Polkadex

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

A further $704.5K 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.

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

1. May 31, 2024
   Listed on DeFiLlama

Polkadex 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 Polkadex. The codebase has been independently audited.

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

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

Polkadex 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 Polkadex'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%