Total Value Locked$0
TVL by Chain
Stellar$0
Key Metrics
Fees 30d$71,495
Fees 30d by chain
Stellar$71,495
Fees 7d$13,817
Stellar$13,817
Fees 24h$1,904
Stellar$1,904
Cumulative Fees$1.17m
Stellar$1.17m
Revenue 30d$0
Revenue 30d by chain
Stellar$0
Revenue 7d$0
Stellar$0
Revenue 24h$0
Stellar$0
Cumulative Revenue$0
Stellar$0
Holders Revenue 30d$0
Holders Revenue 30d by chain
Stellar$0
Holders Revenue 7d$0
Stellar$0
Holders Revenue 24h$0
Stellar$0
Cumulative Holders Revenue$0
Stellar$0
Protocol Information
Insurance pool for lending markets created with Blend.
Methodology
TVL: Counts the Blend V2 backstop contract's share of the BLND:USDC comet pool: its LP balance's proportional claim on the pool's underlying tokens, read on-chain.View code on GitHubFees: Interest paid by Blend v2 borrowers that goes to backstop depositors.View code on GitHubRevenue: The Blend protocol does not keep treasury revenue from backstop interest.View code on GitHubHolders Revenue: View code on GitHubCompetitors
Blend Backstop V2 history
TVL is the default DefiLlama definition, which excludes Pool2. Daily values are UTC snapshots from Apr 30, 2025 to Oct 27, 2026.
All-time high TVL: $0 on Apr 30, 2025.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $0 |
| Sep 29, 2026 | $0 |
| Sep 30, 2026 | $0 |
| Oct 1, 2026 | $0 |
| Oct 2, 2026 | $0 |
| Oct 3, 2026 | $0 |
| Oct 4, 2026 | $0 |
| Oct 5, 2026 | $0 |
| 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 |
TVL at each month end, Apr 2025 to Oct 2026
| Date | TVL |
|---|---|
| Apr 30, 2025 | $0 |
| May 31, 2025 | $0 |
| Jun 30, 2025 | $0 |
| Jul 31, 2025 | $0 |
| Aug 31, 2025 | $0 |
| Sep 30, 2025 | $0 |
| Oct 31, 2025 | $0 |
| Nov 30, 2025 | $0 |
| Dec 31, 2025 | $0 |
| Jan 31, 2026 | $0 |
| Feb 28, 2026 | $0 |
| Mar 31, 2026 | $0 |
| 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 27, 2026 (latest) | $0 |
Fees, revenue and holders revenue by UTC calendar month, May 2025 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| May 2025 | $4,165 | $0 | $0 |
| Jun 2025 | $9,819 | $0 | $0 |
| Jul 2025 | $19,514 | $0 | $0 |
| Aug 2025 | $31,520 | $0 | $0 |
| Sep 2025 | $36,115 | $0 | $0 |
| Oct 2025 | $57,287 | $0 | $0 |
| Nov 2025 | $72,080 | $0 | $0 |
| Dec 2025 | $88,201 | $0 | $0 |
| Jan 2026 | $98,557 | $0 | $0 |
| Feb 2026 | $84,371 | $0 | $0 |
| Mar 2026 | $84,556 | $0 | $0 |
| Apr 2026 | $87,467 | $0 | $0 |
| May 2026 | $86,850 | $0 | $0 |
| Jun 2026 | $77,611 | $0 | $0 |
| Jul 2026 | $94,031 | $0 | $0 |
| Aug 2026 | $91,486 | $0 | $0 |
| Sep 2026 | $81,919 | $0 | $0 |
| Oct 2026 (to date) | $60,665 | $0 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/blend-backstop-v2
Frequently asked questions
What is Blend Backstop V2's TVL?
As of Oct 27, 2026, Blend Backstop V2 has $0 in total value locked.
What chains does Blend Backstop V2 operate on?
Blend Backstop V2 operates on Stellar.
How much has Blend Backstop V2 generated in fees and revenue?
Over the past 30 days, Blend Backstop V2 generated $71,495 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $1.02m in fees.
How does Blend Backstop V2's TVL compare to similar protocols?
Among Insurance protocols tracked by DefiLlama, Blend Backstop V2 ranks #33 by TVL. The category holds $176.69m across 33 protocols, and Blend Backstop V2 accounts for 0% of that total. Similar protocols include Blend Backstop, Nexus Mutual, Firelight, Easedefi.org, Unslashed, Ensuro, Cozy Earn, iTrust Finance, Cover Protocol, and Ante Finance.

