Total Value Locked$10,342
TVL by Chain
Bitlayer$10,342
Key Metrics
Total Raised$10m
Dec 14, 2023Round: PrivateInvestors: OKX Ventures
Oct 28, 2024$10mRound: Investors: NxGen Capital, Ca Capital, IBC, Pragma Ventures, MH Ventures, Zephyrus Capital, Veris Ventures, Side Door Ventures, KuCoin Ventures, New Tribe Capital, GuildQB, DCI Capital, Kinetic Kollective, Aegis Ventures, Skyland Ventures, Cypher Capital, TPC Ventures
Protocol Information
BTC-Native stablecoin protocol, Initially funded by OKX_Ventures & ABCDELabs.
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubCompetitors
bitSmiley history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from May 13, 2024 to Oct 25, 2026.
All-time high TVL: $31.99m on Dec 17, 2024. All-time low TVL: $7,565 on Jun 26, 2026.
Daily TVL, Sep 26, 2026 to Oct 25, 2026
| Date | TVL |
|---|---|
| Sep 26, 2026 | $10,794 |
| Sep 27, 2026 | $10,850 |
| Sep 28, 2026 | $10,756 |
| Sep 29, 2026 | $10,720 |
| Sep 30, 2026 | $10,709 |
| Oct 1, 2026 | $10,725 |
| Oct 2, 2026 | $10,911 |
| Oct 3, 2026 | $10,868 |
| Oct 4, 2026 | $10,901 |
| Oct 5, 2026 | $11,152 |
| Oct 6, 2026 | $11,042 |
| Oct 7, 2026 | $10,798 |
| Oct 8, 2026 | $10,686 |
| Oct 9, 2026 | $10,489 |
| Oct 10, 2026 | $10,605 |
| Oct 11, 2026 | $10,657 |
| Oct 12, 2026 | $10,732 |
| Oct 13, 2026 | $10,571 |
| Oct 14, 2026 | $10,713 |
| Oct 15, 2026 | $10,491 |
| Oct 16, 2026 | $10,529 |
| Oct 17, 2026 | $10,464 |
| Oct 18, 2026 | $10,488 |
| Oct 19, 2026 | $10,566 |
| Oct 20, 2026 | $10,535 |
| Oct 21, 2026 | $10,636 |
| Oct 22, 2026 | $10,807 |
| Oct 23, 2026 | $10,479 |
| Oct 24, 2026 | $10,383 |
| Oct 25, 2026 | $10,374 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $29.38m |
| Dec 31, 2024 | $28m |
| Jan 31, 2025 | $31.53m |
| Feb 28, 2025 | $25.46m |
| Mar 31, 2025 | $16.56m |
| Apr 30, 2025 | $9.59m |
| May 31, 2025 | $10.55m |
| Jun 30, 2025 | $11m |
| Jul 31, 2025 | $761,964 |
| Aug 31, 2025 | $696,276 |
| Sep 30, 2025 | $611,556 |
| Oct 31, 2025 | $568,853 |
| Nov 30, 2025 | $465,074 |
| Dec 31, 2025 | $451,114 |
| Jan 31, 2026 | $429,226 |
| Feb 28, 2026 | $336,372 |
| Mar 31, 2026 | $341,997 |
| Apr 30, 2026 | $9,785 |
| May 31, 2026 | $9,497 |
| Jun 30, 2026 | $7,725 |
| Jul 31, 2026 | $8,262 |
| Aug 31, 2026 | $9,958 |
| Sep 30, 2026 | $10,709 |
| Oct 25, 2026 (latest) | $10,374 |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $28m |
| Dec 31, 2025 | $451,114 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/bitsmiley
Frequently asked questions
What is bitSmiley's TVL?
As of Oct 25, 2026, bitSmiley has $10,342 in total value locked. TVL has decreased 4.9% over the past 30 days.
What chains does bitSmiley operate on?
bitSmiley operates on Bitlayer. Bitlayer holds the largest share at 100%.
How does bitSmiley's TVL compare to similar protocols?
Among CDP protocols tracked by DefiLlama, bitSmiley ranks #126 by TVL. The category holds $7.614b across 200 protocols, and bitSmiley accounts for <0.1% of that total. Similar protocols include BitZap yUSD, Sky Lending, USDD, Liquity V1, crvUSD, Liquity V2, Lista CDP, Reservoir Protocol, Frankencoin, and Inverse Finance FiRM.