Total Value Locked$1.05m
TVL by Chain
Solana$1.05m
Key Metrics
Fees 30d$133.05
Fees 30d by chain
Solana$133.05
Fees 7d$79.64
Solana$79.64
Fees 24h$1.57
Solana$1.57
Cumulative Fees$14.55m
Solana$14.55m
Revenue 30d$133.05
Revenue 30d by chain
Solana$133.05
Revenue 7d$79.64
Solana$79.64
Revenue 24h$1.57
Solana$1.57
Cumulative Revenue$14.55m
Solana$14.55m
DEX Volume 30d$1.3m
DEX Volume 30d by chain
Solana$1.3m
DEX Volume 7d$747,159
Solana$747,159
DEX Volume 24h$9,565
Solana$9,565
Cumulative DEX Volume$75.16b
Solana$75.16b
Total Raised$44.3m
Aug 17, 2023$3.3mRound: SeedInvestors: Electric Capital, Robot Ventures, Anatoly Yakovenko, Anagram, Keone
Apr 4, 2024$20mRound: Series AInvestors: Paradigm, Electric Capital, Anatoly Yakovenko, Justin Drake, Mike Neuder, Sreeram Kannan, Ansem, 0xMert, Uri Klarman, Cobie, Doug Colkitt
Oct 31, 2024$21mRound: Investors: Haun Ventures
Protocol Information
Phoenix is a decentralized limit order book on Solana that is fully on-chain, non-custodial, and crankless.
Sub Category: Order Book
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Trading fees collected by Phoenix from user transactions on Solana.View code on GitHubRevenue: All collected trading fees are considered protocol revenue.View code on GitHubDEX Volume: Trading volume from Phoenix orderbook fills on Solana, sourced from Allium's solana.dex.trades.View code on GitHubCompetitors
Phoenix Spot history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jun 28, 2023 to Oct 26, 2026.
All-time high TVL: $19.7m on Jun 6, 2024. All-time low TVL: $70,008 on Aug 16, 2023.
Daily TVL, Sep 27, 2026 to Oct 26, 2026
| Date | TVL |
|---|---|
| Sep 27, 2026 | $1.12m |
| Sep 28, 2026 | $1.09m |
| Sep 29, 2026 | $1.07m |
| Sep 30, 2026 | $1.07m |
| Oct 1, 2026 | $1.07m |
| Oct 2, 2026 | $1.07m |
| Oct 3, 2026 | $1.07m |
| Oct 4, 2026 | $1.08m |
| Oct 5, 2026 | $1.09m |
| Oct 6, 2026 | $1.08m |
| Oct 7, 2026 | $1.08m |
| Oct 8, 2026 | $1.06m |
| Oct 9, 2026 | $1.03m |
| Oct 10, 2026 | $1.03m |
| Oct 11, 2026 | $1.04m |
| Oct 12, 2026 | $1.04m |
| Oct 13, 2026 | $1.06m |
| Oct 14, 2026 | $1.08m |
| Oct 15, 2026 | $1.07m |
| Oct 16, 2026 | $1.02m |
| Oct 17, 2026 | $1.04m |
| Oct 18, 2026 | $1.01m |
| Oct 19, 2026 | $1.07m |
| Oct 20, 2026 | $1.12m |
| Oct 21, 2026 | $1.12m |
| Oct 22, 2026 | $1.11m |
| Oct 23, 2026 | $1.1m |
| Oct 24, 2026 | $1m |
| Oct 25, 2026 | $1m |
| Oct 26, 2026 | $1.05m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $15.16m |
| Dec 31, 2024 | $13.32m |
| Jan 31, 2025 | $12.85m |
| Feb 28, 2025 | $8.01m |
| Mar 31, 2025 | $8.83m |
| Apr 30, 2025 | $9.35m |
| May 31, 2025 | $8m |
| Jun 30, 2025 | $9.13m |
| Jul 31, 2025 | $8.81m |
| Aug 31, 2025 | $8.37m |
| Sep 30, 2025 | $7.17m |
| Oct 31, 2025 | $5.33m |
| Nov 30, 2025 | $4.68m |
| Dec 31, 2025 | $3.21m |
| Jan 31, 2026 | $2.74m |
| Feb 28, 2026 | $2.31m |
| Mar 31, 2026 | $2.18m |
| Apr 30, 2026 | $1.91m |
| May 31, 2026 | $1.16m |
| Jun 30, 2026 | $1.05m |
| Jul 31, 2026 | $923,484 |
| Aug 31, 2026 | $1.05m |
| Sep 30, 2026 | $1.07m |
| Oct 26, 2026 (latest) | $1.05m |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $3.29m |
| Dec 31, 2024 | $13.32m |
| Dec 31, 2025 | $3.21m |
Fees and revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Nov 2024 | $1.13m | $1.13m |
| Dec 2024 | $890,361 | $890,361 |
| Jan 2025 | $599,966 | $599,966 |
| Feb 2025 | $335,276 | $335,276 |
| Mar 2025 | $183,127 | $183,127 |
| Apr 2025 | $182,025 | $182,025 |
| May 2025 | $150,087 | $150,087 |
| Jun 2025 | $85,641 | $85,641 |
| Jul 2025 | $109,023 | $109,023 |
| Aug 2025 | $57,880 | $57,880 |
| Sep 2025 | $58,735 | $58,735 |
| Oct 2025 | $58,734 | $58,734 |
| Nov 2025 | $53,255 | $53,255 |
| Dec 2025 | $33,150 | $33,150 |
| Jan 2026 | $33,129 | $33,129 |
| Feb 2026 | $24,130 | $24,130 |
| Mar 2026 | $11,345 | $11,345 |
| Apr 2026 | $7,931 | $7,931 |
| May 2026 | $5,079 | $5,079 |
| Jun 2026 | $1,952 | $1,952 |
| Jul 2026 | $988.82 | $988.82 |
| Aug 2026 | $251.01 | $251.01 |
| Sep 2026 | $49.59 | $49.59 |
| Oct 2026 (to date) | $116.01 | $116.01 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/phoenix-spot
Frequently asked questions
What is Phoenix Spot's TVL?
As of Oct 26, 2026, Phoenix Spot has $1.05m in total value locked. TVL has decreased 7.5% over the past 30 days.
What chains does Phoenix Spot operate on?
Phoenix Spot operates on Solana. Solana holds the largest share at 100%.
How much has Phoenix Spot generated in fees and revenue?
Over the past 30 days, Phoenix Spot generated $133.05 in fees. Of that, $133.05 was protocol revenue. Based on the trailing year, the annualized rate is $181,730 in fees and $181,730 in revenue.
How does Phoenix Spot's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Phoenix Spot ranks #231 by TVL. The category holds $13.47b across 1,922 protocols, and Phoenix Spot accounts for <0.1% of that total. Similar protocols include Raydium AMM, PancakeSwap AMM V3, PumpSwap, Orca DEX, Sanctum Infinity, Meteora DLMM, THORChain DEX, Meteora DAMM V1, Meteora DAMM V2, and BisonFi.
How much trading volume does Phoenix Spot process?
Phoenix Spot processed $1.3m in DEX volume over the past 30 days.