Total Value Locked$1.68m
TVL by Chain
Sonic$1.68m
Key Metrics
Fees 30d$64,728
Fees 30d by chain
Sonic$64,728
Fees 7d$10,955
Sonic$10,955
Fees 24h$932
Sonic$932
Cumulative Fees$35.27m
Sonic$35.27m
Revenue 30d$58,736
Revenue 30d by chain
Sonic$58,736
Revenue 7d$10,217
Sonic$10,217
Revenue 24h$894
Sonic$894
Cumulative Revenue$28.01m
Sonic$28.01m
Holders Revenue 30d$58,584
Holders Revenue 30d by chain
Sonic$58,584
Holders Revenue 7d$10,197
Sonic$10,197
Holders Revenue 24h$893
Sonic$893
Cumulative Holders Revenue$27.62m
Sonic$27.62m
DEX Volume 30d$29.14m
DEX Volume 30d by chain
Sonic$29.14m
DEX Volume 7d$6.14m
Sonic$6.14m
DEX Volume 24h$611,297
Sonic$611,297
Cumulative DEX Volume$12.805b
Sonic$12.805b
Protocol Information
Sonic-native concentrated liquidity layer and exchange.
Sub Category: CLMM
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Swap fees paid by traders on Shadow concentrated liquidity pools, plus the penalty paid by users who exit xSHADOW early.View code on GitHubRevenue: The share of swap fees taken from liquidity providers, plus early exit penalties. Each pool sets its own share: pools with a gauge send it to xSHADOW holders who voted for them, pools without a gauge send it to the treasury.View code on GitHubHolders Revenue: The share of swap fees sent to xSHADOW holders by pools that have a gauge, plus the penalty paid by users who exit xSHADOW early, which is streamed to the remaining holders.View code on GitHubDEX Volume: Volume of all spot token swaps on the DEXView code on GitHubYields
Pools Tracked23
Average Supply APY66.18%
Competitors
Shadow Exchange CLMM history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Dec 30, 2024 to Oct 26, 2026.
All-time high TVL: $132.6m on Feb 25, 2025. All-time low TVL: $655,265 on Dec 30, 2024.
Daily TVL, Sep 27, 2026 to Oct 26, 2026
| Date | TVL |
|---|---|
| Sep 27, 2026 | $1.71m |
| Sep 28, 2026 | $1.73m |
| Sep 29, 2026 | $1.67m |
| Sep 30, 2026 | $1.69m |
| Oct 1, 2026 | $1.71m |
| Oct 2, 2026 | $1.71m |
| Oct 3, 2026 | $1.7m |
| Oct 4, 2026 | $1.71m |
| Oct 5, 2026 | $1.75m |
| Oct 6, 2026 | $1.73m |
| Oct 7, 2026 | $1.74m |
| Oct 8, 2026 | $1.69m |
| Oct 9, 2026 | $1.67m |
| Oct 10, 2026 | $1.71m |
| Oct 11, 2026 | $1.72m |
| Oct 12, 2026 | $1.71m |
| Oct 13, 2026 | $1.8m |
| Oct 14, 2026 | $1.79m |
| Oct 15, 2026 | $1.75m |
| Oct 16, 2026 | $1.76m |
| Oct 17, 2026 | $1.25m |
| Oct 18, 2026 | $1.8m |
| Oct 19, 2026 | $1.78m |
| Oct 20, 2026 | $1.81m |
| Oct 21, 2026 | $1.79m |
| Oct 22, 2026 | $1.8m |
| Oct 23, 2026 | $1.76m |
| Oct 24, 2026 | $1.76m |
| Oct 25, 2026 | $1.71m |
| Oct 26, 2026 | $1.7m |
TVL at each month end, Dec 2024 to Oct 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $786,607 |
| Jan 31, 2025 | $8.38m |
| Feb 28, 2025 | $100.17m |
| Mar 31, 2025 | $48.72m |
| Apr 30, 2025 | $33.45m |
| May 31, 2025 | $31.46m |
| Jun 30, 2025 | $26.2m |
| Jul 31, 2025 | $22.88m |
| Aug 31, 2025 | $20.25m |
| Sep 30, 2025 | $14.09m |
| Oct 31, 2025 | $9.67m |
| Nov 30, 2025 | $3.87m |
| Dec 31, 2025 | $3.22m |
| Jan 31, 2026 | $2.48m |
| Feb 28, 2026 | $2.21m |
| Mar 31, 2026 | $1.77m |
| Apr 30, 2026 | $1.87m |
| May 31, 2026 | $1.91m |
| Jun 30, 2026 | $1.43m |
| Jul 31, 2026 | $1.48m |
| Aug 31, 2026 | $1.47m |
| Sep 30, 2026 | $1.69m |
| Oct 26, 2026 (latest) | $1.7m |
Fees, revenue and holders revenue by UTC calendar month, Dec 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Dec 2024 | $8,205 | $409.43 | $0 |
| Jan 2025 | $473,714 | $23,685 | $0 |
| Feb 2025 | $6.72m | $1.38m | $1.1m |
| Mar 2025 | $7.96m | $7.3m | $7.26m |
| Apr 2025 | $4.39m | $4.27m | $4.26m |
| May 2025 | $5.25m | $5.07m | $5.06m |
| Jun 2025 | $2.44m | $2.27m | $2.27m |
| Jul 2025 | $2.22m | $2.13m | $2.12m |
| Aug 2025 | $1.8m | $1.72m | $1.72m |
| Sep 2025 | $1.07m | $1.04m | $1.03m |
| Oct 2025 | $1.29m | $1.23m | $1.23m |
| Nov 2025 | $588,365 | $561,397 | $559,977 |
| Dec 2025 | $214,300 | $207,451 | $207,089 |
| Jan 2026 | $194,228 | $190,441 | $190,239 |
| Feb 2026 | $133,974 | $129,446 | $129,209 |
| Mar 2026 | $89,175 | $86,268 | $86,115 |
| Apr 2026 | $46,887 | $45,255 | $45,167 |
| May 2026 | $63,381 | $58,247 | $57,974 |
| Jun 2026 | $105,797 | $102,537 | $102,366 |
| Jul 2026 | $66,176 | $63,552 | $63,412 |
| Aug 2026 | $41,666 | $39,064 | $38,987 |
| Sep 2026 | $43,803 | $35,293 | $35,111 |
| Oct 2026 (to date) | $58,850 | $53,790 | $53,675 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/shadow-exchange-clmm
Frequently asked questions
What is Shadow Exchange CLMM's TVL?
As of Oct 26, 2026, Shadow Exchange CLMM has $1.68m in total value locked. TVL has decreased 3.4% over the past 30 days.
What chains does Shadow Exchange CLMM operate on?
Shadow Exchange CLMM operates on Sonic. Sonic holds the largest share at 100%.
How much has Shadow Exchange CLMM generated in fees and revenue?
Over the past 30 days, Shadow Exchange CLMM generated $64,728 in fees. Of that, $58,736 was protocol revenue. Based on the trailing year, the annualized rate is $1.79m in fees and $1.71m in revenue.
How does Shadow Exchange CLMM's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Shadow Exchange CLMM ranks #188 by TVL. The category holds $13.451b across 1,923 protocols, and Shadow Exchange CLMM accounts for <0.1% of that total. Similar protocols include Uniswap V3, Curve DEX, SushiSwap V3, SushiSwap, WOOFi Swap, DyorSwap AMM, Beets DEX, Shadow Exchange Legacy, SpookySwap V2, and Beets DEX V3.
How much trading volume does Shadow Exchange CLMM process?
Shadow Exchange CLMM processed $29.14m in DEX volume over the past 30 days.

