Total Value Locked$1.04m
TVL by Chain
Metis$1.04m
Key Metrics
Fees 30d$7,098
Fees 30d by chain
Metis$7,098
Fees 7d$1,551
Metis$1,551
Fees 24h$166
Metis$166
Cumulative Fees$418,092
Metis$418,092
Revenue 30d$1,184
Revenue 30d by chain
Metis$1,184
Revenue 7d$258.82
Metis$258.82
Revenue 24h$27.76
Metis$27.76
Cumulative Revenue$69,645
Metis$69,645
Holders Revenue 30d$0
Holders Revenue 30d by chain
Metis$0
Holders Revenue 7d$0
Metis$0
Holders Revenue 24h$0
Metis$0
Cumulative Holders Revenue$0
Metis$0
DEX Volume 30d$2.37m
DEX Volume 30d by chain
Metis$2.37m
DEX Volume 7d$520,009
Metis$520,009
DEX Volume 24h$55,536
Metis$55,536
Cumulative DEX Volume$3.264b
Metis$3.264b
Market Cap$674,034
$NETT Price$0.007
Fully Diluted Valuation$674,034
$NETT Volume 24h$849.63
CEX Volume$224.74
DEX Volume$646.68(76.11% of total)
Protocol Information
Netswap is a decentralized exchange (DEX) which runs on Metis Andromeda (Layer2), uses the same AMM model as Uniswap and has a governance token NETT
Sub Category: AMM
Audits:
Methodology
TVL: Value of the tokens locked in the liquidity pools.View code on GitHubFees: Swap fees paid by usersView code on GitHubRevenue: Percentage of swap fees going to treasury and/or token holdersView code on GitHubHolders Revenue: Money going to governance token holdersView code on GitHubDEX Volume: Volume of all spot token swaps on the DEXView code on GitHubCompetitors
NetSwap history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Dec 29, 2021 to Oct 27, 2026.
All-time high TVL: $290.84m on Feb 6, 2022. All-time low TVL: $100 on Aug 15, 2025.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $1.49m |
| Sep 29, 2026 | $1.47m |
| Sep 30, 2026 | $1.45m |
| Oct 1, 2026 | $1.45m |
| Oct 2, 2026 | $1.46m |
| Oct 3, 2026 | $1.45m |
| Oct 4, 2026 | $1.46m |
| Oct 5, 2026 | $1.46m |
| Oct 6, 2026 | $1.47m |
| Oct 7, 2026 | $1.48m |
| Oct 8, 2026 | $1.42m |
| Oct 9, 2026 | $1.4m |
| Oct 10, 2026 | $1.41m |
| Oct 11, 2026 | $1.42m |
| Oct 12, 2026 | $1.47m |
| Oct 13, 2026 | $1.45m |
| Oct 14, 2026 | $1.46m |
| Oct 15, 2026 | $1.43m |
| Oct 16, 2026 | $1.47m |
| Oct 17, 2026 | $1.49m |
| Oct 18, 2026 | $1.47m |
| Oct 19, 2026 | $1.46m |
| Oct 20, 2026 | $1.48m |
| Oct 21, 2026 | $1.49m |
| Oct 22, 2026 | $1.51m |
| Oct 23, 2026 | $1.12m |
| Oct 24, 2026 | $1.1m |
| Oct 25, 2026 | $1.07m |
| Oct 26, 2026 | $1.05m |
| Oct 27, 2026 | $1.04m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $5.3m |
| Dec 31, 2024 | $4.58m |
| Jan 31, 2025 | $5.13m |
| Feb 28, 2025 | $3.04m |
| Mar 31, 2025 | $2.42m |
| Apr 30, 2025 | $2.44m |
| May 31, 2025 | $2.62m |
| Jun 30, 2025 | $2.76m |
| Jul 31, 2025 | $2.76m |
| Aug 31, 2025 | $2.8m |
| Sep 30, 2025 | $2.53m |
| Oct 31, 2025 | $2.08m |
| Nov 30, 2025 | $1.9m |
| Dec 31, 2025 | $1.59m |
| Jan 31, 2026 | $1.52m |
| Feb 28, 2026 | $1.29m |
| Mar 31, 2026 | $1.26m |
| Apr 30, 2026 | $1.35m |
| May 31, 2026 | $1.34m |
| Jun 30, 2026 | $1.24m |
| Jul 31, 2026 | $1.19m |
| Aug 31, 2026 | $1.27m |
| Sep 30, 2026 | $1.45m |
| Oct 27, 2026 (latest) | $1.04m |
TVL at each year end, Dec 31, 2021 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2021 | $87.87m |
| Dec 31, 2022 | $6.93m |
| Dec 31, 2023 | $9.64m |
| Dec 31, 2024 | $4.58m |
| Dec 31, 2025 | $1.59m |
Fees, revenue and holders revenue by UTC calendar month, Sep 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Sep 2024 | $4,354 | $726 | $0 |
| Oct 2024 | $18,170 | $3,030 | $0 |
| Nov 2024 | $36,905 | $6,148 | $0 |
| Dec 2024 | $34,754 | $5,791 | $0 |
| Jan 2025 | $8,710 | $1,451 | $0 |
| Apr 2025 | $518 | $86 | $0 |
| May 2025 | $16,638 | $2,773 | $0 |
| Jun 2025 | $37,775 | $6,296 | - |
| Jul 2025 | $63,306 | $10,553 | - |
| Aug 2025 | $52,580 | $8,763 | $0 |
| Sep 2025 | $28,618 | $4,773 | $0 |
| Oct 2025 | $22,138 | $3,690 | $0 |
| Nov 2025 | $26,242 | $4,373 | $0 |
| Dec 2025 | $11,534 | $1,925 | $0 |
| Jan 2026 | $9,088 | $1,514 | $0 |
| Feb 2026 | $8,446 | $1,408 | $0 |
| Mar 2026 | $4,438 | $717 | $0 |
| Apr 2026 | $8,462 | $1,391 | $0 |
| May 2026 | $4,237 | $705.14 | $0 |
| Jun 2026 | $4,065 | $677.41 | $0 |
| Jul 2026 | $2,207 | $368.55 | $0 |
| Aug 2026 | $2,889 | $481.57 | $0 |
| Sep 2026 | $5,994 | $999.84 | $0 |
| Oct 2026 (to date) | $6,190 | $1,032 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/netswap
Frequently asked questions
What is NetSwap's TVL?
As of Oct 27, 2026, NetSwap has $1.04m in total value locked. TVL has decreased 27.4% over the past 30 days.
What chains does NetSwap operate on?
NetSwap operates on Metis. Metis holds the largest share at 100%.
How much has NetSwap generated in fees and revenue?
Over the past 30 days, NetSwap generated $7,098 in fees. Of that, $1,184 was protocol revenue. Based on the trailing year, the annualized rate is $96,247 in fees and $16,001 in revenue.
What is the NETT token price and valuation?
NETT is currently trading at $0.007. Its circulating market capitalization is $674,962, ranking it #3,822. Its fully diluted valuation is $674,962. Supply currently stands at 96.93m circulating, 96.93m total supply.
How has NETT performed recently?
NETT is down 1.2% over the past 7 days and down 3.4% over the past 30 days. Its all-time high is $28.25, reached on Jan 10, 2022. The token is currently 100% below that level.
How does NetSwap's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, NetSwap ranks #232 by TVL. The category holds $13.507b across 1,923 protocols, and NetSwap accounts for <0.1% of that total. Similar protocols include SushiSwap V3, SushiSwap, HyperJump, WAGMI, Tethys AMM, Elk, Hercules V3, WOWswap, Hercules V2, and Standard Protocol Shiden.
How much trading volume does NetSwap process?
NetSwap processed $2.37m in DEX volume over the past 30 days.

