Ask about Shell Protocol · freeTotal Value Locked$113,223
TVL by Chain
Arbitrum$113,223
Key Metrics
Cumulative DEX Volume$101.97m
Cumulative DEX Volume by chain
Arbitrum$101.97m
Protocol Information
DeFi hub for users & builders. Breakthrough accounting architecture and AMM engine.
Sub Category: AMM
Shell Protocol history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Sep 21, 2022 to Nov 12, 2026.
All-time high TVL: $16.88m on Jun 3, 2023. All-time low TVL: $109,587 on Jun 26, 2026.
Daily TVL, Oct 14, 2026 to Nov 12, 2026
| Date | TVL |
|---|---|
| Oct 14, 2026 | $127,062 |
| Oct 15, 2026 | $124,731 |
| Oct 16, 2026 | $125,374 |
| Oct 17, 2026 | $125,005 |
| Oct 18, 2026 | $124,263 |
| Oct 19, 2026 | $125,080 |
| Oct 20, 2026 | $124,393 |
| Oct 21, 2026 | $125,533 |
| Oct 22, 2026 | $126,307 |
| Oct 23, 2026 | $124,247 |
| Oct 24, 2026 | $123,250 |
| Oct 25, 2026 | $122,826 |
| Oct 26, 2026 | $121,540 |
| Oct 27, 2026 | $121,817 |
| Oct 28, 2026 | $122,503 |
| Oct 29, 2026 | $121,300 |
| Oct 30, 2026 | $118,332 |
| Oct 31, 2026 | $119,854 |
| Nov 1, 2026 | $120,107 |
| Nov 2, 2026 | $121,118 |
| Nov 3, 2026 | $119,552 |
| Nov 4, 2026 | $119,721 |
| Nov 5, 2026 | $123,558 |
| Nov 6, 2026 | $119,077 |
| Nov 7, 2026 | $118,904 |
| Nov 8, 2026 | $118,819 |
| Nov 9, 2026 | $117,358 |
| Nov 10, 2026 | $116,723 |
| Nov 11, 2026 | $114,827 |
| Nov 12, 2026 | $114,502 |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $242,754 |
| Jan 31, 2025 | $238,801 |
| Feb 28, 2025 | $190,660 |
| Mar 31, 2025 | $168,353 |
| Apr 30, 2025 | $169,562 |
| May 31, 2025 | $187,909 |
| Jun 30, 2025 | $184,351 |
| Jul 31, 2025 | $215,094 |
| Aug 31, 2025 | $221,354 |
| Sep 30, 2025 | $209,020 |
| Oct 31, 2025 | $194,035 |
| Nov 30, 2025 | $165,177 |
| Dec 31, 2025 | $161,848 |
| Jan 31, 2026 | $146,588 |
| Feb 28, 2026 | $122,797 |
| Mar 31, 2026 | $124,422 |
| Apr 30, 2026 | $131,726 |
| May 31, 2026 | $124,920 |
| Jun 30, 2026 | $110,435 |
| Jul 31, 2026 | $114,641 |
| Aug 31, 2026 | $125,734 |
| Sep 30, 2026 | $130,570 |
| Oct 31, 2026 | $119,854 |
| Nov 12, 2026 (latest) | $114,502 |
TVL at each year end, Dec 31, 2022 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2022 | $16.34m |
| Dec 31, 2023 | $5.37m |
| Dec 31, 2024 | $242,754 |
| Dec 31, 2025 | $161,848 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/shell-protocol
Frequently asked questions
What is Shell Protocol's TVL?
As of Nov 12, 2026, Shell Protocol has $113,223 in total value locked. TVL has decreased 9.8% over the past 30 days.
What chains does Shell Protocol operate on?
Shell Protocol operates on Arbitrum. Arbitrum holds the largest share at 100%.
How does Shell Protocol's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Shell Protocol ranks #526 by TVL. The category holds $12.015b across 1,935 protocols, and Shell Protocol accounts for <0.1% of that total. Similar protocols include Uniswap V3, PancakeSwap AMM, Uniswap V4, Curve DEX, Uniswap V2, PancakeSwap AMM V3, Fluid DEX, Aero Slipstream, Aero Basic, and SushiSwap V3.