Total Value Locked$7,168
TVL by Chain
Base$4,714
BSC$2,435
OP Mainnet$7.99
Polygon$6.92
Arbitrum$3.63
Blast$0
Key Metrics
Fees 30d$0.99
Fees 30d by chain
BSC$0.99
Fees 7d$0.10
BSC$0.10
Fees 24h$0.01
BSC$0.01
Cumulative Fees$143,753
BSC$143,753
Revenue 30d$0.10
Revenue 30d by chain
BSC$0.10
Revenue 7d$0.01
BSC$0.01
Revenue 24h$0
BSC$0
Cumulative Revenue$61,826
BSC$61,826
Holders Revenue 30d$0
Holders Revenue 30d by chain
BSC$0
Holders Revenue 7d$0
BSC$0
Holders Revenue 24h$0
BSC$0
Cumulative Holders Revenue$30,888
BSC$30,888
DEX Volume 30d$334.58
DEX Volume 30d by chain
BSC$334.58
DEX Volume 7d$36.63
BSC$36.63
DEX Volume 24h$3.97
BSC$3.97
Cumulative DEX Volume$626.45m
BSC$626.45m
Staked$479.32
Protocol Information
SquadSwap is a DEX backed by the Squad NFT community and powered by the SQUAD token
Sub Category: AMM
Audits:
Methodology
TVL: TVL is calculated from total liquidity of SquadSwap's active poolsView code on GitHubFees: Swap fees paid by usersView code on GitHubRevenue: Percentage of swap fees going to treasury and/or token holdersView code on GitHubHolders Revenue: Money going to governance token holdersView code on GitHubDEX Volume: Volume of all spot token swaps on the DEXView code on GitHubCompetitors
SquadSwap V2 history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Dec 9, 2023 to Nov 9, 2026.
All-time high TVL: $20.64m on Mar 29, 2024. All-time low TVL: $7,173 on Nov 9, 2026.
Daily TVL, Oct 11, 2026 to Nov 9, 2026
| Date | TVL |
|---|---|
| Oct 11, 2026 | $11,977 |
| Oct 12, 2026 | $12,130 |
| Oct 13, 2026 | $11,539 |
| Oct 14, 2026 | $11,863 |
| Oct 15, 2026 | $11,481 |
| Oct 16, 2026 | $11,587 |
| Oct 17, 2026 | $11,574 |
| Oct 18, 2026 | $11,470 |
| Oct 19, 2026 | $11,512 |
| Oct 20, 2026 | $11,437 |
| Oct 21, 2026 | $11,718 |
| Oct 22, 2026 | $12,123 |
| Oct 23, 2026 | $11,495 |
| Oct 24, 2026 | $11,274 |
| Oct 25, 2026 | $11,084 |
| Oct 26, 2026 | $10,725 |
| Oct 27, 2026 | $10,991 |
| Oct 28, 2026 | $11,186 |
| Oct 29, 2026 | $11,198 |
| Oct 30, 2026 | $10,065 |
| Oct 31, 2026 | $7,420 |
| Nov 1, 2026 | $7,475 |
| Nov 2, 2026 | $7,537 |
| Nov 3, 2026 | $7,402 |
| Nov 4, 2026 | $7,395 |
| Nov 5, 2026 | $7,883 |
| Nov 6, 2026 | $7,386 |
| Nov 7, 2026 | $7,425 |
| Nov 8, 2026 | $7,414 |
| Nov 9, 2026 | $7,173 |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $1.57m |
| Jan 31, 2025 | $1.46m |
| Feb 28, 2025 | $97,661 |
| Mar 31, 2025 | $64,940 |
| Apr 30, 2025 | $36,844 |
| May 31, 2025 | $39,481 |
| Jun 30, 2025 | $38,577 |
| Jul 31, 2025 | $46,785 |
| Aug 31, 2025 | $47,188 |
| Sep 30, 2025 | $45,048 |
| Oct 31, 2025 | $39,452 |
| Nov 30, 2025 | $30,817 |
| Dec 31, 2025 | $28,384 |
| Jan 31, 2026 | $25,667 |
| Feb 28, 2026 | $12,409 |
| Mar 31, 2026 | $12,516 |
| Apr 30, 2026 | $13,229 |
| May 31, 2026 | $12,704 |
| Jun 30, 2026 | $10,474 |
| Jul 31, 2026 | $11,126 |
| Aug 31, 2026 | $12,833 |
| Sep 30, 2026 | $13,676 |
| Oct 31, 2026 | $7,420 |
| Nov 9, 2026 (latest) | $7,173 |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $4.99m |
| Dec 31, 2024 | $1.57m |
| Dec 31, 2025 | $28,384 |
Fees, revenue and holders revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Dec 2024 | $8,950 | $4,474 | $2,236 |
| Jan 2025 | $4,485 | $2,240 | $1,124 |
| Feb 2025 | $13,639 | $4,539 | $2,268 |
| Mar 2025 | $12,883 | — | — |
| Apr 2025 | $209 | — | — |
| May 2025 | $330 | — | — |
| Jun 2025 | $910 | — | — |
| Jul 2025 | $163 | — | — |
| Aug 2025 | $109 | — | — |
| Sep 2025 | $116 | — | — |
| Oct 2025 | $139 | $6 | $0 |
| Nov 2025 | $52 | $0 | $0 |
| Dec 2025 | $665 | $65 | $0 |
| Jan 2026 | $46 | $1 | $0 |
| Feb 2026 | $28 | $0 | $0 |
| Mar 2026 | $0 | $0 | $0 |
| Apr 2026 | $0 | $0 | $0 |
| May 2026 | $1.02 | $0.08 | $0 |
| Jun 2026 | $1.10 | $0.12 | $0 |
| Jul 2026 | $1.55 | $0.11 | $0 |
| Aug 2026 | $3.33 | $0.32 | $0 |
| Sep 2026 | $4.67 | $0.48 | $0 |
| Oct 2026 | $0.99 | $0.10 | $0 |
| Nov 2026 (to date) | $0.18 | $0.02 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/squadswap-v2
Frequently asked questions
What is SquadSwap V2's TVL?
As of Nov 9, 2026, SquadSwap V2 has $7,168 in total value locked. TVL has decreased 39.5% over the past 30 days.
What chains does SquadSwap V2 operate on?
SquadSwap V2 operates on 6 chains: Base, BSC, OP Mainnet, Polygon, and Arbitrum and 1 others. Base holds the largest share at 65.8%.
How much has SquadSwap V2 generated in fees and revenue?
Over the past 30 days, SquadSwap V2 generated $0.99 in fees. Of that, $0.10 was protocol revenue. Based on the trailing year, the annualized rate is $787.84 in fees and $67.23 in revenue.
How does SquadSwap V2's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, SquadSwap V2 ranks #1,035 by TVL. The category holds $12.298b across 1,931 protocols, and SquadSwap V2 accounts for <0.1% of that total. Similar protocols include Uniswap V3, Uniswap V4, SushiSwap V3, SushiSwap, SquadSwap V3, Archly V2, Curve DEX, Uniswap V2, DODO AMM, and WOOFi Swap.
How much trading volume does SquadSwap V2 process?
SquadSwap V2 processed $334.58 in DEX volume over the past 30 days.