Total Value Locked$947,985
TVL by Chain
IoTeX$452,755
BSC$203,876
Merlin$97,490
Bitlayer$86,863
Kaia$32,672
Arbitrum$31,686
BOB$11,625
Sonic$9,891
Base$9,275
Plume Mainnet$4,198
Ethereum$3,534
GOAT$2,157
Taiko$774.18
CORE$277.52
Mode$265.85
ZetaChain$218.41
Sei$145.21
BSquared$141.41
Scroll$140.74
Merlin-Pharos$0
Corn$0
DuckChain$0
Pharos$0
Key Metrics
Fees 30d$122,790
Fees 30d by chain
Merlin$121,296
Kaia$1,255
BOB$189.35
Arbitrum$34.15
Base$8.14
BSC$6.63
Bitlayer$0
BSquared$0
CORE$0
Ethereum$0
IoTeX$0
Mode$0
Scroll$0
Sonic$0
Taiko$0
ZetaChain$0
Fees 7d$58,720
Merlin$58,656
BOB$55.70
Arbitrum$5.89
BSC$1.83
Kaia$0.23
Base$0
Bitlayer$0
BSquared$0
CORE$0
Ethereum$0
IoTeX$0
Mode$0
Scroll$0
Sonic$0
Taiko$0
ZetaChain$0
Fees 24h$2,790
Merlin$2,788
BSC$1.83
Kaia$0.12
Arbitrum$0
Base$0
Bitlayer$0
BOB$0
BSquared$0
CORE$0
Ethereum$0
IoTeX$0
Mode$0
Scroll$0
Sonic$0
Taiko$0
ZetaChain$0
Cumulative Fees$1.15m
Merlin$421,842
BSC$397,630
CORE$113,188
Bitlayer$73,190
Kaia$52,352
BOB$38,893
Sonic$27,932
Arbitrum$11,066
Ethereum$6,469
IoTeX$4,840
ZetaChain$2,500
Base$1,379
Taiko$30.22
Corn$5
BSquared$0
DuckChain$0
Mode$0
Scroll$0
Sei$0
Revenue 30d$40,862
Revenue 30d by chain
Merlin$40,244
Kaia$564.33
BOB$42.54
Arbitrum$7.09
BSC$1.85
Base$1.25
Bitlayer$0
BSquared$0
CORE$0
Ethereum$0
IoTeX$0
Mode$0
Scroll$0
Sonic$0
Taiko$0
ZetaChain$0
Revenue 7d$21,490
Merlin$21,472
BOB$13.93
Arbitrum$1.77
BSC$0.50
Kaia$0.10
Base$0
Bitlayer$0
BSquared$0
CORE$0
Ethereum$0
IoTeX$0
Mode$0
Scroll$0
Sonic$0
Taiko$0
ZetaChain$0
Revenue 24h$1,093
Merlin$1,092
BSC$0.50
Kaia$0.05
Arbitrum$0
Base$0
Bitlayer$0
BOB$0
BSquared$0
CORE$0
Ethereum$0
IoTeX$0
Mode$0
Scroll$0
Sonic$0
Taiko$0
ZetaChain$0
Cumulative Revenue$328,623
Merlin$124,408
BSC$100,392
CORE$33,957
Bitlayer$31,633
Kaia$14,176
BOB$9,203
Sonic$8,324
Arbitrum$3,146
Ethereum$1,941
ZetaChain$1,133
Base$310.81
Taiko$2.07
Corn$1
IoTeX$0.17
BSquared$0
DuckChain$0
Mode$0
Scroll$0
Sei$0
Holders Revenue 30d$0
Holders Revenue 30d by chain
Arbitrum$0
Base$0
Bitlayer$0
BOB$0
BSC$0
BSquared$0
CORE$0
Ethereum$0
IoTeX$0
Kaia$0
Merlin$0
Mode$0
Scroll$0
Sonic$0
Taiko$0
ZetaChain$0
Holders Revenue 7d$0
Arbitrum$0
Base$0
Bitlayer$0
BOB$0
BSC$0
BSquared$0
CORE$0
Ethereum$0
IoTeX$0
Kaia$0
Merlin$0
Mode$0
Scroll$0
Sonic$0
Taiko$0
ZetaChain$0
Holders Revenue 24h$0
Arbitrum$0
Base$0
Bitlayer$0
BOB$0
BSC$0
BSquared$0
CORE$0
Ethereum$0
IoTeX$0
Kaia$0
Merlin$0
Mode$0
Scroll$0
Sonic$0
Taiko$0
ZetaChain$0
Cumulative Holders Revenue$0
Arbitrum$0
Base$0
Bitlayer$0
BOB$0
BSC$0
BSquared$0
CORE$0
Corn$0
DuckChain$0
Ethereum$0
IoTeX$0
Kaia$0
Merlin$0
Mode$0
Scroll$0
Sei$0
Sonic$0
Taiko$0
ZetaChain$0
Collateral Liquidated 30d$1,770
Collateral Liquidated 30d by chain
Merlin$1,548
BOB$111.77
Arbitrum$74.11
Base$33
Kaia$1.96
BSC$1.57
Bitlayer$0
BSquared$0
CORE$0
Ethereum$0
IoTeX$0
Mode$0
Scroll$0
Sonic$0
Taiko$0
ZetaChain$0
Collateral Liquidated 7d$130.01
Merlin$129.66
BSC$0.36
BOB$0.35
Arbitrum$0
Base$0
Bitlayer$0
BSquared$0
CORE$0
Ethereum$0
IoTeX$0
Kaia$0
Mode$0
Scroll$0
Sonic$0
Taiko$0
ZetaChain$0
Collateral Liquidated 24h$127
Merlin$127
BSC$0.36
Arbitrum$0
Base$0
Bitlayer$0
BOB$0
BSquared$0
CORE$0
Ethereum$0
IoTeX$0
Kaia$0
Mode$0
Scroll$0
Sonic$0
Taiko$0
ZetaChain$0
Cumulative Collateral Liquidated$119,073
Merlin$118,703
Arbitrum$222.58
BOB$112.15
Base$33
Kaia$1.96
BSC$1.57
Bitlayer$0
BSquared$0
CORE$0
Ethereum$0
IoTeX$0
Mode$0
Scroll$0
Sonic$0
Taiko$0
ZetaChain$0
Active Loans$625,109
Methodology
TVL: Counts the tokens locked in the contracts to be used as collateral to borrow or to earn yield. Borrowed coins are not counted towards the TVL, so only the coins actually locked in the contracts are counted. There's multiple reasons behind this but one of the main ones is to avoid inflating the TVL through cycled lending.View code on GitHubFees: Interest paid by borrowersView code on GitHubRevenue: Percentage of interest going to treasuryView code on GitHubHolders Revenue: View code on GitHubCollateral Liquidated: Total USD value of collateral seized in LiquidationCall events.View code on GitHubYields
Pools Tracked3
Average Supply APY0.41%
Competitors
Avalon Finance history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from Apr 12, 2024 to Nov 13, 2026.
All-time high TVL: $1.376b on Jan 31, 2025. All-time low TVL: $877,527 on Nov 8, 2026.
Daily TVL, Oct 15, 2026 to Nov 13, 2026
| Date | TVL |
|---|---|
| Oct 15, 2026 | $1.19m |
| Oct 16, 2026 | $1.3m |
| Oct 17, 2026 | $1.29m |
| Oct 18, 2026 | $1.06m |
| Oct 19, 2026 | $1.29m |
| Oct 20, 2026 | $1.29m |
| Oct 21, 2026 | $1.28m |
| Oct 22, 2026 | $1.11m |
| Oct 23, 2026 | $1.27m |
| Oct 24, 2026 | $1.28m |
| Oct 25, 2026 | $1.25m |
| Oct 26, 2026 | $1.2m |
| Oct 27, 2026 | $1.21m |
| Oct 28, 2026 | $1.27m |
| Oct 29, 2026 | $1.22m |
| Oct 30, 2026 | $1.16m |
| Oct 31, 2026 | $1.18m |
| Nov 1, 2026 | $1.16m |
| Nov 2, 2026 | $1.1m |
| Nov 3, 2026 | $1.09m |
| Nov 4, 2026 | $1.12m |
| Nov 5, 2026 | $1.14m |
| Nov 6, 2026 | $893,437 |
| Nov 7, 2026 | $904,180 |
| Nov 8, 2026 | $877,527 |
| Nov 9, 2026 | $1.01m |
| Nov 10, 2026 | $1.07m |
| Nov 11, 2026 | $1.05m |
| Nov 12, 2026 | $986,160 |
| Nov 13, 2026 | $944,122 |
TVL at each month end, Nov 2024 to Nov 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $1.01b |
| Dec 31, 2024 | $1.095b |
| Jan 31, 2025 | $1.376b |
| Feb 28, 2025 | $970.08m |
| Mar 31, 2025 | $715.55m |
| Apr 30, 2025 | $574.35m |
| May 31, 2025 | $430.04m |
| Jun 30, 2025 | $408.72m |
| Jul 31, 2025 | $35.11m |
| Aug 31, 2025 | $31.09m |
| Sep 30, 2025 | $8.91m |
| Oct 31, 2025 | $5.9m |
| Nov 30, 2025 | $4.54m |
| Dec 31, 2025 | $4.07m |
| Jan 31, 2026 | $3.63m |
| Feb 28, 2026 | $3m |
| Mar 31, 2026 | $2.88m |
| Apr 30, 2026 | $2.58m |
| May 31, 2026 | $1.6m |
| Jun 30, 2026 | $1.2m |
| Jul 31, 2026 | $1.33m |
| Sep 30, 2026 | $1.26m |
| Oct 31, 2026 | $1.18m |
| Nov 13, 2026 (latest) | $944,122 |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $1.095b |
| Dec 31, 2025 | $4.07m |
Fees, revenue and holders revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Dec 2024 | $197,775 | $57,951 | $0 |
| Jan 2025 | $243,221 | $68,273 | $0 |
| Feb 2025 | $118,655 | $34,536 | $0 |
| Mar 2025 | $95,821 | $26,108 | — |
| Apr 2025 | $16,615 | $4,885 | — |
| May 2025 | $8,569 | $2,642 | — |
| Jun 2025 | $30,423 | $5,273 | — |
| Jul 2025 | $18,902 | $5,498 | — |
| Aug 2025 | $7,653 | $1,555 | $0 |
| Sep 2025 | $3,476 | $924 | $0 |
| Oct 2025 | $8,493 | $1,614 | $0 |
| Nov 2025 | $4,890 | $723 | $0 |
| Dec 2025 | $4,232 | $1,199 | $0 |
| Jan 2026 | $4,308 | $1,219 | $0 |
| Feb 2026 | $882.29 | $327.62 | $0 |
| Mar 2026 | $2,034 | $141.23 | $0 |
| Apr 2026 | $725.46 | $213.57 | $0 |
| May 2026 | $1,062 | $359.74 | $0 |
| Jun 2026 | $18,705 | $5,642 | $0 |
| Jul 2026 | $53,879 | $16,143 | $0 |
| Aug 2026 | $78,409 | $23,356 | $0 |
| Sep 2026 | $51,033 | $10,788 | $0 |
| Oct 2026 | $112,368 | $34,628 | $0 |
| Nov 2026 (to date) | $69,184 | $24,623 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/avalon-finance
Frequently asked questions
What is Avalon Finance's TVL?
As of Nov 13, 2026, Avalon Finance has $947,985 in total value locked. TVL has decreased 27.1% over the past 30 days.
What chains does Avalon Finance operate on?
Avalon Finance operates on 22 chains: IoTeX, BSC, Merlin, Bitlayer, and Kaia and 17 others. IoTeX holds the largest share at 47.8%.
How much has Avalon Finance generated in fees and revenue?
Over the past 30 days, Avalon Finance generated $122,790 in fees. Of that, $40,862 was protocol revenue. Based on the trailing year, the annualized rate is $432,227 in fees and $128,535 in revenue.
How does Avalon Finance's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Avalon Finance ranks #121 by TVL. The category holds $47.75b across 520 protocols, and Avalon Finance accounts for <0.1% of that total. Similar protocols include Morpho Blue, LayerBank, Sumer.money, Aave V3, Euler V2, Folks Finance xChain, Tarot, TermMax, Impermax V2, and Ajna V2.
How much has been borrowed through Avalon Finance?
As of Nov 13, 2026, Avalon Finance has $625,109 in active loans.