Bluefin (BLUE)

Total Value Locked$165.47m

TVL by Chain

Sui$165.42m

Arbitrum$48,254

Key Metrics

Fees (Annualized)$29.58m

Fees 30d$2.42m

Fees 24h$71,062

Cumulative Fees$25.7m

Revenue (Annualized)$8.14m

Revenue 30d$667,391

Revenue 24h$22,761

Cumulative Revenue$5.84m

DEX Volume 30d$2.864b

DEX Volume 24h$57.58m

Cumulative DEX Volume$14.748b

DEX Aggregator Volume 30d$1.243b

DEX Aggregator Volume 24h$26.37m

Cumulative DEX Aggregator Volume$1.269b

Perp Volume 30d$1.052b

Perp Volume 24h$20.97m

Cumulative Perp Volume$50.625b

Market Cap$25.78m

$BLUE Price$0.084

All Time High$0.86

All Time Low$0.058

Fully Diluted Valuation$84.36m

$BLUE Volume 24h$6.94m

CEX Volume$6.34m

DEX Volume$601,251(8.66% of total)

Staked$7.02m(27.25% of mcap)

Borrowed$79.44m

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 Perps: 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 GitHub

Revenue:
Bluefin Perps: 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 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

Development Activity

Updated at Jun 17, 2025

Weekly commits1

Monthly commits31

Weekly developers1

Monthly developers11

Last commit17/06/25 (11 days ago)