Ask about Xave Finance · freeProtocol Information
Xave Finance builds liquid FX markets for DeFi. Xave's core product is the FXPool, a custom liquidity pool that uses a novel FX Invariant to facilitate stablecoin swaps with no slippage.
Sub Category: AMM
Audits:
Methodology
TVL: sum of all the tokens locked in FX PoolsView code on GitHubHacks
Date: Oct 9, 2022
Classification: Governance
Technique: Malicious Proposal
An attacker submitted a fake verification message to Xave's oracle on October 8-9, 2022, enabling four malicious proposals to pass through the DaoModule. This resulted in the minting of an enormous amount of RNBW tokens sent to the attacker's address, which were then converted to xRNBW.
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Competitors
Xave Finance history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Nov 2, 2023 to Nov 3, 2026.
All-time high TVL: $2.81m on Nov 15, 2023. All-time low TVL: $15,300 on Dec 3, 2023.
Daily TVL, Oct 5, 2026 to Nov 3, 2026
| Date | TVL |
|---|---|
| Oct 5, 2026 | $149,260 |
| Oct 6, 2026 | $149,319 |
| Oct 7, 2026 | $149,390 |
| Oct 8, 2026 | $149,233 |
| Oct 9, 2026 | $149,222 |
| Oct 10, 2026 | $149,276 |
| Oct 11, 2026 | $149,256 |
| Oct 12, 2026 | $149,346 |
| Oct 13, 2026 | $149,258 |
| Oct 14, 2026 | $149,315 |
| Oct 15, 2026 | $148,233 |
| Oct 16, 2026 | $148,303 |
| Oct 17, 2026 | $148,402 |
| Oct 18, 2026 | $148,417 |
| Oct 19, 2026 | $148,433 |
| Oct 20, 2026 | $148,476 |
| Oct 21, 2026 | $148,501 |
| Oct 22, 2026 | $148,528 |
| Oct 23, 2026 | $148,513 |
| Oct 24, 2026 | $148,484 |
| Oct 25, 2026 | $148,477 |
| Oct 26, 2026 | $148,477 |
| Oct 27, 2026 | $148,335 |
| Oct 28, 2026 | $148,338 |
| Oct 29, 2026 | $148,347 |
| Oct 30, 2026 | $148,383 |
| Oct 31, 2026 | $148,526 |
| Nov 1, 2026 | $144,811 |
| Nov 2, 2026 | $144,757 |
| Nov 3, 2026 | $144,711 |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $562,638 |
| Jan 31, 2025 | $409,229 |
| Feb 28, 2025 | $412,216 |
| Mar 31, 2025 | $412,766 |
| Apr 30, 2025 | $421,494 |
| May 31, 2025 | $426,739 |
| Jun 30, 2025 | $422,170 |
| Jul 31, 2025 | $420,444 |
| Aug 31, 2025 | $423,751 |
| Sep 30, 2025 | $149,142 |
| Oct 31, 2025 | $148,142 |
| Nov 30, 2025 | $148,365 |
| Dec 31, 2025 | $148,804 |
| Jan 31, 2026 | $149,881 |
| Feb 28, 2026 | $150,096 |
| Mar 31, 2026 | $148,964 |
| Apr 30, 2026 | $149,519 |
| May 31, 2026 | $148,572 |
| Jun 30, 2026 | $148,194 |
| Jul 31, 2026 | $148,627 |
| Aug 31, 2026 | $149,219 |
| Sep 30, 2026 | $149,318 |
| Oct 31, 2026 | $148,526 |
| Nov 3, 2026 (latest) | $144,711 |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $1.34m |
| Dec 31, 2024 | $562,638 |
| Dec 31, 2025 | $148,804 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/xave-finance
Frequently asked questions
What is Xave Finance's TVL?
As of Nov 3, 2026, Xave Finance has $144,709 in total value locked. TVL has decreased 3.1% over the past 30 days.
What chains does Xave Finance operate on?
Xave Finance operates on 3 chains: Polygon, Avalanche, and Ethereum. Polygon holds the largest share at 93.2%.
How does Xave Finance's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Xave Finance ranks #494 by TVL. The category holds $12.664b across 1,927 protocols, and Xave Finance accounts for <0.1% of that total. Similar protocols include Uniswap V3, Uniswap V4, Curve DEX, Uniswap V2, SushiSwap V3, SushiSwap, Metric V1, Balancer V2, DODO AMM, and Frax Swap.
Has Xave Finance ever been exploited?
Xave Finance has 1 recorded security incident. The most recent incident occurred on Oct 9, 2022. It was classified as Governance.