Sovryn Dex
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Protocol TVL
About Sovryn Dex
Sovryn is a non-custodial and permission-less smart contract based system for bitcoin lending, borrowing and margin trading.
Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.
Sovryn Dex tokenomics and on-chain capital
A further $1.5M 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.
Sovryn Dex codebase lineage and protocol family
Sovryn Dex is published as a versioned release inside the Sovryn 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.
Security & Audits
Parent Protocol
Sovryn Dex is a versioned release inside a larger protocol family. View the parent for combined TVL and all sibling versions.
SovrynProtocol Profile
Sovryn Dex 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 2 chains, including RSK, BOB. The codebase has been independently audited (1 report on file).
TVL Distribution by Chain
TVL spans 4 chains across the deployment. See the breakdown below for per-chain values.
Supported Chains
Protocol Footprint
Sovryn Dex operates on 2 networks (RSK, BOB), keeping its surface area narrower than chain-agnostic peers. Roughly 97% of its on-chain value sits on just three networks (RSK, RSK-staking, staking), so a fault on any one of them would affect a large slice of users. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts.
Official Resources & Links
Verified external resources for Sovryn Dex — 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
Sovryn Dex 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 Sovryn Dex's own TVL is at the top, middle, or tail of the category.
Available Yields
| Project | Pool | APY | TVL |
|---|---|---|---|
| sovryn-dex | DOC-RBTC | 16.21% | $93.3K |
| sovryn-dex | XUSD | 6.55% | $710.7K |
| sovryn-dex | DOC | 5.96% | $380.1K |
| sovryn-dex | DLLR | 5.16% | $589.5K |
| sovryn-dex | RBTC | 0.90% | $1.6M |
| sovryn-dex | MOC-RBTC | 0.44% | $63.4K |
| sovryn-dex | XUSD-RBTC | 0.39% | $1M |
| sovryn-dex | BNB-RBTC | 0.14% | $643.2K |
| sovryn-dex | MYNT-RBTC | 0.10% | $72.9K |
| sovryn-dex | USDT-RBTC | 0.07% | $1.5M |
Recent Sovryn Dex news
Latest reporting from major crypto news outlets covering Sovryn Dex.
- Bitcoin
On the Halving, Bitcoin is Getting New Technologies: Rollups and Tokens. Sovryn's New Initiative is How to Get In Early
Sovryn's and BOB are offering early users a piece of the new Bitcoin economy. With the Bitcoin Halving less than a month from now, Bitcoin will get two significant technological…
- Crypto news
Sovryn Raises $5.4M Led by General Catalyst, Launching Zero-Interest Lending
Sovryn has successfully secured $5.4 million via a funding round approved by a near-unanimous vote by its fully decentralized community.
- TheNewsCrypto
Sovryn Raises $5.4 Million to Accelerate Building a Global Financial Ecosystem
Sovryn, a company aiming to provide individuals all across the world financial independence and self-determination, has just announced that it has raised $5.42 million in a round…
- TheNewsCrypto
Sovryn Raises $5.4 Million to Accelerate Building a Global Financial Ecosystem
Sovryn, a company aiming to provide individuals all across the world financial independence and self-determination, has just announced that it has raised $5.42 million in a round…
- Invezz
Sovryn secures $5.4M in latest funding round led by General Catalyst
Sovryn, a Bitcoin-based DeFi protocol, has today announced that it secured $5.4 million in its latest funding round led by General Catalyst. The funds will be directed towards…
- Invezz
Sovryn secures $5.4M in latest funding round led by General Catalyst
Sovryn, a Bitcoin-based DeFi protocol, has today announced that it secured $5.4 million in its latest funding round led by General Catalyst. The funds will be directed towards…
- AMBCrypto
Sovryn secured funds led by General Catalyst
Sovryn Raises $5.4 Million, Led by General Catalyst, to Accelerate its Mission in Building a Global Financial Ecosystem for Individual Sovereignty The investment round was…
- Dailycoin
Sovryn (SOV), A Bitcoin-Based DeFi Protocol Suffers $1.1M Exploit, Funds Recovered
Sovryn, a project that aims to bring decentralized finance to the Bitcoin network, suffered a major exploit on October 5th.
Related protocols
Other DeFi protocols connected to Sovryn Dex 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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