Ask about Aries Markets · freeTotal Value Locked$74,528
TVL by Chain
Aptos$74,528
Key Metrics
Cumulative Fees$383,087
Cumulative Fees by chain
Aptos$383,087
Cumulative Revenue$110,911
Cumulative Revenue by chain
Aptos$110,911
Active Loans$0
Protocol Information
Aries Markets is a decentralised margin trading protocol on Aptos which allows users to borrow, lend, swap, and trade with margin via an on-chain order book with lightning speed.
Audits:
Methodology
TVL: Counts the lamports in each coin container in the Aries contract account.View code on GitHubFees: Interest paid by borrowers across all Aries lending markets.View code on GitHubRevenue: Protocol's share of borrow interest, set per market by each reserve's reserve_ratio.View code on GitHubCompetitors
Aries Markets history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from Oct 27, 2022 to Oct 23, 2026.
All-time high TVL: $444.26m on May 19, 2025. All-time low TVL: $54,049 on Aug 11, 2026.
Daily TVL, Sep 24, 2026 to Oct 23, 2026
| Date | TVL |
|---|---|
| Sep 24, 2026 | $75,445 |
| Sep 25, 2026 | $75,659 |
| Sep 26, 2026 | $75,386 |
| Sep 27, 2026 | $75,586 |
| Sep 28, 2026 | $75,197 |
| Sep 29, 2026 | $74,912 |
| Sep 30, 2026 | $75,124 |
| Oct 1, 2026 | $74,953 |
| Oct 2, 2026 | $75,646 |
| Oct 3, 2026 | $75,645 |
| Oct 4, 2026 | $75,812 |
| Oct 5, 2026 | $76,919 |
| Oct 6, 2026 | $77,135 |
| Oct 7, 2026 | $76,001 |
| Oct 8, 2026 | $75,451 |
| Oct 9, 2026 | $74,766 |
| Oct 10, 2026 | $75,144 |
| Oct 11, 2026 | $75,426 |
| Oct 12, 2026 | $75,944 |
| Oct 13, 2026 | $75,266 |
| Oct 14, 2026 | $75,593 |
| Oct 15, 2026 | $74,470 |
| Oct 16, 2026 | $74,814 |
| Oct 17, 2026 | $74,474 |
| Oct 18, 2026 | $74,756 |
| Oct 19, 2026 | $75,037 |
| Oct 20, 2026 | $74,547 |
| Oct 21, 2026 | $75,278 |
| Oct 22, 2026 | $76,196 |
| Oct 23, 2026 | $74,395 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $397.31m |
| Dec 31, 2024 | $300.66m |
| Jan 31, 2025 | $299.44m |
| Feb 28, 2025 | $289.39m |
| Mar 31, 2025 | $383.63m |
| Apr 30, 2025 | $398.46m |
| May 31, 2025 | $347.39m |
| Jun 30, 2025 | $288.13m |
| Jul 31, 2025 | $214.08m |
| Aug 31, 2025 | $148.45m |
| Sep 30, 2025 | $78.39m |
| Oct 31, 2025 | $51.47m |
| Nov 30, 2025 | $28m |
| Dec 31, 2025 | $21.79m |
| Jan 31, 2026 | $18.33m |
| Feb 28, 2026 | $11.69m |
| Mar 31, 2026 | $11.15m |
| Apr 30, 2026 | $10.56m |
| May 31, 2026 | $6.26m |
| Jun 30, 2026 | $4.2m |
| Jul 31, 2026 | $2.51m |
| Aug 31, 2026 | $70,759 |
| Sep 30, 2026 | $75,124 |
| Oct 23, 2026 (latest) | $74,395 |
TVL at each year end, Dec 31, 2022 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2022 | $540,041 |
| Dec 31, 2023 | $27.9m |
| Dec 31, 2024 | $300.66m |
| Dec 31, 2025 | $21.79m |
Fees and revenue by UTC calendar month, Jun 2025 to Aug 2026
| Month | Fees | Revenue |
|---|---|---|
| Jun 2025 | $9,464 | $1,893 |
| Jul 2025 | $20,432 | $4,087 |
| Aug 2025 | $20,281 | $4,057 |
| Sep 2025 | $17,929 | $3,585 |
| Oct 2025 | $18,077 | $3,616 |
| Nov 2025 | $14,183 | $2,836 |
| Dec 2025 | $18,176 | $3,633 |
| Jan 2026 | $21,416 | $4,286 |
| Feb 2026 | $36,422 | $7,281 |
| Mar 2026 | $30,798 | $6,159 |
| Apr 2026 | $30,670 | $6,135 |
| May 2026 | $28,968 | $5,792 |
| Jun 2026 | $34,999 | $7,879 |
| Jul 2026 | $10,921 | $6,529 |
| Aug 2026 | $70,351 | $43,143 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/aries-markets
Frequently asked questions
What is Aries Markets' TVL?
As of Oct 23, 2026, Aries Markets has $74,528 in total value locked. TVL has decreased 2.7% over the past 30 days.
What chains does Aries Markets operate on?
Aries Markets operates on Aptos. Aptos holds the largest share at 100%.
How does Aries Markets' TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Aries Markets ranks #234 by TVL. The category holds $52.781b across 518 protocols, and Aries Markets accounts for <0.1% of that total. Similar protocols include Echelon Market, Aave Aptos, ABEL Finance, Joule Finance, Superposition, Meso Finance, Echo Lending, Aave V3, Morpho Blue, and SparkLend.
How much has been borrowed through Aries Markets?
As of Oct 23, 2026, Aries Markets has $0 in active loans.