Total Value Locked$1.27m
TVL by Chain
Ethereum$1.11m
OP Mainnet$102,421
Polygon$61,580
Key Metrics
Total Raised$4m
Dec 19, 2022$4mRound: SeedInvestors: Uniswap Labs Ventures, Accel, Polygon Ventures, Robot Ventures
Protocol Information
Arrakis is a protocol that specializes in concentrated & active liquidity management. By creating a curated marketplace of novel tokenized LP strategies, Arrakis facilitates deep liquidity and optimizes LP earnings across its vaults.
Audits:
Methodology
TVL: Counts TVL that's on all the Pools through G-UNI Factory ContractView code on GitHubHacks
Date: Aug 23, 2026
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
Arrakis V1 history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jul 1, 2021 to Nov 6, 2026.
All-time high TVL: $1.83b on Jul 27, 2022. All-time low TVL: $85 on Jul 1, 2021.
Daily TVL, Oct 8, 2026 to Nov 6, 2026
| Date | TVL |
|---|---|
| Oct 8, 2026 | $1.35m |
| Oct 9, 2026 | $1.33m |
| Oct 10, 2026 | $1.34m |
| Oct 11, 2026 | $1.34m |
| Oct 12, 2026 | $1.35m |
| Oct 13, 2026 | $1.32m |
| Oct 14, 2026 | $1.34m |
| Oct 15, 2026 | $1.32m |
| Oct 16, 2026 | $1.32m |
| Oct 17, 2026 | $1.32m |
| Oct 18, 2026 | $1.31m |
| Oct 19, 2026 | $1.32m |
| Oct 20, 2026 | $1.31m |
| Oct 21, 2026 | $1.32m |
| Oct 22, 2026 | $1.33m |
| Oct 23, 2026 | $1.31m |
| Oct 24, 2026 | $1.3m |
| Oct 25, 2026 | $1.3m |
| Oct 26, 2026 | $1.3m |
| Oct 27, 2026 | $1.3m |
| Oct 28, 2026 | $1.3m |
| Oct 29, 2026 | $1.3m |
| Oct 30, 2026 | $1.27m |
| Oct 31, 2026 | $1.28m |
| Nov 1, 2026 | $1.28m |
| Nov 2, 2026 | $1.28m |
| Nov 3, 2026 | $1.27m |
| Nov 4, 2026 | $1.28m |
| Nov 5, 2026 | $1.31m |
| Nov 6, 2026 | $1.27m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $83.15m |
| Jan 31, 2025 | $82.24m |
| Feb 28, 2025 | $74.1m |
| Mar 31, 2025 | $73.77m |
| Apr 30, 2025 | $69.6m |
| May 31, 2025 | $68.92m |
| Jun 30, 2025 | $68.86m |
| Jul 31, 2025 | $69.3m |
| Aug 31, 2025 | $69.44m |
| Sep 30, 2025 | $69.4m |
| Oct 31, 2025 | $69.21m |
| Nov 30, 2025 | $57.39m |
| Dec 31, 2025 | $57.35m |
| Jan 31, 2026 | $2.45m |
| Feb 28, 2026 | $1.46m |
| Mar 31, 2026 | $1.45m |
| Apr 30, 2026 | $1.51m |
| May 31, 2026 | $1.45m |
| Jun 30, 2026 | $1.32m |
| Jul 31, 2026 | $1.4m |
| Aug 31, 2026 | $1.39m |
| Sep 30, 2026 | $1.38m |
| Oct 31, 2026 | $1.28m |
| Nov 6, 2026 (latest) | $1.27m |
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 | $156.81m |
| Dec 31, 2024 | $83.15m |
| Dec 31, 2025 | $57.35m |
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-v1
Frequently asked questions
What is Arrakis V1's TVL?
As of Nov 6, 2026, Arrakis V1 has $1.27m in total value locked. TVL has decreased 7.9% over the past 30 days.
What chains does Arrakis V1 operate on?
Arrakis V1 operates on 3 chains: Ethereum, OP Mainnet, and Polygon. Ethereum holds the largest share at 87.1%.
Has Arrakis V1 ever been exploited?
Arrakis V1 has 1 recorded security incident. The most recent incident occurred on Aug 23, 2026 and involved $7,100. It was classified as Oracle Manipulation.