Logo of ChakraChakra
Total Value Locked$22,795.57

TVL by Chain

Bitcoin$22,795.57

Key Metrics

Total Raised

Apr 26, 2024Round: Investors: StarkWare, ABCDE, Bixin Ventures, Coinsummer, Cogitent Ventures, Trustless Labs, XingKong

Protocol Information

Chakra Network is an innovative blockchain platform designed to overcome the limitations of existing cross-chain solutions by providing a secure, efficient, and scalable infrastructure for decentralized applications.

WebsiteTwitter
Category:Restaked BTC

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors

Lombard LBTC ($706.5m)GTBTC ($274.27m)SolvBTC LSTs ($76.88m)Lorenzo stBTC ($26,958.63)pSTAKE BTC ($0.47)alloBTC ($0.43)LISA BTC LST

Frequently Asked Questions

What is Chakra's TVL?

Chakra currently has $22,795.57 in total value locked. TVL has increased 14.9% over the past 30 days.

What chains does Chakra operate on?

Chakra operates on Bitcoin. Bitcoin holds the largest share at 100%.

How does Chakra's TVL compare to similar protocols?

Among Restaked BTC protocols tracked by DefiLlama, Chakra ranks #5 by TVL. The category holds $1.058b across 8 protocols, and Chakra accounts for <0.1% of that total. Other leading protocols include Lombard LBTC, GTBTC, SolvBTC LSTs, Lorenzo stBTC, pSTAKE BTC, alloBTC, and LISA BTC LST.