Lynex V2

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

A further $338.1K sits in the protocol's native staking modules — these deposits are typically locked, vote-bonded, or earning a share of fees, and they reduce the freely circulating float that can hit the market.

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.

Lynex V2 is published as a versioned release inside the Lynex 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.

Lynex V2 is a versioned release inside a larger protocol family. View the parent for combined TVL and all sibling versions.

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

1. Aug 17, 2023
   Listed on DeFiLlama

Lynex 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 Linea. The codebase has been independently audited.

Lynex V2 is a single-chain protocol, deployed exclusively on Linea — this concentrates execution risk but simplifies the trust model. Roughly 100% of its on-chain value sits on just three networks (Linea, Linea-staking, staking), so a fault on any one of them would affect a large slice of users.

Verified external resources for Lynex V2 — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

Lynex 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 Lynex V2's own TVL is at the top, middle, or tail of the category.

Curve DEX

TVL $1.9B · 24h +0.39%

Uniswap V3

TVL $1.8B · 24h -0.67%

PancakeSwap AMM

TVL $1.7B · 24h +0.14%

Raydium AMM

TVL $1.1B · 24h +0.66%

Uniswap V2

TVL $872.4M · 24h -0.17%

Uniswap V4

TVL $670.6M · 24h -0.47%