Total Value Locked$50,844
TVL by Chain
Sonic$50,844
Key Metrics
Fees 30d$70.75
Fees 30d by chain
Sonic$70.75
Fees 7d$3.40
Sonic$3.40
Fees 24h$0.24
Sonic$0.24
Cumulative Fees$92,860
Sonic$92,860
DEX Volume 30d$52,529
DEX Volume 30d by chain
Sonic$52,529
DEX Volume 7d$1,785
Sonic$1,785
DEX Volume 24h$146
Sonic$146
Cumulative DEX Volume$69.16m
Sonic$69.16m
Protocol Information
SwapX, Sonic's native DEX, leverages Algebra V4 for advanced concentrated liquidity management and ve(3,3) tokenomics while pioneering modular DeFi with plugin technology
Sub Category: ve(3,3)
Methodology
TVL: Value of the tokens locked in the liquidity pools.View code on GitHubFees: Swap fees paid by usersView code on GitHubDEX Volume: Volume of all spot token swaps on the DEXView code on GitHubCompetitors
SwapX V2 history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jan 4, 2025 to Oct 28, 2026.
All-time high TVL: $9.93m on Mar 3, 2025. All-time low TVL: $31,425 on Aug 19, 2026.
Daily TVL, Sep 29, 2026 to Oct 28, 2026
| Date | TVL |
|---|---|
| Sep 29, 2026 | $45,547 |
| Sep 30, 2026 | $44,841 |
| Oct 1, 2026 | $48,986 |
| Oct 2, 2026 | $46,094 |
| Oct 3, 2026 | $44,031 |
| Oct 4, 2026 | $47,998 |
| Oct 5, 2026 | $46,209 |
| Oct 6, 2026 | $49,196 |
| Oct 7, 2026 | $48,910 |
| Oct 8, 2026 | $44,769 |
| Oct 9, 2026 | $43,847 |
| Oct 10, 2026 | $49,424 |
| Oct 11, 2026 | $53,920 |
| Oct 12, 2026 | $64,922 |
| Oct 13, 2026 | $62,248 |
| Oct 14, 2026 | $65,839 |
| Oct 15, 2026 | $59,249 |
| Oct 16, 2026 | $60,529 |
| Oct 17, 2026 | $59,637 |
| Oct 18, 2026 | $57,732 |
| Oct 19, 2026 | $56,853 |
| Oct 20, 2026 | $62,434 |
| Oct 21, 2026 | $62,338 |
| Oct 22, 2026 | $58,954 |
| Oct 23, 2026 | $56,030 |
| Oct 24, 2026 | $55,712 |
| Oct 25, 2026 | $52,642 |
| Oct 26, 2026 | $51,333 |
| Oct 27, 2026 | $51,594 |
| Oct 28, 2026 | $50,697 |
TVL at each month end, Jan 2025 to Oct 2026
| Date | TVL |
|---|---|
| Jan 31, 2025 | $3.44m |
| Feb 28, 2025 | $8.58m |
| Mar 31, 2025 | $4.68m |
| Apr 30, 2025 | $4.3m |
| May 31, 2025 | $2.77m |
| Jun 30, 2025 | $2.78m |
| Jul 31, 2025 | $2.19m |
| Aug 31, 2025 | $1.79m |
| Sep 30, 2025 | $1.13m |
| Oct 31, 2025 | $606,911 |
| Nov 30, 2025 | $436,991 |
| Dec 31, 2025 | $191,206 |
| Jan 31, 2026 | $150,954 |
| Feb 28, 2026 | $95,168 |
| Mar 31, 2026 | $100,132 |
| Apr 30, 2026 | $108,431 |
| May 31, 2026 | $99,917 |
| Jun 30, 2026 | $62,432 |
| Jul 31, 2026 | $33,612 |
| Aug 31, 2026 | $39,642 |
| Sep 30, 2026 | $44,841 |
| Oct 28, 2026 (latest) | $50,697 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/swapx-v2
Frequently asked questions
What is SwapX V2's TVL?
As of Oct 28, 2026, SwapX V2 has $50,844 in total value locked. TVL has increased 7.3% over the past 30 days.
What chains does SwapX V2 operate on?
SwapX V2 operates on Sonic. Sonic holds the largest share at 100%.
How much has SwapX V2 generated in fees?
Over the past 30 days, SwapX V2 generated $70.75 in fees. Based on the trailing year, the annualized rate is $1,676 in fees.
How does SwapX V2's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, SwapX V2 ranks #697 by TVL. The category holds $13.454b across 1,923 protocols, and SwapX V2 accounts for <0.1% of that total. Similar protocols include Uniswap V3, Curve DEX, SushiSwap V3, SushiSwap, WOOFi Swap, DyorSwap AMM, Shadow Exchange CLMM, Beets DEX, Shadow Exchange Legacy, and SpookySwap V2.
How much trading volume does SwapX V2 process?
SwapX V2 processed $52,529 in DEX volume over the past 30 days.