DFS V2
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Protocol TVL
About DFS V2
DFS V2 is a decentralized exchange built on the XLayer Network.
Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.
DFS V2 codebase lineage and protocol family
DFS V2 is published as a versioned release inside the Dfs.fun protocol family. Releases inside the same family typically share governance, brand, and large parts of the audit history, but each version can run materially different contract logic — a release labelled v2 or v3 is not just a UI refresh. Newer versions inside a family typically launch with their own audit cycle and parameter set, so do not assume the previous release's safety record carries over without checking the linked audit reports.
Fork lineage and parent-protocol relationships are tracked by DeFiLlama for security and audit-history attribution; a fork inherits the upstream design but not necessarily the upstream audits or governance.
Parent Protocol
DFS V2 is a versioned release inside a larger protocol family. View the parent for combined TVL and all sibling versions.
Dfs.funDFS V2 Timeline
Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.
- Oct 24, 2025Listed on DeFiLlama
Protocol Profile
DFS V2 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 X Layer.
TVL Distribution by Chain
Supported Chains
Official Resources & Links
Verified external resources for DFS V2 — 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
DFS V2 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 DFS V2's own TVL is at the top, middle, or tail of the category.
Recent DFS V2 news
Latest reporting from major crypto news outlets covering DFS V2.
- Cointelegraph
Paxos gets NY green light to join Solana blockchain: Report
The New York Department of Financial Services (DFS) has approved Paxos' expansion to the Solana blockchain.
- The Currency Analytics
Paxos and Solana Forge Path for Stablecoin Evolution: A New Era in Blockchain Emerges
In a groundbreaking move reshaping the digital currency arena, Paxos, a leading stablecoin issuer, has received the green light from the New York Department of Financial Services…
- Cryptopolitan
Solana welcomes Paxos, sets the stage for a game-changer
In a significant move that could reshape the stablecoin landscape, Paxos, a prominent stablecoin issuer, has received approval from the New York Department of Financial Services…
- CryptoSlate
Paxos secures New York regulatory approval to expand USDP stablecoin to Solana
Paxos, a major player in the stablecoin market, has secured regulatory approval from the New York Department of Financial Services (DFS) to expand its stablecoin offerings to the…
- Coingape
Paxos Gets NY Financial Regulator Nod for Solana Launch
Paxos, a leading stablecoin issuer, has recently obtained regulatory approval from the New York Department of Financial Services (DFS) to extend its operations to the Solana…
- CoinPedia
Paxos Stablecoin Issuer Expands to Solana Blockchain with Regulatory Approval
Paxos, the leading stablecoin issuer, has received regulatory approval from the New York Department of Financial Services (DFS) to expand its products to the Solana blockchain.…
Related protocols
Other DeFi protocols connected to DFS V2 by category, deployment chain, or shared codebase lineage — useful for comparing TVL, fee models, or audit posture across direct peers.
Other Dexs protocols
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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