Total Value Locked$9.93m
TVL by Chain
Mantle$9.93m
Key Metrics
Fees 30d$8,809
Fees 30d by chain
Mantle$8,809
Fees 7d$1,831
Mantle$1,831
Fees 24h$808
Mantle$808
Cumulative Fees$7.28m
Mantle$7.28m
Revenue 30d$2,202
Revenue 30d by chain
Mantle$2,202
Revenue 7d$457.14
Mantle$457.14
Revenue 24h$202
Mantle$202
Cumulative Revenue$1.45m
Mantle$1.45m
Holders Revenue 30d$2,202
Holders Revenue 30d by chain
Mantle$2,202
Holders Revenue 7d$457.14
Mantle$457.14
Holders Revenue 24h$202
Mantle$202
Cumulative Holders Revenue$1.45m
Mantle$1.45m
DEX Volume 30d$13.63m
DEX Volume 30d by chain
Mantle$13.63m
DEX Volume 7d$2.82m
Mantle$2.82m
DEX Volume 24h$1.32m
Mantle$1.32m
Cumulative DEX Volume$9.756b
Mantle$9.756b
Protocol Information
Liquidity Book is an AMM on Merchant Moe offering low-cost trading, higher fee potential for providers, and requires less capital. It features zero slippage, surge pricing, and high efficiency
Part of Merchant Moe
Sub Category: DLMM
Methodology
TVL: We count the token balances in in different liquidity book contractsView code on GitHubFees: Total swap fees typically range from 0.01% up to 0.8% of the total amount paid by users.View code on GitHubRevenue: Share of amount of swap fees.View code on GitHubHolders Revenue: All revenue distributed to MOE stakers.View code on GitHubDEX Volume: Volume of all spot token swaps on the DEXView code on GitHubMerchant Moe Liquidity Book history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Apr 3, 2024 to Nov 15, 2026.
All-time high TVL: $159.76m on Nov 12, 2024. All-time low TVL: $1.2m on Apr 14, 2024.
Daily TVL, Oct 17, 2026 to Nov 15, 2026
| Date | TVL |
|---|---|
| Oct 17, 2026 | $12m |
| Oct 18, 2026 | $11.91m |
| Oct 19, 2026 | $11.93m |
| Oct 20, 2026 | $11.93m |
| Oct 21, 2026 | $12.05m |
| Oct 22, 2026 | $12.19m |
| Oct 23, 2026 | $11.89m |
| Oct 24, 2026 | $11.87m |
| Oct 25, 2026 | $11.76m |
| Oct 26, 2026 | $11.72m |
| Oct 27, 2026 | $11.69m |
| Oct 28, 2026 | $11.75m |
| Oct 29, 2026 | $11.73m |
| Oct 30, 2026 | $11.26m |
| Oct 31, 2026 | $11.36m |
| Nov 1, 2026 | $11.37m |
| Nov 2, 2026 | $11.41m |
| Nov 3, 2026 | $11.35m |
| Nov 4, 2026 | $11.34m |
| Nov 5, 2026 | $11.69m |
| Nov 6, 2026 | $11.07m |
| Nov 7, 2026 | $11.17m |
| Nov 8, 2026 | $11.2m |
| Nov 9, 2026 | $10.96m |
| Nov 10, 2026 | $10.99m |
| Nov 11, 2026 | $10.68m |
| Nov 12, 2026 | $10.71m |
| Nov 13, 2026 | $10.56m |
| Nov 14, 2026 | $10.31m |
| Nov 15, 2026 | $9.77m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $120.64m |
| Jan 31, 2025 | $99.11m |
| Feb 28, 2025 | $67.39m |
| Mar 31, 2025 | $83.09m |
| Apr 30, 2025 | $83.79m |
| May 31, 2025 | $83.99m |
| Jun 30, 2025 | $82.94m |
| Jul 31, 2025 | $92.15m |
| Aug 31, 2025 | $92.51m |
| Sep 30, 2025 | $71.33m |
| Oct 31, 2025 | $65.69m |
| Nov 30, 2025 | $60.14m |
| Dec 31, 2025 | $59.16m |
| Jan 31, 2026 | $57.37m |
| Feb 28, 2026 | $51.22m |
| Mar 31, 2026 | $42.91m |
| Apr 30, 2026 | $37.34m |
| May 31, 2026 | $36m |
| Jun 30, 2026 | $18.83m |
| Jul 31, 2026 | $11.13m |
| Aug 31, 2026 | $12.09m |
| Sep 30, 2026 | $12.99m |
| Oct 31, 2026 | $11.36m |
| Nov 15, 2026 (latest) | $9.77m |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $120.64m |
| Dec 31, 2025 | $59.16m |
Fees, revenue and holders revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Dec 2024 | $484,214 | $89,801 | $89,801 |
| Jan 2025 | $463,305 | $82,095 | $82,095 |
| Feb 2025 | $427,743 | $76,541 | $76,541 |
| Mar 2025 | $341,698 | $63,684 | $63,684 |
| Apr 2025 | $186,005 | $34,724 | $34,724 |
| May 2025 | $234,695 | $43,249 | $43,249 |
| Jun 2025 | $183,677 | $41,898 | $41,898 |
| Jul 2025 | $298,405 | $70,230 | $70,230 |
| Aug 2025 | $575,632 | $134,356 | $134,356 |
| Sep 2025 | $581,146 | $142,461 | $142,461 |
| Oct 2025 | $509,983 | $127,498 | $127,498 |
| Nov 2025 | $227,318 | $56,827 | $56,827 |
| Dec 2025 | $168,948 | $42,233 | $42,233 |
| Jan 2026 | $126,730 | $31,681 | $31,681 |
| Feb 2026 | $205,107 | $51,269 | $51,269 |
| Mar 2026 | $48,351 | $12,081 | $12,081 |
| Apr 2026 | $28,804 | $7,176 | $7,176 |
| May 2026 | $28,521 | $7,115 | $7,115 |
| Jun 2026 | $42,458 | $10,614 | $10,614 |
| Jul 2026 | $18,457 | $4,618 | $4,618 |
| Aug 2026 | $26,036 | $6,504 | $6,504 |
| Sep 2026 | $6,000 | $1,490 | $1,490 |
| Oct 2026 | $8,957 | $2,235 | $2,235 |
| Nov 2026 (to date) | $4,726 | $1,182 | $1,182 |
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-liquidity-book
Frequently asked questions
What is Merchant Moe Liquidity Book's TVL?
As of Nov 15, 2026, Merchant Moe Liquidity Book has $9.93m in total value locked. TVL has decreased 17.2% over the past 30 days.
What chains does Merchant Moe Liquidity Book operate on?
Merchant Moe Liquidity Book operates on Mantle. Mantle holds the largest share at 100%.
How much has Merchant Moe Liquidity Book generated in fees and revenue?
Over the past 30 days, Merchant Moe Liquidity Book generated $8,809 in fees. Of that, $2,202 was protocol revenue. Based on the trailing year, the annualized rate is $816,925 in fees and $204,153 in revenue.
How does Merchant Moe Liquidity Book's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Merchant Moe Liquidity Book ranks #72 by TVL. The category holds $11.094b across 1,941 protocols, and Merchant Moe Liquidity Book accounts for 0.1% of that total. Similar protocols include Uniswap V3, Curve DEX, DODO AMM, Agni Finance, Fluxion Network, WOOFi Swap, iZiSwap, Clipper, Merchant Moe DEX, and FusionX V3.
How much trading volume does Merchant Moe Liquidity Book process?
Merchant Moe Liquidity Book processed $13.63m in DEX volume over the past 30 days.