Aldrin

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

Aldrin's governance or utility token carries a market capitalisation of 17,2 mil US$ based on circulating supply at the latest DeFiLlama snapshot. The token's market cap (17,2 mil US$) is small relative to deposits secured by the protocol (497 mil US$); a mcap/TVL multiple of 0.03× is sometimes read as a discount, though it can also reflect minimal fee accrual to the token. A further 1,8 mil US$ 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.

Eventos importantes señalados por la comunidad de DeFiLlama — lanzamientos del protocolo, exploits, cambios de gobernanza y programas de incentivos.

1. Nov 1, 2021
   Listado en DeFiLlama
2. Oct 11, 2022
   Mango Markets Hack

Aldrin 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 Solana. The codebase has been independently audited (1 report on file). DeFiLlama tracks 1 historical event for this protocol since 2022.

Aldrin is a single-chain protocol, deployed exclusively on Solana — this concentrates execution risk but simplifies the trust model. Roughly 100% of its on-chain value sits on just three networks (Solana, Solana-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. Its token market cap (17,2 mil US$) is small relative to TVL (497 mil US$) — a mcap/TVL ratio of 0.03 is often read as the token being structurally undervalued versus the activity it secures.

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

Aldrin 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 7999,9 M US$ in deposits, giving you a frame of reference for whether Aldrin's own TVL is at the top, middle, or tail of the category.

Curve DEX

TVL 1889,8 M US$ · 24h +0.39%

Uniswap V3

TVL 1768,7 M US$ · 24h -0.67%

PancakeSwap AMM

TVL 1697,1 M US$ · 24h +0.14%

Raydium AMM

TVL 1101,3 M US$ · 24h +0.66%

Uniswap V2

TVL 872,4 M US$ · 24h -0.17%

Uniswap V4

TVL 670,6 M US$ · 24h -0.47%