Total Value Locked$479.69
TVL by Chain
Ethereum$479.69
The chart plots Active Loans as its own series; it is not part of the TVL above.
Key Metrics
Active Loans$0
BAO Markets history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from Apr 9, 2022 to Nov 12, 2026.
All-time high TVL: $876,732 on Mar 3, 2023. All-time low TVL: $363 on Jun 26, 2026.
Daily TVL, Oct 14, 2026 to Nov 12, 2026
| Date | TVL |
|---|---|
| Oct 14, 2026 | $595 |
| Oct 15, 2026 | $575 |
| Oct 16, 2026 | $580 |
| Oct 17, 2026 | $576 |
| Oct 18, 2026 | $576 |
| Oct 19, 2026 | $575 |
| Oct 20, 2026 | $570 |
| Oct 21, 2026 | $582 |
| Oct 22, 2026 | $583 |
| Oct 23, 2026 | $567 |
| Oct 24, 2026 | $566 |
| Oct 25, 2026 | $561 |
| Oct 26, 2026 | $552 |
| Oct 27, 2026 | $552 |
| Oct 28, 2026 | $558 |
| Oct 29, 2026 | $548 |
| Oct 30, 2026 | $522 |
| Oct 31, 2026 | $534 |
| Nov 1, 2026 | $536 |
| Nov 2, 2026 | $545 |
| Nov 3, 2026 | $536 |
| Nov 4, 2026 | $538 |
| Nov 5, 2026 | $577 |
| Nov 6, 2026 | $531 |
| Nov 7, 2026 | $534 |
| Nov 8, 2026 | $531 |
| Nov 9, 2026 | $509 |
| Nov 10, 2026 | $505 |
| Nov 11, 2026 | $485 |
| Nov 12, 2026 | $487 |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $3,961 |
| Jan 31, 2025 | $3,634 |
| Feb 28, 2025 | $2,452 |
| Mar 31, 2025 | $83,382 |
| Apr 30, 2025 | $19,456 |
| May 31, 2025 | $5,288 |
| Jun 30, 2025 | $5,238 |
| Jul 31, 2025 | $8,084 |
| Aug 31, 2025 | $9,385 |
| Sep 30, 2025 | $8,833 |
| Oct 31, 2025 | $8,043 |
| Nov 30, 2025 | $6,313 |
| Dec 31, 2025 | $6,245 |
| Jan 31, 2026 | $5,159 |
| Feb 28, 2026 | $458 |
| Mar 31, 2026 | $493 |
| Apr 30, 2026 | $538 |
| May 31, 2026 | $482 |
| Jun 30, 2026 | $378 |
| Jul 31, 2026 | $454 |
| Aug 31, 2026 | $576 |
| Sep 30, 2026 | $635 |
| Oct 31, 2026 | $534 |
| Nov 12, 2026 (latest) | $487 |
TVL at each year end, Dec 31, 2022 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2022 | $193,001 |
| Dec 31, 2023 | $2,520 |
| Dec 31, 2024 | $3,961 |
| Dec 31, 2025 | $6,245 |
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-markets
Frequently asked questions
What is BAO Markets' TVL?
As of Nov 12, 2026, BAO Markets has $479.69 in total value locked. TVL has decreased 16.6% over the past 30 days.
What chains does BAO Markets operate on?
BAO Markets operates on Ethereum. Ethereum holds the largest share at 100%.
How does BAO Markets' TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, BAO Markets ranks #396 by TVL. The category holds $47.766b across 520 protocols, and BAO Markets accounts for <0.1% of that total. Similar protocols include Aave V3, Morpho Blue, SparkLend, Maple, Compound V3, Venus Core Pool, Lista Lending, Aave V4, Fluid Lending, and Euler V2.
How much has been borrowed through BAO Markets?
As of Nov 12, 2026, BAO Markets has $0 in active loans.