Total Value Locked$8.59m
TVL by Chain
Morph$8.59m
Key Metrics
Fees 30d$7,293
Fees 30d by chain
Morph$7,293
Fees 7d$2,006
Morph$2,006
Fees 24h$204
Morph$204
Cumulative Fees$237,090
Morph$237,090
Revenue 30d$691.30
Revenue 30d by chain
Morph$691.30
Revenue 7d$149.48
Morph$149.48
Revenue 24h$23.46
Morph$23.46
Cumulative Revenue$20,302
Morph$20,302
DEX Volume 30d$16.99m
DEX Volume 30d by chain
Morph$16.99m
DEX Volume 7d$5.56m
Morph$5.56m
DEX Volume 24h$452,925
Morph$452,925
Cumulative DEX Volume$237.28m
Morph$237.28m
Protocol Information
BulbaSwap, the central trading and liquidity marketplace on MorphL2
Sub Category: CLMM
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView 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: Sum of the value of all token swaps across BulbaSwap V3 pools.View code on GitHubCompetitors
BulbaSwap V3 history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Oct 30, 2024 to Oct 27, 2026.
All-time high TVL: $51.87m on Jun 11, 2025. All-time low TVL: $6,571 on Oct 30, 2024.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $9.07m |
| Sep 29, 2026 | $9.05m |
| Sep 30, 2026 | $9.03m |
| Oct 1, 2026 | $9.05m |
| Oct 2, 2026 | $9.07m |
| Oct 3, 2026 | $9.03m |
| Oct 4, 2026 | $9.05m |
| Oct 5, 2026 | $9.1m |
| Oct 6, 2026 | $9.09m |
| Oct 7, 2026 | $9.07m |
| Oct 8, 2026 | $8.9m |
| Oct 9, 2026 | $8.77m |
| Oct 10, 2026 | $8.79m |
| Oct 11, 2026 | $8.81m |
| Oct 12, 2026 | $8.85m |
| Oct 13, 2026 | $8.74m |
| Oct 14, 2026 | $8.82m |
| Oct 15, 2026 | $8.7m |
| Oct 16, 2026 | $8.73m |
| Oct 17, 2026 | $8.69m |
| Oct 18, 2026 | $8.66m |
| Oct 19, 2026 | $8.66m |
| Oct 20, 2026 | $8.65m |
| Oct 21, 2026 | $8.73m |
| Oct 22, 2026 | $8.78m |
| Oct 23, 2026 | $8.64m |
| Oct 24, 2026 | $8.63m |
| Oct 25, 2026 | $8.6m |
| Oct 26, 2026 | $8.56m |
| Oct 27, 2026 | $8.56m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $701,792 |
| Dec 31, 2024 | $1.08m |
| Jan 31, 2025 | $2.17m |
| Feb 28, 2025 | $13.03m |
| Mar 31, 2025 | $37.63m |
| Apr 30, 2025 | $43.33m |
| May 31, 2025 | $48.74m |
| Jun 30, 2025 | $15.7m |
| Jul 31, 2025 | $1.05m |
| Aug 31, 2025 | $2.34m |
| Sep 30, 2025 | $3.24m |
| Oct 31, 2025 | $7.29m |
| Nov 30, 2025 | $6.36m |
| Dec 31, 2025 | $6.27m |
| Jan 22, 2026 | $6.31m |
| Feb 28, 2026 | $6.01m |
| Mar 31, 2026 | $8.02m |
| Apr 30, 2026 | $7.37m |
| May 31, 2026 | $8.73m |
| Jun 30, 2026 | $7.76m |
| Jul 31, 2026 | $7.33m |
| Aug 31, 2026 | $8.09m |
| Sep 30, 2026 | $9.03m |
| Oct 27, 2026 (latest) | $8.56m |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $1.08m |
| Dec 31, 2025 | $6.27m |
Fees and revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Nov 2024 | $0 | $0 |
| Dec 2024 | $583 | $0 |
| Jan 2025 | $18,858 | $115 |
| Feb 2025 | $4,650 | $1,078 |
| Mar 2025 | $1,048 | $209 |
| Apr 2025 | $4,340 | $1,023 |
| May 2025 | $49,090 | $287 |
| Jun 2025 | $3,457 | $382 |
| Jul 2025 | $2,078 | $380 |
| Aug 2025 | $341 | $45 |
| Sep 2025 | $66,188 | $4,770 |
| Oct 2025 | $6,192 | $1,139 |
| Nov 2025 | $10,877 | $1,938 |
| Dec 2025 | $5,943 | $1,185 |
| Jan 2026 | $5,861 | $1,116 |
| Feb 2026 | $8,909 | $1,967 |
| Mar 2026 | $4,388 | $741 |
| Apr 2026 | $1,164 | $267 |
| May 2026 | $11,911 | $399.38 |
| Jun 2026 | $5,973 | $865.38 |
| Jul 2026 | $4,401 | $415 |
| Aug 2026 | $5,628 | $554.32 |
| Sep 2026 | $8,838 | $835.64 |
| Oct 2026 (to date) | $6,367 | $589.92 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/bulbaswap-v3
Frequently asked questions
What is BulbaSwap V3's TVL?
As of Oct 27, 2026, BulbaSwap V3 has $8.59m in total value locked. TVL has decreased 5.3% over the past 30 days.
What chains does BulbaSwap V3 operate on?
BulbaSwap V3 operates on Morph. Morph holds the largest share at 100%.
How much has BulbaSwap V3 generated in fees and revenue?
Over the past 30 days, BulbaSwap V3 generated $7,293 in fees. Of that, $691.30 was protocol revenue. Based on the trailing year, the annualized rate is $85,358 in fees and $11,590 in revenue.
How does BulbaSwap V3's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, BulbaSwap V3 ranks #85 by TVL. The category holds $13.523b across 1,923 protocols, and BulbaSwap V3 accounts for 0.1% of that total. Similar protocols include iZiSwap, AbstraDEX, BulbaSwap V2, MorFi, Momodrome, Uniswap V3, PancakeSwap AMM, Uniswap V4, Curve DEX, and Raydium AMM.
How much trading volume does BulbaSwap V3 process?
BulbaSwap V3 processed $16.99m in DEX volume over the past 30 days.