Ask about MuesliSwap · freeTotal Value Locked$120,819
TVL by Chain
Cardano$120,819
Milkomeda C1$0
Key Metrics
DEX Volume 30d$21,367
DEX Volume 30d by chain
Cardano$21,367
DEX Volume 7d$2,060
Cardano$2,060
DEX Volume 24h$476
Cardano$476
Cumulative DEX Volume$505.75m
Cardano$431.77m
Milkomeda C1$73.99m
Market Cap$0
$MILK Price$0.03
Fully Diluted Valuation$297,416
$MILK Volume 24h$0
CEX Volume$0
DEX Volume$0
Protocol Information
A live and operating Orderbook and AMM DEX on Cardano L1 and Milkomeda - based on the simplistic, research-driven order book protocol tailored for Cardano UTXOs.
Sub Category: Order Book
Audits:
Methodology
TVL: The factory addresses are used to find the LP pairs on Smart BCH and Milkomeda. For Cardano TVL is equal to the liquidity on the MuesliSwap AMM poolsView code on GitHubDEX Volume: Spot trading volume on MuesliSwap protocols (order book, AMM, and concentrated liquidity), counted in ADA.View code on GitHubCompetitors
MuesliSwap history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Nov 2, 2021 to Oct 23, 2026.
All-time high TVL: $37.68m on Mar 31, 2022. All-time low TVL: $120,819 on Oct 23, 2026.
Daily TVL, May 29, 2026 to Oct 23, 2026
| Date | TVL |
|---|---|
| May 29, 2026 | $280,947 |
| May 30, 2026 | $278,325 |
| May 31, 2026 | $283,050 |
| Jun 1, 2026 | $282,809 |
| Jun 2, 2026 | $276,459 |
| Jun 3, 2026 | $263,175 |
| Jun 4, 2026 | $249,242 |
| Jun 5, 2026 | $219,950 |
| Jun 6, 2026 | $199,512 |
| Jun 7, 2026 | $197,528 |
| Jun 8, 2026 | $207,258 |
| Jun 9, 2026 | $207,748 |
| Jun 10, 2026 | $205,398 |
| Jun 11, 2026 | $201,964 |
| Oct 8, 2026 | $138,304 |
| Oct 9, 2026 | $129,537 |
| Oct 10, 2026 | $140,006 |
| Oct 11, 2026 | $137,693 |
| Oct 12, 2026 | $138,561 |
| Oct 13, 2026 | $127,687 |
| Oct 14, 2026 | $131,761 |
| Oct 15, 2026 | $128,533 |
| Oct 16, 2026 | $128,200 |
| Oct 17, 2026 | $125,643 |
| Oct 18, 2026 | $123,592 |
| Oct 19, 2026 | $123,755 |
| Oct 20, 2026 | $122,546 |
| Oct 21, 2026 | $125,129 |
| Oct 22, 2026 | $122,893 |
| Oct 23, 2026 | $120,819 |
TVL at each month end, Aug 2024 to Oct 2026
| Date | TVL |
|---|---|
| Aug 31, 2024 | $7.84m |
| Sep 30, 2024 | $8.76m |
| Oct 31, 2024 | $7.64m |
| Nov 30, 2024 | $21.38m |
| Dec 31, 2024 | $16.85m |
| Jan 31, 2025 | $18.46m |
| Feb 28, 2025 | $12.3m |
| Mar 31, 2025 | $12.38m |
| Apr 30, 2025 | $12.86m |
| May 31, 2025 | $12.61m |
| Jun 30, 2025 | $1.08m |
| Jul 31, 2025 | $1.57m |
| Aug 31, 2025 | $1.66m |
| Sep 30, 2025 | $1.3m |
| Oct 31, 2025 | $826,083 |
| Nov 30, 2025 | $425,212 |
| Dec 31, 2025 | $319,239 |
| Jan 31, 2026 | $310,263 |
| Feb 28, 2026 | $244,926 |
| Mar 31, 2026 | $298,808 |
| Apr 30, 2026 | $296,874 |
| May 31, 2026 | $283,050 |
| Jun 11, 2026 | $201,964 |
| Oct 23, 2026 (latest) | $120,819 |
TVL at each year end, Dec 31, 2021 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2021 | $215,515 |
| Dec 31, 2022 | $5.21m |
| Dec 31, 2023 | $20.9m |
| Dec 31, 2024 | $16.85m |
| Dec 31, 2025 | $319,239 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/muesliswap
Frequently asked questions
What is MuesliSwap's TVL?
As of Oct 23, 2026, MuesliSwap has $120,819 in total value locked. TVL has decreased 40.2% over the past 30 days.
What chains does MuesliSwap operate on?
MuesliSwap operates on 2 chains: Cardano and Milkomeda C1. Cardano holds the largest share at 100%.
What is the MILK token price and valuation?
MILK is currently trading at $0.03. Its circulating market capitalization is $0, ranking it #17,838. Its fully diluted valuation is $297,416. Supply currently stands at 0 circulating, 10m total supply, 10m maximum supply.
How has MILK performed recently?
MILK is down 27.3% over the past 7 days and down 38.4% over the past 30 days. Its all-time high is $7.63, reached on Mar 28, 2022. The token is currently 99.6% below that level.
How does MuesliSwap's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, MuesliSwap ranks #542 by TVL. The category holds $14.003b across 1,921 protocols, and MuesliSwap accounts for <0.1% of that total. Similar protocols include Minswap DEX, Dano Finance, Blueshift, SundaeSwap V3, SundaeSwap V4, Splash Protocol, WingRiders, VyFinance Dex, SundaeSwap V2, and CSWAP DEX.
How much trading volume does MuesliSwap process?
MuesliSwap processed $21,367 in DEX volume over the past 30 days.