Logo of SwapX V2

SwapX V2(SWPX)

Total Value Locked$38,257

TVL by Chain

Sonic$38,257

Key Metrics

Fees 30d$19.28
Fees 30d by chain

Sonic$19.28

Fees 7d$7.34

Sonic$7.34

Fees 24h$0.15

Sonic$0.15

Cumulative Fees$92,871

Sonic$92,871

DEX Volume 30d$10,975
DEX Volume 30d by chain

Sonic$10,975

DEX Volume 7d$3,175

Sonic$3,175

DEX Volume 24h$105

Sonic$105

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

Part of SwapX

Category:Dexs

Sub Category: ve(3,3)

Audits:

SwapX V2 history

TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jan 4, 2025 to Nov 14, 2026.

All-time high TVL: $9.93m on Mar 3, 2025. All-time low TVL: $31,425 on Aug 19, 2026.

Daily TVL, Oct 16, 2026 to Nov 14, 2026

DateTVL
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
Oct 25, 2026$52,642
Oct 26, 2026$51,333
Oct 27, 2026$51,594
Oct 28, 2026$50,697
Oct 29, 2026$50,772
Oct 30, 2026$45,476
Oct 31, 2026$45,683
Nov 1, 2026$44,153
Nov 2, 2026$43,628
Nov 3, 2026$41,657
Nov 4, 2026$42,237
Nov 5, 2026$45,637
Nov 6, 2026$41,918
Nov 7, 2026$43,114
Nov 8, 2026$42,220
Nov 9, 2026$40,055
Nov 10, 2026$40,818
Nov 11, 2026$39,999
Nov 12, 2026$39,596
Nov 13, 2026$40,984
Nov 14, 2026$40,879

TVL at each month end, Jan 2025 to Nov 2026

DateTVL
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 31, 2026$45,683
Nov 14, 2026 (latest)$40,879

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 Nov 14, 2026, SwapX V2 has $38,257 in total value locked. TVL has decreased 35.4% 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 $19.28 in fees. Based on the trailing year, the annualized rate is $817.52 in fees.

How does SwapX V2's TVL compare to similar protocols?

Among Dexs protocols tracked by DefiLlama, SwapX V2 ranks #716 by TVL. The category holds $11.395b across 1,940 protocols, and SwapX V2 accounts for <0.1% of that total. Similar protocols include Uniswap V3, Curve DEX, SushiSwap V3, SushiSwap, WOOFi Swap, Beets DEX, Shadow Exchange CLMM, DyorSwap AMM, Shadow Exchange Legacy, and Beets DEX V3.

How much trading volume does SwapX V2 process?

SwapX V2 processed $10,975 in DEX volume over the past 30 days.