Ask about Bitwise · freeTotal Value Locked$4.61m
TVL by Chain
Ethereum$4.53m
Arc$78,289
Base$1,776
Key Metrics
Total Raised$154.5m
Dec 12, 2017$4mRound: SeedInvestors: Adam Ludwin, Adam Nash, Blockchain Capital, Caffeinated Capital, Collaborative Fund, Craft Ventures, David King, Elad Gil, Eric Wu, General Catalyst, Khosla Ventures, Naval Ravikant, Ryan Petersen, Suna Said, Third Point Ventures
May 1, 2019$10.5mRound: Series AInvestors: Bossanova Investimentos, Highlight Capital
Jun 15, 2021$70mRound: Series BInvestors: Abby Adlerman, Adam Nash, Alison Davis, Asha Sharma, Ashley Yuki, Benjamin Stein, Blockchain Capital, C.J. Fitzgerald, Carolyn Everson, Carrie Pomerantz, Castle Island Ventures, Charles Goldman, Coinbase Ventures, Daniel Saul Sundheim, Dave Fogel, David McCormick, Elad Gil
Feb 25, 2025$70mRound: Investors: Electric Capital, MMVentures, MIT Investment Managament Company, Highland Capital Partners, Haun Ventures, ParaFi Capital, Khosla Ventures, General Catalyst, B.lc, Blockchain Coinvestors, Nikesh Arora
Protocol Information
Bitwise curates on-chain lending vaults on Morpho, allocating deposited assets across risk-managed Morpho markets.
Bitwise history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Sep 3, 2026 to Nov 14, 2026.
All-time high TVL: $22.46m on Sep 19, 2026. All-time low TVL: $4.61m on Nov 14, 2026.
Daily TVL, Oct 16, 2026 to Nov 14, 2026
| Date | TVL |
|---|---|
| Oct 16, 2026 | $18.91m |
| Oct 17, 2026 | $18.57m |
| Oct 18, 2026 | $18.59m |
| Oct 19, 2026 | $18.59m |
| Oct 20, 2026 | $19.96m |
| Oct 21, 2026 | $20.05m |
| Oct 22, 2026 | $19.24m |
| Oct 23, 2026 | $18.22m |
| Oct 24, 2026 | $17.5m |
| Oct 25, 2026 | $17.71m |
| Oct 26, 2026 | $17.8m |
| Oct 27, 2026 | $17.75m |
| Oct 28, 2026 | $15.7m |
| Oct 29, 2026 | $15.81m |
| Oct 30, 2026 | $14.83m |
| Oct 31, 2026 | $14.68m |
| Nov 1, 2026 | $14.77m |
| Nov 2, 2026 | $16.12m |
| Nov 3, 2026 | $12.23m |
| Nov 4, 2026 | $10.65m |
| Nov 5, 2026 | $10.14m |
| Nov 6, 2026 | $6.85m |
| Nov 7, 2026 | $6.77m |
| Nov 8, 2026 | $6.65m |
| Nov 9, 2026 | $6.25m |
| Nov 10, 2026 | $6.19m |
| Nov 11, 2026 | $6.15m |
| Nov 12, 2026 | $5.63m |
| Nov 13, 2026 | $4.92m |
| Nov 14, 2026 | $4.61m |
TVL at each month end, Sep 2026 to Nov 2026
| Date | TVL |
|---|---|
| Sep 30, 2026 | $19.69m |
| Oct 31, 2026 | $14.68m |
| Nov 14, 2026 (latest) | $4.61m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/bitwise
Frequently asked questions
What is Bitwise's TVL?
As of Nov 14, 2026, Bitwise has $4.61m in total value locked. TVL has decreased 75.9% over the past 30 days.
What chains does Bitwise operate on?
Bitwise operates on 3 chains: Ethereum, Arc, and Base. Ethereum holds the largest share at 98.3%.
How does Bitwise's TVL compare to similar protocols?
Among Risk Curators protocols tracked by DefiLlama, Bitwise ranks #40 by TVL. The category holds $9.579b across 100 protocols, and Bitwise accounts for <0.1% of that total. Similar protocols include Steakhouse Financial, Gauntlet, KPK, Galaxy Curation, Re7 Labs, RockawayX, Clearstar, Keyrock, Gami Labs, and Tulipa Capital.