Total Value Locked$6.09m
TVL by Chain
Cardano$6.09m
Key Metrics
Fees 30d$184,823
Fees 30d by chain
Cardano$184,823
Fees 7d$4,088
Cardano$4,088
Fees 24h$509
Cardano$509
Cumulative Fees$1.39m
Cardano$1.39m
Revenue 30d$167,056
Revenue 30d by chain
Cardano$167,056
Revenue 7d$694
Cardano$694
Revenue 24h$86
Cardano$86
Cumulative Revenue$216,923
Cardano$216,923
Holders Revenue 30d$25,061
Holders Revenue 30d by chain
Cardano$25,061
Holders Revenue 7d$105
Cardano$105
Holders Revenue 24h$13
Cardano$13
Cumulative Holders Revenue$32,544
Cardano$32,544
DEX Volume 30d$2.68m
DEX Volume 30d by chain
Cardano$2.68m
DEX Volume 7d$1.61m
Cardano$1.61m
DEX Volume 24h$281,219
Cardano$281,219
Cumulative DEX Volume$161.5m
Cardano$161.5m
Market Cap$0
$SUNDAE Price$0.0009
Fully Diluted Valuation$1.8m
$SUNDAE Volume 24h$3,250
CEX Volume$0
DEX Volume$3,262(100.37% 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 19, 2026.
All-time high TVL: $126.89m on Feb 20, 2022. All-time low TVL: $1.42m on Jul 28, 2026.
Daily TVL, Sep 20, 2026 to Oct 19, 2026
| Date | TVL |
|---|---|
| Sep 20, 2026 | $2.32m |
| Sep 21, 2026 | $2.3m |
| Sep 22, 2026 | $2.46m |
| 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 |
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 19, 2026 (latest) | $6.14m |
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) | $179,063 | $165,720 | $24,860 |
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 19, 2026, SundaeSwap has $6.09m in total value locked. TVL has increased 163.9% 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 $184,823 in fees. Of that, $167,056 was protocol revenue. Based on the trailing year, the annualized rate is $532,064 in fees and $215,733 in revenue.
What is the SUNDAE token price and valuation?
SUNDAE is currently trading at $0.0009. Its circulating market capitalization is $0, ranking it #17,510. Its fully diluted valuation is $1.8m. Supply currently stands at 0 circulating, 2b total supply, 2b maximum supply.
How has SUNDAE performed recently?
SUNDAE is down 16.1% over the past 7 days and down 6.5% 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 #100 by TVL. The category holds $14.454b across 1,914 protocols, and SundaeSwap accounts for <0.1% of that total. Other leading 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 $2.68m in DEX volume over the past 30 days.

