Ask about Virtue · freeTotal Value Locked$457,225
TVL by Chain
IOTA$457,225
Key Metrics
Fees 30d$74
Fees 30d by chain
IOTA$74
Fees 7d$74
IOTA$74
Fees 24h$78
IOTA$78
Cumulative Fees$125,203
IOTA$125,203
Revenue 30d$74
Revenue 30d by chain
IOTA$74
Revenue 7d$74
IOTA$74
Revenue 24h$78
IOTA$78
Cumulative Revenue$125,203
IOTA$125,203
Protocol Information
The leading decentralized stablecoin protocol on IOTA
Audits:
Methodology
TVL: Sums collateral (IOTA, stIOTA, iBTC, vIOTA) held in Virtue CDP vault objects. LST collateral is converted to IOTA using the on-chain staking exchange rate; iBTC is priced as BTC.View code on GitHubFees: All the services fees paid by users, including liquidation and collateral feesView code on GitHubRevenue: All the services fees paid by users, including liquidation and collateral fees earned by VirtueView code on GitHubHacks
Date: Aug 28, 2026
Amount: $894,500
Classification: Oracle Manipulation
Technique: Oracle Misconfiguration
Chains: Iota
Language: Move
Target Type: DeFi Protocol
Competitors
Virtue history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jul 18, 2025 to Oct 20, 2026.
All-time high TVL: $9.93m on Oct 7, 2025. All-time low TVL: $402,121 on Aug 29, 2026.
Daily TVL, Sep 21, 2026 to Oct 20, 2026
| Date | TVL |
|---|---|
| Sep 21, 2026 | $500,530 |
| Sep 22, 2026 | $504,568 |
| Sep 23, 2026 | $511,248 |
| Sep 24, 2026 | $483,762 |
| Sep 25, 2026 | $507,313 |
| Sep 26, 2026 | $528,898 |
| Sep 27, 2026 | $529,680 |
| Sep 28, 2026 | $544,505 |
| Sep 29, 2026 | $569,208 |
| Sep 30, 2026 | $551,382 |
| Oct 1, 2026 | $560,728 |
| Oct 2, 2026 | $573,294 |
| Oct 3, 2026 | $560,618 |
| Oct 4, 2026 | $569,711 |
| Oct 5, 2026 | $618,597 |
| Oct 6, 2026 | $612,929 |
| Oct 7, 2026 | $603,187 |
| Oct 8, 2026 | $565,765 |
| Oct 9, 2026 | $521,595 |
| Oct 10, 2026 | $541,599 |
| Oct 11, 2026 | $539,905 |
| Oct 12, 2026 | $556,586 |
| Oct 13, 2026 | $510,715 |
| Oct 14, 2026 | $520,224 |
| Oct 15, 2026 | $500,010 |
| Oct 16, 2026 | $507,695 |
| Oct 17, 2026 | $501,106 |
| Oct 18, 2026 | $488,129 |
| Oct 19, 2026 | $473,034 |
| Oct 20, 2026 | $450,397 |
TVL at each month end, Jul 2025 to Oct 2026
| Date | TVL |
|---|---|
| Jul 31, 2025 | $6.53m |
| Aug 31, 2025 | $7.92m |
| Sep 30, 2025 | $8.13m |
| Oct 31, 2025 | $7.5m |
| Nov 30, 2025 | $6.99m |
| Dec 31, 2025 | $5.07m |
| Jan 31, 2026 | $4.63m |
| Feb 28, 2026 | $4.36m |
| Mar 31, 2026 | $3.51m |
| Apr 30, 2026 | $3.58m |
| May 31, 2026 | $4.26m |
| Jun 30, 2026 | $0 |
| Jul 31, 2026 | $989,739 |
| Aug 31, 2026 | $411,171 |
| Sep 30, 2026 | $551,382 |
| Oct 20, 2026 (latest) | $450,397 |
Fees and revenue by UTC calendar month, Jan 2026 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Jan 2026 | $9,387 | $9,387 |
| Feb 2026 | $19,874 | $19,874 |
| Mar 2026 | $21,616 | $21,616 |
| Apr 2026 | $18,448 | $18,448 |
| May 2026 | $20,231 | $20,231 |
| Jun 2026 | $18,417 | $18,417 |
| Jul 2026 | $8,640 | $8,640 |
| Aug 2026 | $8,438 | $8,438 |
| Sep 2026 | $0 | $0 |
| Oct 2026 (to date) | $152 | $152 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/virtue
Frequently asked questions
What is Virtue's TVL?
As of Oct 20, 2026, Virtue has $457,225 in total value locked. TVL has decreased 8.3% over the past 30 days.
How much has Virtue generated in fees and revenue?
Over the past 30 days, Virtue generated $74 in fees. Of that, $74 was protocol revenue. Based on the trailing year, the annualized rate is $168,526 in fees and $168,526 in revenue.
How does Virtue's TVL compare to similar protocols?
Among CDP protocols tracked by DefiLlama, Virtue ranks #49 by TVL. The category holds $7.773b across 198 protocols, and Virtue accounts for <0.1% of that total. Similar protocols include Sky Lending, USDD, Liquity V1, crvUSD, Liquity V2, Lista CDP, Reservoir Protocol, Frankencoin, Inverse Finance FiRM, and Felix CDP.
Has Virtue ever been exploited?
Virtue has 1 recorded security incident. The most recent incident occurred on Aug 28, 2026 and involved $894,500. It was classified as Oracle Manipulation.