Total Value Locked$30.37m
TVL by Chain
Near$30.37m
Key Metrics
Fees 30d$1.16m
Fees 30d by chain
Near$1.16m
Fees 7d$130,978
Near$130,978
Fees 24h$11,099
Near$11,099
Cumulative Fees$5.51m
Near$5.51m
Revenue 30d$232,586
Revenue 30d by chain
Near$232,586
Revenue 7d$26,196
Near$26,196
Revenue 24h$2,220
Near$2,220
Cumulative Revenue$1.1m
Near$1.1m
DEX Volume 30d$512.16m
DEX Volume 30d by chain
Near$512.16m
DEX Volume 7d$70.53m
Near$70.53m
DEX Volume 24h$7.44m
Near$7.44m
Cumulative DEX Volume$23.882b
Near$23.882b
Total Raised$4.8m
Feb 19, 2022$4.8mRound: StrategicInvestors: Jump Crypto, Alameda Research, Dragonfly Capital
Protocol Information
Rhea Finance merges Ref Finance and Burrow Finance to create NEAR’s most powerful DeFi hub, connecting Bitcoin, NEAR, and EVM ecosystems. By consolidating liquidity, lending, and trading under one entity, Rhea Finance unlocks a seamless DeFi experience for institutional and retail users alike.
Sub Category: AMM
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Total swap fees paid by traders — each pool's fee rate applied to its swap volume.View code on GitHubRevenue: The 20% share of swap fees the protocol keeps and sends to the Ref DAO treasury.View code on GitHubDEX Volume: Sum of 24h swap volume across all Ref/Rhea pools on NEAR (classic, stable, rated and concentrated-liquidity), skipping any pool whose 24h volume exceeds 15x its liquidity as likely wash trading.View code on GitHubYields
Pools Tracked2
Average Supply APY4.9%
Competitors
Rhea Dex history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Aug 20, 2021 to Oct 23, 2026.
All-time high TVL: $277.38m on Apr 29, 2022. All-time low TVL: $2,313 on Aug 21, 2021.
Daily TVL, Sep 24, 2026 to Oct 23, 2026
| Date | TVL |
|---|---|
| Sep 24, 2026 | $27.25m |
| Sep 25, 2026 | $28.72m |
| Sep 26, 2026 | $29.88m |
| Sep 27, 2026 | $29.92m |
| Sep 28, 2026 | $31.08m |
| Sep 29, 2026 | $27.95m |
| Sep 30, 2026 | $28.08m |
| Oct 1, 2026 | $29.93m |
| Oct 2, 2026 | $27.91m |
| Oct 3, 2026 | $27.2m |
| Oct 4, 2026 | $27.77m |
| Oct 5, 2026 | $28.01m |
| Oct 6, 2026 | $29.51m |
| Oct 7, 2026 | $31.91m |
| Oct 8, 2026 | $36.6m |
| Oct 9, 2026 | $36.74m |
| Oct 10, 2026 | $32.32m |
| Oct 11, 2026 | $35.22m |
| Oct 12, 2026 | $38.9m |
| Oct 13, 2026 | $35.46m |
| Oct 14, 2026 | $34.74m |
| Oct 15, 2026 | $32.48m |
| Oct 16, 2026 | $33.66m |
| Oct 17, 2026 | $33.37m |
| Oct 18, 2026 | $32.04m |
| Oct 19, 2026 | $31.64m |
| Oct 20, 2026 | $30.36m |
| Oct 21, 2026 | $30.33m |
| Oct 22, 2026 | $32.18m |
| Oct 23, 2026 | $30.42m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $74.49m |
| Dec 31, 2024 | $60.07m |
| Jan 31, 2025 | $56.53m |
| Feb 28, 2025 | $43.26m |
| Mar 31, 2025 | $37.46m |
| Apr 30, 2025 | $39.84m |
| May 31, 2025 | $38.98m |
| Jun 30, 2025 | $35.47m |
| Jul 31, 2025 | $37.42m |
| Aug 31, 2025 | $34.95m |
| Sep 30, 2025 | $40.14m |
| Oct 31, 2025 | $39.63m |
| Nov 30, 2025 | $35.55m |
| Dec 31, 2025 | $31.12m |
| Jan 31, 2026 | $26.41m |
| Feb 28, 2026 | $20.94m |
| Mar 31, 2026 | $20.55m |
| Apr 30, 2026 | $22.8m |
| May 31, 2026 | $30.51m |
| Jun 30, 2026 | $25.12m |
| Jul 31, 2026 | $24.16m |
| Aug 31, 2026 | $27.92m |
| Sep 30, 2026 | $28.08m |
| Oct 23, 2026 (latest) | $30.42m |
TVL at each year end, Dec 31, 2021 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2021 | $88.65m |
| Dec 31, 2022 | $53.85m |
| Dec 31, 2023 | $24.83m |
| Dec 31, 2024 | $60.07m |
| Dec 31, 2025 | $31.12m |
Fees and revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Nov 2024 | $419,210 | $83,842 |
| Dec 2024 | $414,434 | $82,886 |
| Jan 2025 | $218,206 | $43,641 |
| Feb 2025 | $251,059 | $50,212 |
| Mar 2025 | $203,352 | $40,669 |
| Apr 2025 | $99,921 | $19,985 |
| May 2025 | $105,490 | $21,098 |
| Jun 2025 | $100,057 | $20,013 |
| Jul 2025 | $115,073 | $23,014 |
| Aug 2025 | $211,116 | $42,223 |
| Sep 2025 | $162,025 | $32,403 |
| Oct 2025 | $236,871 | $47,377 |
| Nov 2025 | $308,373 | $61,672 |
| Dec 2025 | $94,926 | $18,983 |
| Jan 2026 | $84,039 | $16,809 |
| Feb 2026 | $79,596 | $15,917 |
| Mar 2026 | $77,172 | $15,436 |
| Apr 2026 | $39,381 | $7,879 |
| May 2026 | $132,553 | $26,510 |
| Jun 2026 | $186,444 | $37,288 |
| Jul 2026 | $54,639 | $10,929 |
| Aug 2026 | $92,942 | $18,586 |
| Sep 2026 | $747,239 | $149,446 |
| Oct 2026 (to date) | $781,979 | $156,397 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/rhea-dex
Frequently asked questions
What is Rhea Dex's TVL?
As of Oct 23, 2026, Rhea Dex has $30.37m in total value locked. TVL has increased 10.1% over the past 30 days.
What chains does Rhea Dex operate on?
Rhea Dex operates on Near. Near holds the largest share at 100%.
How much has Rhea Dex generated in fees and revenue?
Over the past 30 days, Rhea Dex generated $1.16m in fees. Of that, $232,586 was protocol revenue. Based on the trailing year, the annualized rate is $2.7m in fees and $540,937 in revenue.
How does Rhea Dex's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Rhea Dex ranks #38 by TVL. The category holds $14.027b across 1,921 protocols, and Rhea Dex accounts for 0.2% of that total. Similar protocols include Jumbo Exchange, DeltaTrade, Veax CLMM, Spin Spot, Tonic, Uniswap V3, PancakeSwap AMM, Uniswap V4, Curve DEX, and Raydium AMM.
How much trading volume does Rhea Dex process?
Rhea Dex processed $512.16m in DEX volume over the past 30 days.

