Logo of BAO Ballast

BAO Ballast

Total Value Locked$0.13

TVL by Chain

Ethereum$0.13

Protocol Information

The Ballast allows users to swap between bUSD and available DAI for a 1% fee.

Category:CDP

BAO Ballast history

TVL is the default DefiLlama definition. Daily values are UTC snapshots from Apr 9, 2022 to Nov 13, 2026.

All-time high TVL: $590,744 on Jan 11, 2024. All-time low TVL: $10 on Sep 19, 2025.

Daily TVL, Oct 15, 2026 to Nov 13, 2026

DateTVL
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
Nov 5, 2026$0
Nov 6, 2026$0
Nov 7, 2026$0
Nov 8, 2026$0
Nov 9, 2026$0
Nov 10, 2026$0
Nov 11, 2026$0
Nov 12, 2026$0
Nov 13, 2026$0

TVL at each month end, Dec 2024 to Nov 2026

DateTVL
Dec 31, 2024$48
Jan 31, 2025$47
Feb 28, 2025$37
Mar 31, 2025$34
Apr 30, 2025$27
May 31, 2025$34
Jun 30, 2025$34
Jul 31, 2025$46
Aug 31, 2025$52
Sep 30, 2025$10
Oct 31, 2025$10
Nov 30, 2025$10
Dec 31, 2025$14,456
Jan 31, 2026$14,135
Feb 28, 2026$13,743
Mar 31, 2026$12,024
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 13, 2026 (latest)$0

TVL at each year end, Dec 31, 2022 to Dec 31, 2025

DateTVL
Dec 31, 2022$129,914
Dec 31, 2023$549,821
Dec 31, 2024$48
Dec 31, 2025$14,456

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

Frequently asked questions

What is BAO Ballast's TVL?

As of Nov 13, 2026, BAO Ballast has $0.13 in total value locked.

What chains does BAO Ballast operate on?

BAO Ballast operates on Ethereum. Ethereum holds the largest share at 100%.

How does BAO Ballast's TVL compare to similar protocols?

Among CDP protocols tracked by DefiLlama, BAO Ballast ranks #177 by TVL. The category holds $5.669b across 198 protocols, and BAO Ballast accounts for <0.1% of that total. Similar protocols include Sky Lending, USDD, Liquity V1, Reservoir Protocol, crvUSD, Liquity V2, Frankencoin, Inverse Finance FiRM, BIMA CDP, and Monolith Market.