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Baki

Total Value Locked$0

TVL by Chain

Avalanche$0

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Protocol Information

Baki provides synthetic African stablecoins in a scalable manner to bring African currencies on-chain. Collateralized with USDC, Baki allows users to mint zUSD (US Dollar), zNGN (Nigerian Naira), zZAR (South African Rand) and zXAF (Central African CFA). zTokens can be swapped for one another without any slippage, providing infinite FX liquidity.

Category:CDP

Methodology

TVL: Total collateral deposited on BakiView code on GitHub

Competitors

Baki history

TVL is the default DefiLlama definition. Daily values are UTC snapshots from Oct 31, 2023 to Nov 4, 2026.

All-time high TVL: $61,197 on Dec 18, 2023. All-time low TVL: $5,957 on Feb 27, 2026.

Daily TVL, Oct 6, 2026 to Nov 4, 2026

DateTVL
Oct 6, 2026$0
Oct 7, 2026$0
Oct 8, 2026$0
Oct 9, 2026$0
Oct 10, 2026$0
Oct 11, 2026$0
Oct 12, 2026$0
Oct 13, 2026$0
Oct 14, 2026$0
Oct 15, 2026$0
Oct 16, 2026$0
Oct 17, 2026$0
Oct 18, 2026$0
Oct 19, 2026$0
Oct 20, 2026$0
Oct 21, 2026$0
Oct 22, 2026$0
Oct 23, 2026$0
Oct 24, 2026$0
Oct 25, 2026$0
Oct 26, 2026$0
Oct 27, 2026$0
Oct 28, 2026$0
Oct 29, 2026$0
Oct 30, 2026$0
Oct 31, 2026$0
Nov 1, 2026$0
Nov 2, 2026$0
Nov 3, 2026$0
Nov 4, 2026$0

TVL at each month end, Dec 2024 to Nov 2026

DateTVL
Dec 31, 2024$9,459
Jan 31, 2025$9,348
Feb 28, 2025$9,403
Mar 31, 2025$6,901
Apr 30, 2025$6,900
May 31, 2025$6,161
Jun 30, 2025$5,971
Jul 31, 2025$5,970
Aug 31, 2025$5,971
Sep 30, 2025$5,970
Oct 31, 2025$5,971
Nov 30, 2025$5,970
Dec 31, 2025$5,971
Jan 31, 2026$5,966
Feb 28, 2026$5,957
Mar 31, 2026$5,959
Apr 30, 2026$0
May 31, 2026$0
Jun 30, 2026$0
Jul 31, 2026$0
Aug 31, 2026$0
Sep 30, 2026$0
Oct 31, 2026$0
Nov 4, 2026 (latest)$0

TVL at each year end, Dec 31, 2023 to Dec 31, 2025

DateTVL
Dec 31, 2023$55,954
Dec 31, 2024$9,459
Dec 31, 2025$5,971

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/baki

Frequently asked questions

What is Baki's TVL?

As of Nov 4, 2026, Baki has $0 in total value locked.

What chains does Baki operate on?

Baki operates on Avalanche.

How does Baki's TVL compare to similar protocols?

Among CDP protocols tracked by DefiLlama, Baki ranks #186 by TVL. The category holds $6.733b across 197 protocols, and Baki accounts for 0% of that total. Similar protocols include Abracadabra Spell, QiDao, Angle, Parallel Protocol V3, Iron Finance, xDollar, Defrost, Button Wrappers, Stabilize, and TopShelf.