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Mantapex
Baguette
Baguette
BAGDexs
DeFiLlama Dexs·$24.2K TVL·+0.14% 1h·-0.36% 24h·+6.85% 7d·$31.3K MCap

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Protocol TVL

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About Baguette

A community-backed decentralized exchange for Avalanche assets, but with the perfect smell of freshly baked bread.

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

Baguette tokenomics and on-chain capital

Baguette's governance or utility token carries a market capitalisation of $31.3K based on circulating supply at the latest DeFiLlama snapshot. Token market cap ($31.3K) and TVL ($24.2K) trade close together, giving a mcap/TVL multiple of 1.29× — broadly the range market participants treat as "fair" for an established DeFi protocol.

Token market cap
$31.3K
Circulating supply × price
Mcap / TVL ratio
1.29×
Valuation vs deposits

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.

Protocol Profile

Baguette 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 Avalanche.

TVL Distribution by Chain

Avalanche
$24.2K(100.0%)

Supported Chains

Avalanche

Protocol Footprint

Baguette is a single-chain protocol, deployed exclusively on Avalanche — this concentrates execution risk but simplifies the trust model. Token market cap ($31.3K) and TVL ($24.2K) trade at a ratio of 1.29, in the range generally considered normal for an established DeFi protocol.

Official Resources & Links

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

Other DEX protocols on Mantapex

Baguette 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 $8B in deposits, giving you a frame of reference for whether Baguette's own TVL is at the top, middle, or tail of the category.

Browse all DEX protocols on Mantapex

Related protocols

Other DeFi protocols connected to Baguette by category, deployment chain, or shared codebase lineage — useful for comparing TVL, fee models, or audit posture across direct peers.

Risk Warning

DeFi protocols carry inherent risks including smart contract vulnerabilities, liquidity risks, and potential loss of funds. Always do your own research before investing.

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