OpenOcean

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

OpenOcean's governance or utility token carries a market capitalisation of 324,6 mil US$ based on circulating supply at the latest DeFiLlama snapshot. The market is pricing the token (324,6 mil US$) above the protocol's on-chain TVL (158,3 mil US$) — a mcap/TVL multiple of 2.05× implies investors are paying for expected future fee flows rather than current deposits alone. A further 13,4 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.

OpenOcean is a DEX Aggregator — a decentralised exchange where users swap assets against on-chain liquidity pools rather than a central order book. It is deployed across 8 chains, including Binance, Arbitrum, Avalanche, Ethereum and 4 other chains. The codebase has been independently audited (1 report on file).

OpenOcean runs a multi-chain deployment, with smart contracts live on 8 networks. Its TVL is heavily concentrated on Binance, which holds 68% of all assets — other deployments are comparatively small. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts. Its token market cap (324,6 mil US$) currently exceeds total value locked (158,3 mil US$) — a mcap/TVL ratio of 2.05 suggests the market is pricing in more growth than current deposits support.

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

OpenOcean is one of 7 DEX Aggregator protocols Mantapex tracks in this category. Direct peers ranked by total value locked include 1inch, Pumex, Hashflow, and 3 more. These peer protocols collectively secure 6,2 M US$ in deposits, giving you a frame of reference for whether OpenOcean's own TVL is at the top, middle, or tail of the category.

1inch

TVL 3,2 M US$ · 24h +0.28%

Pumex

TVL 1,3 M US$ · 24h -0.14%

Hashflow

TVL 600,4 mil US$ · 24h -0.09%

Obsidian

TVL 436,8 mil US$ · 24h -0.83%

Mayan DEX Aggregator

TVL 428,4 mil US$

swap.coffee

TVL 178,6 mil US$ · 24h -0.29%