BaseSwap V2

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

DeFiLlama publishes the exact rules used to aggregate on-chain balances into the headline TVL figure shown on this page. The methodology below is the team's own source-of-truth description.

Uses factory(0xFDa619b6d20975be80A10332cD39b9a4b0FAa8BB) address and whitelisted tokens address to find and price Liquidity Pool pairs. We also have our native token $BSWAP staking.

If a contract or vault isn't in this list, its balance does not contribute to the TVL displayed on Mantapex or DeFiLlama.

BaseSwap V2's governance or utility token carries a market capitalisation of 35.938,6 $ based on circulating supply at the latest DeFiLlama snapshot. The token's market cap (35.938,6 $) is small relative to deposits secured by the protocol (757.897,6 $); a mcap/TVL multiple of 0.05× is sometimes read as a discount, though it can also reflect minimal fee accrual to the token.

Market cap and supply figures are sourced from DeFiLlama's price feed (which reconciles CoinGecko, CoinMarketCap, and on-chain DEX prices). Treasury and staking values reflect on-chain balances controlled by the protocol at last sync.

BaseSwap V2 is published as a versioned release inside the Baseswap protocol family. Releases inside the same family typically share governance, brand, and large parts of the audit history, but each version can run materially different contract logic — a release labelled v2 or v3 is not just a UI refresh. Newer versions inside a family typically launch with their own audit cycle and parameter set, so do not assume the previous release's safety record carries over without checking the linked audit reports.

Fork lineage and parent-protocol relationships are tracked by DeFiLlama for security and audit-history attribution; a fork inherits the upstream design but not necessarily the upstream audits or governance.

BaseSwap V2 ist eine versionierte Variante einer größeren Protokollfamilie. Öffne das übergeordnete Protokoll für den kombinierten TVL und alle Geschwister-Versionen.

Wichtige Ereignisse, die von der DeFiLlama-Community markiert wurden — Protokoll-Launches, Exploits, Governance-Änderungen und Anreizprogramme.

1. Aug 2, 2023
   Auf DeFiLlama gelistet

BaseSwap V2 is a DEX — a decentralised exchange where users swap assets against on-chain liquidity pools rather than a central order book. It is deployed on Base.

BaseSwap V2 is a single-chain protocol, deployed exclusively on Base — this concentrates execution risk but simplifies the trust model. Its token market cap (35.938,6 $) is small relative to TVL (757.897,6 $) — a mcap/TVL ratio of 0.05 is often read as the token being structurally undervalued versus the activity it secures.

Verified external resources for BaseSwap V2 — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

BaseSwap V2 is one of 7 DEX protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Curve DEX, Uniswap V3, PancakeSwap AMM, and 3 more. These peer protocols collectively secure 8 Mrd. $ in deposits, giving you a frame of reference for whether BaseSwap V2's own TVL is at the top, middle, or tail of the category.

Curve DEX

TVL 1,9 Mrd. $ · 24h +0.39%

Uniswap V3

TVL 1,8 Mrd. $ · 24h -0.67%

PancakeSwap AMM

TVL 1,7 Mrd. $ · 24h +0.14%

Raydium AMM

TVL 1,1 Mrd. $ · 24h +0.66%

Uniswap V2

TVL 872,4 Mio. $ · 24h -0.17%

Uniswap V4

TVL 670,6 Mio. $ · 24h -0.47%