Total Value Locked$6.02m
TVL by Chain
Cardano$6.02m
Key Metrics
Fees 30d$184,827
Fees 30d by chain
Cardano$184,827
Fees 7d$3,499
Cardano$3,499
Fees 24h$390
Cardano$390
Cumulative Fees$1.39m
Cardano$1.39m
Revenue 30d$166,935
Revenue 30d by chain
Cardano$166,935
Revenue 7d$573.14
Cardano$573.14
Revenue 24h$64.14
Cardano$64.14
Cumulative Revenue$217,121
Cardano$217,121
Holders Revenue 30d$25,043
Holders Revenue 30d by chain
Cardano$25,043
Holders Revenue 7d$87
Cardano$87
Holders Revenue 24h$9.68
Cardano$9.68
Cumulative Holders Revenue$32,574
Cardano$32,574
DEX Volume 30d$3.7m
DEX Volume 30d by chain
Cardano$3.7m
DEX Volume 7d$2.12m
Cardano$2.12m
DEX Volume 24h$118,843
Cardano$118,843
Cumulative DEX Volume$162.54m
Cardano$162.54m
Market Cap$0
$SUNDAE Price$0.00089
Fully Diluted Valuation$1.77m
$SUNDAE Volume 24h$318.63
CEX Volume$0
DEX Volume$1,195(375.05% of total)
Total Raised$1.3m
Sep 21, 2021$1.3mRound: SeedInvestors: Alameda Research, cFund, Double Peak Group
Protocol Information
The first native AMM-based decentralized exchange and liquidity provision protocol on Cardano.
- SundaeSwap V3Dexs
- SundaeSwap V4Dexs
- SundaeSwap V2Dexs
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees: The total trading fees paid by users, excluding L1 transaction fees. Only the 50 largest SundaeSwap pools by current TVL (across all versions) are counted, and the same current set is used for past dates, so pools that were large in the past but are not in today's top 50 are excluded.View code on GitHubRevenue: A fixed ADA cost per transaction that is collected by the protocol. Only the 50 largest SundaeSwap pools by current TVL (across all versions) are counted, and the same current set is used for past dates, so pools that were large in the past but are not in today's top 50 are excluded.View code on GitHubHolders Revenue: The share of the fixed ADA cost per transaction going to holders: 15% since May 2024, 0% before. Only the 50 largest SundaeSwap pools by current TVL (across all versions) are counted, and the same current set is used for past dates, so pools that were large in the past but are not in today's top 50 are excluded.View code on GitHubDEX Volume: Volume of all spot token swaps on the DEX
Competitors
SundaeSwap history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jan 21, 2022 to Oct 22, 2026.
All-time high TVL: $126.89m on Feb 20, 2022. All-time low TVL: $1.42m on Jul 28, 2026.
Daily TVL, Sep 23, 2026 to Oct 22, 2026
| Date | TVL |
|---|---|
| Sep 23, 2026 | $2.53m |
| Sep 24, 2026 | $2.39m |
| Sep 25, 2026 | $2.5m |
| Sep 26, 2026 | $2.55m |
| Sep 27, 2026 | $2.49m |
| Sep 28, 2026 | $2.48m |
| Sep 29, 2026 | $2.43m |
| Sep 30, 2026 | $2.4m |
| Oct 1, 2026 | $4.93m |
| Oct 2, 2026 | $4.91m |
| Oct 3, 2026 | $4.92m |
| Oct 4, 2026 | $4.92m |
| Oct 5, 2026 | $5.03m |
| Oct 6, 2026 | $5.14m |
| Oct 7, 2026 | $6.69m |
| Oct 8, 2026 | $6.63m |
| Oct 9, 2026 | $6.42m |
| Oct 10, 2026 | $6.57m |
| Oct 11, 2026 | $6.56m |
| Oct 12, 2026 | $6.59m |
| Oct 13, 2026 | $6.39m |
| Oct 14, 2026 | $6.48m |
| Oct 15, 2026 | $6.21m |
| Oct 16, 2026 | $6.18m |
| Oct 17, 2026 | $6.17m |
| Oct 18, 2026 | $6.1m |
| Oct 19, 2026 | $6.14m |
| Oct 20, 2026 | $6.09m |
| Oct 21, 2026 | $6.1m |
| Oct 22, 2026 | $6.12m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $23.84m |
| Dec 31, 2024 | $18.86m |
| Jan 31, 2025 | $4.27m |
| Feb 28, 2025 | $12.86m |
| Mar 31, 2025 | $11.77m |
| Apr 30, 2025 | $11.75m |
| May 31, 2025 | $11.22m |
| Jun 30, 2025 | $9.27m |
| Jul 31, 2025 | $11.41m |
| Aug 31, 2025 | $11.81m |
| Sep 30, 2025 | $11.1m |
| Oct 31, 2025 | $8.12m |
| Nov 30, 2025 | $5.33m |
| Dec 31, 2025 | $7.46m |
| Jan 31, 2026 | $7.06m |
| Feb 28, 2026 | $12.14m |
| Mar 31, 2026 | $10.81m |
| Apr 30, 2026 | $10.59m |
| May 31, 2026 | $10.16m |
| Jun 30, 2026 | $6m |
| Jul 31, 2026 | $1.52m |
| Aug 31, 2026 | $1.78m |
| Sep 30, 2026 | $2.4m |
| Oct 22, 2026 (latest) | $6.12m |
TVL at each year end, Dec 31, 2022 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2022 | $5.9m |
| Dec 31, 2023 | $10.67m |
| Dec 31, 2024 | $18.86m |
| Dec 31, 2025 | $7.46m |
Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $18,529 | $0 | $0 |
| Dec 2024 | $19,151 | $0 | $0 |
| Jan 2025 | $7,950 | $0 | $0 |
| Feb 2025 | $3,528 | $0 | $0 |
| Mar 2025 | $2,674 | $0 | $0 |
| Apr 2025 | $1,829 | $0 | $0 |
| May 2025 | $1,865 | $0 | $0 |
| Jun 2025 | $2,201 | $0 | $0 |
| Jul 2025 | $1,865 | $0 | $0 |
| Aug 2025 | $3,006 | $0 | $0 |
| Sep 2025 | $2,522 | $0 | $0 |
| Oct 2025 | $19,845 | $2,703 | $406 |
| Nov 2025 | $31,853 | $4,156 | $622.43 |
| Dec 2025 | $148,819 | $14,842 | $2,226 |
| Jan 2026 | $36,342 | $4,933 | $741.96 |
| Feb 2026 | $23,550 | $3,362 | $504.16 |
| Mar 2026 | $26,289 | $5,518 | $828 |
| Apr 2026 | $11,803 | $2,926 | $437.73 |
| May 2026 | $13,725 | $2,655 | $399.36 |
| Jun 2026 | $16,604 | $3,156 | $475.75 |
| Jul 2026 | $18,747 | $2,820 | $422.83 |
| Aug 2026 | $5,515 | $1,761 | $262.68 |
| Sep 2026 | $9,227 | $2,371 | $356.48 |
| Oct 2026 (to date) | $180,283 | $165,918 | $24,890 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/sundaeswap
Frequently asked questions
What is SundaeSwap's TVL?
As of Oct 22, 2026, SundaeSwap has $6.02m in total value locked. TVL has increased 144.8% over the past 30 days.
What chains does SundaeSwap operate on?
SundaeSwap operates on Cardano. Cardano holds the largest share at 100%.
How much has SundaeSwap generated in fees and revenue?
Over the past 30 days, SundaeSwap generated $184,827 in fees. Of that, $166,935 was protocol revenue. Based on the trailing year, the annualized rate is $530,906 in fees and $215,631 in revenue.
What is the SUNDAE token price and valuation?
SUNDAE is currently trading at $0.00089. Its circulating market capitalization is $0, ranking it #17,585. Its fully diluted valuation is $1.78m. Supply currently stands at 0 circulating, 2b total supply, 2b maximum supply.
How has SUNDAE performed recently?
SUNDAE is down 6.3% over the past 7 days and down 16.6% over the past 30 days. Its all-time high is $0.22, reached on Apr 6, 2022. The token is currently 99.6% below that level.
How does SundaeSwap's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, SundaeSwap ranks #101 by TVL. The category holds $13.961b across 1,918 protocols, and SundaeSwap accounts for <0.1% of that total. Similar protocols include Minswap DEX, Dano Finance, Splash Protocol, WingRiders, VyFinance Dex, CSWAP DEX, MuesliSwap, Astarter AMM, Saturn Swap, and Genius Yield.
How much trading volume does SundaeSwap process?
SundaeSwap processed $3.7m in DEX volume over the past 30 days.

