Logo of Sovryn Dex

Sovryn Dex(SOV)

Total Value Locked$5.04m

TVL by Chain

Rootstock$5.04m

BOB$32.40

Key Metrics

DEX Volume 30d$1.55m
DEX Volume 30d by chain

Rootstock$1.55m

BOB$0

DEX Volume 7d$334

Rootstock$334

BOB$0

DEX Volume 24h$0

BOB$0

Rootstock$0

Cumulative DEX Volume$63.44m

Rootstock$61.62m

BOB$1.82m

Staked$0

Total Raised$17.5m

Dec 15, 2020$2.1mRound: SeedInvestors: Collider Ventures, Monday Capital, Greenfield Capital

Mar 3, 2021$10mRound: Private token sale

Oct 9, 2022$5.4mRound: Investors: General Catalyst, Collider Ventures, Bering Waters, Bollinger Investment Group, Balaji Srinivasan

Protocol Information

Sovryn is a non-custodial and permission-less smart contract based system for bitcoin lending, borrowing and margin trading.

Part of Sovryn

Category:Dexs

Sub Category: AMM

Audits:

Yields

Pools Tracked6

Average Supply APY0.0017%

Largest Pools by TVL

ETHs-WRBTCRootstock$11.05m

WRBTC-rUSDTRootstock$10.52m

WRBTC-BNBsRootstock$8.05m

MYNT-WRBTCRootstock$850,521

BITP-WRBTCRootstock$615,652

View all Yields

Hacks

Date: Nov 1, 2026

Amount: $538,749

Classification: Protocol Logic

Technique: Unknown

On November 1, 2026, an attacker exploited Sovryn's XUSD/WRBTC AMM pool on Rootstock, receiving approximately 541,456 XUSD ($538,749) in an attacker-controlled wallet. Portions of the proceeds were subsequently converted into BTC and ETH, while other assets remained under protocol control. Sovryn implemented emergency fee-control changes, delisted the affected pool on November 2, and began reconciling the impact on liquidity providers. The underlying vulnerability and final realized losses remain under investigation

Chains: Rootstock

Target Type: DeFi Protocol

Competitors

Sovryn Dex history

TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from May 29, 2021 to Nov 14, 2026.

All-time high TVL: $168.37m on Nov 9, 2021. All-time low TVL: $5.16m on Nov 14, 2026.

Daily TVL, Oct 16, 2026 to Nov 14, 2026

DateTVL
Oct 16, 2026$8.58m
Oct 17, 2026$8.53m
Oct 18, 2026$7.98m
Oct 19, 2026$8.06m
Oct 20, 2026$7.98m
Oct 21, 2026$8.11m
Oct 22, 2026$8.2m
Oct 23, 2026$7.95m
Oct 24, 2026$8.43m
Oct 25, 2026$8.45m
Oct 26, 2026$7.83m
Oct 27, 2026$8.36m
Oct 28, 2026$8.44m
Oct 29, 2026$8.49m
Oct 30, 2026$8.12m
Oct 31, 2026$8.12m
Nov 1, 2026$6.32m
Nov 2, 2026$5.89m
Nov 3, 2026$5.84m
Nov 4, 2026$6.34m
Nov 5, 2026$6.12m
Nov 6, 2026$5.75m
Nov 7, 2026$5.74m
Nov 8, 2026$5.73m
Nov 9, 2026$5.66m
Nov 10, 2026$5.67m
Nov 11, 2026$5.56m
Nov 12, 2026$5.58m
Nov 13, 2026$5.38m
Nov 14, 2026$5.16m

TVL at each month end, Dec 2024 to Nov 2026

DateTVL
Dec 31, 2024$27.93m
Jan 31, 2025$28.32m
Feb 28, 2025$19.82m
Mar 31, 2025$20.13m
Apr 30, 2025$21.73m
May 31, 2025$22.42m
Jun 30, 2025$19.27m
Jul 31, 2025$20.14m
Aug 31, 2025$18.58m
Sep 30, 2025$19.11m
Oct 31, 2025$17.04m
Nov 30, 2025$13.75m
Dec 31, 2025$12.24m
Jan 31, 2026$11.26m
Feb 28, 2026$9.46m
Mar 31, 2026$9.38m
Apr 30, 2026$10.13m
May 31, 2026$9.79m
Jun 30, 2026$8.55m
Jul 31, 2026$7.3m
Aug 31, 2026$8.55m
Sep 30, 2026$8.74m
Oct 31, 2026$8.12m
Nov 14, 2026 (latest)$5.16m

TVL at each year end, Dec 31, 2021 to Dec 31, 2025

DateTVL
Dec 31, 2021$115.74m
Dec 31, 2022$13.79m
Dec 31, 2023$18.92m
Dec 31, 2024$27.93m
Dec 31, 2025$12.24m

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/sovryn-dex

Frequently asked questions

What is Sovryn Dex's TVL?

As of Nov 14, 2026, Sovryn Dex has $5.04m in total value locked. TVL has decreased 40.8% over the past 30 days.

What chains does Sovryn Dex operate on?

Sovryn Dex operates on 2 chains: Rootstock and BOB. Rootstock holds the largest share at 100%.

How does Sovryn Dex's TVL compare to similar protocols?

Among Dexs protocols tracked by DefiLlama, Sovryn Dex ranks #99 by TVL. The category holds $11.559b across 1,940 protocols, and Sovryn Dex accounts for <0.1% of that total. Similar protocols include Uniswap V3, SushiSwap V3, SushiSwap, Velodrome V2, Blueshift, DyorSwap AMM, iZiSwap, Elk, RskSwap, and IcecreamSwap V2.

How much trading volume does Sovryn Dex process?

Sovryn Dex processed $1.55m in DEX volume over the past 30 days.

Has Sovryn Dex ever been exploited?

Sovryn Dex has 1 recorded security incident. The most recent incident occurred on Nov 1, 2026 and involved $538,749. It was classified as Protocol Logic.