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Mantapex
Elk
Elk
ELKDexs
Audited
DeFiLlama Dexs·$255.1K TVL·-0.17% 1h·-0.04% 24h·+10.82% 7d·$221.8K MCap

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Protocol TVL

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About Elk

Elk Finance is building Web3 infrastructure for cross-chain value and data transfer via ElkNet - our decentralized bridge. Our motto is Any chain, anytime, anywhere.

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

Elk tokenomics and on-chain capital

Elk's governance or utility token carries a market capitalisation of $221.8K based on circulating supply at the latest DeFiLlama snapshot. Token market cap ($221.8K) and TVL ($255.1K) trade close together, giving a mcap/TVL multiple of 0.87× — broadly the range market participants treat as "fair" for an established DeFi protocol.

Token market cap
$221.8K
Circulating supply × price
Mcap / TVL ratio
0.87×
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.

Security & Audits

Audited by external firms
2 audits

Protocol Profile

Elk 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 31 chains, including Binance, Avalanche, Q Protocol, Kucoin and 27 other chains. The codebase has been independently audited (1 report on file).

TVL Distribution by Chain

TVL spans 28 chains across the deployment. See the breakdown below for per-chain values.

Binance
$64K(25.1%)
Avalanche
$48.4K(19.0%)
Q Protocol
$24.6K(9.6%)
Kucoin
$23.2K(9.1%)
xDai
$22.2K(8.7%)
Polygon
$19.6K(7.7%)
Arbitrum
$8.3K(3.3%)
Optimism
$5.8K(2.3%)
Ethereum
$5.2K(2.0%)
Cronos
$5K(2.0%)

…and 18 other chains with smaller deployments.

Supported Chains

Binance Avalanche Q Protocol Kucoin xDai Polygon Arbitrum Optimism

Protocol Footprint

Elk runs a multi-chain deployment, with smart contracts live on 31 networks. TVL is comparatively balanced across networks: even the largest deployment (Binance) holds only 25% of the protocol's value. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts. Token market cap ($221.8K) and TVL ($255.1K) trade at a ratio of 0.87, in the range generally considered normal for an established DeFi protocol.

Official Resources & Links

Verified external resources for Elk — 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

Elk 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 Elk's own TVL is at the top, middle, or tail of the category.

Browse all DEX protocols on Mantapex

Recent Elk news

Latest reporting from major crypto news outlets covering Elk.

Related protocols

Other DeFi protocols connected to Elk 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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