Swop

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.

Counts the tokens locked on AMM pools

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

Swop's governance or utility token carries a market capitalisation of US$27.2万 based on circulating supply at the latest DeFiLlama snapshot. Token market cap (US$27.2万) and TVL (US$58.2万) trade close together, giving a mcap/TVL multiple of 0.47× — broadly the range market participants treat as "fair" for an established DeFi protocol. A further US$19.3万 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.

由 DeFiLlama 社区标记的重要事件——协议上线、安全攻击、治理变更和激励计划。

1. Oct 30, 2024
   Unit0 Protocol Lunch

Swop 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 Waves, UNIT0. The codebase has been independently audited (2 reports on file). DeFiLlama tracks 1 historical event for this protocol since 2024.

Swop operates on 2 networks (Waves, UNIT0), keeping its surface area narrower than chain-agnostic peers. TVL is comparatively balanced across networks: even the largest deployment (Waves) holds only 47% of the protocol's value. Two audit reports are published on DeFiLlama, which is in line with typical practice for protocols at this scale. Token market cap (US$27.2万) and TVL (US$58.2万) trade at a ratio of 0.47, in the range generally considered normal for an established DeFi protocol.

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

Swop 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 US$80亿 in deposits, giving you a frame of reference for whether Swop's own TVL is at the top, middle, or tail of the category.

Curve DEX

TVL US$18.9亿 · 24h +0.39%

Uniswap V3

TVL US$17.7亿 · 24h -0.67%

PancakeSwap AMM

TVL US$17亿 · 24h +0.14%

Raydium AMM

TVL US$11亿 · 24h +0.66%

Uniswap V2

TVL US$8.7亿 · 24h -0.17%

Uniswap V4

TVL US$6.7亿 · 24h -0.47%