Total Value Locked$271,654
TVL by Chain
OP Mainnet$136,642
Base$115,532
Ethereum$17,028
Arbitrum$2,452
Key Metrics
Fees 30d$1,358
Fees 30d by chain
Ethereum$697.92
Base$661.56
Arbitrum$0
OP Mainnet$0
Fees 7d$135.45
Base$126.53
Ethereum$8.92
Arbitrum$0
OP Mainnet$0
Fees 24h$24.49
Base$22.53
Ethereum$1.96
Arbitrum$0
OP Mainnet$0
Cumulative Fees$6,455
Base$5,303
Ethereum$758.23
OP Mainnet$291
Arbitrum$104.68
Revenue 30d$254.55
Revenue 30d by chain
Base$131.82
Ethereum$122.74
Arbitrum$0
OP Mainnet$0
Revenue 7d$26.43
Base$24.95
Ethereum$1.49
Arbitrum$0
OP Mainnet$0
Revenue 24h$4.58
Base$4.26
Ethereum$0.33
Arbitrum$0
OP Mainnet$0
Cumulative Revenue$4,052
Base$3,523
OP Mainnet$291
Ethereum$133.08
Arbitrum$104.68
Holders Revenue 30d$0
Holders Revenue 30d by chain
Arbitrum$0
Base$0
Ethereum$0
OP Mainnet$0
Holders Revenue 7d$0
Arbitrum$0
Base$0
Ethereum$0
OP Mainnet$0
Holders Revenue 24h$0
Arbitrum$0
Base$0
Ethereum$0
OP Mainnet$0
Cumulative Holders Revenue$0
Arbitrum$0
Base$0
Ethereum$0
OP Mainnet$0
DEX Volume 30d$1.34m
DEX Volume 30d by chain
Base$1.11m
Ethereum$226,948
Arbitrum$0
OP Mainnet$0
DEX Volume 7d$232,425
Base$229,549
Ethereum$2,876
Arbitrum$0
OP Mainnet$0
DEX Volume 24h$31,741
Base$31,384
Ethereum$357
Arbitrum$0
OP Mainnet$0
Cumulative DEX Volume$216.95m
OP Mainnet$198.55m
Base$16.32m
Arbitrum$1.78m
Ethereum$292,862
Market Cap$144,109
$RUBI Price$0.00017
$1.66m
$RUBI Volume 24h$2,394
CEX Volume$0
DEX Volume$2,293(95.77% of total)
Treasury$400,438
$4,989
Stablecoins$2,988
Own Tokens$392,449
Others$12.38
Total Raised$1.5m
Dec 16, 2021$1.5mRound: Seed
Protocol Information
An on-chain order book protocol for Ethereum. Built on leading L2 networks.
Sub Category: Order Book
Audits:
Methodology
TVL: Sums tokens locked across Rubicon's liquidity systems: Classic V1 (RubiconMarket order book plus Optimism bath-pool vaults), Aquila V2 (UniswapV2-fork AMM), and CLMM V3 (UniswapV3-fork concentrated liquidity).View code on GitHubFees: Total user-paid trading fees across all four systems: Aquila V2 = 30 bps × swap notional, CLMM V3 = per-pool tier (5/30/100 bps) × swap notional, Classic = 2 bps × take-event notional.View code on GitHubRevenue: Protocol cut: Aquila V2 ~5 bps (1/6 of LP fee) on OP/Arb/Base where factory.feeTo is set, 0 on mainnet; CLMM V3 read live per-pool per-timeslot from pool.slot0().feeProtocol (currently 1/6 on the Arbitrum and Base pools checked, 0 where the fee switch is off), so historical periods before any fee-switch change are attributed correctly; Classic 100% of the 2 bps taker fee.View code on GitHubHolders Revenue: Money going to governance token holdersView code on GitHubDEX Volume: Total daily trading volume across Rubicon's four systems: Aquila V2 (UniV2-fork AMM, Swap events on pairs), CLMM V3 (UniV3-fork concentrated liquidity, Swap events on pools), Classic (RubiconMarket order book, LogTake/emitTake events; currently dormant), and Gladius (UniswapX-fork RFQ reactor, Fill events resolved to filler→swapper ERC20 transfers).View code on GitHubTreasury: Value of tokens owned by the protocolYields
Pools Tracked5
Average Supply APY22.51%
Competitors
Frequently Asked Questions
What is Rubicon's TVL?
Rubicon currently has $271,654 in total value locked. TVL has increased 4.5% over the past 30 days.
What chains does Rubicon operate on?
Rubicon operates on 4 chains: OP Mainnet, Base, Ethereum, and Arbitrum. OP Mainnet holds the largest share at 50.3%.
How much has Rubicon generated in fees and revenue?
Over the past 30 days, Rubicon generated $1,358 in fees. Of that, $254.55 was protocol revenue. Based on the trailing year, the annualized rate is $5,347 in fees and $2,964 in revenue.
What is the RUBI token price and valuation?
RUBI is currently trading at $0.00017. Its circulating market capitalization is $144,314, ranking it #6,020. Its fully diluted valuation is $1.66m. Supply currently stands at 868.7m circulating, 10b total supply, 10b maximum supply.
How has RUBI performed recently?
RUBI is down 6.2% over the past 7 days and down 0.4% over the past 30 days. Its all-time high is $0.0015, reached on Jun 1, 2025. The token is currently 89.2% below that level.
How does Rubicon's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Rubicon ranks #439 by TVL. The category holds $14.096b across 1,937 protocols, and Rubicon accounts for <0.1% of that total. Other leading protocols include Uniswap V3, Uniswap V4, Curve DEX, Uniswap V2, SushiSwap V3, SushiSwap, Balancer V3, DODO AMM, WOOFi Swap, and Wombat Exchange.
How much trading volume does Rubicon process?
Rubicon processed $1.34m in DEX volume over the past 30 days.
Does Rubicon have a treasury?
Rubicon has a tracked treasury currently valued at $400,438. Its holdings include $2,988 in stablecoins, $4,989 in major assets, $392,449 in its own tokens, $12.38 in other assets.

