026 | $345,746 |
| Sep 29, 2026 | $336,369 |
| Sep 30, 2026 | $332,978 |
| Oct 1, 2026 | $339,940 |
| Oct 2, 2026 | $334,725 |
| Oct 3, 2026 | $324,974 |
| Oct 4, 2026 | $321,439 |
| Oct 5, 2026 | $325,613 |
| Oct 6, 2026 | $316,655 |
| Oct 7, 2026 | $297,484 |
| Oct 8, 2026 | $294,179 |
| Oct 9, 2026 | $283,014 |
| Oct 10, 2026 | $284,281 |
| Oct 11, 2026 | $291,292 |
| Oct 12, 2026 | $291,851 |
| Oct 13, 2026 | $278,310 |
| Oct 14, 2026 | $284,727 |
| Oct 15, 2026 | $277,484 |
| Oct 16, 2026 | $278,693 |
| Oct 17, 2026 | $279,905 |
| Oct 18, 2026 | $274,972 |
| Oct 19, 2026 | $275,643 |
| Oct 20, 2026 | $276,273 |
| Oct 21, 2026 | $282,313 |
| Oct 22, 2026 | $291,707 |
| Oct 23, 2026 | $278,128 |
| Oct 24, 2026 | $272,528 |
| Oct 25, 2026 | $269,708 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $14.83m |
| Dec 31, 2024 | $2.6m |
| Jan 31, 2025 | $2.44m |
| Feb 28, 2025 | $1.4m |
| Mar 31, 2025 | $1.27m |
| Apr 30, 2025 | $1.28m |
| May 31, 2025 | $958,681 |
| Jun 30, 2025 | $752,248 |
| Jul 31, 2025 | $986,552 |
| Aug 31, 2025 | $1.52m |
| Sep 30, 2025 | $1.94m |
| Oct 31, 2025 | $1.19m |
| Nov 30, 2025 | $825,761 |
| Dec 31, 2025 | $625,780 |
| Jan 31, 2026 | $507,696 |
| Feb 28, 2026 | $2.42m |
| Mar 31, 2026 | $418,907 |
| Apr 30, 2026 | $346,189 |
| May 31, 2026 | $332,619 |
| Jun 30, 2026 | $240,506 |
| Jul 31, 2026 | $219,160 |
| Aug 31, 2026 | $344,923 |
| Sep 30, 2026 | $332,978 |
| Oct 25, 2026 (latest) | $269,708 |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $2.6m |
| Dec 31, 2025 | $625,780 |
Fees and revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Nov 2024 | $15,586 | $2,600 |
| Dec 2024 | $12,647 | $2,105 |
| Jan 2025 | $17,696 | $2,950 |
| Feb 2025 | $7,661 | $1,277 |
| Mar 2025 | $4,462 | $745 |
| Apr 2025 | $3,284 | $545 |
| May 2025 | $3,366 | $561 |
| Jun 2025 | $2,111 | $353 |
| Jul 2025 | $2,654 | $445 |
| Aug 2025 | $7,514 | $1,251 |
| Sep 2025 | $10,725 | $1,790 |
| Oct 2025 | $14,108 | $2,351 |
| Nov 2025 | $3,265 | $544 |
| Dec 2025 | $1,400 | $232 |
| Jan 2026 | $1,082 | $181 |
| Feb 2026 | $868 | $141 |
| Mar 2026 | $606 | $79 |
| Apr 2026 | $416 | $44 |
| May 2026 | $463.38 | $73.04 |
| Jun 2026 | $297.44 | $49.52 |
| Jul 2026 | $209.77 | $35.03 |
| Aug 2026 | $688.73 | $114.73 |
| Sep 2026 | $605.54 | $100.91 |
| Oct 2026 (to date) | $273.51 | $45.55 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/merchant-moe-dex
Frequently asked questions
What is Merchant Moe DEX's TVL?
As of Oct 25, 2026, Merchant Moe DEX has $270,771 in total value locked. TVL has decreased 21% over the past 30 days.
What chains does Merchant Moe DEX operate on?
Merchant Moe DEX operates on Mantle. Mantle holds the largest share at 100%.
How much has Merchant Moe DEX generated in fees and revenue?
Over the past 30 days, Merchant Moe DEX generated $347.18 in fees. Of that, $57.86 was protocol revenue. Based on the trailing year, the annualized rate is $11,134 in fees and $1,800 in revenue.
How does Merchant Moe DEX's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Merchant Moe DEX ranks #424 by TVL. The category holds $13.832b across 1,921 protocols, and Merchant Moe DEX accounts for <0.1% of that total. Similar protocols include Uniswap V3, Curve DEX, Agni Finance, DODO AMM, Merchant Moe Liquidity Book, Fluxion Network, WOOFi Swap, iZiSwap, Clipper, and Swaap Maker V2.
How much trading volume does Merchant Moe DEX process?
Merchant Moe DEX processed $114,689 in DEX volume over the past 30 days.