Buffer Finance(BFR)
Total Value Locked$108.84
TVL by Chain
Arbitrum$98.72
Polygon$10.12
Key Metrics
Cumulative Fees$1.21m
Cumulative Fees by chain
Arbitrum$1.21m
Polygon$754
Cumulative Revenue$1.21m
Cumulative Revenue by chain
Arbitrum$1.21m
Polygon$754
Staked$0
Protocol Information
Buffer Finance is an exotic options trading platform built for trading price volatility and hedge risks while trading high leveraged positions. With Buffer you can get access to diverse markets in completely non-custodial way and all trades condenses to a simple question whether the price of the underlying will go up or down
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Trading fees collected from options trading on the Buffer protocolView code on GitHubRevenue: Protocol revenue from trading fees retained by BufferView code on GitHubCompetitors
Buffer Finance history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Sep 30, 2022 to Oct 20, 2026.
All-time high TVL: $3.54m on Jul 16, 2023. All-time low TVL: $108 on Oct 4, 2026.
Daily TVL, Sep 21, 2026 to Oct 20, 2026
| Date | TVL |
|---|---|
| Sep 21, 2026 | $178 |
| Sep 22, 2026 | $178 |
| Sep 23, 2026 | $178 |
| Sep 24, 2026 | $178 |
| Sep 25, 2026 | $178 |
| Sep 26, 2026 | $178 |
| Sep 27, 2026 | $178 |
| Sep 28, 2026 | $178 |
| Sep 29, 2026 | $178 |
| Sep 30, 2026 | $178 |
| Oct 1, 2026 | $178 |
| Oct 2, 2026 | $178 |
| Oct 3, 2026 | $178 |
| Oct 4, 2026 | $108 |
| Oct 5, 2026 | $108 |
| Oct 6, 2026 | $108 |
| Oct 7, 2026 | $108 |
| Oct 8, 2026 | $108 |
| Oct 9, 2026 | $108 |
| Oct 10, 2026 | $108 |
| Oct 11, 2026 | $108 |
| Oct 12, 2026 | $108 |
| Oct 13, 2026 | $108 |
| Oct 14, 2026 | $108 |
| Oct 15, 2026 | $108 |
| Oct 16, 2026 | $108 |
| Oct 17, 2026 | $108 |
| Oct 18, 2026 | $108 |
| Oct 19, 2026 | $108 |
| Oct 20, 2026 | $108 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $303,831 |
| Dec 31, 2024 | $238,231 |
| Jan 31, 2025 | $210,168 |
| Feb 28, 2025 | $157,725 |
| Mar 31, 2025 | $134,695 |
| Apr 30, 2025 | $134,431 |
| May 31, 2025 | $136,667 |
| Jun 30, 2025 | $146,703 |
| Jul 31, 2025 | $141,162 |
| Aug 31, 2025 | $154,655 |
| Sep 30, 2025 | $121,736 |
| Oct 31, 2025 | $97,932 |
| Nov 30, 2025 | $83,016 |
| Dec 31, 2025 | $78,725 |
| Jan 31, 2026 | $72,275 |
| Feb 28, 2026 | $62,610 |
| Mar 31, 2026 | $61,194 |
| Apr 30, 2026 | $177 |
| May 31, 2026 | $178 |
| Jun 30, 2026 | $178 |
| Jul 31, 2026 | $178 |
| Aug 31, 2026 | $178 |
| Sep 30, 2026 | $178 |
| Oct 20, 2026 (latest) | $108 |
TVL at each year end, Dec 31, 2022 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2022 | $115,438 |
| Dec 31, 2023 | $946,681 |
| Dec 31, 2024 | $238,231 |
| Dec 31, 2025 | $78,725 |
Fees and revenue by UTC calendar month, Aug 2023 to Jul 2025
| Month | Fees | Revenue |
|---|---|---|
| Aug 2023 | $25,022 | $25,022 |
| Sep 2023 | $53,032 | $53,032 |
| Oct 2023 | $14,270 | $14,270 |
| Nov 2023 | $10,840 | $10,840 |
| Dec 2023 | $3,951 | $3,951 |
| Jan 2024 | $2,418 | $2,418 |
| Feb 2024 | $1,066 | $1,066 |
| Mar 2024 | $1,675 | $1,675 |
| Apr 2024 | $10,778 | $10,778 |
| May 2024 | $6,911 | $6,911 |
| Jun 2024 | $11,369 | $11,369 |
| Jul 2024 | $13,466 | $13,466 |
| Aug 2024 | $50,078 | $50,078 |
| Sep 2024 | $46,295 | $46,295 |
| Oct 2024 | $67,822 | $67,822 |
| Nov 2024 | $6,065 | $6,065 |
| Dec 2024 | $2,243 | $2,243 |
| Jan 2025 | $1,064 | $1,064 |
| Feb 2025 | $8,286 | $8,286 |
| Mar 2025 | $858 | $858 |
| Apr 2025 | $10,424 | $10,424 |
| May 2025 | $33,380 | $33,380 |
| Jun 2025 | $6,337 | $6,337 |
| Jul 2025 | $8,422 | $8,422 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/buffer-finance
Frequently asked questions
What is Buffer Finance's TVL?
As of Oct 20, 2026, Buffer Finance has $108.84 in total value locked. TVL has decreased 38.9% over the past 30 days.
What chains does Buffer Finance operate on?
Buffer Finance operates on 2 chains: Arbitrum and Polygon. Arbitrum holds the largest share at 90.7%.
How does Buffer Finance's TVL compare to similar protocols?
Among Options protocols tracked by DefiLlama, Buffer Finance ranks #53 by TVL. The category holds $212.86m across 73 protocols, and Buffer Finance accounts for <0.1% of that total. Other leading protocols include SOFA.org, Siren, Pods Finance, Deri Protocol, Thetanuts Finance, Opium, Hegic, Deri V4, Opyn Gamma, and Premia V3.

