Total Value Locked$225,476
TVL by Chain
Mantle$225,476
Key Metrics
Fees 30d$300.13
Fees 30d by chain
Mantle$300.13
Fees 7d$54.94
Mantle$54.94
Fees 24h$22.75
Mantle$22.75
Cumulative Fees$555,695
Mantle$555,695
Revenue 30d$49.76
Revenue 30d by chain
Mantle$49.76
Revenue 7d$9.17
Mantle$9.17
Revenue 24h$3.79
Mantle$3.79
Cumulative Revenue$88,925
Mantle$88,925
DEX Volume 30d$99,438
DEX Volume 30d by chain
Mantle$99,438
DEX Volume 7d$18,315
Mantle$18,315
DEX Volume 24h$7,584
Mantle$7,584
Cumulative DEX Volume$340.31m
Mantle$340.31m
Protocol Information
A decentralized exchange on Mantle
Part of Merchant Moe
Sub Category: AMM
Audits:
Merchant Moe DEX history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jan 10, 2024 to Nov 15, 2026.
All-time high TVL: $35.97m on Jun 6, 2024. All-time low TVL: $215,881 on Nov 15, 2026.
Daily TVL, Oct 17, 2026 to Nov 15, 2026
| Date | TVL |
|---|---|
| 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 |
| Oct 26, 2026 | $270,488 |
| Oct 27, 2026 | $267,566 |
| Oct 28, 2026 | $270,460 |
| Oct 29, 2026 | $264,062 |
| Oct 30, 2026 | $242,808 |
| Oct 31, 2026 | $254,551 |
| Nov 1, 2026 | $253,295 |
| Nov 2, 2026 | $253,471 |
| Nov 3, 2026 | $250,396 |
| Nov 4, 2026 | $248,233 |
| Nov 5, 2026 | $257,857 |
| Nov 6, 2026 | $240,352 |
| Nov 7, 2026 | $247,355 |
| Nov 8, 2026 | $249,840 |
| Nov 9, 2026 | $243,174 |
| Nov 10, 2026 | $246,084 |
| Nov 11, 2026 | $232,461 |
| Nov 12, 2026 | $239,568 |
| Nov 13, 2026 | $235,631 |
| Nov 14, 2026 | $228,965 |
| Nov 15, 2026 | $215,881 |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| 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 31, 2026 | $254,551 |
| Nov 15, 2026 (latest) | $215,881 |
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, Dec 2024 to Nov 2026
| Month | Fees | Revenue |
|---|---|---|
| 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 | $349.91 | $58.14 |
| Nov 2026 (to date) | $137.96 | $22.93 |
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 Nov 15, 2026, Merchant Moe DEX has $225,476 in total value locked. TVL has decreased 19.1% 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 $300.13 in fees. Of that, $49.76 was protocol revenue. Based on the trailing year, the annualized rate is $8,118 in fees and $1,298 in revenue.
How does Merchant Moe DEX's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Merchant Moe DEX ranks #416 by TVL. The category holds $11.045b across 1,941 protocols, and Merchant Moe DEX accounts for <0.1% of that total. Similar protocols include Uniswap V3, Curve DEX, DODO AMM, Agni Finance, Merchant Moe Liquidity Book, Fluxion Network, WOOFi Swap, iZiSwap, Clipper, and FusionX V3.
How much trading volume does Merchant Moe DEX process?
Merchant Moe DEX processed $99,438 in DEX volume over the past 30 days.