Minswap vs Project X

Minswap

Minswap

Dexs

Minswap aims to be the best liquidity provider on the market by integrating the best asset pool models from across the DEX ecosystem into one protocol.

πŸ‘‘ Overall Winner
Project X

Project X

Dexs

Project X is a high-volume decentralized exchange on Hyperliquid L1, focused on optimizing distribution, incentives, and user experience.

Metric Minswap Project X
Volume (24h) $1.1M $95.5M πŸ†
Volume (7d) $3.8M $268.0M
Volume (30d) $17.6M $1.72B
TVL $35.6M $41.3M πŸ†
Supported Chains 1 1
Fees (24h) $6K $45K πŸ†
Fees (7d) $49K $270K
Fees (30d) $224K $1.8M
Revenue (24h) $2K $6K
Revenue (30d) $78K $253K
Market Cap $6.8M N/A
FDV $9.5M N/A
Trading Pairs 116 πŸ† 107
Supported Coins 72 37
Year Established 2022 2025
Audit Status πŸ›‘οΈ Audited Not Audited
πŸ† Project X leads 3:1

Minswap β€” Supported Chains (1)

Cardano

Project X β€” Supported Chains (1)

Hyperliquid L1

πŸ“ˆ Historical Trends

Left axis = Minswap (purple), Right axis = Project X (green) β€” independent scales

TVL (Total Value Locked)

Total USD value of assets deposited, representing user trust and liquidity depth.

Daily Trading Volume

Total trading volume over 24 hours, indicating platform activity and market-maker opportunities.

Daily Fees

Total trading fees paid by users, representing the gross value created for Liquidity Providers (LPs).

Daily Revenue

The portion of fees distributed to token holders or the protocol treasury, showing actual protocol profitability.

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