CrowdSwap

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

CrowdSwap's governance or utility token carries a market capitalisation of 85,4 mil US$ based on circulating supply at the latest DeFiLlama snapshot. The market is pricing the token (85,4 mil US$) above the protocol's on-chain TVL (33,8 mil US$) — a mcap/TVL multiple of 2.53× implies investors are paying for expected future fee flows rather than current deposits alone. A further 80 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. May 31, 2023
   Listado en DeFiLlama

CrowdSwap 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 5 chains, including Polygon, Binance, Arbitrum, zkSync Era and 1 other chain.

CrowdSwap runs a multi-chain deployment, with smart contracts live on 5 networks. Roughly 93% of its on-chain value sits on just three networks (staking, Polygon-staking, Polygon), so a fault on any one of them would affect a large slice of users. Its token market cap (85,4 mil US$) currently exceeds total value locked (33,8 mil US$) — a mcap/TVL ratio of 2.53 suggests the market is pricing in more growth than current deposits support.

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

CrowdSwap 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 CrowdSwap'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%