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Bond Protocol

Total Value Locked$663.71

TVL by Chain

Ethereum$574.93

Arbitrum$88.78

Key Metrics

Total Raised$2.5m

Oct 6, 2022$2.5mRound: SeedInvestors: Ideo CoLab, Chapter One, Hypershere, Alchemy Ventures

Protocol Information

Bond Protocol is an independent, fair platform offering innovative Bonds-as-a-Service for DeFi. It allows permissionless bond market creation, tokenized bond positions, and easy integration of new bond assets and auction interfaces

Category:Services

Hacks

Date: Oct 21, 2022

Amount: $300,000

Classification: Input Validation

Technique: Missing Input Validation

On October 21, 2022, attacker deployed counterfeit bond tokens on Bond Protocol's OlympusDAO market and redeemed them for legitimate OHM collateral, draining $300K before returning funds hours later. Fixed-Expiry Teller lacked token validation.

Chains: Ethereum

Language: Solidity

Target Type: DeFi Protocol

Competitors

Bond Protocol history

TVL is the default DefiLlama definition. Daily values are UTC snapshots from Dec 1, 2022 to Nov 13, 2026.

All-time high TVL: $3.63m on Jan 21, 2023. All-time low TVL: $666 on Nov 7, 2026.

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

DateTVL
Oct 15, 2026$908
Oct 16, 2026$914
Oct 17, 2026$913
Oct 18, 2026$901
Oct 19, 2026$896
Oct 20, 2026$881
Oct 21, 2026$760
Oct 22, 2026$762
Oct 23, 2026$746
Oct 24, 2026$854
Oct 25, 2026$852
Oct 26, 2026$743
Oct 27, 2026$740
Oct 28, 2026$744
Oct 29, 2026$734
Oct 30, 2026$792
Oct 31, 2026$808
Nov 1, 2026$726
Nov 2, 2026$715
Nov 3, 2026$704
Nov 4, 2026$702
Nov 5, 2026$789
Nov 6, 2026$671
Nov 7, 2026$666
Nov 8, 2026$751
Nov 9, 2026$729
Nov 10, 2026$723
Nov 11, 2026$693
Nov 12, 2026$674
Nov 13, 2026$668

TVL at each month end, Dec 2024 to Nov 2026

DateTVL
Dec 31, 2024$89,070
Jan 31, 2025$105,531
Feb 28, 2025$146,100
Mar 31, 2025$134,346
Apr 30, 2025$123,983
May 31, 2025$114,180
Jun 30, 2025$95,838
Jul 31, 2025$108,940
Aug 31, 2025$107,627
Sep 30, 2025$127,808
Oct 31, 2025$104,676
Nov 30, 2025$104,074
Dec 31, 2025$100,943
Jan 31, 2026$91,304
Feb 28, 2026$81,114
Mar 31, 2026$74,114
Apr 30, 2026$88,551
May 31, 2026$86,639
Jun 30, 2026$72,331
Jul 31, 2026$85,547
Aug 31, 2026$91,349
Sep 30, 2026$92,485
Oct 31, 2026$808
Nov 13, 2026 (latest)$668

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

DateTVL
Dec 31, 2022$3.39m
Dec 31, 2023$442,413
Dec 31, 2024$89,070
Dec 31, 2025$100,943

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

Frequently asked questions

What is Bond Protocol's TVL?

As of Nov 13, 2026, Bond Protocol has $663.71 in total value locked. TVL has decreased 29.5% over the past 30 days.

What chains does Bond Protocol operate on?

Bond Protocol operates on 2 chains: Ethereum and Arbitrum. Ethereum holds the largest share at 86.6%.

How does Bond Protocol's TVL compare to similar protocols?

Among Services protocols tracked by DefiLlama, Bond Protocol ranks #15 by TVL. The category holds $176,086 across 118 protocols, and Bond Protocol accounts for 0.4% of that total. Similar protocols include Metavault DAO, SuperFarm, YFDAI, Delegate Marketplace, Zenland, Powaa Protocol, Dego Finance, GoatxTech, Numbers Protocol, and Ubiquity DAO.

Has Bond Protocol ever been exploited?

Bond Protocol has 1 recorded security incident. The most recent incident occurred on Oct 21, 2022 and involved $300,000. It was classified as Input Validation.