Ask about MUX Protocol · freeTotal Value Locked$9.37m
TVL by Chain
Arbitrum$8.44m
Avalanche$417,794
BSC$315,715
OP Mainnet$195,988
Fantom$1,133
Key Metrics
Fees 30d$6,793
Fees 30d by chain
Arbitrum$5,163
BSC$1,614
Avalanche$16.26
OP Mainnet$0.37
Fantom$0
Fees 7d$1,349
Arbitrum$727
BSC$621.50
OP Mainnet$0.27
Avalanche$0.07
Fantom$0
Fees 24h$121
Arbitrum$112
BSC$8.91
OP Mainnet$0.27
Avalanche$0
Fantom$0
Cumulative Fees$33.25m
Arbitrum$31.51m
Avalanche$1.16m
OP Mainnet$291,311
BSC$207,463
Fantom$86,998
Revenue 30d$2,041
Revenue 30d by chain
Arbitrum$1,550
BSC$485.89
Avalanche$4.88
OP Mainnet$0.11
Fantom$0
Revenue 7d$406.28
Arbitrum$219.13
BSC$187.05
OP Mainnet$0.08
Avalanche$0.02
Fantom$0
Revenue 24h$36.75
Arbitrum$34
BSC$2.67
OP Mainnet$0.08
Avalanche$0
Fantom$0
Cumulative Revenue$15.63m
Arbitrum$14.8m
Avalanche$534,752
OP Mainnet$122,409
BSC$106,937
Fantom$60,705
Holders Revenue 30d$0
Holders Revenue 30d by chain
Arbitrum$0
Avalanche$0
BSC$0
Fantom$0
OP Mainnet$0
Holders Revenue 7d$0
Arbitrum$0
Avalanche$0
BSC$0
Fantom$0
OP Mainnet$0
Holders Revenue 24h$0
Arbitrum$0
Avalanche$0
BSC$0
Fantom$0
OP Mainnet$0
Cumulative Holders Revenue$5.65m
Arbitrum$5.35m
Avalanche$187,212
BSC$44,729
OP Mainnet$34,994
Fantom$34,616
Perp Volume 30d$9.95m
Perp Volume 30d by chain
Arbitrum$7.22m
BSC$2.7m
Avalanche$27,137
OP Mainnet$451.27
Perp Volume 7d$2.04m
BSC$1.04m
Arbitrum$1m
OP Mainnet$451
Avalanche$119
Perp Volume 24h$167,648
Arbitrum$152,342
BSC$14,855
OP Mainnet$451
Avalanche$0
Cumulative Perp Volume$39.974b
Arbitrum$38.649b
Avalanche$958.06m
OP Mainnet$233.87m
BSC$124.02m
Fantom$8.69m
Perp Aggregator Volume 30d$14.98m
Perp Aggregator Volume 7d$4.36m
Perp Aggregator Volume 24h$253,657
Cumulative Perp Aggregator Volume$19.946b
Open Interest$193,021
Market Cap$9.01m
$MCB Price$2.37
Fully Diluted Valuation$11.38m
$MCB Volume 24h$61,540
CEX Volume$0
DEX Volume$61,535(99.99% of total)
Protocol Information
MUX Protocol Suite contains the MUX Leveraged Trading Protocol and MUX Aggregator. MUX offers optimized trading cost, deep aggregated liquidity, diverse market options and a wide range of leverage options for traders.
- MUX PerpsDerivatives
- MUX Deri AggDerivatives
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Perp Volume: Notional volume of all trades including leverage on the perp exchange
Perp Aggregator Volume: Notional volume of all trades including leverage routed through the perp aggregator
User Activity
Active Addresses (24h)8
New Addresses (24h)0
Transactions (24h)42
Gas Used (24h)0 ETH
Gas Cost (24h)$0.54
Competitors
MUX Protocol history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Nov 6, 2022 to Oct 27, 2026.
All-time high TVL: $90.64m on Mar 12, 2024. All-time low TVL: $4.18m on Nov 8, 2022.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $10.11m |
| Sep 29, 2026 | $9.97m |
| Sep 30, 2026 | $10m |
| Oct 1, 2026 | $9.99m |
| Oct 2, 2026 | $10.07m |
| Oct 3, 2026 | $10.05m |
| Oct 4, 2026 | $10.07m |
| Oct 5, 2026 | $10.24m |
| Oct 6, 2026 | $10.18m |
| Oct 7, 2026 | $10.15m |
| Oct 8, 2026 | $9.89m |
| Oct 9, 2026 | $9.7m |
| Oct 10, 2026 | $9.78m |
| Oct 11, 2026 | $9.83m |
| Oct 12, 2026 | $9.91m |
| Oct 13, 2026 | $9.65m |
| Oct 14, 2026 | $9.86m |
| Oct 15, 2026 | $9.65m |
| Oct 16, 2026 | $9.72m |
| Oct 17, 2026 | $9.65m |
| Oct 18, 2026 | $9.62m |
| Oct 19, 2026 | $9.69m |
| Oct 20, 2026 | $9.65m |
| Oct 21, 2026 | $9.78m |
| Oct 22, 2026 | $9.83m |
| Oct 23, 2026 | $9.59m |
| Oct 24, 2026 | $9.53m |
| Oct 25, 2026 | $9.53m |
| Oct 26, 2026 | $9.46m |
| Oct 27, 2026 | $9.4m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $21.42m |
| Dec 31, 2024 | $19.57m |
| Jan 31, 2025 | $18.94m |
| Feb 28, 2025 | $15.86m |
| Mar 31, 2025 | $14.38m |
| Apr 30, 2025 | $13.69m |
| May 31, 2025 | $13.33m |
| Jun 30, 2025 | $12.24m |
| Jul 31, 2025 | $12.14m |
| Aug 31, 2025 | $10.24m |
| Sep 30, 2025 | $11.69m |
| Oct 31, 2025 | $12.12m |
| Nov 30, 2025 | $11.06m |
| Dec 31, 2025 | $11.78m |
| Jan 31, 2026 | $11.85m |
| Feb 28, 2026 | $9.13m |
| Mar 31, 2026 | $8.88m |
| Apr 30, 2026 | $9.76m |
| May 31, 2026 | $9.46m |
| Jun 30, 2026 | $8.12m |
| Jul 31, 2026 | $8.56m |
| Aug 31, 2026 | $9.95m |
| Sep 30, 2026 | $10m |
| Oct 27, 2026 (latest) | $9.4m |
TVL at each year end, Dec 31, 2022 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2022 | $11.03m |
| Dec 31, 2023 | $63.35m |
| Dec 31, 2024 | $19.57m |
| Dec 31, 2025 | $11.78m |
Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $317,479 | $95,244 | $0 |
| Dec 2024 | $317,141 | $95,144 | $0 |
| Jan 2025 | $246,766 | $74,027 | $0 |
| Feb 2025 | $212,801 | $63,839 | $0 |
| Mar 2025 | $62,399 | $18,722 | $0 |
| Apr 2025 | $203,536 | $61,057 | $0 |
| May 2025 | $76,912 | $23,080 | $0 |
| Jun 2025 | $38,532 | $11,555 | $0 |
| Jul 2025 | $44,256 | $13,281 | $0 |
| Aug 2025 | $59,842 | $17,952 | $0 |
| Sep 2025 | $33,214 | $9,960 | $0 |
| Oct 2025 | $33,359 | $10,005 | $0 |
| Nov 2025 | $42,690 | $12,809 | $0 |
| Dec 2025 | $30,958 | $9,280 | $0 |
| Jan 2026 | $17,331 | $5,195 | $0 |
| Feb 2026 | $5,719 | $1,712 | $0 |
| Mar 2026 | $9,117 | $2,735 | $0 |
| Apr 2026 | $13,203 | $3,959 | $0 |
| May 2026 | $10,598 | $3,180 | $0 |
| Jun 2026 | $8,104 | $2,435 | $0 |
| Jul 2026 | $9,449 | $2,836 | $0 |
| Aug 2026 | $6,482 | $1,942 | $0 |
| Sep 2026 | $7,428 | $2,228 | $0 |
| Oct 2026 (to date) | $6,393 | $1,920 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/mux-protocol
Frequently asked questions
What is MUX Protocol's TVL?
As of Oct 27, 2026, MUX Protocol has $9.37m in total value locked. TVL has decreased 7% over the past 30 days.
What chains does MUX Protocol operate on?
MUX Protocol operates on 5 chains: Arbitrum, Avalanche, BSC, OP Mainnet, and Fantom. Arbitrum holds the largest share at 90.1%.
How much has MUX Protocol generated in fees and revenue?
Over the past 30 days, MUX Protocol generated $6,793 in fees. Of that, $2,041 was protocol revenue. Based on the trailing year, the annualized rate is $172,554 in fees and $51,755 in revenue.
What is the MCB token price and valuation?
MCB is currently trading at $2.37. Its circulating market capitalization is $9.01m, ranking it #1,557. Its fully diluted valuation is $11.38m. Supply currently stands at 3.8m circulating, 4.8m total supply, 4.8m maximum supply.
How has MCB performed recently?
MCB is up 4.1% over the past 7 days and up 10.1% over the past 30 days. Its all-time high is $68.36, reached on Oct 16, 2021. The token is currently 96.5% below that level.
How does MUX Protocol's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, MUX Protocol ranks #21 by TVL. The category holds $1.963b across 425 protocols, and MUX Protocol accounts for 0.5% of that total. Similar protocols include Contango V2, ApeX Pro, Lynx, Jarvis Network, UniDex Perp, RubyDex, Vest Markets, Mummy Finance, Everstrike, and HashDAO Finance.
How much perpetual futures volume does MUX Protocol process?
MUX Protocol processed $9.95m in perpetual futures volume over the past 30 days.