Protocol Information
Alcum is a yield-bearing vault enabling participation in physically backed copper reserves via transparent on-chain liquidity.
Audits:
Methodology
TVL: TVL is calculated by multiplying the xCUP total supply by the share price. If an epoch is settled, the share price is derived from the Settlement Engine's NAV (netRevenue logic). Otherwise, the current Copper Price is used.View code on GitHubCompetitors
Alcum history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Dec 23, 2025 to Nov 6, 2026.
All-time high TVL: $238,718 on Sep 10, 2026. All-time low TVL: $118,279 on Dec 23, 2025.
Daily TVL, Oct 8, 2026 to Nov 6, 2026
| Date | TVL |
|---|---|
| Oct 8, 2026 | $238,718 |
| Oct 9, 2026 | $238,718 |
| Oct 10, 2026 | $238,718 |
| Oct 11, 2026 | $238,718 |
| Oct 12, 2026 | $238,718 |
| Oct 13, 2026 | $238,718 |
| Oct 14, 2026 | $238,718 |
| Oct 15, 2026 | $238,718 |
| Oct 16, 2026 | $238,718 |
| Oct 17, 2026 | $238,718 |
| Oct 18, 2026 | $238,718 |
| Oct 19, 2026 | $238,718 |
| Oct 20, 2026 | $238,718 |
| Oct 21, 2026 | $238,718 |
| Oct 22, 2026 | $238,718 |
| Oct 23, 2026 | $238,718 |
| Oct 24, 2026 | $238,718 |
| Oct 25, 2026 | $238,718 |
| Oct 26, 2026 | $238,718 |
| Oct 27, 2026 | $238,718 |
| Oct 28, 2026 | $238,718 |
| Oct 29, 2026 | $238,718 |
| Oct 30, 2026 | $238,718 |
| Oct 31, 2026 | $238,718 |
| Nov 1, 2026 | $238,718 |
| Nov 2, 2026 | $238,718 |
| Nov 3, 2026 | $238,718 |
| Nov 4, 2026 | $238,718 |
| Nov 5, 2026 | $238,718 |
| Nov 6, 2026 | $238,718 |
TVL at each month end, Dec 2025 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2025 | $122,590 |
| Jan 31, 2026 | $139,943 |
| Feb 28, 2026 | $135,403 |
| Mar 31, 2026 | $121,215 |
| Apr 30, 2026 | $130,252 |
| May 31, 2026 | $135,416 |
| Jun 30, 2026 | $132,180 |
| Jul 31, 2026 | $223,540 |
| Aug 31, 2026 | $233,280 |
| Sep 30, 2026 | $238,718 |
| Oct 31, 2026 | $238,718 |
| Nov 6, 2026 (latest) | $238,718 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/alcum
Frequently asked questions
What is Alcum's TVL?
As of Nov 6, 2026, Alcum has $238,719 in total value locked. TVL has increased <0.1% over the past 30 days.
What chains does Alcum operate on?
Alcum operates on Ethereum. Ethereum holds the largest share at 100%.
How does Alcum's TVL compare to similar protocols?
Among Yield protocols tracked by DefiLlama, Alcum ranks #125 by TVL. The category holds $4.058b across 578 protocols, and Alcum accounts for <0.1% of that total. Similar protocols include Spark Savings, Pendle V2, Convex Finance, Avalon Superearn, Stake DAO Yield, Lorenzo sUSD1+, infiniFi, Concentrator, Wise Token, and Yuzu Money.