Total Value Locked$679.83m
TVL by Chain
Ethereum$476.62m
Arbitrum$138.24m
Plasma$37.78m
Base$23.17m
Polygon$4.01m
Key Metrics
Fees 30d$3.44m
Fees 30d by chain
Ethereum$2.23m
Arbitrum$605,167
Plasma$313,555
Solana$224,645
Base$60,783
Polygon$5,012
Fees 7d$701,784
Ethereum$459,563
Arbitrum$130,376
Solana$59,380
Plasma$36,370
Base$14,968
Polygon$1,127
Fees 24h$91,580
Ethereum$58,562
Arbitrum$17,650
Solana$9,067
Plasma$4,218
Base$1,933
Polygon$150
Cumulative Fees$113.44m
Ethereum$85.87m
Plasma$11.94m
Arbitrum$11.27m
Solana$2.04m
Base$2.02m
Polygon$302,916
Revenue 30d$563,208
Revenue 30d by chain
Ethereum$230,907
Solana$224,645
Arbitrum$69,596
Plasma$31,474
Base$6,085
Polygon$501
Revenue 7d$131,266
Solana$59,380
Ethereum$50,684
Arbitrum$15,821
Plasma$3,768
Base$1,500
Polygon$113
Revenue 24h$18,327
Solana$9,067
Ethereum$6,442
Arbitrum$2,155
Plasma$454
Base$194
Polygon$15
Cumulative Revenue$14.16m
Ethereum$9.62m
Solana$2.04m
Plasma$1.4m
Arbitrum$853,204
Base$202,493
Polygon$32,394
Holders Revenue 30d$0
Holders Revenue 30d by chain
Arbitrum$0
Base$0
Ethereum$0
Plasma$0
Polygon$0
Solana$0
Holders Revenue 7d$0
Arbitrum$0
Base$0
Ethereum$0
Plasma$0
Polygon$0
Solana$0
Holders Revenue 24h$0
Arbitrum$0
Base$0
Ethereum$0
Plasma$0
Polygon$0
Solana$0
Cumulative Holders Revenue$4.75m
Ethereum$4.75m
Arbitrum$0
Base$0
Plasma$0
Polygon$0
Solana$0
Collateral Liquidated 30d$281,245
Collateral Liquidated 30d by chain
Ethereum$244,265
Base$29,674
Arbitrum$7,307
Plasma$0
Polygon$0
Collateral Liquidated 7d$146,726
Ethereum$120,569
Base$23,790
Arbitrum$2,368
Plasma$0
Polygon$0
Collateral Liquidated 24h$0
Arbitrum$0
Base$0
Ethereum$0
Plasma$0
Polygon$0
Cumulative Collateral Liquidated$281,245
Ethereum$244,265
Base$29,674
Arbitrum$7,307
Plasma$0
Polygon$0
Active Loans$671.34m
Protocol Information
An ever-evolving DeFi protocol and financial system of the future by Instadapp
Audits:
Methodology
TVL: Counts the tokens locked in the contracts to be used as collateral to borrow or to earn yield. Borrowed coins are not counted towards the TVL, so only the coins actually locked in the contracts are counted. There's multiple reasons behind this but one of the main ones is to avoid inflating the TVL through cycled lending.View code on GitHubFees: Interest paid by borrowers on Fluid + revenue share from JupLendView code on GitHubRevenue: Percentage of interest going to treasuryView code on GitHubHolders Revenue: Token buyback from the treasuryView code on GitHubCollateral Liquidated: Collateral paid out in Fluid vault LogLiquidate events. Smart collateral vaults liquidate DEX shares, so their payout is read from the matching LogWithdrawPerfectColLiquidity event the DEX emits in the same transaction.View code on GitHubYields
Pools Tracked20
Average Supply APY3.11%
User Activity
Active Addresses (24h)1,746
Transactions (24h)4,983
Hacks
Date: May 31, 2026
Amount: $215,000
Classification: Frontend & Infrastructure
Technique: Key Leaked via Infrastructure
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Competitors
Fluid Lending history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from Feb 20, 2024 to Oct 20, 2026.
All-time high TVL: $2.367b on Oct 9, 2025. All-time low TVL: $6,958 on Feb 20, 2024.
Daily TVL, Sep 21, 2026 to Oct 20, 2026
| Date | TVL |
|---|---|
| Sep 21, 2026 | $742.98m |
| Sep 22, 2026 | $753.19m |
| Sep 23, 2026 | $745.09m |
| Sep 24, 2026 | $742.87m |
| Sep 25, 2026 | $726.05m |
| Sep 26, 2026 | $733.21m |
| Sep 27, 2026 | $734.79m |
| Sep 28, 2026 | $735.53m |
| Sep 29, 2026 | $737.53m |
| Sep 30, 2026 | $737.39m |
| Oct 1, 2026 | $740.42m |
| Oct 2, 2026 | $715.89m |
| Oct 3, 2026 | $712.14m |
| Oct 4, 2026 | $711.25m |
| Oct 5, 2026 | $718.68m |
| Oct 6, 2026 | $709.35m |
| Oct 7, 2026 | $709.98m |
| Oct 8, 2026 | $696m |
| Oct 9, 2026 | $692.91m |
| Oct 10, 2026 | $702.67m |
| Oct 11, 2026 | $703.18m |
| Oct 12, 2026 | $693.45m |
| Oct 13, 2026 | $684.38m |
| Oct 14, 2026 | $691.82m |
| Oct 15, 2026 | $672.2m |
| Oct 16, 2026 | $677.11m |
| Oct 17, 2026 | $670.07m |
| Oct 18, 2026 | $670.94m |
| Oct 19, 2026 | $669.3m |
| Oct 20, 2026 | $673.26m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $568.45m |
| Dec 31, 2024 | $733.05m |
| Jan 31, 2025 | $839.1m |
| Feb 28, 2025 | $810.81m |
| Mar 31, 2025 | $723.45m |
| Apr 30, 2025 | $834.33m |
| May 31, 2025 | $981.07m |
| Jun 30, 2025 | $1.036b |
| Jul 31, 2025 | $1.281b |
| Aug 31, 2025 | $1.363b |
| Sep 30, 2025 | $1.9b |
| Oct 31, 2025 | $2.149b |
| Nov 30, 2025 | $1.527b |
| Dec 31, 2025 | $1.518b |
| Jan 31, 2026 | $1.552b |
| Feb 28, 2026 | $1.033b |
| Mar 31, 2026 | $744.02m |
| Apr 30, 2026 | $760.83m |
| May 31, 2026 | $753.68m |
| Jun 30, 2026 | $602.58m |
| Jul 31, 2026 | $658.45m |
| Aug 31, 2026 | $742.77m |
| Sep 30, 2026 | $737.39m |
| Oct 20, 2026 (latest) | $673.26m |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $733.05m |
| Dec 31, 2025 | $1.518b |
Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $2.35m | $334,115 | $0 |
| Dec 2024 | $3.97m | $568,423 | $0 |
| Jan 2025 | $4.01m | $430,392 | $0 |
| Feb 2025 | $3.23m | $459,019 | $0 |
| Mar 2025 | $2.2m | $213,858 | $0 |
| Apr 2025 | $1.84m | $207,020 | $0 |
| May 2025 | $4.38m | $340,069 | $0 |
| Jun 2025 | $4.21m | $367,531 | $0 |
| Jul 2025 | $4.13m | $560,565 | $0 |
| Aug 2025 | $5.58m | $672,553 | $0 |
| Sep 2025 | $6.25m | $967,603 | $0 |
| Oct 2025 | $8.73m | $1.06m | $1.65m |
| Nov 2025 | $7.5m | $889,808 | $892,451 |
| Dec 2025 | $5.37m | $723,845 | $669,961 |
| Jan 2026 | $5.06m | $776,735 | $729,271 |
| Feb 2026 | $3.06m | $517,086 | $319,207 |
| Mar 2026 | $2.77m | $445,081 | $484,025 |
| Apr 2026 | $3.17m | $492,488 | $0 |
| May 2026 | $3.14m | $512,762 | $0 |
| Jun 2026 | $3.09m | $483,363 | $0 |
| Jul 2026 | $3.4m | $488,774 | $0 |
| Aug 2026 | $3.43m | $530,319 | $0 |
| Sep 2026 | $3.49m | $545,703 | $0 |
| Oct 2026 (to date) | $2.08m | $355,709 | $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/fluid-lending
Frequently asked questions
What is Fluid Lending's TVL?
As of Oct 20, 2026, Fluid Lending has $679.83m in total value locked. TVL has decreased 8.4% over the past 30 days.
What chains does Fluid Lending operate on?
Fluid Lending operates on 6 chains: Ethereum, Arbitrum, Plasma, Base, and Polygon and 1 others. Ethereum holds the largest share at 70.1%.
How much has Fluid Lending generated in fees and revenue?
Over the past 30 days, Fluid Lending generated $3.44m in fees. Of that, $563,208 was protocol revenue. Based on the trailing year, the annualized rate is $48.65m in fees and $7.13m in revenue.
How does Fluid Lending's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Fluid Lending ranks #11 by TVL. The category holds $51.792b across 515 protocols, and Fluid Lending accounts for 1.3% of that total. Similar protocols include Aave V3, Morpho Blue, Compound V3, Euler V2, Unitus, Folks Finance xChain, TermFinance Lend, OmniBTC, Teller, and Tarot.
How much has been borrowed through Fluid Lending?
As of Oct 20, 2026, Fluid Lending has $671.34m in active loans.
Has Fluid Lending ever been exploited?
Fluid Lending has 1 recorded security incident. The most recent incident occurred on May 31, 2026 and involved $215,000. It was classified as Frontend & Infrastructure.