Ask about AquaBank
Logo of AquaBankAquaBank
Total Value Locked$644,093.39

TVL by Chain

Avalanche$644,093.39

Key Metrics

Fees (Annualized)$583,348.37
Fees 30d$0

Avalanche$0

Fees 7d$0

Avalanche$0

Fees 24h$0

Avalanche$0

Cumulative Fees$543,393

Avalanche$543,393

Revenue (Annualized)$112,398.53
Revenue 30d$0

Avalanche$0

Revenue 7d$0

Avalanche$0

Revenue 24h$0

Avalanche$0

Cumulative Revenue$104,700

Avalanche$104,700

Holders Revenue (Annualized)$2,194.29
Holders Revenue 30d$0

Avalanche$0

Holders Revenue 7d$0

Avalanche$0

Holders Revenue 24h$0

Avalanche$0

Cumulative Holders Revenue$2,044

Avalanche$2,044

Protocol Information

AquaBank is a USDT deposit and yield system on Avalanche that automatically generates returns through trusted DeFi protocols like Benqi and Euler.

Category:Yield

Audits:

WebsiteTwitter

Methodology

TVL: TVL is calculated from the total supply of bUSDT, bUSDC, and bAUSD, each fully backed 1:1 by stablecoins deposited into Benqi and Euler vaults.View code on GitHubFees: Total yield generated, including 15% protocol retention and 85% distributed to depositors.View code on GitHubRevenue: All fees are distributed between protocol, token holders, and depositors.View code on GitHubHolders Revenue: 10% of protocol yield used for CORAL token buyback and burn.View code on GitHub

Competitors

Pendle ($1.183b)Spark Savings ($1.133b)Stake DAO ($103.39m)Sierra Protocol ($47.51m)Spectra V2 ($31.75m)Multipli.fi ($28.98m)Royco V2 ($25.2m)TermFinance Vaults ($10.92m)Aura ($8.77m)WOOFi Earn ($2.46m)

Frequently Asked Questions

What is AquaBank?

AquaBank is a USDT deposit and yield system on Avalanche that automatically generates returns through trusted DeFi protocols like Benqi and Euler.

What is AquaBank's TVL?

AquaBank currently has $644,093.39 in total value locked. TVL has decreased 17.2% over the past 30 days.

What chains does AquaBank operate on?

AquaBank operates on Avalanche. Avalanche holds the largest share at 100%.

How much has AquaBank generated in fees and revenue?

Over the past 30 days, AquaBank generated $0 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $583,348.37 in fees and $112,398.53 in revenue.

How does AquaBank's TVL compare to similar protocols?

Among Yield protocols tracked by DefiLlama, AquaBank ranks #83 by TVL. The category holds $4.308b across 553 protocols, and AquaBank accounts for <0.1% of that total. Other leading protocols include Pendle, Spark, and Convex Finance.