Alongside

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.

Data is retrieved from calculation of market price and total supply

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

Alongside's governance or utility token carries a market capitalisation of $489.3K based on circulating supply at the latest DeFiLlama snapshot. Token market cap ($489.3K) and TVL ($497.7K) trade close together, giving a mcap/TVL multiple of 0.98× — broadly the range market participants treat as "fair" for an established DeFi protocol.

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.

Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.

1. Feb 21, 2023
   Listed on DeFiLlama

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

Alongside is a single-chain protocol, deployed exclusively on Ethereum — this concentrates execution risk but simplifies the trust model. Price feeds come from a single oracle provider (0x); 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. Token market cap ($489.3K) and TVL ($497.7K) trade at a ratio of 0.98, in the range generally considered normal for an established DeFi protocol.

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

Alongside is one of 7 Indexes protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Mantle Index Four Fund, Reserve Protocol, SoSoValue Indexes, and 3 more. These peer protocols collectively secure $532.1M in deposits, giving you a frame of reference for whether Alongside's own TVL is at the top, middle, or tail of the category.

Mantle Index Four Fund

TVL $141.4M · 24h +1.11%

Reserve Protocol

TVL $118.1M · 24h +0.11%

SoSoValue Indexes

TVL $96.9M · 24h +0.24%

Enzyme Finance

TVL $91.4M · 24h -0.28%

Bwatch

TVL $58.3M · 24h 0.00%

dHEDGE Vaults

TVL $26M · 24h +0.21%