Total Value Locked$1.09m
TVL by Chain
Ethereum$618,802
Sei$429,865
Coti$31,642
Celo$5,789
TAC$121.39
Key Metrics
Fees 30d$3,930
Fees 30d by chain
Sei$3,822
Coti$66.61
Ethereum$40.09
Celo$0.73
TAC$0.23
Fees 7d$544.59
Sei$503
Coti$31.63
Ethereum$9.63
Celo$0.15
TAC$0
Fees 24h$51.27
Sei$43
Coti$6.92
Ethereum$1.35
Celo$0
TAC$0
Cumulative Fees$378,285
Sei$220,419
Celo$114,619
Ethereum$19,711
TAC$16,836
Coti$6,700
Revenue 30d$3,930
Revenue 30d by chain
Sei$3,822
Coti$66.61
Ethereum$40.09
Celo$0.73
TAC$0.23
Revenue 7d$544.59
Sei$503
Coti$31.63
Ethereum$9.63
Celo$0.15
TAC$0
Revenue 24h$51.27
Sei$43
Coti$6.92
Ethereum$1.35
Celo$0
TAC$0
Cumulative Revenue$378,285
Sei$220,419
Celo$114,619
Ethereum$19,711
TAC$16,836
Coti$6,700
DEX Volume 30d$1.06m
DEX Volume 30d by chain
Sei$945,879
Ethereum$81,799
Coti$33,230
Celo$378.05
TAC$118.10
DEX Volume 7d$147,401
Sei$123,218
Coti$15,821
Ethereum$8,284
Celo$77.62
TAC$0.38
DEX Volume 24h$15,027
Sei$10,901
Coti$3,450
Ethereum$675
Celo$0.84
TAC$0.38
Cumulative DEX Volume$313.69m
Sei$173.41m
Celo$114.95m
Ethereum$13.61m
TAC$8.4m
Coti$3.32m
Protocol Information
Carbon is a decentralized trading protocol allowing users to perform automated trading strategies using custom on-chain limit orders and range orders
Sub Category: AMM
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Fee data is sourced from the CarbonDeFi Analytics API, which aggregates feesUsd metrics from all trading fees collected by the protocol.View code on GitHubRevenue: Percentage of swap fees going to treasury and/or token holdersView code on GitHubDEX Volume: Volume data is sourced from the CarbonDeFi Analytics API, which aggregates volumeUsd metrics from all swaps on the protocol.View code on GitHubCompetitors
Carbon Defi history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Apr 21, 2023 to Oct 27, 2026.
All-time high TVL: $11.46m on Sep 17, 2025. All-time low TVL: $49,712 on Apr 21, 2023.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $1.38m |
| Sep 29, 2026 | $1.34m |
| Sep 30, 2026 | $1.33m |
| Oct 1, 2026 | $1.33m |
| Oct 2, 2026 | $1.33m |
| Oct 3, 2026 | $1.34m |
| Oct 4, 2026 | $1.36m |
| Oct 5, 2026 | $1.37m |
| Oct 6, 2026 | $1.37m |
| Oct 7, 2026 | $1.35m |
| Oct 8, 2026 | $1.32m |
| Oct 9, 2026 | $1.28m |
| Oct 10, 2026 | $1.29m |
| Oct 11, 2026 | $1.3m |
| Oct 12, 2026 | $1.29m |
| Oct 13, 2026 | $1.24m |
| Oct 14, 2026 | $1.27m |
| Oct 15, 2026 | $1.23m |
| Oct 16, 2026 | $1.25m |
| Oct 17, 2026 | $1.25m |
| Oct 18, 2026 | $1.22m |
| Oct 19, 2026 | $1.23m |
| Oct 20, 2026 | $1.22m |
| Oct 21, 2026 | $1.22m |
| Oct 22, 2026 | $1.23m |
| Oct 23, 2026 | $1.17m |
| Oct 24, 2026 | $1.16m |
| Oct 25, 2026 | $1.1m |
| Oct 26, 2026 | $1.09m |
| Oct 27, 2026 | $1.09m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $3.97m |
| Dec 31, 2024 | $3.37m |
| Jan 31, 2025 | $3.41m |
| Feb 28, 2025 | $2.96m |
| Mar 31, 2025 | $2.57m |
| Apr 30, 2025 | $2.93m |
| May 31, 2025 | $2.74m |
| Jun 30, 2025 | $3.39m |
| Jul 31, 2025 | $8.22m |
| Aug 31, 2025 | $7.58m |
| Sep 30, 2025 | $7.75m |
| Oct 31, 2025 | $5.47m |
| Nov 30, 2025 | $4.4m |
| Dec 31, 2025 | $4.12m |
| Jan 31, 2026 | $3.45m |
| Feb 28, 2026 | $2.76m |
| Mar 31, 2026 | $2.25m |
| Apr 30, 2026 | $2.56m |
| May 31, 2026 | $2.87m |
| Jun 30, 2026 | $2.28m |
| Jul 31, 2026 | $1.34m |
| Aug 31, 2026 | $1.48m |
| Sep 30, 2026 | $1.33m |
| Oct 27, 2026 (latest) | $1.09m |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $1.74m |
| Dec 31, 2024 | $3.37m |
| Dec 31, 2025 | $4.12m |
Fees and revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Nov 2024 | $26,568 | $26,568 |
| Dec 2024 | $22,542 | $22,542 |
| Jan 2025 | $25,078 | $25,078 |
| Feb 2025 | $25,592 | $25,592 |
| Mar 2025 | $16,541 | $16,541 |
| Apr 2025 | $15,847 | $15,847 |
| May 2025 | $15,433 | $15,433 |
| Jun 2025 | $21,795 | $21,795 |
| Jul 2025 | $33,921 | $33,921 |
| Aug 2025 | $13,506 | $13,506 |
| Sep 2025 | $10,771 | $10,771 |
| Oct 2025 | $23,471 | $23,471 |
| Nov 2025 | $19,528 | $19,528 |
| Dec 2025 | $11,930 | $11,930 |
| Jan 2026 | $10,883 | $10,883 |
| Feb 2026 | $8,688 | $8,688 |
| Mar 2026 | $5,612 | $5,612 |
| Apr 2026 | $4,567 | $4,567 |
| May 2026 | $3,679 | $3,679 |
| Jun 2026 | $4,267 | $4,267 |
| Jul 2026 | $1,450 | $1,450 |
| Aug 2026 | $2,715 | $2,715 |
| Sep 2026 | $7,390 | $7,390 |
| Oct 2026 (to date) | $2,487 | $2,487 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/carbon-defi
Frequently asked questions
What is Carbon Defi's TVL?
As of Oct 27, 2026, Carbon Defi has $1.09m in total value locked. TVL has decreased 22.4% over the past 30 days.
What chains does Carbon Defi operate on?
Carbon Defi operates on 5 chains: Ethereum, Sei, Coti, Celo, and TAC. Ethereum holds the largest share at 57%.
How much has Carbon Defi generated in fees and revenue?
Over the past 30 days, Carbon Defi generated $3,930 in fees. Of that, $3,930 was protocol revenue. Based on the trailing year, the annualized rate is $85,569 in fees and $85,569 in revenue.
How does Carbon Defi's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Carbon Defi ranks #229 by TVL. The category holds $13.402b across 1,923 protocols, and Carbon Defi accounts for <0.1% of that total. Similar protocols include Uniswap V3, Curve DEX, Uniswap V4, Uniswap V2, SushiSwap, Textile FX, AutoRange, Gyroscope Protocol, PancakeSwap AMM, and PancakeSwap AMM V3.
How much trading volume does Carbon Defi process?
Carbon Defi processed $1.06m in DEX volume over the past 30 days.

