Total Value Locked$42.31m
TVL by Chain
Ethereum$42.31m
Key Metrics
Fees 30d$4,539
Fees 30d by chain
Ethereum$4,539
Fees 7d$1,643
Ethereum$1,643
Fees 24h$361
Ethereum$361
Cumulative Fees$18,924
Ethereum$18,924
Revenue 30d$4,539
Revenue 30d by chain
Ethereum$4,539
Revenue 7d$1,643
Ethereum$1,643
Revenue 24h$361
Ethereum$361
Cumulative Revenue$17,937
Ethereum$17,937
Total Raised$4.75m
Nov 6, 2025$750,000Round: Angel RoundInvestors: Curved Ventures, Steakhouse Financial, Daedalus
Apr 23, 2026$4mRound: SeedInvestors: Maven 11, F-Prime Capital, GSR, Metalayer Ventures, Susquehanna, Gate Ventures, Pivot Global, Komorebi Collective, serotonin
Protocol Information
3F is a vault protocol built on Morpho that gives you leveraged exposure to tokenized RWAs.
Methodology
TVL: Value of assets locked inside all wrapper tokens.View code on GitHubFees: 3F charges two fees on its leveraged RWA positions. The performance fee is taken on the return of the leveraged collateral, after subtracting the cost of the borrowed debt. The management fee is taken on the full value of the RWA collateral, including the leveraged portion, rather than only the user's deposited capital. Fees are accrued and collected when positions are updated, so a single day can include fees that built up over the preceding days or weeks.View code on GitHubRevenue: Both the management and performance fees are paid to the protocol, so revenue equals the total fees collected.View code on GitHubYields
Pools Tracked12
Average Supply APY1.95%
Competitors
3F history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from May 11, 2026 to Oct 22, 2026.
All-time high TVL: $42.41m on Oct 21, 2026. All-time low TVL: $6.66m on May 14, 2026.
Daily TVL, Sep 23, 2026 to Oct 22, 2026
| Date | TVL |
|---|---|
| Sep 23, 2026 | $37.71m |
| Sep 24, 2026 | $40.18m |
| Sep 25, 2026 | $40.24m |
| Sep 26, 2026 | $40.28m |
| Sep 27, 2026 | $40.28m |
| Sep 28, 2026 | $40.29m |
| Sep 29, 2026 | $40.5m |
| Sep 30, 2026 | $40.5m |
| Oct 1, 2026 | $40.62m |
| Oct 2, 2026 | $39.85m |
| Oct 3, 2026 | $41.83m |
| Oct 4, 2026 | $41.83m |
| Oct 5, 2026 | $41.83m |
| Oct 6, 2026 | $40.13m |
| Oct 7, 2026 | $41.4m |
| Oct 8, 2026 | $41.4m |
| Oct 9, 2026 | $41.4m |
| Oct 10, 2026 | $41.4m |
| Oct 11, 2026 | $41.41m |
| Oct 12, 2026 | $41.41m |
| Oct 13, 2026 | $41.41m |
| Oct 14, 2026 | $41.61m |
| Oct 15, 2026 | $38m |
| Oct 16, 2026 | $38m |
| Oct 17, 2026 | $39.74m |
| Oct 18, 2026 | $39.74m |
| Oct 19, 2026 | $39.74m |
| Oct 20, 2026 | $42.39m |
| Oct 21, 2026 | $42.41m |
| Oct 22, 2026 | $42.31m |
TVL at each month end, May 2026 to Oct 2026
| Date | TVL |
|---|---|
| May 31, 2026 | $8.58m |
| Jun 30, 2026 | $13.13m |
| Jul 31, 2026 | $26.29m |
| Aug 31, 2026 | $29.2m |
| Sep 30, 2026 | $40.5m |
| Oct 22, 2026 (latest) | $42.31m |
Fees and revenue by UTC calendar month, Apr 2026 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Apr 2026 | $67.11 | $67.11 |
| May 2026 | $424.36 | $424.36 |
| Jun 2026 | $1,770 | $782.78 |
| Jul 2026 | $5,825 | $5,825 |
| Aug 2026 | $2,396 | $2,396 |
| Sep 2026 | $5,729 | $5,729 |
| Oct 2026 (to date) | $2,712 | $2,712 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/3f
Frequently asked questions
What is 3F's TVL?
As of Oct 22, 2026, 3F has $42.31m in total value locked. TVL has increased 19.7% over the past 30 days.
How much has 3F generated in fees and revenue?
Over the past 30 days, 3F generated $4,539 in fees. Of that, $4,539 was protocol revenue. Based on the trailing year, the annualized rate is $37,951 in fees and $35,972 in revenue.
How does 3F's TVL compare to similar protocols?
Among Leveraged Farming protocols tracked by DefiLlama, 3F ranks #3 by TVL. The category holds $282.65m across 39 protocols, and 3F accounts for 15% of that total. Similar protocols include Yield Basis, Origami Finance, AirPuff, Loop, Arcadia V1, VII Finance, Zenith, Yieldoor, Archimedes Finance, and Marginal.
How many yield pools does 3F have?
DefiLlama tracks 12 3F yield pools with an average APY of 2%.

