Ask about Arrakis Finance · freeTotal Value Locked$54.89m
TVL by Chain
Ethereum$27.07m
Base$13.02m
Arbitrum$4.85m
Plasma$3.79m
Robinhood Chain$3.09m
BSC$2.88m
OP Mainnet$111,141
Polygon$76,176
Key Metrics
Fees 30d$399,140
Fees 30d by chain
Ethereum$368,001
Arbitrum$20,778
Base$10,360
Plasma$0
Fees 7d$53,132
Ethereum$47,155
Arbitrum$3,360
Base$2,618
Plasma$0
Fees 24h$4,648
Ethereum$3,711
Arbitrum$791
Base$146
Plasma$0
Cumulative Fees$10.96m
Ethereum$10.24m
Base$469,508
Arbitrum$234,083
OP Mainnet$11,646
Polygon$6,071
Plasma$0
Revenue 30d$194,494
Revenue 30d by chain
Ethereum$180,731
Arbitrum$10,367
Base$3,394
Plasma$0
Revenue 7d$25,394
Ethereum$23,009
Arbitrum$1,679
Base$705.71
Plasma$0
Revenue 24h$2,326
Ethereum$1,858
Arbitrum$396
Base$72
Plasma$0
Cumulative Revenue$2.72m
Ethereum$2.53m
Arbitrum$101,174
Base$88,540
Plasma$0
Total Raised$4m
Dec 19, 2022$4mRound: SeedInvestors: Uniswap Labs Ventures, Accel, Polygon Ventures, Robot Ventures
Protocol Information
Arrakis is web3's trustless market making infrastructure protocol that enables running sophisticated algorithmic strategies on Uniswap V3. Liquidity providers can utilize Arrakis Vaults to have their liquidity be managed in an automated, capital efficient, non-custodial and transparent manner.
- Arrakis ModularLiquidity Manager
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Hacks
Date: Aug 23, 2026
Protocol: Arrakis V1
Amount: $7,100
Classification: Oracle Manipulation
Technique: Spot Price Manipulation
The attacker flash-loaned 1,800 WETH and swapped approximately 145 WETH for ENS to manipulate the ENS/WETH Uniswap V3 pool’s instantaneous spot price. The Arrakis V1 vault used pool.slot0() to value its Uniswap V3 position during mint() and burn() without a TWAP or price-deviation guard. The attacker minted vault shares while the price was distorted, restored the pool price, then burned the shares for a more valuable token mix, resulting in approximately 2.94 WETH profit
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Competitors
Arrakis Finance history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jul 1, 2021 to Nov 8, 2026.
All-time high TVL: $1.83b on Jul 27, 2022. All-time low TVL: $85 on Jul 1, 2021.
Daily TVL, Oct 10, 2026 to Nov 8, 2026
| Date | TVL |
|---|---|
| Oct 10, 2026 | $62.23m |
| Oct 11, 2026 | $62.63m |
| Oct 12, 2026 | $63.38m |
| Oct 13, 2026 | $61.49m |
| Oct 14, 2026 | $61.99m |
| Oct 15, 2026 | $61.2m |
| Oct 16, 2026 | $62.01m |
| Oct 17, 2026 | $61.42m |
| Oct 18, 2026 | $60.95m |
| Oct 19, 2026 | $60.71m |
| Oct 20, 2026 | $60.7m |
| Oct 21, 2026 | $61.42m |
| Oct 22, 2026 | $61.97m |
| Oct 23, 2026 | $60.72m |
| Oct 24, 2026 | $60.85m |
| Oct 25, 2026 | $60.37m |
| Oct 26, 2026 | $60.22m |
| Oct 27, 2026 | $60.05m |
| Oct 28, 2026 | $59.11m |
| Oct 29, 2026 | $58.87m |
| Oct 30, 2026 | $56.75m |
| Oct 31, 2026 | $57.05m |
| Nov 1, 2026 | $57.15m |
| Nov 2, 2026 | $56.81m |
| Nov 3, 2026 | $55.63m |
| Nov 4, 2026 | $55.82m |
| Nov 5, 2026 | $56.66m |
| Nov 6, 2026 | $55.13m |
| Nov 7, 2026 | $55.2m |
| Nov 8, 2026 | $55.06m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $130.39m |
| Jan 31, 2025 | $124.87m |
| Feb 28, 2025 | $101.67m |
| Mar 31, 2025 | $96.99m |
| Apr 30, 2025 | $92.12m |
| May 31, 2025 | $98.4m |
| Jun 30, 2025 | $98.1m |
| Jul 31, 2025 | $128.8m |
| Aug 31, 2025 | $168.55m |
| Sep 30, 2025 | $146.56m |
| Oct 31, 2025 | $163.04m |
| Nov 30, 2025 | $142.24m |
| Dec 31, 2025 | $141.37m |
| Jan 31, 2026 | $79.19m |
| Feb 28, 2026 | $73.53m |
| Mar 31, 2026 | $71.99m |
| Apr 30, 2026 | $75.69m |
| May 31, 2026 | $76.7m |
| Jun 30, 2026 | $66.27m |
| Jul 31, 2026 | $58.87m |
| Aug 31, 2026 | $56.75m |
| Sep 30, 2026 | $61.54m |
| Oct 31, 2026 | $57.05m |
| Nov 8, 2026 (latest) | $55.06m |
TVL at each year end, Dec 31, 2021 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2021 | $129.74m |
| Dec 31, 2022 | $467.87m |
| Dec 31, 2023 | $176.66m |
| Dec 31, 2024 | $130.39m |
| Dec 31, 2025 | $141.37m |
Fees and revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue |
|---|---|---|
| Dec 2024 | $1.05m | — |
| Jan 2025 | $532,966 | — |
| Feb 2025 | $358,923 | — |
| Mar 2025 | $305,186 | — |
| Apr 2025 | $198,882 | — |
| May 2025 | $390,776 | — |
| Jun 2025 | $203,558 | — |
| Jul 2025 | $207,187 | — |
| Aug 2025 | $111,245 | — |
| Sep 2025 | $49,236 | — |
| Oct 2025 | $187,858 | $57,610 |
| Nov 2025 | $644,422 | $296,672 |
| Dec 2025 | $469,218 | $221,772 |
| Jan 2026 | $449,577 | $216,680 |
| Feb 2026 | $447,806 | $205,112 |
| Mar 2026 | $368,059 | $176,412 |
| Apr 2026 | $416,259 | $201,842 |
| May 2026 | $369,776 | $174,337 |
| Jun 2026 | $338,080 | $162,711 |
| Jul 2026 | $331,297 | $161,941 |
| Aug 2026 | $657,567 | $325,903 |
| Sep 2026 | $575,590 | $280,978 |
| Oct 2026 | $437,395 | $214,376 |
| Nov 2026 (to date) | $60,202 | $28,930 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/arrakis-finance
Frequently asked questions
What is Arrakis Finance's TVL?
As of Nov 8, 2026, Arrakis Finance has $54.89m in total value locked. TVL has decreased 11.3% over the past 30 days.
What chains does Arrakis Finance operate on?
Arrakis Finance operates on 8 chains: Ethereum, OP Mainnet, Polygon, Arbitrum, and Base and 3 others. Ethereum holds the largest share at 49.3%.
How much has Arrakis Finance generated in fees and revenue?
Over the past 30 days, Arrakis Finance generated $399,140 in fees. Of that, $194,494 was protocol revenue. Based on the trailing year, the annualized rate is $5.37m in fees and $2.58m in revenue.
How does Arrakis Finance's TVL compare to similar protocols?
Among Liquidity Manager protocols tracked by DefiLlama, Arrakis Finance ranks #2 by TVL. The category holds $197.57m across 71 protocols, and Arrakis Finance accounts for 27.1% of that total. Similar protocols include Steer Protocol, ACryptoS, Gamma, ICHI, Charm Finance V2, EZManager, Krystal Community Vault, Dyson, Quadrat, and KeelLabs.
Has Arrakis Finance ever been exploited?
Arrakis Finance has 1 recorded security incident. The most recent incident occurred on Aug 23, 2026 and involved $7,100. It was classified as Oracle Manipulation.