Total Value Locked$28.94m
TVL by Chain
Hyperliquid L1$28.94m
Key Metrics
Fees 30d$580,139
Fees 30d by chain
Hyperliquid L1$580,139
Fees 7d$133,731
Hyperliquid L1$133,731
Fees 24h$17,632
Hyperliquid L1$17,632
Cumulative Fees$3.86m
Hyperliquid L1$3.86m
Revenue 30d$580,139
Revenue 30d by chain
Hyperliquid L1$580,139
Revenue 7d$133,731
Hyperliquid L1$133,731
Revenue 24h$17,632
Hyperliquid L1$17,632
Cumulative Revenue$3.86m
Hyperliquid L1$3.86m
Holders Revenue 30d$580,139
Holders Revenue 30d by chain
Hyperliquid L1$580,139
Holders Revenue 7d$133,731
Hyperliquid L1$133,731
Holders Revenue 24h$17,632
Hyperliquid L1$17,632
Cumulative Holders Revenue$3.86m
Hyperliquid L1$3.86m
DEX Volume 30d$399.73m
DEX Volume 30d by chain
Hyperliquid L1$399.73m
DEX Volume 7d$101.65m
Hyperliquid L1$101.65m
DEX Volume 24h$12.24m
Hyperliquid L1$12.24m
Cumulative DEX Volume$3.694b
Hyperliquid L1$3.694b
Protocol Information
NEST is built for Hyperliquid. Smart pools and efficient swaps power onchain rewards that compound value back to voters and the ecosystem.
Sub Category: ve(3,3)
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Platform fees are collected from all pools via the Blaze API aggregated-fees-sum endpoint.View code on GitHubRevenue: All swap fees accrue to the protocol (no LP share).View code on GitHubHolders Revenue: Part of swap fees go to veNest lockers (based on the gauge rate - currently 100 % of the swap fees).View code on GitHubDEX Volume: Volume is collected from all pools via the Blaze API aggregated-volume-sum endpoint.View code on GitHubYields
Pools Tracked41
Average Supply APY39.96%
User Activity
New Addresses (24h)16
Competitors
nest CL history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Nov 15, 2025 to Oct 28, 2026.
All-time high TVL: $29.04m on Oct 28, 2026. All-time low TVL: $70 on Nov 15, 2025.
Daily TVL, Sep 29, 2026 to Oct 28, 2026
| Date | TVL |
|---|---|
| Sep 29, 2026 | $23.34m |
| Sep 30, 2026 | $23.52m |
| Oct 1, 2026 | $24.02m |
| Oct 2, 2026 | $25.17m |
| Oct 3, 2026 | $25.57m |
| Oct 4, 2026 | $26.03m |
| Oct 5, 2026 | $25.87m |
| Oct 6, 2026 | $26.26m |
| Oct 7, 2026 | $25.92m |
| Oct 8, 2026 | $23.95m |
| Oct 9, 2026 | $24.33m |
| Oct 10, 2026 | $24.74m |
| Oct 11, 2026 | $25.46m |
| Oct 12, 2026 | $25.63m |
| Oct 13, 2026 | $24.68m |
| Oct 14, 2026 | $26.6m |
| Oct 15, 2026 | $25.52m |
| Oct 16, 2026 | $26.49m |
| Oct 17, 2026 | $27.29m |
| Oct 18, 2026 | $26.94m |
| Oct 19, 2026 | $26.49m |
| Oct 20, 2026 | $27.11m |
| Oct 21, 2026 | $27.83m |
| Oct 22, 2026 | $27.96m |
| Oct 23, 2026 | $28.43m |
| Oct 24, 2026 | $27.7m |
| Oct 25, 2026 | $27.99m |
| Oct 26, 2026 | $28.16m |
| Oct 27, 2026 | $28.14m |
| Oct 28, 2026 | $29.04m |
TVL at each month end, Nov 2025 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2025 | $10.84m |
| Dec 31, 2025 | $3.61m |
| Jan 31, 2026 | $4.69m |
| Feb 28, 2026 | $3.4m |
| Mar 31, 2026 | $3.91m |
| Apr 30, 2026 | $7.05m |
| May 31, 2026 | $15.01m |
| Jun 30, 2026 | $21.08m |
| Jul 31, 2026 | $12.57m |
| Aug 31, 2026 | $17.58m |
| Sep 30, 2026 | $23.52m |
| Oct 28, 2026 (latest) | $29.04m |
Fees, revenue and holders revenue by UTC calendar month, Nov 2025 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2025 | $43,809 | $43,809 | $43,809 |
| Dec 2025 | $121,658 | $121,658 | $121,658 |
| Jan 2026 | $68,068 | $68,068 | $68,068 |
| Feb 2026 | $48,763 | $48,763 | $48,763 |
| Mar 2026 | $40,197 | $40,197 | $40,197 |
| Apr 2026 | $76,545 | $76,545 | $76,545 |
| May 2026 | $483,031 | $483,031 | $483,031 |
| Jun 2026 | $1.12m | $1.12m | $1.12m |
| Jul 2026 | $316,041 | $316,041 | $316,041 |
| Aug 2026 | $446,059 | $446,059 | $446,059 |
| Sep 2026 | $595,161 | $595,161 | $595,161 |
| Oct 2026 (to date) | $502,140 | $502,140 | $502,140 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/nest-cl
Frequently asked questions
What is nest CL's TVL?
As of Oct 28, 2026, nest CL has $28.94m in total value locked. TVL has increased 12.4% over the past 30 days.
What chains does nest CL operate on?
nest CL operates on Hyperliquid L1. Hyperliquid L1 holds the largest share at 100%.
How much has nest CL generated in fees and revenue?
Over the past 30 days, nest CL generated $580,139 in fees. Of that, $580,139 was protocol revenue. Based on the trailing year, the annualized rate is $4.02m in fees and $4.07m in revenue.
How does nest CL's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, nest CL ranks #40 by TVL. The category holds $13.564b across 1,923 protocols, and nest CL accounts for 0.2% of that total. Similar protocols include Curve DEX, Hyperliquid Spot Orderbook, Project X, Metric V1, Balancer V3, Ramses CL V2, HyperSwap V3, HyperSwap V2, Valantis STEX, and WOOFi Swap.
How much trading volume does nest CL process?
nest CL processed $399.73m in DEX volume over the past 30 days.

