Ask about Bluefin · freeTotal Value Locked$14.23m
TVL by Chain
Sui$14.23m
Arbitrum$0
Key Metrics
Fees 30d$211,944
Fees 30d by chain
Sui$211,944
Fees 7d$29,789
Sui$29,789
Fees 24h$3,516
Sui$3,516
Cumulative Fees$48.79m
Sui$48.79m
Revenue 30d$65,888
Revenue 30d by chain
Sui$65,888
Revenue 7d$9,540
Sui$9,540
Revenue 24h$1,016
Sui$1,016
Cumulative Revenue$13.99m
Sui$13.99m
Cumulative Holders Revenue$0
Cumulative Holders Revenue by chain
Sui$0
Incentives 1y$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$3.76m
Earnings 30d$65,888
Earnings 7d$9,540
Earnings 24h$1,016
Cumulative Earnings$13.99m
DEX Volume 30d$202.32m
DEX Volume 30d by chain
Sui$202.32m
DEX Volume 7d$30.16m
Sui$30.16m
DEX Volume 24h$3.71m
Sui$3.71m
Cumulative DEX Volume$36.51b
Sui$36.51b
Cumulative DEX Aggregator Volume$7.999b
Perp Volume 30d$33.22m
Perp Volume 30d by chain
Sui$33.22m
Perp Volume 7d$5.67m
Sui$5.67m
Perp Volume 24h$392,711
Sui$392,711
Cumulative Perp Volume$65.459b
Sui$64.699b
Arbitrum$759.42m
Open Interest$813,471
Market Cap$5.19m
$BLUE Price$0.0082
Fully Diluted Valuation$8.23m
Outstanding FDV$8.02m
$BLUE Volume 24h$637,356
CEX Volume$1.12m
DEX Volume$273,437(42.9% of total)
Staked$804,478(15.51% of mcap)
Active Loans$0
Total Raised$4.3m
Nov 10, 2025$4.3mRound: StrategicInvestors: SUI Group
Protocol Information
Bluefin is a decentralized spot and derivatives exchange built for both professional and first-time traders. It focuses on security, transparency and redefining the user experience of using on-chain trading platforms - and is backed by Polychain, SIG, Brevan Howard, and other leading firms.
- Bluefin SpotDexs
- Bluefin ProDerivatives
- Bluefin LegacyDerivatives
- AlphaLendLending
- Bluefin7K AggregatorDEX Aggregator
Yields
Pools Tracked50
Average Supply APY48.4%
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
Holders Revenue:
DEX Volume: Volume of all spot token swaps on the DEX
DEX Aggregator Volume: Volume of all spot token swaps routed through the DEX aggregator
Perp Volume: Notional volume of all trades including leverage on the perp exchange
Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Bluefin history
TVL is the default DefiLlama definition, which excludes Active Loans and Staking. Daily values are UTC snapshots from Dec 25, 2022 to Oct 27, 2026.
All-time high TVL: $246.38m on Oct 7, 2025. All-time low TVL: $100 on Dec 25, 2022.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $15.04m |
| Sep 29, 2026 | $15m |
| Sep 30, 2026 | $13.06m |
| Oct 1, 2026 | $12.83m |
| Oct 2, 2026 | $14.69m |
| Oct 3, 2026 | $14.12m |
| Oct 4, 2026 | $13.01m |
| Oct 5, 2026 | $13.52m |
| Oct 6, 2026 | $14.84m |
| Oct 7, 2026 | $13.88m |
| Oct 8, 2026 | $14.31m |
| Oct 9, 2026 | $14.34m |
| Oct 10, 2026 | $14.85m |
| Oct 11, 2026 | $14.93m |
| Oct 12, 2026 | $15.04m |
| Oct 13, 2026 | $14.78m |
| Oct 14, 2026 | $15.18m |
| Oct 15, 2026 | $15.19m |
| Oct 16, 2026 | $14.73m |
| Oct 17, 2026 | $14.76m |
| Oct 18, 2026 | $14.87m |
| Oct 19, 2026 | $14.89m |
| Oct 20, 2026 | $14.48m |
| Oct 21, 2026 | $15.08m |
| Oct 22, 2026 | $14.71m |
| Oct 23, 2026 | $14.77m |
| Oct 24, 2026 | $14.52m |
| Oct 25, 2026 | $14.56m |
| Oct 26, 2026 | $14.69m |
| Oct 27, 2026 | $14.58m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $26.49m |
| Dec 31, 2024 | $94.24m |
| Jan 31, 2025 | $101.59m |
| Feb 28, 2025 | $71.79m |
| Mar 31, 2025 | $79.42m |
| Apr 30, 2025 | $96.72m |
| May 31, 2025 | $181.96m |
| Jun 30, 2025 | $167.61m |
| Jul 31, 2025 | $187.52m |
| Aug 31, 2025 | $204.63m |
| Sep 30, 2025 | $172.73m |
| Oct 31, 2025 | $219.28m |
| Nov 30, 2025 | $131.44m |
| Dec 31, 2025 | $147.71m |
| Jan 31, 2026 | $129.27m |
| Feb 28, 2026 | $93.01m |
| Mar 31, 2026 | $110.57m |
| Apr 30, 2026 | $94.49m |
| May 31, 2026 | $93.89m |
| Jun 30, 2026 | $24.1m |
| Jul 31, 2026 | $19.28m |
| Aug 31, 2026 | $19.83m |
| Sep 30, 2026 | $13.06m |
| Oct 27, 2026 (latest) | $14.58m |
TVL at each year end, Dec 31, 2022 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2022 | $134 |
| Dec 31, 2023 | $3.74m |
| Dec 31, 2024 | $94.24m |
| Dec 31, 2025 | $147.71m |
Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $497,829 | $73,887 | - |
| Dec 2024 | $3.24m | $1.29m | - |
| Jan 2025 | $3.27m | $1.24m | - |
| Feb 2025 | $2.08m | $691,036 | - |
| Mar 2025 | $1.61m | $559,013 | - |
| Apr 2025 | $2.21m | $653,049 | - |
| May 2025 | $2.66m | $713,097 | - |
| Jun 2025 | $2.4m | $696,524 | - |
| Jul 2025 | $3.7m | $1.08m | - |
| Aug 2025 | $3.24m | $1.07m | $0 |
| Sep 2025 | $3.06m | $1.12m | $0 |
| Oct 2025 | $3.18m | $1.22m | $0 |
| Nov 2025 | $2.46m | $978,839 | $0 |
| Dec 2025 | $1.68m | $573,953 | $0 |
| Jan 2026 | $1.58m | $624,587 | $0 |
| Feb 2026 | $857,441 | $330,569 | $0 |
| Mar 2026 | $772,690 | $254,758 | $0 |
| Apr 2026 | $580,224 | $191,860 | $0 |
| May 2026 | $780,001 | $244,996 | $0 |
| Jun 2026 | $357,730 | $136,163 | $0 |
| Jul 2026 | $145,526 | $62,706 | - |
| Aug 2026 | $157,211 | $58,003 | - |
| Sep 2026 | $260,867 | $80,217 | - |
| Oct 2026 (to date) | $171,262 | $53,496 | - |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/bluefin
Frequently asked questions
What is Bluefin's TVL?
As of Oct 27, 2026, Bluefin has $14.23m in total value locked. TVL has decreased 2.2% over the past 30 days.
What chains does Bluefin operate on?
Bluefin operates on 2 chains: Arbitrum and Sui. Sui holds the largest share at 100%.
How much has Bluefin generated in fees and revenue?
Over the past 30 days, Bluefin generated $211,944 in fees. Of that, $65,888 was protocol revenue. Based on the trailing year, the annualized rate is $10.26m in fees and $3.76m in revenue.
What is the BLUE token price and valuation?
BLUE is currently trading at $0.0082. Its circulating market capitalization is $5.19m, ranking it #1,938. Its fully diluted valuation is $8.23m. Supply currently stands at 629.86m circulating, 1b total supply, 1b maximum supply.
How has BLUE performed recently?
BLUE is down 8.7% over the past 7 days and down 26.6% over the past 30 days. Its all-time high is $0.86, reached on Dec 14, 2024. The token is currently 99% below that level.
Which protocols are included in Bluefin?
Bluefin is a parent protocol whose tracked products include Bluefin Spot, Bluefin Pro, Bluefin Legacy, AlphaLend, and Bluefin7K Aggregator.
How much has been borrowed through Bluefin?
As of Oct 27, 2026, Bluefin has $0 in active loans.