Total Value Locked$7.45m
TVL by Chain
Arbitrum$7.45m
Key Metrics
Fees 30d$30,036
Fees 30d by chain
Arbitrum$30,036
Fees 7d$8,512
Arbitrum$8,512
Fees 24h$1,161
Arbitrum$1,161
Cumulative Fees$817,786
Arbitrum$817,786
Revenue 30d$30,028
Revenue 30d by chain
Arbitrum$30,028
Revenue 7d$8,512
Arbitrum$8,512
Revenue 24h$1,161
Arbitrum$1,161
Cumulative Revenue$762,583
Arbitrum$762,583
Holders Revenue 30d$0
Holders Revenue 30d by chain
Arbitrum$0
Holders Revenue 7d$0
Arbitrum$0
Holders Revenue 24h$0
Arbitrum$0
Cumulative Holders Revenue$30
Arbitrum$30
Perp Volume 30d$525.86m
Perp Volume 30d by chain
Arbitrum$525.86m
Perp Volume 7d$150.62m
Arbitrum$150.62m
Perp Volume 24h$19.23m
Arbitrum$19.23m
Cumulative Perp Volume$21.478b
Arbitrum$21.478b
Open Interest$133.53m
Protocol Information
Boros is a yield-trading platform on margin by Pendle
Methodology
TVL: Boros TVL is calculated by summing all collateral tokens held in the Boros Market Hub contract. Boros is Pendle's yield trading with margin platform that enables trading of funding rates and other off-chain yields.View code on GitHubFees: Includes open/close trades fees, swap fees, liquidation and settlement fees.View code on GitHubRevenue: Include open/close fees and settlement fees going to the protocol.View code on GitHubHolders Revenue: View code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubCompetitors
Boros history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Aug 7, 2025 to Oct 23, 2026.
All-time high TVL: $12.35m on Apr 18, 2026. All-time low TVL: $1.78m on Aug 7, 2025.
Daily TVL, Sep 24, 2026 to Oct 23, 2026
| Date | TVL |
|---|---|
| Sep 24, 2026 | $7.96m |
| Sep 25, 2026 | $8.03m |
| Sep 26, 2026 | $7.94m |
| Sep 27, 2026 | $7.97m |
| Sep 28, 2026 | $8m |
| Sep 29, 2026 | $7.97m |
| Sep 30, 2026 | $7.95m |
| Oct 1, 2026 | $7.92m |
| Oct 2, 2026 | $7.95m |
| Oct 3, 2026 | $7.92m |
| Oct 4, 2026 | $7.94m |
| Oct 5, 2026 | $8.04m |
| Oct 6, 2026 | $8m |
| Oct 7, 2026 | $7.97m |
| Oct 8, 2026 | $7.75m |
| Oct 9, 2026 | $7.49m |
| Oct 10, 2026 | $7.53m |
| Oct 11, 2026 | $7.56m |
| Oct 12, 2026 | $7.69m |
| Oct 13, 2026 | $7.47m |
| Oct 14, 2026 | $7.58m |
| Oct 15, 2026 | $7.44m |
| Oct 16, 2026 | $7.48m |
| Oct 17, 2026 | $7.43m |
| Oct 18, 2026 | $7.39m |
| Oct 19, 2026 | $7.47m |
| Oct 20, 2026 | $7.42m |
| Oct 21, 2026 | $7.53m |
| Oct 22, 2026 | $7.59m |
| Oct 23, 2026 | $7.38m |
TVL at each month end, Aug 2025 to Oct 2026
| Date | TVL |
|---|---|
| Aug 31, 2025 | $3.09m |
| Sep 30, 2025 | $4.34m |
| Oct 31, 2025 | $4.55m |
| Nov 30, 2025 | $6.22m |
| Dec 31, 2025 | $6.82m |
| Jan 31, 2026 | $8.97m |
| Feb 28, 2026 | $7.86m |
| Mar 31, 2026 | $10.31m |
| Apr 30, 2026 | $11.04m |
| May 31, 2026 | $9.94m |
| Jun 30, 2026 | $8.43m |
| Jul 31, 2026 | $7.71m |
| Aug 31, 2026 | $8.37m |
| Sep 30, 2026 | $7.95m |
| Oct 23, 2026 (latest) | $7.38m |
Fees, revenue and holders revenue by UTC calendar month, Jul 2025 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Jul 2025 | $35 | $5 | $0 |
| Aug 2025 | $28,559 | $26,122 | $0 |
| Sep 2025 | $64,393 | $60,070 | $0 |
| Oct 2025 | $87,640 | $64,506 | $30 |
| Nov 2025 | $51,445 | $49,059 | $0 |
| Dec 2025 | $69,077 | $65,670 | $0 |
| Jan 2026 | $101,734 | $96,615 | $0 |
| Feb 2026 | $66,419 | $62,477 | $0 |
| Mar 2026 | $56,603 | $53,645 | $0 |
| Apr 2026 | $60,010 | $57,781 | $0 |
| May 2026 | $52,890 | $50,264 | $0 |
| Jun 2026 | $44,578 | $42,204 | $0 |
| Jul 2026 | $41,459 | $41,433 | $0 |
| Aug 2026 | $34,717 | $34,593 | $0 |
| Sep 2026 | $34,052 | $33,967 | $0 |
| Oct 2026 (to date) | $24,175 | $24,172 | $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/boros
Frequently asked questions
What is Boros' TVL?
As of Oct 23, 2026, Boros has $7.45m in total value locked. TVL has decreased 7.8% over the past 30 days.
What chains does Boros operate on?
Boros operates on Arbitrum. Arbitrum holds the largest share at 100%.
How much has Boros generated in fees and revenue?
Over the past 30 days, Boros generated $30,036 in fees. Of that, $30,028 was protocol revenue. Based on the trailing year, the annualized rate is $660,084 in fees and $633,467 in revenue.
How does Boros' TVL compare to similar protocols?
Among Interest Rate Derivatives protocols tracked by DefiLlama, Boros ranks #1 by TVL. The category holds $8.1m across 3 protocols, and Boros accounts for 91.9% of that total. Similar protocols include Rho X and PARE.
How much perpetual futures volume does Boros process?
Boros processed $525.86m in perpetual futures volume over the past 30 days.

