Total Value Locked$105,768
TVL by Chain
Polygon$105,768
Key Metrics
Fees 30d$12.18
Fees 30d by chain
Polygon$12.18
Fees 7d$1.39
Polygon$1.39
Fees 24h$0.51
Polygon$0.51
Cumulative Fees$78,656
Polygon$78,656
Cumulative Revenue$58,237
Cumulative Revenue by chain
Polygon$58,237
Cumulative Holders Revenue$58,237
Cumulative Holders Revenue by chain
Polygon$58,237
DEX Volume 30d$30,848
DEX Volume 30d by chain
Polygon$30,848
DEX Volume 7d$2,921
Polygon$2,921
DEX Volume 24h$2,362
Polygon$2,362
Cumulative DEX Volume$90.35m
Polygon$90.35m
Protocol Information
The premiere ve(3,3) exchange for concentrated liquidity on tokenized RWAs and premium digital assets.
Sub Category: ve(3,3)
Audits:No
Methodology
TVL: Value of the tokens locked in the liquidity pools.View code on GitHubFees: Swap fees paid by usersView code on GitHubRevenue: Percentage of swap fees going to treasury and/or token holdersView code on GitHubHolders Revenue: Money going to governance token holdersView code on GitHubDEX Volume: Volume of all spot token swaps on the DEXView code on GitHubCompetitors
Pearl V1 history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jun 17, 2023 to Oct 25, 2026.
All-time high TVL: $82.57m on Oct 7, 2023. All-time low TVL: $42 on Dec 30, 2023.
Daily TVL, Sep 26, 2026 to Oct 25, 2026
| Date | TVL |
|---|---|
| Sep 26, 2026 | $101,011 |
| Sep 27, 2026 | $100,788 |
| Sep 28, 2026 | $101,827 |
| Sep 29, 2026 | $101,464 |
| Sep 30, 2026 | $101,686 |
| Oct 1, 2026 | $97,727 |
| Oct 2, 2026 | $97,394 |
| Oct 3, 2026 | $97,785 |
| Oct 4, 2026 | $96,114 |
| Oct 5, 2026 | $96,027 |
| Oct 6, 2026 | $96,512 |
| Oct 7, 2026 | $95,691 |
| Oct 8, 2026 | $97,939 |
| Oct 9, 2026 | $98,398 |
| Oct 10, 2026 | $96,973 |
| Oct 11, 2026 | $97,546 |
| Oct 12, 2026 | $97,706 |
| Oct 13, 2026 | $97,596 |
| Oct 14, 2026 | $100,626 |
| Oct 15, 2026 | $100,997 |
| Oct 16, 2026 | $100,163 |
| Oct 17, 2026 | $105,241 |
| Oct 18, 2026 | $103,788 |
| Oct 19, 2026 | $103,941 |
| Oct 20, 2026 | $103,578 |
| Oct 21, 2026 | $104,316 |
| Oct 22, 2026 | $104,802 |
| Oct 23, 2026 | $106,103 |
| Oct 24, 2026 | $106,464 |
| Oct 25, 2026 | $105,078 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $84,142 |
| Dec 31, 2024 | $83,153 |
| Jan 31, 2025 | $90,390 |
| Feb 28, 2025 | $68,262 |
| Mar 31, 2025 | $70,904 |
| Apr 30, 2025 | $87,820 |
| May 31, 2025 | $54,770 |
| Jun 30, 2025 | $52,190 |
| Jul 31, 2025 | $48,985 |
| Aug 31, 2025 | $40,901 |
| Sep 30, 2025 | $39,906 |
| Oct 31, 2025 | $42,467 |
| Nov 30, 2025 | $37,465 |
| Dec 31, 2025 | $29,198 |
| Jan 31, 2026 | $44,313 |
| Feb 28, 2026 | $61,489 |
| Mar 31, 2026 | $71,761 |
| Apr 30, 2026 | $77,107 |
| May 31, 2026 | $71,274 |
| Jun 30, 2026 | $109,467 |
| Jul 31, 2026 | $104,938 |
| Aug 31, 2026 | $102,660 |
| Sep 30, 2026 | $101,686 |
| Oct 25, 2026 (latest) | $105,078 |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $42 |
| Dec 31, 2024 | $83,153 |
| Dec 31, 2025 | $29,198 |
Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $115 | - | - |
| Dec 2024 | $86 | - | - |
| Jan 2025 | $33 | - | - |
| Feb 2025 | $34 | - | - |
| Mar 2025 | $44 | - | - |
| Apr 2025 | $32 | - | - |
| May 2025 | $27 | - | - |
| Jun 2025 | $15 | - | - |
| Jul 2025 | $12 | - | - |
| Aug 2025 | $10 | - | - |
| Sep 2025 | $15 | - | - |
| Oct 2025 | $3 | - | - |
| Nov 2025 | $7 | - | - |
| Dec 2025 | $3 | - | - |
| Jan 2026 | $34 | - | - |
| Feb 2026 | $4 | - | - |
| Mar 2026 | $0 | - | - |
| Apr 2026 | $1 | - | - |
| May 2026 | $8.55 | - | - |
| Jun 2026 | $40.25 | - | - |
| Jul 2026 | $7.65 | - | - |
| Aug 2026 | $11 | - | - |
| Sep 2026 | $12.58 | - | - |
| Oct 2026 (to date) | $7.83 | - | - |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/pearl-v1
Frequently asked questions
What is Pearl V1's TVL?
As of Oct 25, 2026, Pearl V1 has $105,768 in total value locked. TVL has increased 5.8% over the past 30 days.
What chains does Pearl V1 operate on?
Pearl V1 operates on Polygon. Polygon holds the largest share at 100%.
How much has Pearl V1 generated in fees?
Over the past 30 days, Pearl V1 generated $12.18 in fees. Based on the trailing year, the annualized rate is $136.35 in fees and $45,910 in revenue.
How does Pearl V1's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Pearl V1 ranks #568 by TVL. The category holds $13.858b across 1,922 protocols, and Pearl V1 accounts for <0.1% of that total. Similar protocols include Uniswap V3, Uniswap V4, Curve DEX, Uniswap V2, Fluid DEX, Quickswap Dex, SushiSwap V3, SushiSwap, Metric V1, and Balancer V2.
How much trading volume does Pearl V1 process?
Pearl V1 processed $30,848 in DEX volume over the past 30 days.