Logo of Arrakis V1Arrakis V1
Total Value Locked$1.4m

TVL by Chain

Ethereum$1.21m

OP Mainnet$116,836.86

Polygon$67,270.04

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.

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Category:Liquidity Manager

Audits:

Methodology

TVL: Counts TVL that's on all the Pools through G-UNI Factory ContractView code on GitHub

Yields

Pools Tracked11

Average Supply APY5.61%

Hacks

Date: Aug 23, 2026

Amount: $7,100

Classification: Oracle Manipulation

Technique: Spot Price Manipulation

Chains: Ethereum

Language: Solidity

Target Type: DeFi Protocol

Competitors

Steer Protocol ($19.52m)ACryptoS ($10.54m)Gamma ($3.12m)Charm Finance V2 ($1.94m)xToken ($942,279.93)Arrakis V2 ($153,392.88)Bunni v1 ($34,344.71)Quadrat ($18,833.83)Metavisor ($3,963.84)ICHI ($7.92m)

Frequently Asked Questions

What is Arrakis V1's TVL?

Arrakis V1 currently has $1.4m in total value locked. TVL has increased 0.7% 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 86.8%.

How does Arrakis V1's TVL compare to similar protocols?

Among Liquidity Manager protocols tracked by DefiLlama, Arrakis V1 ranks #16 by TVL. The category holds $288.38m across 64 protocols, and Arrakis V1 accounts for 0.5% of that total. Other leading protocols include Steer Protocol, ACryptoS, Gamma, Charm Finance V2, xToken, Arrakis V2, Bunni v1, Quadrat, Metavisor, and ICHI.

How many yield pools does Arrakis V1 have?

DefiLlama tracks 11 Arrakis V1 yield pools with an average APY of 5.6%.

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.