⌘KTry LlamaAI

Ajna V2(AJNA)

Q: How much has been borrowed through Ajna V2?

As of Oct 20, 2026, Ajna V2 has $6,111 in active loans.

Q: Has Ajna V2 ever been exploited?

Ajna V2 has 1 recorded security incident. The most recent incident occurred on Aug 28, 2026 and involved $775,400. It was classified as Protocol Logic.

Total Value Locked$46,869

TVL by Chain

Ethereum$29,835

Arbitrum$7,815

Base$5,984

OP Mainnet$2,388

Polygon$635.39

Avalanche$111.43

Hemi$65.41

Filecoin$30

Blast$2.06

BSC$1.04

Gnosis$1

Linea$0

Mode$0

Rari$0

Key Metrics

Fees 30d$306.41

Fees 30d by chain

Ethereum$187.50

Base$81.11

OP Mainnet$32.51

Arbitrum$2.47

Hemi$1.95

Avalanche$0.44

Polygon$0.43

Blast$0

BSC$0

Filecoin$0

Gnosis$0

Linea$0

Mode$0

Fees 7d$1.62

Ethereum$1.62

Arbitrum$0

Avalanche$0

Base$0

Blast$0

BSC$0

Filecoin$0

Gnosis$0

Hemi$0

Linea$0

Mode$0

OP Mainnet$0

Polygon$0

Fees 24h$0.13

Base$0.13

Arbitrum$0

Avalanche$0

Blast$0

BSC$0

Ethereum$0

Filecoin$0

Gnosis$0

Hemi$0

Linea$0

Mode$0

OP Mainnet$0

Polygon$0

Cumulative Fees$27,324

Ethereum$26,252

Base$678.92

OP Mainnet$265.95

Arbitrum$76.29

Rari$25.67

Polygon$12.46

Hemi$10.65

Avalanche$2.12

Blast$0

BSC$0

Filecoin$0

Gnosis$0

Linea$0

Mode$0

Revenue 30d$299.41

Revenue 30d by chain

Ethereum$186.71

Base$80.59

OP Mainnet$31.57

Arbitrum$0.36

Hemi$0.13

Avalanche$0.04

Blast$0

BSC$0

Filecoin$0

Gnosis$0

Linea$0

Mode$0

Polygon$0

Revenue 7d$1.60

Ethereum$1.60

Arbitrum$0

Avalanche$0

Base$0

Blast$0

BSC$0

Filecoin$0

Gnosis$0

Hemi$0

Linea$0

Mode$0

OP Mainnet$0

Polygon$0

Revenue 24h$0.03

Base$0.02

Arbitrum$0

Avalanche$0

Blast$0

BSC$0

Ethereum$0

Filecoin$0

Gnosis$0

Hemi$0

Linea$0

Mode$0

OP Mainnet$0

Polygon$0

Cumulative Revenue$9,085

Ethereum$8,872

Base$142.98

OP Mainnet$59.64

Arbitrum$8.04

Rari$1.55

Avalanche$0.36

Hemi$0.19

Polygon$0.03

Blast$0

BSC$0

Filecoin$0

Gnosis$0

Linea$0

Mode$0

Holders Revenue 30d$5.60

Holders Revenue 30d by chain

Ethereum$5.22

Base$0.38

Arbitrum$0

Avalanche$0

Blast$0

BSC$0

Filecoin$0

Gnosis$0

Hemi$0

Linea$0

Mode$0

OP Mainnet$0

Polygon$0

Holders Revenue 7d$0

Arbitrum$0

Avalanche$0

Base$0

Blast$0

BSC$0

Ethereum$0

Filecoin$0

Gnosis$0

Hemi$0

Linea$0

Mode$0

OP Mainnet$0

Polygon$0

Holders Revenue 24h$0

Arbitrum$0

Avalanche$0

Base$0

Blast$0

BSC$0

Ethereum$0

Filecoin$0

Gnosis$0

Hemi$0

Linea$0

Mode$0

OP Mainnet$0

Polygon$0

Cumulative Holders Revenue$410.57

Ethereum$402.95

Base$7.24

OP Mainnet$0.38

Arbitrum$0

Avalanche$0

Blast$0

BSC$0

Filecoin$0

Gnosis$0

Hemi$0

Linea$0

Mode$0

Polygon$0

Rari$0

Active Loans$6,111

Protocol Information

Ajna is a peer to peer, oracleless, permissionless lending protocol with no governance, accepting both fungible and non fungible tokens as collateral

Website X/Twitter

Category:Lending

Audits:

Methodology

TVL: We are not tracking this tokens: bfBTC and msBTC Fees: Total interest paid by borrowers: ~85-90% to lenders and ~10-15% to protocol reserves Revenue: ~10-15% of borrower interest accumulated in pool reserves, held by the protocol pending reserve auctions Holders Revenue: Accumulated reserves auctioned periodically to buy back and burn AJNA tokens

Hacks

Date: Aug 28, 2026

Amount: $775,400

Classification: Protocol Logic

Technique: Liquidation Logic Flaw

Chains: Ethereum

Language: Solidity

Target Type: DeFi Protocol

Competitors

Morpho Blue ($11.027b)Aave V3 ($16.853b)Tarot ($698,515)Impermax V2 ($566,201)PWN ($21,741)OmniBTC ($2.01m)Prime Protocol ($251.12)Compound V3 ($1.393b)Euler V2 ($290.09m)Unitus ($6.35m)

Income statement for Ajna V2

YearlyQuarterlyMonthlyCumulative

	Q4 2026*	Q3 2026	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025
Gross Protocol Revenue	$19.31	$8.27K	$156.93	$2.4K	$4.28K	$4.31K	$6.37K	$1.52K
Reserve accumulation	$0	$0	$0	$1	$0	$0	$4	$593
Borrow Interest	$19.31	$8.27K	$156.93	$2.38K	$3.49K	$632.99	$278	$924
Token Buy Back	$0	$0	$0	$16	$0	$0	$0	$0
Cost of Revenue	$0.73	$128.46	$130.79	$2.23K	$3.55K	$3.78K	$5.68K	$924
Borrow Interest	$0.73	$128.46	$130.79	$2.23K	$2.81K	$576.13	$278	$924
Gross Profit	$18.56	$8.14K	$27.39	$163.91	$671.12	$57.25	$2	$0
Reserve Accumulation	$18.56	$8.14K	$27.39	$147.91	$671.12	$57.25	$0	$0
Token Buy Back	$0	$0	$0	$16	$0	$0	$0	$0
Earnings	$18.56	$8.14K	$27.39	$163.91	$671.12	$57.25	$2	$0
Token Holder Net Income	$0	$242.60	$109.21	$25.73	$17.03	$14	$2	$0
Token Buy Back	$0	$242.60	$109.21	$25.73	$17.03	$14	$0	$0

Income flow visualization

YearlyQuarterlyMonthlyCumulative

Ajna V2 history

TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from Jan 12, 2024 to Oct 20, 2026.

All-time high TVL: $30.33m on Mar 14, 2024. All-time low TVL: $45,851 on Oct 18, 2026.

Daily TVL, Sep 21, 2026 to Oct 20, 2026

Date	TVL
Sep 21, 2026	$61,747
Sep 22, 2026	$65,088
Sep 23, 2026	$51,670
Sep 24, 2026	$50,845
Sep 25, 2026	$50,828
Sep 26, 2026	$53,981
Sep 27, 2026	$54,061
Sep 28, 2026	$51,322
Sep 29, 2026	$53,976
Sep 30, 2026	$50,670
Oct 1, 2026	$50,001
Oct 2, 2026	$50,233
Oct 3, 2026	$53,349
Oct 4, 2026	$53,581
Oct 5, 2026	$50,134
Oct 6, 2026	$48,206
Oct 7, 2026	$48,446
Oct 8, 2026	$48,143
Oct 9, 2026	$47,980
Oct 10, 2026	$48,194
Oct 11, 2026	$47,661
Oct 12, 2026	$47,802
Oct 13, 2026	$46,954
Oct 14, 2026	$46,412
Oct 15, 2026	$49,507
Oct 16, 2026	$47,018
Oct 17, 2026	$46,328
Oct 18, 2026	$45,851
Oct 19, 2026	$46,431
Oct 20, 2026	$46,471

TVL at each month end, Nov 2024 to Oct 2026

Date	TVL
Nov 30, 2024	$3.42m
Dec 31, 2024	$3.23m
Jan 31, 2025	$3.11m
Feb 28, 2025	$2.41m
Mar 31, 2025	$2.02m
Apr 28, 2025	$2.17m
May 31, 2025	$1.02m
Jun 30, 2025	$1.03m
Jul 31, 2025	$966,300
Aug 31, 2025	$987,152
Sep 30, 2025	$1.05m
Oct 31, 2025	$1m
Nov 30, 2025	$815,555
Dec 31, 2025	$765,879
Jan 31, 2026	$670,927
Feb 28, 2026	$562,553
Mar 31, 2026	$571,621
Apr 30, 2026	$580,683
May 31, 2026	$566,149
Jun 30, 2026	$440,920
Jul 9, 2026	$449,776
Aug 31, 2026	$210,620
Sep 30, 2026	$50,670
Oct 20, 2026 (latest)	$46,471

TVL at each year end, Dec 31, 2024 to Dec 31, 2025

Date	TVL
Dec 31, 2024	$3.23m
Dec 31, 2025	$765,879

Fees, revenue and holders revenue by UTC calendar month, Mar 2025 to Oct 2026

Month	Fees	Revenue	Holders revenue
Mar 2025	$1,519	$0	$0
Apr 2025	$1,586	$0	$0
May 2025	$1,645	$1	$1
Jun 2025	$3,141	$1	$1
Jul 2025	$2,789	$0	$0
Aug 2025	$688.54	$31.14	$14
Sep 2025	$833.45	$26.11	$0
Oct 2025	$1,529	$62.03	$0
Nov 2025	$1,651	$570.60	$0.38
Dec 2025	$1,097	$38.49	$16.65
Jan 2026	$2,079	$102.61	$0
Feb 2026	$96	$25.89	$6.02
Mar 2026	$223.16	$35.41	$19.71
Apr 2026	$54.10	$12.27	$109.13
May 2026	$51.81	$4.09	$0
Jun 2026	$51.02	$11.03	$0.08
Jul 2026	$2.67	$0.38	$0
Aug 2026	$7,912	$7,795	$194
Sep 2026	$355.13	$348.50	$48.60
Oct 2026 (to date)	$19.31	$18.56	$0

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/ajna-v2

Frequently asked questions

What is Ajna V2's TVL?

As of Oct 20, 2026, Ajna V2 has $46,869 in total value locked. TVL has decreased 25.6% over the past 30 days.

What chains does Ajna V2 operate on?

Ajna V2 operates on 14 chains: Ethereum, Arbitrum, Base, OP Mainnet, and Polygon and 9 others. Ethereum holds the largest share at 63.7%.

How much has Ajna V2 generated in fees and revenue?

Over the past 30 days, Ajna V2 generated $306.41 in fees. Of that, $299.41 was protocol revenue. Based on the trailing year, the annualized rate is $14,504 in fees and $8,985 in revenue.

How does Ajna V2's TVL compare to similar protocols?

Among Lending protocols tracked by DefiLlama, Ajna V2 ranks #253 by TVL. The category holds $51.323b across 515 protocols, and Ajna V2 accounts for <0.1% of that total. Other leading protocols include Morpho Blue, Aave V3, Tarot, Impermax V2, PWN, OmniBTC, Prime Protocol, Compound V3, Euler V2, and Unitus.

How much has been borrowed through Ajna V2?

As of Oct 20, 2026, Ajna V2 has $6,111 in active loans.

Has Ajna V2 ever been exploited?

Ajna V2 has 1 recorded security incident. The most recent incident occurred on Aug 28, 2026 and involved $775,400. It was classified as Protocol Logic.