Ask about Alpaca Finance · freeAlpaca Finance(ALPACA)
Total Value Locked$42.53m
TVL by Chain
BSC$42.53m
Fantom$2,762
Key Metrics
Cumulative Fees$34,675
Cumulative Fees by chain
BSC$34,675
Cumulative Revenue$0
Cumulative Revenue by chain
BSC$0
Market Cap$98,138
$ALPACA Price$0.00053
Fully Diluted Valuation$98,138
$ALPACA Volume 24h$341.06
CEX Volume$0
DEX Volume$334.07(97.95% of total)
Staked$1,255(1.28% of mcap)
Active Loans$295,417
Total Raised$337m
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
Jul 16, 2026$135mRound: Investors: Peak XV Partners, Elefund, Opera Tech Ventures, Unbound
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.
- Alpaca Leveraged Yield FarmingLeveraged Farming
- Alpaca Finance 2.0Lending
- Alpaca Perpetual Futures ExchangeDerivatives
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Alpaca Finance history
TVL is the default DefiLlama definition, which excludes Staking and Active Loans. Daily values are UTC snapshots from Jun 4, 2021 to Nov 14, 2026.
All-time high TVL: $905.74m on Apr 19, 2022. All-time low TVL: $38.21m on Jul 1, 2026.
Daily TVL, Oct 16, 2026 to Nov 14, 2026
| Date | TVL |
|---|---|
| Oct 16, 2026 | $47.86m |
| Oct 17, 2026 | $47.56m |
| Oct 18, 2026 | $47.31m |
| Oct 19, 2026 | $47.61m |
| Oct 20, 2026 | $47.71m |
| Oct 21, 2026 | $48.36m |
| Oct 22, 2026 | $48.73m |
| Oct 23, 2026 | $47.66m |
| Oct 24, 2026 | $47.82m |
| Oct 25, 2026 | $47.97m |
| Oct 26, 2026 | $47.78m |
| Oct 27, 2026 | $47.97m |
| Oct 28, 2026 | $48.07m |
| Oct 29, 2026 | $48.58m |
| Oct 30, 2026 | $45.56m |
| Oct 31, 2026 | $46.28m |
| Nov 1, 2026 | $46.26m |
| Nov 2, 2026 | $46.61m |
| Nov 3, 2026 | $46.05m |
| Nov 4, 2026 | $46.04m |
| Nov 5, 2026 | $47.37m |
| Nov 6, 2026 | $45.71m |
| Nov 7, 2026 | $45.86m |
| Nov 8, 2026 | $45.88m |
| Nov 9, 2026 | $45.58m |
| Nov 10, 2026 | $45.62m |
| Nov 11, 2026 | $45m |
| Nov 12, 2026 | $45.07m |
| Nov 13, 2026 | $43.92m |
| Nov 14, 2026 | $42.89m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $58.21m |
| Jan 31, 2025 | $55.74m |
| Feb 28, 2025 | $48.51m |
| Mar 31, 2025 | $45.72m |
| Apr 30, 2025 | $50.48m |
| May 31, 2025 | $50.94m |
| Jun 30, 2025 | $53.84m |
| Jul 31, 2025 | $59.26m |
| Aug 31, 2025 | $59.62m |
| Sep 30, 2025 | $66.78m |
| Oct 31, 2025 | $66.9m |
| Nov 30, 2025 | $56.67m |
| Dec 31, 2025 | $55.49m |
| Jan 31, 2026 | $54.56m |
| Feb 28, 2026 | $42.87m |
| Mar 31, 2026 | $42.08m |
| Apr 30, 2026 | $43.66m |
| May 31, 2026 | $47m |
| Jun 30, 2026 | $38.86m |
| Jul 31, 2026 | $41.17m |
| Aug 31, 2026 | $46.07m |
| Sep 30, 2026 | $49.55m |
| Oct 31, 2026 | $46.28m |
| Nov 14, 2026 (latest) | $42.89m |
TVL at each year end, Dec 31, 2021 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2021 | $865.59m |
| Dec 31, 2022 | $369.25m |
| Dec 31, 2023 | $54.68m |
| Dec 31, 2024 | $58.21m |
| Dec 31, 2025 | $55.49m |
Fees and revenue by UTC calendar month, Sep 2024 to Jul 2026
| Month | Fees | Revenue |
|---|---|---|
| Sep 2024 | $67 | $0 |
| Oct 2024 | $5,175 | $0 |
| Nov 2024 | $11,234 | $0 |
| Dec 2024 | $5,797 | $0 |
| Jan 2025 | $3,957 | $0 |
| Feb 2025 | $5,332 | $0 |
| Mar 2025 | $2,479 | $0 |
| Apr 2025 | $327 | $0 |
| May 2025 | $306 | $0 |
| Jun 2025 | $1 | $0 |
| Jul 2025 | $0 | $0 |
| Aug 2025 | $0 | $0 |
| Sep 2025 | $0 | $0 |
| Oct 2025 | $0 | $0 |
| Nov 2025 | $0 | $0 |
| Dec 2025 | $0 | $0 |
| Jan 2026 | $0 | $0 |
| Feb 2026 | $0 | $0 |
| Mar 2026 | $0 | $0 |
| Apr 2026 | $0 | $0 |
| May 2026 | $0 | $0 |
| Jun 2026 | $0 | $0 |
| Jul 2026 | $0 | $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/alpaca-finance
Frequently asked questions
What is Alpaca Finance's TVL?
As of Nov 14, 2026, Alpaca Finance has $42.53m in total value locked. TVL has decreased 11.8% 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%.
What is the ALPACA token price and valuation?
ALPACA is currently trading at $0.00053. Its circulating market capitalization is $98,138, ranking it #6,781. Its fully diluted valuation is $98,138. Supply currently stands at 186.45m circulating, 186.45m total supply, 188m maximum supply.
How has ALPACA performed recently?
ALPACA is down 9.4% over the past 7 days and down 25.3% over the past 30 days. Its all-time high is $8.78, reached on Mar 5, 2021. The token is currently 100% below that level.
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?
As of Nov 14, 2026, Alpaca Finance has $295,417 in active loans.