Logo of Cega V1

Cega V1

Total Value Locked$308,195

TVL by Chain

Solana$168,585

Ethereum$120,638

Arbitrum$18,972

The chart plots Active Loans as its own series; it is not part of the TVL above.

Key Metrics

Active Loans$169,594

Total Raised$9.3m

Mar 9, 2022$4.3mRound: SeedInvestors: Dragonfly Capital, Pantera Capital, Coinbase Ventures, Alameda Research, Solana Ventures

Mar 27, 2023$5mRound: Seed

Protocol Information

Cega offers safer and transparent yield strategies as defi's first exotic options protocol.

Part of Cega

Category:Options

Cega V1 history

TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from Oct 27, 2022 to Nov 15, 2026.

All-time high TVL: $40.01m on Dec 29, 2022. All-time low TVL: $12,675 on Nov 25, 2022.

Daily TVL, Oct 17, 2026 to Nov 15, 2026

DateTVL
Oct 17, 2026$308,248
Oct 18, 2026$308,211
Oct 19, 2026$308,217
Oct 20, 2026$308,235
Oct 21, 2026$308,194
Oct 22, 2026$308,185
Oct 23, 2026$308,111
Oct 24, 2026$308,167
Oct 25, 2026$308,139
Oct 26, 2026$308,174
Oct 27, 2026$308,061
Oct 28, 2026$308,079
Oct 29, 2026$308,122
Oct 30, 2026$307,969
Oct 31, 2026$308,217
Nov 1, 2026$308,262
Nov 2, 2026$308,202
Nov 3, 2026$308,197
Nov 4, 2026$308,220
Nov 5, 2026$308,217
Nov 6, 2026$308,230
Nov 7, 2026$308,229
Nov 8, 2026$308,210
Nov 9, 2026$308,189
Nov 10, 2026$308,210
Nov 11, 2026$308,237
Nov 12, 2026$308,234
Nov 13, 2026$308,217
Nov 14, 2026$308,212
Nov 15, 2026$308,189

TVL at each month end, Dec 2024 to Nov 2026

DateTVL
Dec 31, 2024$589,960
Jan 31, 2025$373,397
Feb 28, 2025$364,094
Mar 31, 2025$335,268
Apr 30, 2025$324,444
May 31, 2025$322,824
Jun 30, 2025$316,516
Jul 31, 2025$314,382
Aug 31, 2025$313,443
Sep 30, 2025$309,714
Oct 31, 2025$309,264
Nov 30, 2025$308,413
Dec 31, 2025$308,189
Jan 31, 2026$308,204
Feb 28, 2026$308,262
Mar 31, 2026$308,140
Apr 30, 2026$308,236
May 31, 2026$308,145
Jun 30, 2026$308,166
Jul 31, 2026$308,172
Aug 31, 2026$308,213
Sep 30, 2026$308,230
Oct 31, 2026$308,217
Nov 15, 2026 (latest)$308,189

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

DateTVL
Dec 31, 2022$17.44m
Dec 31, 2023$1.17m
Dec 31, 2024$589,960
Dec 31, 2025$308,189

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/cega-v1

Frequently asked questions

What is Cega V1's TVL?

As of Nov 15, 2026, Cega V1 has $308,195 in total value locked. TVL has increased <0.1% over the past 30 days.

What chains does Cega V1 operate on?

Cega V1 operates on 3 chains: Solana, Ethereum, and Arbitrum. Solana holds the largest share at 54.7%.

How does Cega V1's TVL compare to similar protocols?

Among Options protocols tracked by DefiLlama, Cega V1 ranks #15 by TVL. The category holds $190.52m across 76 protocols, and Cega V1 accounts for 0.2% of that total. Similar protocols include Hegic, SOFA.org, Pods Finance, Siren, Thetanuts Finance, Premia V2, TYMIO, Derive V1, Cega V2, and Opium.

How much has been borrowed through Cega V1?

As of Nov 15, 2026, Cega V1 has $169,594 in active loans.