Total Value Locked$4,556
TVL by Chain
Arbitrum$4,556
The chart plots Staking as its own series; it is not part of the TVL above.
Key Metrics
Staked$118,363
Total Raised$1.7m
Feb 6, 2023$1.7mRound: SeedInvestors: Skycatcher, Dialectic, Space Whale Capital, Modular Capital, Portico Ventures, Ouroboros Capital, Owl Ventures, RenGen.io, Manifold Trading, Coinflip Canada, GMX, bizyugo, 0x_d24, DanDefiEd
Protocol Information
GammaSwap is a novel DeFi primitive built to scale liquidity in Automated Market Makers (AMMs) by creating permissionless and oracle free risk markets
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubCompetitors
GammaSwap Classic history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Sep 20, 2023 to Oct 28, 2026.
All-time high TVL: $777,025 on Oct 11, 2023. All-time low TVL: $71 on Sep 20, 2023.
Daily TVL, Sep 29, 2026 to Oct 28, 2026
| Date | TVL |
|---|---|
| Sep 29, 2026 | $4,939 |
| Sep 30, 2026 | $4,949 |
| Oct 1, 2026 | $4,962 |
| Oct 2, 2026 | $4,981 |
| Oct 3, 2026 | $4,956 |
| Oct 4, 2026 | $4,970 |
| Oct 5, 2026 | $5,012 |
| Oct 6, 2026 | $4,984 |
| Oct 7, 2026 | $4,962 |
| Oct 8, 2026 | $4,818 |
| Oct 9, 2026 | $4,705 |
| Oct 10, 2026 | $4,724 |
| Oct 11, 2026 | $4,746 |
| Oct 12, 2026 | $4,797 |
| Oct 13, 2026 | $4,630 |
| Oct 14, 2026 | $4,745 |
| Oct 15, 2026 | $4,571 |
| Oct 16, 2026 | $4,673 |
| Oct 17, 2026 | $4,646 |
| Oct 18, 2026 | $4,626 |
| Oct 19, 2026 | $4,628 |
| Oct 20, 2026 | $4,640 |
| Oct 21, 2026 | $4,680 |
| Oct 22, 2026 | $4,713 |
| Oct 23, 2026 | $4,615 |
| Oct 24, 2026 | $4,570 |
| Oct 25, 2026 | $4,559 |
| Oct 26, 2026 | $4,518 |
| Oct 27, 2026 | $4,505 |
| Oct 28, 2026 | $4,549 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $6,589 |
| Dec 31, 2024 | $6,016 |
| Jan 31, 2025 | $5,832 |
| Feb 28, 2025 | $4,531 |
| Mar 31, 2025 | $4,027 |
| Apr 30, 2025 | $4,040 |
| May 31, 2025 | $4,835 |
| Jun 30, 2025 | $4,867 |
| Jul 31, 2025 | $6,452 |
| Aug 31, 2025 | $7,242 |
| Sep 30, 2025 | $6,838 |
| Oct 31, 2025 | $6,346 |
| Nov 30, 2025 | $5,319 |
| Dec 31, 2025 | $5,276 |
| Jan 31, 2026 | $4,933 |
| Feb 28, 2026 | $3,987 |
| Mar 31, 2026 | $4,148 |
| Apr 30, 2026 | $4,390 |
| May 31, 2026 | $4,109 |
| Jun 30, 2026 | $3,570 |
| Jul 31, 2026 | $3,947 |
| Aug 31, 2026 | $4,556 |
| Sep 30, 2026 | $4,949 |
| Oct 28, 2026 (latest) | $4,549 |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $78,445 |
| Dec 31, 2024 | $6,016 |
| Dec 31, 2025 | $5,276 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/gammaswap-classic
Frequently asked questions
What is GammaSwap Classic's TVL?
As of Oct 28, 2026, GammaSwap Classic has $4,556 in total value locked. TVL has decreased 8.6% over the past 30 days.
What chains does GammaSwap Classic operate on?
GammaSwap Classic operates on Arbitrum. Arbitrum holds the largest share at 100%.
How does GammaSwap Classic's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, GammaSwap Classic ranks #178 by TVL. The category holds $1.979b across 426 protocols, and GammaSwap Classic accounts for <0.1% of that total. Similar protocols include GMX EVM, AZverse Perps, Apex Omni, Aevo Perps, MUX Perps, Antarctic, Contango V2, Gains Network, Ostium, and Evedex.