Ask about Merchant Moe · freeTotal Value Locked$12.03m
TVL by Chain
Mantle$12.03m
Key Metrics
Fees 30d$7,594
Fees 30d by chain
Mantle$7,594
Fees 7d$1,786
Mantle$1,786
Fees 24h$200.80
Mantle$200.80
Cumulative Fees$7.83m
Mantle$7.83m
Revenue 30d$1,867
Revenue 30d by chain
Mantle$1,867
Revenue 7d$441.30
Mantle$441.30
Revenue 24h$49.97
Mantle$49.97
Cumulative Revenue$1.54m
Mantle$1.54m
Holders Revenue 30d$1,814
Holders Revenue 30d by chain
Mantle$1,814
Holders Revenue 7d$430.90
Mantle$430.90
Holders Revenue 24h$49.34
Mantle$49.34
Cumulative Holders Revenue$1.45m
Mantle$1.45m
DEX Volume 30d$8.09m
DEX Volume 30d by chain
Mantle$8.09m
DEX Volume 7d$2.99m
Mantle$2.99m
DEX Volume 24h$494,117
Mantle$494,117
Cumulative DEX Volume$10.087b
Mantle$10.087b
Market Cap$1.65m
$MOE Price$0.0088
Fully Diluted Valuation$3.93m
$MOE Volume 24h$4,222
CEX Volume$0
DEX Volume$4,229(100.17% of total)
Protocol Information
Decentralized Trading powered by Mantle
- Merchant Moe DEXDexs
User Activity
Active Addresses (24h)90
Transactions (24h)1,143
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
Competitors
Merchant Moe history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jan 10, 2024 to Oct 27, 2026.
All-time high TVL: $173.66m on Nov 12, 2024. All-time low TVL: $10.72m on Aug 16, 2026.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $13.42m |
| Sep 29, 2026 | $13.33m |
| Sep 30, 2026 | $13.32m |
| Oct 1, 2026 | $13.48m |
| Oct 2, 2026 | $13.45m |
| Oct 3, 2026 | $13.26m |
| Oct 4, 2026 | $13.25m |
| Oct 5, 2026 | $13.4m |
| Oct 6, 2026 | $13.31m |
| Oct 7, 2026 | $13.03m |
| Oct 8, 2026 | $12.77m |
| Oct 9, 2026 | $12.46m |
| Oct 10, 2026 | $12.46m |
| Oct 11, 2026 | $12.57m |
| Oct 12, 2026 | $12.61m |
| Oct 13, 2026 | $12.33m |
| Oct 14, 2026 | $12.43m |
| Oct 15, 2026 | $12.19m |
| Oct 16, 2026 | $12.27m |
| Oct 17, 2026 | $12.28m |
| Oct 18, 2026 | $12.19m |
| Oct 19, 2026 | $12.21m |
| Oct 20, 2026 | $12.21m |
| Oct 21, 2026 | $12.33m |
| Oct 22, 2026 | $12.48m |
| Oct 23, 2026 | $12.17m |
| Oct 24, 2026 | $12.14m |
| Oct 25, 2026 | $12.02m |
| Oct 26, 2026 | $11.99m |
| Oct 27, 2026 | $11.95m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $167.52m |
| Dec 31, 2024 | $123.24m |
| Jan 31, 2025 | $101.55m |
| Feb 28, 2025 | $68.78m |
| Mar 31, 2025 | $84.36m |
| Apr 30, 2025 | $85.07m |
| May 31, 2025 | $84.95m |
| Jun 30, 2025 | $83.69m |
| Jul 31, 2025 | $93.14m |
| Aug 31, 2025 | $94.03m |
| Sep 30, 2025 | $73.27m |
| Oct 31, 2025 | $66.88m |
| Nov 30, 2025 | $60.97m |
| Dec 31, 2025 | $59.79m |
| Jan 31, 2026 | $57.87m |
| Feb 28, 2026 | $53.65m |
| Mar 31, 2026 | $43.33m |
| Apr 30, 2026 | $37.69m |
| May 31, 2026 | $36.33m |
| Jun 30, 2026 | $19.07m |
| Jul 31, 2026 | $11.35m |
| Aug 31, 2026 | $12.43m |
| Sep 30, 2026 | $13.32m |
| Oct 27, 2026 (latest) | $11.95m |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $123.24m |
| Dec 31, 2025 | $59.79m |
Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $446,600 | $88,655 | $86,055 |
| Dec 2024 | $496,861 | $91,906 | $89,801 |
| Jan 2025 | $481,001 | $85,045 | $82,095 |
| Feb 2025 | $435,404 | $77,818 | $76,541 |
| Mar 2025 | $346,160 | $64,429 | $63,684 |
| Apr 2025 | $189,289 | $35,269 | $34,724 |
| May 2025 | $238,061 | $43,810 | $43,249 |
| Jun 2025 | $185,788 | $42,251 | $41,898 |
| Jul 2025 | $301,059 | $70,675 | $70,230 |
| Aug 2025 | $583,146 | $135,607 | $134,356 |
| Sep 2025 | $591,871 | $144,251 | $142,461 |
| Oct 2025 | $524,091 | $129,849 | $127,498 |
| Nov 2025 | $230,583 | $57,371 | $56,827 |
| Dec 2025 | $170,348 | $42,465 | $42,233 |
| Jan 2026 | $127,812 | $31,862 | $31,681 |
| Feb 2026 | $205,975 | $51,410 | $51,269 |
| Mar 2026 | $48,957 | $12,160 | $12,081 |
| Apr 2026 | $29,220 | $7,220 | $7,176 |
| May 2026 | $28,984 | $7,188 | $7,115 |
| Jun 2026 | $42,755 | $10,664 | $10,614 |
| Jul 2026 | $18,667 | $4,653 | $4,618 |
| Aug 2026 | $26,725 | $6,618 | $6,504 |
| Sep 2026 | $6,605 | $1,591 | $1,490 |
| Oct 2026 (to date) | $7,326 | $1,803 | $1,756 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/merchant-moe
Frequently asked questions
What is Merchant Moe's TVL?
As of Oct 27, 2026, Merchant Moe has $12.03m in total value locked. TVL has decreased 10.6% over the past 30 days.
What chains does Merchant Moe operate on?
Merchant Moe operates on Mantle. Mantle holds the largest share at 100%.
How much has Merchant Moe generated in fees and revenue?
Over the past 30 days, Merchant Moe generated $7,594 in fees. Of that, $1,867 was protocol revenue. Based on the trailing year, the annualized rate is $981,444 in fees and $244,326 in revenue.
What is the MOE token price and valuation?
MOE is currently trading at $0.0088. Its circulating market capitalization is $1.66m, ranking it #2,928. Its fully diluted valuation is $3.96m. Supply currently stands at 188.6m circulating, 450.33m total supply, 500m maximum supply.
How has MOE performed recently?
MOE is down 2.2% over the past 7 days and down 17.5% over the past 30 days. Its all-time high is $0.51, reached on Jan 11, 2024. The token is currently 98.3% below that level.
How does Merchant Moe's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Merchant Moe ranks #72 by TVL. The category holds $13.506b across 1,922 protocols, and Merchant Moe accounts for 0.1% of that total. Similar protocols include Uniswap V3, Curve DEX, Agni Finance, DODO AMM, Fluxion Network, WOOFi Swap, iZiSwap, Clipper, Swaap Maker V2, and FusionX V3.
How much trading volume does Merchant Moe process?
Merchant Moe processed $8.09m in DEX volume over the past 30 days.