Ask about Merchant Moe · freeTotal Value Locked$10.79m
TVL by Chain
Mantle$10.79m
Key Metrics
Fees 30d$9,614
Fees 30d by chain
Mantle$9,614
Fees 7d$1,390
Mantle$1,390
Fees 24h$160.88
Mantle$160.88
Cumulative Fees$7.83m
Mantle$7.83m
Revenue 30d$2,375
Revenue 30d by chain
Mantle$2,375
Revenue 7d$342.11
Mantle$342.11
Revenue 24h$39.14
Mantle$39.14
Cumulative Revenue$1.54m
Mantle$1.54m
Holders Revenue 30d$2,323
Holders Revenue 30d by chain
Mantle$2,323
Holders Revenue 7d$330.94
Mantle$330.94
Holders Revenue 24h$36.32
Mantle$36.32
Cumulative Holders Revenue$1.45m
Mantle$1.45m
DEX Volume 30d$13.84m
DEX Volume 30d by chain
Mantle$13.84m
DEX Volume 7d$2.99m
Mantle$2.99m
DEX Volume 24h$342,175
Mantle$342,175
Cumulative DEX Volume$10.095b
Mantle$10.095b
Market Cap$1.61m
$MOE Price$0.0084
Fully Diluted Valuation$3.82m
$MOE Volume 24h$2,230
CEX Volume$0
DEX Volume$2,227(99.88% of total)
Protocol Information
Decentralized Trading powered by Mantle
- Merchant Moe DEXDexs
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
Holders Revenue:
DEX Volume: Volume of all spot token swaps on the DEX
User Activity
Active Addresses (24h)83
Transactions (24h)764
Competitors
Merchant Moe history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jan 10, 2024 to Nov 12, 2026.
All-time high TVL: $173.66m on Nov 12, 2024. All-time low TVL: $10.72m on Aug 16, 2026.
Daily TVL, Oct 14, 2026 to Nov 12, 2026
| Date | TVL |
|---|---|
| Oct 14, 2026 | $12.43m |
| Oct 15, 2026 | $12.19m |
| Oct 16, 2026 | $12.27m |
| Oct 17, 2026 | $12.28m |
| Oct 18, 2026 | $12.19m |
| Oct 19, 2026 | $12.21m |
| Oct 20, 2026 | $12.21m |
| Oct 21, 2026 | $12.33m |
| Oct 22, 2026 | $12.48m |
| Oct 23, 2026 | $12.17m |
| Oct 24, 2026 | $12.14m |
| Oct 25, 2026 | $12.02m |
| Oct 26, 2026 | $11.99m |
| Oct 27, 2026 | $11.95m |
| Oct 28, 2026 | $12.02m |
| Oct 29, 2026 | $11.99m |
| Oct 30, 2026 | $11.5m |
| Oct 31, 2026 | $11.61m |
| Nov 1, 2026 | $11.63m |
| Nov 2, 2026 | $11.66m |
| Nov 3, 2026 | $11.6m |
| Nov 4, 2026 | $11.58m |
| Nov 5, 2026 | $11.95m |
| Nov 6, 2026 | $11.31m |
| Nov 7, 2026 | $11.42m |
| Nov 8, 2026 | $11.45m |
| Nov 9, 2026 | $11.2m |
| Nov 10, 2026 | $11.24m |
| Nov 11, 2026 | $10.91m |
| Nov 12, 2026 | $10.95m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $123.24m |
| Jan 31, 2025 | $101.55m |
| Feb 28, 2025 | $68.78m |
| Mar 31, 2025 | $84.36m |
| Apr 30, 2025 | $85.07m |
| May 31, 2025 | $84.95m |
| Jun 30, 2025 | $83.69m |
| Jul 31, 2025 | $93.14m |
| Aug 31, 2025 | $94.03m |
| Sep 30, 2025 | $73.27m |
| Oct 31, 2025 | $66.88m |
| Nov 30, 2025 | $60.97m |
| Dec 31, 2025 | $59.79m |
| Jan 31, 2026 | $57.87m |
| Feb 28, 2026 | $53.65m |
| Mar 31, 2026 | $43.33m |
| Apr 30, 2026 | $37.69m |
| May 31, 2026 | $36.33m |
| Jun 30, 2026 | $19.07m |
| Jul 31, 2026 | $11.35m |
| Aug 31, 2026 | $12.43m |
| Sep 30, 2026 | $13.32m |
| Oct 31, 2026 | $11.61m |
| Nov 12, 2026 (latest) | $10.95m |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $123.24m |
| Dec 31, 2025 | $59.79m |
Fees, revenue and holders revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Dec 2024 | $496,861 | $91,906 | $89,801 |
| Jan 2025 | $481,001 | $85,045 | $82,095 |
| Feb 2025 | $435,404 | $77,818 | $76,541 |
| Mar 2025 | $346,160 | $64,429 | $63,684 |
| Apr 2025 | $189,289 | $35,269 | $34,724 |
| May 2025 | $238,061 | $43,810 | $43,249 |
| Jun 2025 | $185,788 | $42,251 | $41,898 |
| Jul 2025 | $301,059 | $70,675 | $70,230 |
| Aug 2025 | $583,146 | $135,607 | $134,356 |
| Sep 2025 | $591,871 | $144,251 | $142,461 |
| Oct 2025 | $524,091 | $129,849 | $127,498 |
| Nov 2025 | $230,583 | $57,371 | $56,827 |
| Dec 2025 | $170,348 | $42,465 | $42,233 |
| Jan 2026 | $127,812 | $31,862 | $31,681 |
| Feb 2026 | $205,975 | $51,410 | $51,269 |
| Mar 2026 | $48,957 | $12,160 | $12,081 |
| Apr 2026 | $29,220 | $7,220 | $7,176 |
| May 2026 | $28,984 | $7,188 | $7,115 |
| Jun 2026 | $42,755 | $10,664 | $10,614 |
| Jul 2026 | $18,667 | $4,653 | $4,618 |
| Aug 2026 | $26,725 | $6,618 | $6,504 |
| Sep 2026 | $6,605 | $1,591 | $1,490 |
| Oct 2026 | $9,307 | $2,293 | $2,235 |
| Nov 2026 (to date) | $3,140 | $777.64 | $761.71 |
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
Frequently asked questions
What is Merchant Moe's TVL?
As of Nov 12, 2026, Merchant Moe has $10.79m in total value locked. TVL has decreased 12.4% over the past 30 days.
What chains does Merchant Moe operate on?
Merchant Moe operates on Mantle. Mantle holds the largest share at 100%.
How much has Merchant Moe generated in fees and revenue?
Over the past 30 days, Merchant Moe generated $9,614 in fees. Of that, $2,375 was protocol revenue. Based on the trailing year, the annualized rate is $858,972 in fees and $213,894 in revenue.
What is the MOE token price and valuation?
MOE is currently trading at $0.0084. Its circulating market capitalization is $1.61m, ranking it #3,003. Its fully diluted valuation is $3.82m. Supply currently stands at 191.47m circulating, 454.01m total supply, 500m maximum supply.
How has MOE performed recently?
MOE is up 2.6% over the past 7 days and down 3.9% over the past 30 days. Its all-time high is $0.51, reached on Jan 11, 2024. The token is currently 98.3% below that level.
How does Merchant Moe's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Merchant Moe ranks #71 by TVL. The category holds $11.999b across 1,934 protocols, and Merchant Moe accounts for 0.1% of that total. Similar protocols include Uniswap V3, Curve DEX, Agni Finance, DODO AMM, Fluxion Network, WOOFi Swap, iZiSwap, Clipper, FusionX V3, and Swaap Maker V2.
How much trading volume does Merchant Moe process?
Merchant Moe processed $13.84m in DEX volume over the past 30 days.