Ask about Drop · freeDropDeprecated protocol
Key Metrics
Total Raised$4m
Oct 17, 2024$4mRound: SeedInvestors: CoinFund, Cosmostation, Interop Ventures, CMS Holdings, Anagram, Chorus One Ventures, Breed VC, Kahuna, Bitscale Capital, Orthogonal Trading, Skip
Protocol Information
Drop is a liquid staking protocol for Interchain assets and a member of the Lido Alliance. Drop is on a mission to strengthen the economic viability of sovereign blockchain economies by transforming stagnant, frozen capital into flowing streams of opportunity
Audits:
Methodology
TVL: Sum of all the tokens that are liquid staked on DROPView code on GitHubHacks
Date: Sep 22, 2026
Amount: $4.4m
Classification: Governance
Technique: Malicious Proposal
Chains: Neutron
Language: Rust
Target Type: DeFi Protocol
Drop history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Aug 15, 2024 to Sep 15, 2026.
All-time high TVL: $50.44m on May 11, 2025. All-time low TVL: $352,304 on Apr 1, 2026.
Daily TVL, Mar 27, 2026 to Sep 15, 2026
| Date | TVL |
|---|---|
| Mar 27, 2026 | $843,398 |
| Mar 28, 2026 | $740,093 |
| Mar 29, 2026 | $741,935 |
| Mar 30, 2026 | $636,113 |
| Mar 31, 2026 | $509,064 |
| Apr 1, 2026 | $352,304 |
| Apr 2, 2026 | $525,649 |
| Apr 3, 2026 | $782,403 |
| Apr 4, 2026 | $761,991 |
| Apr 5, 2026 | $643,332 |
| Apr 6, 2026 | $582,472 |
| Apr 7, 2026 | $531,512 |
| Apr 8, 2026 | $544,769 |
| Apr 9, 2026 | $511,736 |
| Apr 10, 2026 | $504,116 |
| Apr 11, 2026 | $524,116 |
| Apr 12, 2026 | $521,900 |
| Apr 13, 2026 | $509,462 |
| Apr 14, 2026 | $514,320 |
| Apr 15, 2026 | $505,621 |
| Apr 16, 2026 | $529,818 |
| Sep 7, 2026 | $0 |
| Sep 8, 2026 | $0 |
| Sep 9, 2026 | $0 |
| Sep 10, 2026 | $0 |
| Sep 11, 2026 | $0 |
| Sep 12, 2026 | $0 |
| Sep 13, 2026 | $0 |
| Sep 14, 2026 | $0 |
| Sep 15, 2026 | $0 |
TVL at each month end, Aug 2024 to Sep 2026
| Date | TVL |
|---|---|
| Aug 31, 2024 | $8.68m |
| Sep 30, 2024 | $15.84m |
| Oct 31, 2024 | $14.11m |
| Nov 30, 2024 | $25.24m |
| Dec 31, 2024 | $19.9m |
| Jan 31, 2025 | $24.07m |
| Feb 28, 2025 | $18.43m |
| Mar 31, 2025 | $16.73m |
| Apr 30, 2025 | $39.95m |
| May 31, 2025 | $35.14m |
| Jun 30, 2025 | $35.92m |
| Jul 31, 2025 | $39.61m |
| Aug 31, 2025 | $43.75m |
| Sep 30, 2025 | $36.52m |
| Oct 31, 2025 | $26.49m |
| Nov 30, 2025 | $21.03m |
| Dec 31, 2025 | $14.23m |
| Jan 31, 2026 | $9.89m |
| Feb 28, 2026 | $7.45m |
| Mar 31, 2026 | $509,064 |
| Apr 16, 2026 | $529,818 |
| Sep 15, 2026 (latest) | $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/drop
Frequently asked questions
What is Drop's TVL?
As of Sep 15, 2026, Drop has $0 in total value locked. TVL has decreased 100% over the past 30 days.
What chains does Drop operate on?
Drop operates on Neutron.
Has Drop ever been exploited?
Drop has 1 recorded security incident. The most recent incident occurred on Sep 22, 2026 and involved $4.4m. It was classified as Governance.