Ask about Swerve · freeSwerve(SWRV)
Total Value Locked$304,778
TVL by Chain
Ethereum$304,778
Hacks
Date: Mar 25, 2023
Amount: $1.3m
Classification: Governance
Technique: Malicious Proposal
Swerve Finance, a defunct Curve clone, was targeted in a governance attack where the attacker created proposals to transfer $1.3M in stablecoins to their contract. Though the attack ultimately failed due to insufficient voting power, it represented a live governance exploit attempt.
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Competitors
Swerve history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Nov 7, 2020 to Nov 14, 2026.
All-time high TVL: $38.46m on Nov 18, 2020. All-time low TVL: $302,004 on Oct 3, 2024.
Daily TVL, Oct 16, 2026 to Nov 14, 2026
| Date | TVL |
|---|---|
| Oct 16, 2026 | $304,667 |
| Oct 17, 2026 | $304,699 |
| Oct 18, 2026 | $304,754 |
| Oct 19, 2026 | $304,725 |
| Oct 20, 2026 | $304,681 |
| Oct 21, 2026 | $304,663 |
| Oct 22, 2026 | $304,684 |
| Oct 23, 2026 | $304,537 |
| Oct 24, 2026 | $304,649 |
| Oct 25, 2026 | $304,642 |
| Oct 26, 2026 | $304,594 |
| Oct 27, 2026 | $304,528 |
| Oct 28, 2026 | $304,439 |
| Oct 29, 2026 | $304,626 |
| Oct 30, 2026 | $304,589 |
| Oct 31, 2026 | $304,690 |
| Nov 1, 2026 | $304,891 |
| Nov 2, 2026 | $304,787 |
| Nov 3, 2026 | $304,636 |
| Nov 4, 2026 | $304,744 |
| Nov 5, 2026 | $304,757 |
| Nov 6, 2026 | $304,763 |
| Nov 7, 2026 | $304,730 |
| Nov 8, 2026 | $304,832 |
| Nov 9, 2026 | $304,630 |
| Nov 10, 2026 | $304,776 |
| Nov 11, 2026 | $304,751 |
| Nov 12, 2026 | $304,746 |
| Nov 13, 2026 | $304,719 |
| Nov 14, 2026 | $304,802 |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $303,995 |
| Jan 31, 2025 | $304,336 |
| Feb 28, 2025 | $304,396 |
| Mar 31, 2025 | $304,892 |
| Apr 30, 2025 | $305,274 |
| May 31, 2025 | $305,531 |
| Jun 30, 2025 | $305,685 |
| Jul 31, 2025 | $305,288 |
| Aug 31, 2025 | $305,465 |
| Sep 30, 2025 | $305,819 |
| Oct 31, 2025 | $305,946 |
| Nov 30, 2025 | $305,952 |
| Dec 31, 2025 | $305,136 |
| Jan 31, 2026 | $304,851 |
| Feb 28, 2026 | $305,246 |
| Mar 31, 2026 | $305,115 |
| Apr 30, 2026 | $305,343 |
| May 31, 2026 | $305,111 |
| Jun 30, 2026 | $305,064 |
| Jul 31, 2026 | $304,980 |
| Aug 31, 2026 | $305,324 |
| Sep 30, 2026 | $304,871 |
| Oct 31, 2026 | $304,690 |
| Nov 14, 2026 (latest) | $304,802 |
TVL at each year end, Dec 31, 2020 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2020 | $22.01m |
| Dec 31, 2021 | $2.24m |
| Dec 31, 2022 | $1.28m |
| Dec 31, 2023 | $345,673 |
| Dec 31, 2024 | $303,995 |
| Dec 31, 2025 | $305,136 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/swerve
Frequently asked questions
What is Swerve's TVL?
As of Nov 14, 2026, Swerve has $304,778 in total value locked. TVL has increased <0.1% over the past 30 days.
What chains does Swerve operate on?
Swerve operates on Ethereum. Ethereum holds the largest share at 100%.
How does Swerve's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Swerve ranks #368 by TVL. The category holds $11.311b across 1,940 protocols, and Swerve accounts for <0.1% of that total. Similar protocols include Uniswap V3, PancakeSwap AMM, Uniswap V4, Curve DEX, Uniswap V2, PancakeSwap AMM V3, Fluid DEX, Aero Slipstream, THORChain DEX, and Aero Basic.
Has Swerve ever been exploited?
Swerve has 1 recorded security incident. The most recent incident occurred on Mar 25, 2023 and involved $1.3m. It was classified as Governance.