InformationTVLFees and RevenueDEX Volume

Project X

Total Value Locked$53.54m

TVL by Chain

Hyperliquid L1$53.54m

Key Metrics

Fees (Annualized)$37.36m

Fees 30d$3.06m

Fees 7d$479,012

Fees 24h$91,843

Cumulative Fees$21.05m

Revenue (Annualized)$5.34m

Revenue 30d$437,923

Revenue 7d$68,498

Revenue 24h$13,134

Cumulative Revenue$3.01m

DEX Volume 30d$4.154b

DEX Volume 7d$646.65m

DEX Volume 24h$117.27m

Cumulative DEX Volume$19.753b

Protocol Information

Project X is built on the belief that tech is becoming increasingly commoditized and the next era of DeFi will be won by innovating on distribution, incentive design and UX.

Category:Dexs

WebsiteTwitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Swap fees paid by usersView code on GitHubRevenue: Percentage of swap fees going to treasury and/or token holdersView code on GitHubDEX Volume: Volume of all spot token swaps that go through the protocolView code on GitHub

Competitors

Curve DEX ($2.229b)Hyperliquid Spot Orderbook ($130.33m)Balancer V3 ($89.56m)Ring Few ($59.87m)Valantis STEX ($20.5m)HyperSwap V3 ($18.21m)Ramses CL ($8.14m)Ramses HL ($7.88m)WOOFi Swap ($7.58m)HyperSwap V2 ($2.85m)

Income Statement for Project X

Q4 2025*Q3 2025
Fees$9.85m$11.21m
Revenue$1.41m$1.6m
Earnings$1.41m$1.6m