Bluefin (BLUE)
Total Value Locked$183.13m
TVL by Chain
Sui$183.13m
Arbitrum$46.44
Key Metrics
Fees (Annualized)$42.04m
Fees 30d$3.45m
Fees 7d$1.17m
Fees 24h$121,763
Cumulative Fees$29.33m
Revenue (Annualized)$12.19m
Revenue 30d$999,028
Revenue 7d$320,716
Revenue 24h$38,637
Cumulative Revenue$6.91m
Incentives (Annualized)$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$12.19m
Earnings 30d$999,028
Earnings 7d$320,716
Earnings 24h$38,637
Cumulative Earnings$6.91m
DEX Volume 30d$2.711b
DEX Volume 7d$892.65m
DEX Volume 24h$152.4m
Cumulative DEX Volume$17.763b
DEX Aggregator Volume 30d$1.271b
DEX Aggregator Volume 7d$325.89m
DEX Aggregator Volume 24h$49.21m
Cumulative DEX Aggregator Volume$2.623b
Perp Volume 30d$549.65m
Perp Volume 7d$115.1m
Perp Volume 24h$25.1m
Cumulative Perp Volume$51.218b
Market Cap$25.9m
$BLUE Price$0.085
All Time High$0.86
All Time Low$0.058
Fully Diluted Valuation$84.75m
$BLUE Volume 24h$6.52m
CEX Volume$5.58m
DEX Volume$1.46m(22.45% of total)
Staked$7.08m(27.35% of mcap)
Borrowed$116.47m
Bluefin (BLUE)
Total Value Locked$183.13m
TVL by Chain
Sui$183.13m
Arbitrum$46.44
fetching dex volume...
Key Metrics
Fees (Annualized)$42.04m
Fees 30d$3.45m
Fees 7d$1.17m
Fees 24h$121,763
Cumulative Fees$29.33m
Revenue (Annualized)$12.19m
Revenue 30d$999,028
Revenue 7d$320,716
Revenue 24h$38,637
Cumulative Revenue$6.91m
Incentives (Annualized)$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$12.19m
Earnings 30d$999,028
Earnings 7d$320,716
Earnings 24h$38,637
Cumulative Earnings$6.91m
DEX Volume 30d$2.711b
DEX Volume 7d$892.65m
DEX Volume 24h$152.4m
Cumulative DEX Volume$17.763b
DEX Aggregator Volume 30d$1.271b
DEX Aggregator Volume 7d$325.89m
DEX Aggregator Volume 24h$49.21m
Cumulative DEX Aggregator Volume$2.623b
Perp Volume 30d$549.65m
Perp Volume 7d$115.1m
Perp Volume 24h$25.1m
Cumulative Perp Volume$51.218b
Market Cap$25.9m
$BLUE Price$0.085
All Time High$0.86
All Time Low$0.058
Fully Diluted Valuation$84.75m
$BLUE Volume 24h$6.52m
CEX Volume$5.58m
DEX Volume$1.46m(22.45% of total)
Staked$7.08m(27.35% of mcap)
Borrowed$116.47m
Protocol Information
Bluefin is a decentralized spot and derivatives exchange built for both professional and first-time traders. It focuses on security, transparency and redefining the user experience of using on-chain trading platforms - and is backed by Polychain, SIG, Brevan Howard, and other leading firms.
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Bluefin Legacy: Fees paid by usersView code on GitHubBluefin Spot: Swap fees paid by usersView code on GitHubAlphaLend: All fees paid/earned while using lending/borrowing and liquidation.View code on GitHubBluefin Pro: Fees paid by usersView code on GitHub
Revenue:
Bluefin Legacy: Treasury and token holders revenueView code on GitHubBluefin Spot: Percentage of swap fees going to treasury and/or token holdersView code on GitHubAlphaLend: Fees collected by protocol native markets.View code on GitHubBluefin Pro: Treasury and token holders revenueView code on GitHub
DEX Volume: Volume of all spot token swaps that go through the protocol
DEX Aggregator Volume: Volume of all spot token swaps that go through the protocol
Perp Volume: Notional volume of all trades in the protocol, includes leverage
Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Income Statement for Bluefin
Q3 2025* | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | |
---|---|---|---|---|---|---|---|---|
Fees | $3.4m | $7.26m | $6.96m | $4.07m | $922,228 | $2.28m | $3.86m | $449,903 |
Revenue | $971,663 | $2.06m | $2.49m | $1.36m | $0 | $0 | $0 | $0 |
Incentives | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Earnings | $971,663 | $2.06m | $2.49m | $1.36m | $0 | $0 | $0 | $0 |