Nabla Finance

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

Nabla Finance's governance or utility token carries a market capitalisation of 838.563,1 $ based on circulating supply at the latest DeFiLlama snapshot. The market is pricing the token (838.563,1 $) above the protocol's on-chain TVL (481.279 $) — a mcap/TVL multiple of 1.74× 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. Oct 31, 2024
   Auf DeFiLlama gelistet

Nabla Finance is a DEX — a decentralised exchange where users swap assets against on-chain liquidity pools rather than a central order book. It is deployed across 5 chains, including Hyperliquid L1, Berachain, Base, Arbitrum and 1 other chain. The codebase has been independently audited (1 report on file).

Nabla Finance runs a multi-chain deployment, with smart contracts live on 5 networks. TVL is comparatively balanced across networks: even the largest deployment (Hyperliquid L1) holds only 49% of the protocol's value. Price feeds come from a single oracle provider (Pyth); an outage or manipulation of that feed would propagate into every market the protocol prices. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts. Its token market cap (838.563,1 $) currently exceeds total value locked (481.279 $) — a mcap/TVL ratio of 1.74 suggests the market is pricing in more growth than current deposits support.

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

Nabla Finance 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 Nabla Finance'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%