Logo of Arrakis V1

Arrakis V1Deprecated protocol

Total Value Locked$1.32m

TVL by Chain

Ethereum$1.14m

OP Mainnet$108,955

Polygon$66,413

Key Metrics

Total Raised$4m

Dec 19, 2022$4mRound: SeedInvestors: Uniswap Labs Ventures, Accel, Polygon Ventures, Robot Ventures

Loading chart...

Protocol Information

Arrakis is a protocol that specializes in concentrated & active liquidity management. By creating a curated marketplace of novel tokenized LP strategies, Arrakis facilitates deep liquidity and optimizes LP earnings across its vaults.

Audits:

Methodology

TVL: Counts TVL that's on all the Pools through G-UNI Factory ContractView code on GitHub

Hacks

Date: Aug 23, 2026

Amount: $7,100

Classification: Oracle Manipulation

Technique: Spot Price Manipulation

Chains: Ethereum

Language: Solidity

Target Type: DeFi Protocol

Arrakis V1 history

TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jul 1, 2021 to Oct 20, 2026.

All-time high TVL: $1.83b on Jul 27, 2022. All-time low TVL: $85 on Jul 1, 2021.

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

DateTVL
Sep 21, 2026$1.37m
Sep 22, 2026$1.4m
Sep 23, 2026$1.4m
Sep 24, 2026$1.38m
Sep 25, 2026$1.39m
Sep 26, 2026$1.38m
Sep 27, 2026$1.39m
Sep 28, 2026$1.39m
Sep 29, 2026$1.38m
Sep 30, 2026$1.38m
Oct 1, 2026$1.38m
Oct 2, 2026$1.38m
Oct 3, 2026$1.37m
Oct 4, 2026$1.38m
Oct 5, 2026$1.38m
Oct 6, 2026$1.38m
Oct 7, 2026$1.38m
Oct 8, 2026$1.35m
Oct 9, 2026$1.33m
Oct 10, 2026$1.34m
Oct 11, 2026$1.34m
Oct 12, 2026$1.35m
Oct 13, 2026$1.32m
Oct 14, 2026$1.34m
Oct 15, 2026$1.32m
Oct 16, 2026$1.32m
Oct 17, 2026$1.32m
Oct 18, 2026$1.31m
Oct 19, 2026$1.32m
Oct 20, 2026$1.31m

TVL at each month end, Nov 2024 to Oct 2026

DateTVL
Nov 30, 2024$83.5m
Dec 31, 2024$83.15m
Jan 31, 2025$82.24m
Feb 28, 2025$74.1m
Mar 31, 2025$73.77m
Apr 30, 2025$69.6m
May 31, 2025$68.92m
Jun 30, 2025$68.86m
Jul 31, 2025$69.3m
Aug 31, 2025$69.44m
Sep 30, 2025$69.4m
Oct 31, 2025$69.21m
Nov 30, 2025$57.39m
Dec 31, 2025$57.35m
Jan 31, 2026$2.45m
Feb 28, 2026$1.46m
Mar 31, 2026$1.45m
Apr 30, 2026$1.51m
May 31, 2026$1.45m
Jun 30, 2026$1.32m
Jul 31, 2026$1.4m
Aug 31, 2026$1.39m
Sep 30, 2026$1.38m
Oct 20, 2026 (latest)$1.31m

TVL at each year end, Dec 31, 2021 to Dec 31, 2025

DateTVL
Dec 31, 2021$129.74m
Dec 31, 2022$467.87m
Dec 31, 2023$156.81m
Dec 31, 2024$83.15m
Dec 31, 2025$57.35m

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/arrakis-v1

Frequently asked questions

What is Arrakis V1's TVL?

As of Oct 20, 2026, Arrakis V1 has $1.32m in total value locked. TVL has decreased 3.8% over the past 30 days.

What chains does Arrakis V1 operate on?

Arrakis V1 operates on 3 chains: Ethereum, OP Mainnet, and Polygon. Ethereum holds the largest share at 86.7%.

Has Arrakis V1 ever been exploited?

Arrakis V1 has 1 recorded security incident. The most recent incident occurred on Aug 23, 2026 and involved $7,100. It was classified as Oracle Manipulation.