Logo of 4Swap

4Swap

Total Value Locked$493,941

TVL by Chain

Mixin$493,941

Key Metrics

Cumulative DEX Volume$821.25m
Cumulative DEX Volume by chain

Mixin$821.25m

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Protocol Information

Pando is a set of open financial protocols which includes 3 major protocols: 1.Pando Lake/4swap: a decentralized protocol for automated liquidity provision built with the Mixin Trusted Group. 2.Pando Leaf: a decentralized financial network to minting stablecoins. 3.Pando Rings: a decentralized protocol where you can lend or borrow cryptocurrencies

Category:Dexs

Sub Category: AMM

Audits:No

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubDEX Volume: Volume of all spot token swaps on the DEXView code on GitHub

Competitors

4Swap history

TVL is the default DefiLlama definition. Daily values are UTC snapshots from Dec 1, 2021 to Oct 22, 2026.

All-time high TVL: $374.12m on Jan 20, 2022. All-time low TVL: $77,424 on May 30, 2025.

Daily TVL, Sep 23, 2026 to Oct 22, 2026

DateTVL
Sep 23, 2026$494,161
Sep 24, 2026$494,159
Sep 25, 2026$494,077
Sep 26, 2026$494,144
Sep 27, 2026$494,159
Sep 28, 2026$494,121
Sep 29, 2026$494,098
Sep 30, 2026$494,099
Oct 1, 2026$493,994
Oct 2, 2026$494,124
Oct 3, 2026$494,190
Oct 4, 2026$494,169
Oct 5, 2026$494,168
Oct 6, 2026$494,201
Oct 7, 2026$494,194
Oct 8, 2026$494,044
Oct 9, 2026$493,895
Oct 10, 2026$493,862
Oct 11, 2026$493,839
Oct 12, 2026$493,812
Oct 13, 2026$493,822
Oct 14, 2026$493,950
Oct 15, 2026$493,797
Oct 16, 2026$493,768
Oct 17, 2026$493,771
Oct 18, 2026$493,819
Oct 19, 2026$493,865
Oct 20, 2026$493,838
Oct 21, 2026$493,865
Oct 22, 2026$493,941

TVL at each month end, Nov 2024 to Oct 2026

DateTVL
Nov 30, 2024$518,573
Dec 31, 2024$516,428
Jan 31, 2025$517,420
Feb 28, 2025$516,834
Mar 31, 2025$517,307
Apr 30, 2025$517,338
May 31, 2025$77,430
Jun 30, 2025$77,430
Jul 31, 2025$509,179
Aug 31, 2025$509,232
Sep 30, 2025$500,571
Oct 31, 2025$500,799
Nov 30, 2025$496,111
Dec 31, 2025$457,330
Jan 31, 2026$495,224
Feb 28, 2026$495,988
Mar 31, 2026$495,557
Apr 30, 2026$495,743
May 31, 2026$495,209
Jun 30, 2026$495,202
Jul 31, 2026$495,416
Aug 31, 2026$494,133
Sep 30, 2026$494,099
Oct 22, 2026 (latest)$493,941

TVL at each year end, Dec 31, 2021 to Dec 31, 2025

DateTVL
Dec 31, 2021$335.34m
Dec 31, 2022$45.47m
Dec 31, 2023$2.11m
Dec 31, 2024$516,428
Dec 31, 2025$457,330

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/4swap

Frequently asked questions

What is 4Swap's TVL?

As of Oct 22, 2026, 4Swap has $493,941 in total value locked. TVL has decreased <0.1% over the past 30 days.

What chains does 4Swap operate on?

4Swap operates on Mixin. Mixin holds the largest share at 100%.

How does 4Swap's TVL compare to similar protocols?

Among Dexs protocols tracked by DefiLlama, 4Swap ranks #324 by TVL. The category holds $13.498b across 1,923 protocols, and 4Swap accounts for <0.1% of that total. Similar protocols include Uniswap V3, PancakeSwap AMM, Uniswap V4, Curve DEX, Raydium AMM, Uniswap V2, PancakeSwap AMM V3, Bittensor dTAO, PumpSwap, and RocketSwap Anubis.