ekubo protocol00
$ekubo
MCAP25.87M
+6.90%

what's ekubo protocol?

Ekubo Protocol is a decentralized exchange (DEX) operating as a concentrated liquidity automated market maker (AMM) primarily on Starknet, with recent expansion to Ethereum via V2. It optimizes capital efficiency by allowing liquidity providers to concentrate positions in customizable price ranges, resulting in lower fees and better pricing for traders compared to traditional AMMs. The protocol's EKUBO token enables governance participation, staking for rewards with enhanced APR incentives, and supports an open ecosystem for third-party extensions like TWAMM. Ekubo emphasizes transparency, achieving a high score on the Token Transparency Framework with fully distributed tokens, no traditional market makers, and real-time onchain treasury visibility. It has demonstrated strong performance with billions in cumulative trading volume and ongoing upgrades reducing gas costs by up to 30% for swaps. The team is actively discussing open-sourcing the protocol to further decentralize and innovate within the DeFi space on Starknet and Ethereum.

Snapshot

Ekubo Protocol and Uniswap v4 maintain ~2.5M in concentrated liquidity as of Dec 28, 2025.

contract

starknet

ethereum

2W ago
ONCHAIN METRICS

maintains approximately 2.5 million in concentrated liquidity across Uniswap v4 and Ekubo Protocol combined as of December 28, 2025

1M ago

Ekubo Protocol now directs liquidity and incentives exclusively to native USDC, with users holding USDC.e missing out on available rewards.

A competitive security audit with a $183,500 prize pool ends on December 10th.

$BOLD token deposits now available earning 10% APR through integration with GyroStable.

Ekubo Protocol is listed as a Day 1 application for USDC and CCTP (Cross-Chain Transfer Protocol) going live on Starknet, enabling native USDC support with cross-chain capabilities.

V2 is 25% more gas efficient than competitors and V3 will widen that advantage by another 20%.

Users have queued 552 ETH for a STRK token DCA buy order set to execute over the next 3 days.

A tBTC/wBTC liquidity pool offers ~20% APY with correlated Bitcoin pair stability.

SushiSwap becomes the first licensee of the multi-chain AMM infrastructure, marking a major partnership for the licensing model previously announced.

The 21-day audit competition begins with $183,500 in prizes for vulnerability discovery. The protocol releases its third EVM version with whitepaper and code.

Last month TVL on Starknet increased by $40M while daily volume jumped 25x.

The protocol plans to open source V3 and introduce a license model in the next weeks or months.

Ekubo V3 is unveiled as a new AMM architecture, described as the most efficient, decentralized, and licenseable design to date.

A BOLD/USDC liquidity pool offers 25% APR with yield paid in BOLD tokens.

2M ago

An audit competition with a $183,500 prize pool launches in one week and runs for 21 days.

AMM infrastructure deployment across every EVM chain is scheduled within the next month. (ID: 1988441689439301744)

A 19-day competitive audit launches to secure the codebase, with contracts positioned as a platform for next generation AMMs on EVM chains.

The platform launches an ebuSD-BOLD liquidity pool with ebisu_finance, providing 750,000 xEBISU incentives to liquidity providers.

Platform launches as official partner for tBTC integration on Starknet, deploying WBTC-tBTC and xtBTC-tBTC liquidity pools with double-digit STRK APR incentives.

A new USDU/USDC liquidity pool launches on the platform as part of Uncap Finance's BTC-backed stablecoin integration.

3M ago

Weekly revenue surpasses $100,000 for the first time ever, with 100% of revenue used for token buybacks.

Current metrics show $50M FDV and $4B monthly trading volume, significantly undervalued compared to Uniswap's valuation-to-volume ratio (160x lower valuation for only 5x less volume).

Open source version of the protocol achieves 20% gas cost reduction for fixed swaps (from 25k to 20k), improving pricing for traders and fees for liquidity providers.

Project achieves 39/40 score on Token Transparency Framework with all tokens distributed without traditional market maker or CEX arrangements, featuring real-time onchain treasury visibility.

Protocol development team completed a week of optimization work on the next version with significant Oracle improvements, particularly reducing costs for on-chain asset price history functionality.

The incentive structure offers opportunities to earn 2x, 3x, or even 5x the listed APR on the rewards page.

4M ago

Team considers open sourcing the protocol, topic discussed in recent town hall.

gEKUBO-26Q2 wrapper token system launches with 1:1 EKUBO conversion unlocking March 31st, 2026, featuring automatic AMM-integrated wrapping/unwrapping and designed to reduce mercenary farming while enabling yield opportunities for believers.

0x support goes live, adding swap aggregation capabilities and approval-less transactions to the platform.

Protocol achieves $27B in cumulative volume and 1.06M trades within six months, establishing itself as one of the fastest-scaling DEXs.

DAO launches 3-month incentive program distributing 36,400 gEKUBO rewards, featuring MEV-resist pools and BOLD/EKUBO double incentives.

Achieves #2 DEX position on Ethereum by weekly volume; launching incentives for 20 new pairs on September 3rd

Monthly dapp volume increases 45% to $1.83B, driven by concentrated liquidity mechanism on growing Starknet network.

Protocol executes record $40,000 daily buyback as part of 200,000 token repurchase program, while preparing to expand with 20 new trading pairs on Ethereum mainnet.

Liquidity Protocol extends voter bribing for 3 months, adding EKUBO/BOLD LP incentives.

DAO implements token reward locking system to optimize incentive distribution with reduced market impact.

Protocol achieves $775M daily volume with sub-$30M TVL, demonstrating 25.8x capital efficiency through 30% more efficient swaps.

Weekly volume hits 8 consecutive ATHs reaching $4.37B while daily fees exceed $100K for first time since May 2024, demonstrating accelerating growth and adoption.

New 3-month LP incentives program launches using 20,000 tokens from protocol buybacks.

5M ago

Protocol buyback reaches 197,449 tokens (2% of total supply), currently valued at $1.3M.

Stablecoin liquidity providers earn 92% APR in USDe-USDT pool.

Active fee switch enables $1.5M token buyback from protocol revenues.

Protocol achieves #2 DEX position on Ethereum with only $14M TVL, demonstrating exceptional capital efficiency.

Protocol achieves $0.4B daily trading volume within 3 months of mainnet launch

Stablecoin liquidity providers earn 13% APY

Record weekly rewards achieved with 100% $BOLD allocation to liquidity providers in protocol and GyroStable pools.

Protocol dominates trading metrics with 4x volume versus competitors and 40% market share capture.

New liquidity provider incentive mechanism launches with focus on capital efficiency per dollar invested.

Token reaches all-time high price levels

Fully diluted market cap surges 600% post-launch.

MEV-resistant EURC-USDC pools launch on mainnet offering 25% APR, while L2 expansion plans are in development phase.

$LQTY stakers eligible for voting rewards through protocol initiatives, with first claims now available.

Protocol leads BOLD farming rates at 18% APR, outperforming eight competitor platforms.

6M ago

Liquidity incentive claims open with $8k distribution over 8 weeks, contingent on voting participation.

BOLD pool depositors eligible for fork airdrops, joining users from multiple major DeFi protocols.

USDC-USDT pool generates $736 daily fees with 8% token incentives, outperforming competitor pools on capital efficiency.

New liquidity incentives program initiates with revenue buybacks, leveraging aggregator routing for enhanced trading efficiency.

Trading volume surpasses $1B milestone while maintaining highest efficiency among Ethereum AMMs.

Protocol's TWAMM enables zero-fee trading through direct order flow matching.

BOLD rewards distribution increases to 2.5k next week, up 66% from current 1.5k allocation.

Fork Reward Leaderboard expands to include seven new participant categories across major DeFi protocols including Curve, Yearn, Pendle, and Spectra.

Stability Pool variants sBOLD and ysyBOLD earn 5.5% base yield, with additional protocols offering 15%+ APR, while 20+ protocol forks provide supplementary airdrop opportunities.

Bribe program yields 3x liquidity increase and 8x volume growth following 1,500 BOLD distribution.

New voting initiative launched with continued bribing program, requiring vote migration from previous proposal.

BOLD/USDC liquidity pool offers 40%+ APR yield opportunity.

Secures 4.39% of epoch votes with 1,500 BOLD rewards, announces 11-week incentive commitment

LQTY reports 97% token issuance with 60% staked, controlling 25% of revenue, while expanding ecosystem through multiple new planned integrations including Morpho Labs, Pendle Finance, and IPOR.

1.4M LQTY tokens allocated to support protocol integration, with new incentive campaign targeting both BOLD LPs and LQTY voters.

7M ago

Bribing mechanism demonstrates 1.7x return with $LQTY voters, where $1,000 SDEX converted to 1,773 BOLD using 5% of votes.

New BOLD/USDC pool launches with PIL-funded LP incentives; initial bribe activity demonstrates 76% ROI through emissions.

Protocol achieves revenue-positive milestone on Ethereum mainnet while maintaining 10-15%+ APR on stable pairs and 50-100%+ APR on volatile pairs.

New MEV-resistant feature launching this week enables stable pair LPs to capture increased fees from frontrunning activity.

TVL increases 50% with rising trading volume while maintaining stable incentive APR.

New WBTC/cbBTC liquidity pool launches with 30% APR yield incentives on Ethereum.

New yield program offers 55-70% APR across major trading pairs, with ETH/USDC pools earning 2x Uniswap rates plus additional rewards.

Wave Zero incentive program launches with 18,750 EKUBO tokens distributed across four major trading pairs over three months.

ETH/USDC pools outperform Uniswap V3 by 2.4x APR; additional Wave Zero rewards program starts next week

Leading swap rates for $BOLD token available with zero aggregator fees.

8M ago

DAO secures funding for Ethereum mainnet initiative; token rewards distribution to select pools begins in coming weeks.

New protocol upgrade implements EIP-7702 batch calls, eliminating separate token approvals and reducing gas costs to ~115k for WBTC-ETH swaps.

Protocol demonstrates superior swap routing capabilities, generating unexpected yields through integration with 0x Project.

Protocol expands to Ethereum with TWAMM launch; automated buyback system implementation imminent.

Protocol demonstrates superior gas efficiency and LP revenue potential compared to Uniswap v2, with advanced features including Oracle/TWAMM functionality.

Active trading protocol on Starknet with live DCA and limit order features.

9M ago

New arbitrage mechanism enables profitable trades without token transfers, achieving 91.6k gas usage per transaction.

Protocol ranks among top 3 applications on Starknet by monthly active addresses.

ARFC proposal submitted for integration with Aave DAO to enable automated token buybacks using TWAMM technology.

Major DEX aggregators could save users $25k daily through stable swap routing, while reducing gas costs and improving pricing.

DCA order feature in mainnet testing phase; implements TWAMM extension for enhanced swap routing.

New BTC and ETH liquidity pools launching on Starknet platform.

AMM protocol that fair launched their token with ticker $EKUBO after finding product-market fit

TVL and volume noted as declining. Trading at 66M market cap with 3M daily volume on Starknet.

V2 launched on mainnet with Paraswap integration. Delphi Digital investment noted.

V2 launched on Ethereum, offering 30% cheaper trading and new features.

V2 launched on Ethereum with reported 30% cheaper usage than other AMMs. Price moved from $4.50 to $6.8.

10M ago

Showing strength ahead of upcoming mainnet deployment.

11M ago

Next version on mainnet will use ETH for oracle pools with gas costs reduced by more than 50% for arbitrage.

DAO executed proposal to add $200k liquidity to oracle pools on mainnet with 0% fee for atomic arbitrage.

DeFi protocol and AMM featuring privacy pools, native account abstraction, onchain DCA. Described as DAO-run and fair-launched.

1Y ago

Starknet DEX with fair launched token, $28.9M market cap at $2.89 price, $30M 24h volume, $63M TVL. Features include auto DCA.