Ask about MUX Protocol · freeTotal Value Locked$9.2m
TVL by Chain
Arbitrum$8.28m
Avalanche$414,775
BSC$311,451
OP Mainnet$195,896
Fantom$897
Key Metrics
Fees 30d$7,264
Fees 30d by chain
Arbitrum$5,132
BSC$2,119
Avalanche$12.44
OP Mainnet$1.15
Fantom$0
Fees 7d$1,207
Arbitrum$690.22
BSC$514.31
Avalanche$2.17
OP Mainnet$1.15
Fantom$0
Fees 24h$69.74
BSC$60
Arbitrum$9.15
Avalanche$0.59
Fantom$0
OP Mainnet$0
Cumulative Fees$33.25m
Arbitrum$31.51m
Avalanche$1.16m
OP Mainnet$291,312
BSC$207,968
Fantom$86,998
Revenue 30d$2,180
Revenue 30d by chain
Arbitrum$1,540
BSC$636.37
Avalanche$3.74
OP Mainnet$0.35
Fantom$0
Revenue 7d$361.46
Arbitrum$207.57
BSC$153.19
Avalanche$0.66
OP Mainnet$0.35
Fantom$0
Revenue 24h$20.93
BSC$18
Arbitrum$2.75
Avalanche$0.18
Fantom$0
OP Mainnet$0
Cumulative Revenue$15.63m
Arbitrum$14.8m
Avalanche$534,753
OP Mainnet$122,409
BSC$107,088
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$10.79m
Perp Volume 30d by chain
Arbitrum$7.22m
BSC$3.55m
Avalanche$20,764
OP Mainnet$1,923
Perp Volume 7d$1.87m
Arbitrum$1.01m
BSC$861,277
Avalanche$3,621
OP Mainnet$1,923
Perp Volume 24h$115,457
BSC$99,325
Arbitrum$15,146
Avalanche$986
OP Mainnet$0
Cumulative Perp Volume$39.976b
Arbitrum$38.65b
Avalanche$958.06m
OP Mainnet$233.87m
BSC$124.86m
Fantom$8.69m
Perp Aggregator Volume 30d$17.44m
Perp Aggregator Volume 7d$3.78m
Perp Aggregator Volume 24h$171,760
Cumulative Perp Aggregator Volume$19.949b
Open Interest$188,804
Market Cap$8.53m
$MCB Price$2.24
Fully Diluted Valuation$10.78m
$MCB Volume 24h$81.20
CEX Volume$0
DEX Volume$58.87(72.5% 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 AggPerps Aggregator
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)15
New Addresses (24h)0
Transactions (24h)50
Gas Used (24h)0.02 ETH
Gas Cost (24h)$0.79
MUX Protocol history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Nov 6, 2022 to Nov 2, 2026.
All-time high TVL: $90.64m on Mar 12, 2024. All-time low TVL: $4.18m on Nov 8, 2022.
Daily TVL, Oct 4, 2026 to Nov 2, 2026
| Date | TVL |
|---|---|
| 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 |
| Oct 28, 2026 | $9.47m |
| Oct 29, 2026 | $9.51m |
| Oct 30, 2026 | $9.1m |
| Oct 31, 2026 | $9.15m |
| Nov 1, 2026 | $9.16m |
| Nov 2, 2026 | $9.21m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| 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 31, 2026 | $9.15m |
| Nov 2, 2026 (latest) | $9.21m |
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, Dec 2024 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| 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 | $7,410 | $2,224 | $0 |
| Nov 2026 (to date) | $69.74 | $20.93 | $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 Nov 2, 2026, MUX Protocol has $9.2m in total value locked. TVL has decreased 8.4% 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%.
How much has MUX Protocol generated in fees and revenue?
Over the past 30 days, MUX Protocol generated $7,264 in fees. Of that, $2,180 was protocol revenue. Based on the trailing year, the annualized rate is $167,836 in fees and $50,338 in revenue.
What is the MCB token price and valuation?
MCB is currently trading at $2.23. Its circulating market capitalization is $8.5m, ranking it #1,678. Its fully diluted valuation is $10.73m. Supply currently stands at 3.8m circulating, 4.8m total supply, 4.8m maximum supply.
How has MCB performed recently?
MCB is down 5.6% over the past 7 days and down 8.2% over the past 30 days. Its all-time high is $68.36, reached on Oct 16, 2021. The token is currently 96.7% below that level.
Which protocols are included in MUX Protocol?
MUX Protocol is a parent protocol whose tracked products include MUX Perps and MUX Deri Agg.
How much perpetual futures volume does MUX Protocol process?
MUX Protocol processed $10.79m in perpetual futures volume over the past 30 days.