Total Value Locked$41.29m
TVL by Chain
BSC$41.29m
Fantom$1,551
Key Metrics
Fees (Annualized)$0
Cumulative Fees$34,675
BSC$34,675
Cumulative Revenue$0
Cumulative Revenue by chain
BSC$0
Staked$1,487
Active Loans$396,647
Total Raised$202m
Apr 23, 2025$52mRound: Series CInvestors: 850 Management, Derayah, Portage Ventures, Unbound, National Investments Company
Jan 14, 2026$150mRound: Series DInvestors: Drive Capital, Citadel Securities, Opera Tech Ventures, MUFG Innovation Partners, Flat Capital, DRW Venture Capital, Kraken Ventures, Altered Ventures, X&KSK, Bank Muscat, Endeavor Catalyst, Portage Ventures, Horizons Ventures, Social Leverage, Unbound, Diagram Ventures, Derayah
Protocol Information
Alpaca Finance is the largest lending protocol allowing leveraged yield farming on BNB Chain and Fantom. It helps lenders earn safe and stable yields, and offers borrowers undercollateralized loans for leveraged yield farming positions, vastly multiplying their farming principals and resulting profits.
Category:Leveraged Farming
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Competitors
Frequently Asked Questions
What is Alpaca Finance?
Alpaca Finance is the largest lending protocol allowing leveraged yield farming on BNB Chain and Fantom. It helps lenders earn safe and stable yields, and offers borrowers undercollateralized loans for leveraged yield farming positions, vastly multiplying their farming principals and resulting profits.
What is Alpaca Finance's TVL?
Alpaca Finance currently has $41.29m in total value locked. TVL has increased 3.2% over the past 30 days.
What chains does Alpaca Finance operate on?
Alpaca Finance operates on 2 chains: BSC and Fantom. BSC holds the largest share at 100%.
Which protocols are included in Alpaca Finance?
Alpaca Finance is a parent protocol whose tracked products include Alpaca Leveraged Yield Farming, Alpaca Finance 2.0, and Alpaca Perpetual Futures Exchange.
How much has been borrowed through Alpaca Finance?
Alpaca Finance currently has $396,647 in active loans.

