Ask about Chi Protocol · freeTotal Value Locked$0.92
TVL by Chain
Ethereum$0.92
The chart plots Staking as its own series; it is not part of the TVL above.
Key Metrics
Staked$0
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:
Hacks
Date: Jul 13, 2026
Amount: $8,500
Classification: Protocol Logic
Technique: Redeem Logic Flaw
Chi Protocol exploited on July 13, 2026 for ~$8.5K. Attacker flash-loaned 5 WETH, bought depegged USC from a thin Uniswap V2 pool, and burned it against the ReserveHolder. The burn() function assumed a $1 peg without checking, redeeming full-value collateral.
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Competitors
Chi Protocol history
TVL is the default DefiLlama definition, which excludes Staking, Pool2, and Vesting. Daily values are UTC snapshots from May 16, 2024 to Nov 13, 2026.
All-time high TVL: $1.08m on May 28, 2024. All-time low TVL: $1 on Aug 20, 2026.
Daily TVL, Oct 15, 2026 to Nov 13, 2026
| Date | TVL |
|---|---|
| Oct 15, 2026 | $1 |
| Oct 16, 2026 | $1 |
| Oct 17, 2026 | $1 |
| Oct 18, 2026 | $1 |
| Oct 19, 2026 | $1 |
| Oct 20, 2026 | $1 |
| Oct 21, 2026 | $1 |
| Oct 22, 2026 | $1 |
| Oct 23, 2026 | $1 |
| Oct 24, 2026 | $1 |
| Oct 25, 2026 | $1 |
| Oct 26, 2026 | $1 |
| Oct 27, 2026 | $1 |
| Oct 28, 2026 | $1 |
| Oct 29, 2026 | $1 |
| Oct 30, 2026 | $1 |
| Oct 31, 2026 | $1 |
| Nov 1, 2026 | $1 |
| Nov 2, 2026 | $1 |
| Nov 3, 2026 | $1 |
| Nov 4, 2026 | $1 |
| Nov 5, 2026 | $1 |
| Nov 6, 2026 | $1 |
| Nov 7, 2026 | $1 |
| Nov 8, 2026 | $1 |
| Nov 9, 2026 | $1 |
| Nov 10, 2026 | $1 |
| Nov 11, 2026 | $0 |
| Nov 12, 2026 | $0 |
| Nov 13, 2026 | $0 |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $5,148 |
| Jan 31, 2025 | $41,669 |
| Feb 28, 2025 | $30,638 |
| Mar 31, 2025 | $18,307 |
| Apr 30, 2025 | $18,313 |
| May 31, 2025 | $19,666 |
| Jun 30, 2025 | $16,683 |
| Jul 31, 2025 | $22,844 |
| Aug 31, 2025 | $22,781 |
| Sep 30, 2025 | $20,845 |
| Oct 31, 2025 | $18,254 |
| Nov 30, 2025 | $14,294 |
| Dec 31, 2025 | $14,187 |
| Jan 31, 2026 | $12,848 |
| Feb 28, 2026 | $9,199 |
| Mar 31, 2026 | $9,732 |
| Apr 30, 2026 | $10,812 |
| May 31, 2026 | $9,498 |
| Jun 30, 2026 | $7,453 |
| Jul 31, 2026 | $0 |
| Aug 31, 2026 | $1 |
| Sep 30, 2026 | $1 |
| Oct 31, 2026 | $1 |
| Nov 13, 2026 (latest) | $0 |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $5,148 |
| Dec 31, 2025 | $14,187 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/chi-protocol
Frequently asked questions
What is Chi Protocol's TVL?
As of Nov 13, 2026, Chi Protocol has $0.92 in total value locked. TVL has decreased 8.3% over the past 30 days.
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 $1.63m across 6 protocols, and Chi Protocol accounts for <0.1% of that total. Similar 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.