Ask about Buffer Finance
Logo of Buffer Finance

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

Loading chart...

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

Category:Options

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 GitHub

Competitors

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

DateTVL
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

DateTVL
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

DateTVL
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

MonthFeesRevenue
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.