Definitive

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.

For Hyperstaking, an onchain method calculates collateral + balance - debt. For LP, we can just calculate the value of LP tokens held in the vault

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

Definitive's governance or utility token carries a market capitalisation of 27,8 Mio. $ based on circulating supply at the latest DeFiLlama snapshot. The market is pricing the token (27,8 Mio. $) above the protocol's on-chain TVL (101.396,2 $) — a mcap/TVL multiple of 274.59× implies investors are paying for expected future fee flows rather than current deposits alone.

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.

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

1. Mar 7, 2024
   Auf DeFiLlama gelistet

Definitive is a DEX Aggregator — a decentralised exchange where users swap assets against on-chain liquidity pools rather than a central order book. The codebase has been independently audited (1 report on file).

Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts. Its token market cap (27,8 Mio. $) currently exceeds total value locked (101.396,2 $) — a mcap/TVL ratio of 274.59 suggests the market is pricing in more growth than current deposits support.

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

Definitive is one of 7 DEX Aggregator protocols Mantapex tracks in this category. Direct peers ranked by total value locked include 1inch, Pumex, Hashflow, and 3 more. These peer protocols collectively secure 6,2 Mio. $ in deposits, giving you a frame of reference for whether Definitive's own TVL is at the top, middle, or tail of the category.

1inch

TVL 3,2 Mio. $ · 24h +0.28%

Pumex

TVL 1,3 Mio. $ · 24h -0.14%

Hashflow

TVL 600.432,3 $ · 24h -0.09%

Obsidian

TVL 436.764,4 $ · 24h -0.83%

Mayan DEX Aggregator

TVL 428.422,1 $

swap.coffee

TVL 178.589,9 $ · 24h -0.29%