SquadSwap V2

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

DeFiLlama publishes the exact rules used to aggregate on-chain balances into the headline TVL figure shown on this page. The methodology below is the team's own source-of-truth description.

TVL is calculated from total liquidity of SquadSwap's active pools

If a contract or vault isn't in this list, its balance does not contribute to the TVL displayed on Mantapex or DeFiLlama.

A further 446,3 $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.

SquadSwap V2 is published as a versioned release inside the Squadswap 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.

SquadSwap V2 est une version au sein d'une famille de protocoles plus large. Ouvrez le protocole parent pour la TVL combinée et toutes les versions sœurs.

Événements majeurs signalés par la communauté DeFiLlama — lancements de protocole, exploits, changements de gouvernance et programmes d'incitations.

1. Jan 11, 2024
   Listé sur DeFiLlama

SquadSwap V2 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 6 chains, including Base, Blast, Binance, Optimism and 2 other chains. The codebase has been independently audited (1 report on file).

SquadSwap V2 runs a multi-chain deployment, with smart contracts live on 6 networks. Roughly 94% of its on-chain value sits on just three networks (Base, Blast, Binance), 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.

Verified external resources for SquadSwap V2 — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

SquadSwap V2 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 8 Md $US in deposits, giving you a frame of reference for whether SquadSwap V2's own TVL is at the top, middle, or tail of the category.

Curve DEX

TVL 1,9 Md $US · 24h +0.39%

Uniswap V3

TVL 1,8 Md $US · 24h -0.67%

PancakeSwap AMM

TVL 1,7 Md $US · 24h +0.14%

Raydium AMM

TVL 1,1 Md $US · 24h +0.66%

Uniswap V2

TVL 872,4 M $US · 24h -0.17%

Uniswap V4

TVL 670,6 M $US · 24h -0.47%