Ask about Axial · freeTotal Value Locked$8,270
TVL by Chain
Avalanche$8,270
Key Metrics
Fees 30d$79.29
Fees 30d by chain
Avalanche$79.29
Fees 7d$2.04
Avalanche$2.04
Fees 24h$0.23
Avalanche$0.23
Cumulative Fees$22,374
Avalanche$22,374
Revenue 30d$79.29
Revenue 30d by chain
Avalanche$79.29
Revenue 7d$2.04
Avalanche$2.04
Revenue 24h$0.23
Avalanche$0.23
Cumulative Revenue$22,367
Avalanche$22,367
DEX Volume 30d$7,895
DEX Volume 30d by chain
Avalanche$7,895
DEX Volume 7d$204.45
Avalanche$204.45
DEX Volume 24h$18
Avalanche$18
Cumulative DEX Volume$9.48m
Avalanche$9.48m
Protocol Information
Axial is creating the new center for liquidity on Avalanche. It is an implementation of the Stableswap mechanism and decentralized governance. As the centerpiece for liquidity of value-pegged assets, bridged and native assets will have a home and route throughout the Avalanche ecosystem. Axial was launched in November of 2021, and is one of many projects originating from the Snowball DAO.
Sub Category: StableSwap
Methodology
TVL: Our TVL is the value of the tokens within the Axial pools, and the Axial LP tokens within our rewards pools MasterChefView code on GitHubFees: Swap fees paid by usersView code on GitHubRevenue: Percentage of swap fees going to treasury and/or token holdersView code on GitHubDEX Volume: Volume of all spot token swaps on the DEXView code on GitHubCompetitors
Axial history
TVL is the default DefiLlama definition, which excludes Pool2. Daily values are UTC snapshots from Nov 16, 2021 to Oct 28, 2026.
All-time high TVL: $92.12m on Nov 26, 2021. All-time low TVL: $6,755 on Sep 28, 2026.
Daily TVL, Sep 29, 2026 to Oct 28, 2026
| Date | TVL |
|---|---|
| Sep 29, 2026 | $7,124 |
| Sep 30, 2026 | $8,284 |
| Oct 1, 2026 | $8,468 |
| Oct 2, 2026 | $8,414 |
| Oct 3, 2026 | $8,375 |
| Oct 4, 2026 | $8,312 |
| Oct 5, 2026 | $8,356 |
| Oct 6, 2026 | $7,677 |
| Oct 7, 2026 | $8,385 |
| Oct 8, 2026 | $8,544 |
| Oct 9, 2026 | $8,429 |
| Oct 10, 2026 | $8,619 |
| Oct 11, 2026 | $8,753 |
| Oct 12, 2026 | $8,970 |
| Oct 13, 2026 | $8,950 |
| Oct 14, 2026 | $9,787 |
| Oct 15, 2026 | $9,817 |
| Oct 16, 2026 | $9,717 |
| Oct 17, 2026 | $9,735 |
| Oct 18, 2026 | $9,688 |
| Oct 19, 2026 | $9,385 |
| Oct 20, 2026 | $9,422 |
| Oct 21, 2026 | $9,487 |
| Oct 22, 2026 | $9,268 |
| Oct 23, 2026 | $8,960 |
| Oct 24, 2026 | $8,840 |
| Oct 25, 2026 | $9,037 |
| Oct 26, 2026 | $8,965 |
| Oct 27, 2026 | $8,222 |
| Oct 28, 2026 | $8,269 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $2.17m |
| Dec 31, 2024 | $2.17m |
| Jan 31, 2025 | $2.17m |
| Feb 28, 2025 | $2.17m |
| Mar 31, 2025 | $2.14m |
| Apr 30, 2025 | $2.14m |
| May 31, 2025 | $2.14m |
| Jun 30, 2025 | $2.14m |
| Jul 31, 2025 | $2.14m |
| Aug 31, 2025 | $2.14m |
| Sep 30, 2025 | $2.15m |
| Oct 31, 2025 | $2.14m |
| Nov 30, 2025 | $2.14m |
| Dec 31, 2025 | $2.15m |
| Jan 31, 2026 | $2.15m |
| Feb 28, 2026 | $37,186 |
| Mar 31, 2026 | $38,120 |
| Apr 30, 2026 | $37,918 |
| May 31, 2026 | $37,906 |
| Jun 30, 2026 | $22,430 |
| Jul 31, 2026 | $11,408 |
| Aug 31, 2026 | $10,028 |
| Sep 30, 2026 | $8,284 |
| Oct 28, 2026 (latest) | $8,269 |
TVL at each year end, Dec 31, 2021 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2021 | $34.21m |
| Dec 31, 2022 | $2.24m |
| Dec 31, 2023 | $2.22m |
| Dec 31, 2024 | $2.17m |
| Dec 31, 2025 | $2.15m |
Fees and revenue by UTC calendar month, Oct 2024 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Oct 2024 | $279 | $279 |
| Nov 2024 | $630 | $630 |
| Dec 2024 | $2,875 | $2,875 |
| Feb 2025 | $4,158 | $4,158 |
| Mar 2025 | $1,096 | $1,096 |
| Apr 2025 | $1,303 | $1,303 |
| May 2025 | $1,000 | $1,000 |
| Jun 2025 | $1,029 | $1,029 |
| Jul 2025 | $727 | $727 |
| Aug 2025 | $263 | $263 |
| Sep 2025 | $205 | $205 |
| Oct 2025 | $1,927 | $1,927 |
| Nov 2025 | $2,264 | $2,264 |
| Dec 2025 | $1,021 | $1,021 |
| Jan 2026 | $809 | $809 |
| Feb 2026 | $1,352 | $1,352 |
| Mar 2026 | $78 | $78 |
| Apr 2026 | $18 | $18 |
| May 2026 | $47.81 | $47.81 |
| Jun 2026 | $886.82 | $886.82 |
| Jul 2026 | $141.27 | $141.27 |
| Aug 2026 | $33.67 | $33.67 |
| Sep 2026 | $153.73 | $153.73 |
| Oct 2026 (to date) | $68.01 | $68.01 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/axial
Frequently asked questions
What is Axial's TVL?
As of Oct 28, 2026, Axial has $8,270 in total value locked. TVL has increased 22.4% over the past 30 days.
What chains does Axial operate on?
Axial operates on Avalanche. Avalanche holds the largest share at 100%.
How much has Axial generated in fees and revenue?
Over the past 30 days, Axial generated $79.29 in fees. Of that, $79.29 was protocol revenue. Based on the trailing year, the annualized rate is $6,945 in fees and $6,945 in revenue.
How does Axial's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Axial ranks #1,042 by TVL. The category holds $13.47b across 1,923 protocols, and Axial accounts for <0.1% of that total. Similar protocols include Uniswap V3, Uniswap V4, Curve DEX, Uniswap V2, THORChain DEX, SushiSwap V3, SushiSwap, Pharaoh V3, Metric V1, and Balancer V2.
How much trading volume does Axial process?
Axial processed $7,895 in DEX volume over the past 30 days.