Total Value Locked$607,383
TVL by Chain
Cardano$607,383
Key Metrics
Fees 30d$167,022
Fees 30d by chain
Cardano$167,022
Fees 7d$2,911
Cardano$2,911
Cumulative Fees$1.03m
Cardano$1.03m
Revenue 30d$163,288
Revenue 30d by chain
Cardano$163,288
Revenue 7d$2,051
Cardano$2,051
Cumulative Revenue$163,288
Cardano$163,288
Holders Revenue 30d$24,494
Holders Revenue 30d by chain
Cardano$24,494
Holders Revenue 7d$308
Cardano$308
Cumulative Holders Revenue$24,494
Cardano$24,494
DEX Volume 30d$237,123
DEX Volume 30d by chain
Cardano$237,123
DEX Volume 7d$171,751
Cardano$171,751
DEX Volume 24h$1,890
Cardano$1,890
Cumulative DEX Volume$159.04m
Cardano$159.04m
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.
Sub Category: AMM
Audits:No
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: 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: Swap volume across SundaeSwap pools, counted once per trade in the pool's first asset. 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 GitHubCompetitors
Frequently asked questions
What is SundaeSwap V2's TVL?
SundaeSwap V2 currently has $607,383 in total value locked. TVL has increased 19.4% over the past 30 days.
What chains does SundaeSwap V2 operate on?
SundaeSwap V2 operates on Cardano. Cardano holds the largest share at 100%.
How much has SundaeSwap V2 generated in fees and revenue?
Over the past 30 days, SundaeSwap V2 generated $167,022 in fees. Of that, $163,288 was protocol revenue. Based on the trailing year, the annualized rate is $177,843 in fees and $19.87m in revenue.
How does SundaeSwap V2's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, SundaeSwap V2 ranks #318 by TVL. The category holds $14.134b across 1,938 protocols, and SundaeSwap V2 accounts for <0.1% of that total. Other leading protocols include Minswap DEX, Dano Finance, SundaeSwap V3, Splash Protocol, WingRiders, VyFinance Dex, CSWAP DEX, SundaeSwap V4, MuesliSwap, and TeddySwap.
How much trading volume does SundaeSwap V2 process?
SundaeSwap V2 processed $237,123 in DEX volume over the past 30 days.

