Key Metrics
Staked$0
$CHI Liquidity$183,859
Velodrome V2$183,859
Protocol Information
Chi Protocol is the scalable LST-backed stablecoin protocol powered by USC and CHI. Users can mint USC 1:1 vs. ETH/stETH, and LSTs are used to payout real yield to the governance token CHI. Smart contracts and arbitrage incentives automatically maintain the protocol's stability and solvency.
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubHacks
Date: Jul 13, 2026
Amount: $8,500
Classification: Protocol Logic
Technique: Redeem Logic Flaw
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Competitors
Frequently Asked Questions
What is Chi Protocol's TVL?
Chi Protocol currently has $1.19 in total value locked.
What chains does Chi Protocol operate on?
Chi Protocol operates on Ethereum. Ethereum holds the largest share at 100%.
How does Chi Protocol's TVL compare to similar protocols?
Among Partially Algorithmic Stablecoin protocols tracked by DefiLlama, Chi Protocol ranks #5 by TVL. The category holds $2.83m across 6 protocols, and Chi Protocol accounts for <0.1% of that total. Other leading protocols include dTRINITY dUSD, Flat Money V2, UXD, Flat Money V1, and FxDAO.
Has Chi Protocol ever been exploited?
Chi Protocol has 1 recorded security incident. The most recent incident occurred on Jul 13, 2026 and involved $8,500. It was classified as Protocol Logic.