CherrySwap

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.

Staking is the CHE staked on 0x9Ab8BCf67fE8d8D2aD27D42Ec2A0fD5C206DAE60, tvl is the liquidity on the exchange and the money locked on the pools that distribute CHE

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

CherrySwap's governance or utility token carries a market capitalisation of 212.082,3 $ based on circulating supply at the latest DeFiLlama snapshot. The token's market cap (212.082,3 $) is small relative to deposits secured by the protocol (618.971,7 $); a mcap/TVL multiple of 0.34× 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.

CherrySwap 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 OKExChain. The codebase has been independently audited (3 reports on file).

CherrySwap is a single-chain protocol, deployed exclusively on OKExChain — this concentrates execution risk but simplifies the trust model. 3 public audit reports are linked from DeFiLlama, which is on the higher end of transparency for the DeFi sector — most protocols of comparable TVL publish far fewer. Token market cap (212.082,3 $) and TVL (618.971,7 $) trade at a ratio of 0.34, in the range generally considered normal for an established DeFi protocol.

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

CherrySwap 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 CherrySwap'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%