Protocol Information
USDF is a yield-bearing stablecoin issued by Aster, convertible with USDT at a 1:1 ratio. Underlying USDT funds are used to create and maintain delta neutral positions that back USDF and generate asUSDF yields
Aster USDF history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Nov 20, 2024 to Nov 12, 2026.
All-time high TVL: $370.48m on Oct 1, 2025. All-time low TVL: $1.99m on Nov 21, 2024.
Daily TVL, Oct 14, 2026 to Nov 12, 2026
| Date | TVL |
|---|---|
| Oct 14, 2026 | $111.27m |
| Oct 15, 2026 | $110.99m |
| Oct 16, 2026 | $111.77m |
| Oct 17, 2026 | $111.39m |
| Oct 18, 2026 | $111.31m |
| Oct 19, 2026 | $111.23m |
| Oct 20, 2026 | $111.04m |
| Oct 21, 2026 | $111.3m |
| Oct 22, 2026 | $110.96m |
| Oct 23, 2026 | $111.23m |
| Oct 24, 2026 | $111.19m |
| Oct 25, 2026 | $111.33m |
| Oct 26, 2026 | $112.38m |
| Oct 27, 2026 | $112.15m |
| Oct 28, 2026 | $112.09m |
| Oct 29, 2026 | $112.04m |
| Oct 30, 2026 | $111.39m |
| Oct 31, 2026 | $111.97m |
| Nov 1, 2026 | $112.15m |
| Nov 2, 2026 | $113.07m |
| Nov 3, 2026 | $112.97m |
| Nov 4, 2026 | $113.29m |
| Nov 5, 2026 | $113.29m |
| Nov 6, 2026 | $113.48m |
| Nov 7, 2026 | $111.97m |
| Nov 8, 2026 | $112.21m |
| Nov 9, 2026 | $112.47m |
| Nov 10, 2026 | $112.45m |
| Nov 11, 2026 | $112.22m |
| Nov 12, 2026 | $112.2m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $59.16m |
| Jan 31, 2025 | $78.03m |
| Feb 28, 2025 | $92.71m |
| Mar 31, 2025 | $132.12m |
| Apr 30, 2025 | $128.84m |
| May 31, 2025 | $132.65m |
| Jun 30, 2025 | $63.82m |
| Jul 31, 2025 | $49.86m |
| Aug 31, 2025 | $47.43m |
| Sep 30, 2025 | $360.23m |
| Oct 31, 2025 | $195.66m |
| Nov 30, 2025 | $163.76m |
| Dec 31, 2025 | $172.48m |
| Jan 31, 2026 | $171.01m |
| Feb 28, 2026 | $145.38m |
| Mar 31, 2026 | $122.13m |
| Apr 30, 2026 | $119.4m |
| May 31, 2026 | $116.51m |
| Jun 30, 2026 | $112.46m |
| Jul 31, 2026 | $112.03m |
| Aug 31, 2026 | $114.48m |
| Sep 30, 2026 | $111.34m |
| Oct 31, 2026 | $111.97m |
| Nov 12, 2026 (latest) | $112.2m |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $59.16m |
| Dec 31, 2025 | $172.48m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/aster-usdf
Frequently asked questions
What is Aster USDF's TVL?
As of Nov 12, 2026, Aster USDF has $111.91m in total value locked. TVL has increased 0.5% over the past 30 days.
What chains does Aster USDF operate on?
Aster USDF operates on BSC. BSC holds the largest share at 100%.
How does Aster USDF's TVL compare to similar protocols?
Among Basis Trading protocols tracked by DefiLlama, Aster USDF ranks #6 by TVL. The category holds $7.798b across 41 protocols, and Aster USDF accounts for 1.4% of that total. Similar protocols include BitFi Basis, Solv Basis Trading, ZEROBASE CeDeFi, Unitas USDu, Aegis YUSD, Bitway Earn, BounceBit Prime, DeSyn Basis Trading, Ethena USDe, and Falcon Finance.