Ask about The Arena · freeTotal Value Locked$1.95m
TVL by Chain
Avalanche$1.95m
Key Metrics
Fees 30d$3,543
Fees 30d by chain
Avalanche$2,539
Hyperliquid L1$1,004
Fees 7d$530.60
Avalanche$364.60
Hyperliquid L1$166
Fees 24h$56.40
Hyperliquid L1$29
Avalanche$27.40
Cumulative Fees$5.83m
Avalanche$5.65m
Hyperliquid L1$176,476
Revenue 30d$2,186
Revenue 30d by chain
Avalanche$1,182
Hyperliquid L1$1,004
Revenue 7d$328.49
Hyperliquid L1$166
Avalanche$162.49
Revenue 24h$54.28
Hyperliquid L1$29
Avalanche$25.28
Cumulative Revenue$3.2m
Avalanche$3.03m
Hyperliquid L1$176,476
Holders Revenue 30d$0
Holders Revenue 30d by chain
Avalanche$0
Hyperliquid L1$0
Holders Revenue 7d$0
Avalanche$0
Hyperliquid L1$0
Holders Revenue 24h$0
Avalanche$0
Hyperliquid L1$0
Cumulative Holders Revenue$2.88
Avalanche$2.88
Hyperliquid L1$0
DEX Volume 30d$279,619
DEX Volume 30d by chain
Avalanche$279,619
DEX Volume 7d$29,023
Avalanche$29,023
DEX Volume 24h$8,175
Avalanche$8,175
Cumulative DEX Volume$558.79m
Avalanche$558.79m
Perp Volume 30d$1.11m
Perp Volume 30d by chain
Hyperliquid L1$1.11m
Perp Volume 7d$189,046
Hyperliquid L1$189,046
Perp Volume 24h$33,309
Hyperliquid L1$33,309
Cumulative Perp Volume$176.99m
Hyperliquid L1$176.99m
Market Cap$3.76m
$ARENA Price$0.00059
Fully Diluted Valuation$5.85m
$ARENA Volume 24h$30,761
CEX Volume$0
DEX Volume$34,744(112.95% of total)
Total Raised$2m
Oct 15, 2024$2mRound: Pre-SeedInvestors: Blizzard Fund, Abstract Ventures, D1 Capital, C Squared, Sarson Funds, Alpha Crypto
Protocol Information
The Arena is a next gen SocialFi app redefining how creators connect, engage, and monetize their content
- Arena DEXDexs
- Arena SocialFiSoFi
- Arena LaunchLaunchpad
- Arena PerpsInterface
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
DEX Volume: Volume of all spot token swaps on the DEX
Perp Volume: Notional volume of all trades including leverage on the perp exchange
Hacks
Date: Oct 7, 2023
Protocol: Arena SocialFi
Amount: $2.97m
Classification: Reentrancy
Technique: Reentrancy
Chains: Avalanche
Language: Solidity
Target Type: Other
The Arena history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Sep 27, 2023 to Oct 25, 2026.
All-time high TVL: $11.81m on Sep 19, 2025. All-time low TVL: $33,706 on Sep 27, 2023.
Daily TVL, Sep 26, 2026 to Oct 25, 2026
| Date | TVL |
|---|---|
| Sep 26, 2026 | $2.4m |
| Sep 27, 2026 | $2.46m |
| Sep 28, 2026 | $2.42m |
| Sep 29, 2026 | $2.42m |
| Sep 30, 2026 | $2.57m |
| Oct 1, 2026 | $2.44m |
| Oct 2, 2026 | $2.48m |
| Oct 3, 2026 | $2.44m |
| Oct 4, 2026 | $2.5m |
| Oct 5, 2026 | $2.5m |
| Oct 6, 2026 | $2.5m |
| Oct 7, 2026 | $2.59m |
| Oct 8, 2026 | $2.47m |
| Oct 9, 2026 | $2.26m |
| Oct 10, 2026 | $2.3m |
| Oct 11, 2026 | $2.31m |
| Oct 12, 2026 | $2.44m |
| Oct 13, 2026 | $2.23m |
| Oct 14, 2026 | $2.28m |
| Oct 15, 2026 | $2.22m |
| Oct 16, 2026 | $2.23m |
| Oct 17, 2026 | $2.21m |
| Oct 18, 2026 | $2.17m |
| Oct 19, 2026 | $2.15m |
| Oct 20, 2026 | $2.12m |
| Oct 21, 2026 | $2.17m |
| Oct 22, 2026 | $2.14m |
| Oct 23, 2026 | $2.02m |
| Oct 24, 2026 | $2m |
| Oct 25, 2026 | $1.99m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $1.56m |
| Dec 31, 2024 | $1.11m |
| Jan 31, 2025 | $1m |
| Feb 28, 2025 | $818,698 |
| Mar 31, 2025 | $681,439 |
| Apr 30, 2025 | $733,961 |
| May 31, 2025 | $4.16m |
| Jun 30, 2025 | $8.81m |
| Jul 31, 2025 | $8.98m |
| Aug 31, 2025 | $7.85m |
| Sep 30, 2025 | $9.77m |
| Oct 31, 2025 | $5.67m |
| Nov 30, 2025 | $4.33m |
| Dec 31, 2025 | $3.37m |
| Jan 31, 2026 | $2.79m |
| Feb 28, 2026 | $2.26m |
| Mar 31, 2026 | $2.15m |
| Apr 30, 2026 | $2.2m |
| May 31, 2026 | $2.09m |
| Jun 30, 2026 | $1.54m |
| Jul 31, 2026 | $1.54m |
| Aug 31, 2026 | $1.65m |
| Sep 30, 2026 | $2.57m |
| Oct 25, 2026 (latest) | $1.99m |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $690,575 |
| Dec 31, 2024 | $1.11m |
| Dec 31, 2025 | $3.37m |
Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $545,436 | $109,098 | - |
| Dec 2024 | $135,547 | $28,870 | - |
| Jan 2025 | $131,165 | $30,525 | - |
| Feb 2025 | $221,323 | $55,080 | - |
| Mar 2025 | $122,457 | $30,129 | - |
| Apr 2025 | $43,110 | $10,375 | - |
| May 2025 | $519,345 | $461,529 | $0 |
| Jun 2025 | $1.51m | $1.38m | $0 |
| Jul 2025 | $390,220 | $327,795 | $0 |
| Aug 2025 | $114,705 | $85,321 | $0 |
| Sep 2025 | $166,573 | $107,359 | $0 |
| Oct 2025 | $64,285 | $37,612 | $0 |
| Nov 2025 | $23,917 | $14,651 | $0 |
| Dec 2025 | $20,031 | $8,744 | $0 |
| Jan 2026 | $45,181 | $38,096 | $0 |
| Feb 2026 | $52,997 | $49,380 | $0 |
| Mar 2026 | $46,413 | $44,881 | $0 |
| Apr 2026 | $17,933 | $16,561 | $0 |
| May 2026 | $25,380 | $23,776 | $2.88 |
| Jun 2026 | $11,608 | $10,377 | $0 |
| Jul 2026 | $6,725 | $4,357 | $0 |
| Aug 2026 | $5,865 | $3,845 | $0 |
| Sep 2026 | $9,543 | $7,879 | $0 |
| Oct 2026 (to date) | $2,943 | $1,701 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/the-arena
Frequently asked questions
What is The Arena's TVL?
As of Oct 25, 2026, The Arena has $1.95m in total value locked. TVL has decreased 15.5% over the past 30 days.
What chains does The Arena operate on?
The Arena operates on 2 chains: Avalanche and Hyperliquid L1. Avalanche holds the largest share at 100%.
How much has The Arena generated in fees and revenue?
Over the past 30 days, The Arena generated $3,543 in fees. Of that, $2,186 was protocol revenue. Based on the trailing year, the annualized rate is $274,565 in fees and $228,222 in revenue.
What is the ARENA token price and valuation?
ARENA is currently trading at $0.00059. Its circulating market capitalization is $3.76m, ranking it #2,197. Its fully diluted valuation is $5.85m. Supply currently stands at 6.415b circulating, 9.994b total supply, 10b maximum supply.
How has ARENA performed recently?
ARENA is down 15.2% over the past 7 days and down 30.7% over the past 30 days. Its all-time high is $0.027, reached on Jun 9, 2025. The token is currently 97.8% below that level.
Which protocols are included in The Arena?
The Arena is a parent protocol whose tracked products include Arena DEX, Arena SocialFi, Arena Launch, and Arena Perps.
How much trading volume does The Arena process?
The Arena processed $279,619 in DEX volume over the past 30 days.
Has The Arena ever been exploited?
The Arena has 1 recorded security incident. The most recent incident occurred on Oct 7, 2023 and involved $2.97m. It was classified as Reentrancy.