Total Value Locked$55,713
TVL by Chain
Sonic$55,713
Key Metrics
Fees 30d$75.25
Fees 30d by chain
Sonic$75.25
Fees 7d$4.50
Sonic$4.50
Fees 24h$0.36
Sonic$0.36
Cumulative Fees$92,859
Sonic$92,859
DEX Volume 30d$56,851
DEX Volume 30d by chain
Sonic$56,851
DEX Volume 7d$2,745
Sonic$2,745
DEX Volume 24h$212
Sonic$212
Cumulative DEX Volume$69.16m
Sonic$69.16m
Protocol Information
SwapX, Sonic's native DEX, leverages Algebra V4 for advanced concentrated liquidity management and ve(3,3) tokenomics while pioneering modular DeFi with plugin technology
Sub Category: ve(3,3)
Methodology
TVL: Value of the tokens locked in the liquidity pools.View code on GitHubFees: Swap fees paid by usersView code on GitHubDEX Volume: Volume of all spot token swaps on the DEXView code on GitHubCompetitors
SwapX V2 history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jan 4, 2025 to Oct 24, 2026.
All-time high TVL: $9.93m on Mar 3, 2025. All-time low TVL: $31,425 on Aug 19, 2026.
Daily TVL, Sep 25, 2026 to Oct 24, 2026
| Date | TVL |
|---|---|
| Sep 25, 2026 | $48,301 |
| Sep 26, 2026 | $48,759 |
| Sep 27, 2026 | $47,045 |
| Sep 28, 2026 | $47,392 |
| Sep 29, 2026 | $45,547 |
| Sep 30, 2026 | $44,841 |
| Oct 1, 2026 | $48,986 |
| Oct 2, 2026 | $46,094 |
| Oct 3, 2026 | $44,031 |
| Oct 4, 2026 | $47,998 |
| Oct 5, 2026 | $46,209 |
| Oct 6, 2026 | $49,196 |
| Oct 7, 2026 | $48,910 |
| Oct 8, 2026 | $44,769 |
| Oct 9, 2026 | $43,847 |
| Oct 10, 2026 | $49,424 |
| Oct 11, 2026 | $53,920 |
| Oct 12, 2026 | $64,922 |
| Oct 13, 2026 | $62,248 |
| Oct 14, 2026 | $65,839 |
| Oct 15, 2026 | $59,249 |
| Oct 16, 2026 | $60,529 |
| Oct 17, 2026 | $59,637 |
| Oct 18, 2026 | $57,732 |
| Oct 19, 2026 | $56,853 |
| Oct 20, 2026 | $62,434 |
| Oct 21, 2026 | $62,338 |
| Oct 22, 2026 | $58,954 |
| Oct 23, 2026 | $56,030 |
| Oct 24, 2026 | $55,712 |
TVL at each month end, Jan 2025 to Oct 2026
| Date | TVL |
|---|---|
| Jan 31, 2025 | $3.44m |
| Feb 28, 2025 | $8.58m |
| Mar 31, 2025 | $4.68m |
| Apr 30, 2025 | $4.3m |
| May 31, 2025 | $2.77m |
| Jun 30, 2025 | $2.78m |
| Jul 31, 2025 | $2.19m |
| Aug 31, 2025 | $1.79m |
| Sep 30, 2025 | $1.13m |
| Oct 31, 2025 | $606,911 |
| Nov 30, 2025 | $436,991 |
| Dec 31, 2025 | $191,206 |
| Jan 31, 2026 | $150,954 |
| Feb 28, 2026 | $95,168 |
| Mar 31, 2026 | $100,132 |
| Apr 30, 2026 | $108,431 |
| May 31, 2026 | $99,917 |
| Jun 30, 2026 | $62,432 |
| Jul 31, 2026 | $33,612 |
| Aug 31, 2026 | $39,642 |
| Sep 30, 2026 | $44,841 |
| Oct 24, 2026 (latest) | $55,712 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/swapx-v2
Frequently asked questions
What is SwapX V2's TVL?
As of Oct 24, 2026, SwapX V2 has $55,713 in total value locked. TVL has increased 16.5% over the past 30 days.
What chains does SwapX V2 operate on?
SwapX V2 operates on Sonic. Sonic holds the largest share at 100%.
How much has SwapX V2 generated in fees?
Over the past 30 days, SwapX V2 generated $75.25 in fees. Based on the trailing year, the annualized rate is $1,850 in fees.
How does SwapX V2's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, SwapX V2 ranks #690 by TVL. The category holds $13.878b across 1,921 protocols, and SwapX V2 accounts for <0.1% of that total. Similar protocols include Uniswap V3, Curve DEX, SushiSwap V3, SushiSwap, WOOFi Swap, DyorSwap AMM, Shadow Exchange CLMM, Beets DEX, Shadow Exchange Legacy, and SpookySwap V2.
How much trading volume does SwapX V2 process?
SwapX V2 processed $56,851 in DEX volume over the past 30 days.