Ask about Chi Protocol
Logo of Chi ProtocolChi Protocol(CHI)
Total Value Locked$0.87

TVL by Chain

Ethereum$0.87

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.

Category:Partially Algorithmic Stablecoin

Audits:

Methodology

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

Hacks

Date: Jul 13, 2026

Amount: $8,500

Classification: Protocol Logic

Technique: Flashloan Accounting Logic Exploit

Chains: Ethereum

Language: Solidity

Target Type: DeFi Protocol

Competitors

Frequently Asked Questions

What is Chi Protocol?

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.

What is Chi Protocol's TVL?

Chi Protocol currently has $0.87 in total value locked. TVL has decreased 100% 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 #4 by TVL. The category holds $2.76m across 5 protocols, and Chi Protocol accounts for <0.1% of that total. Other leading protocols include dTRINITY, Chamber, and UXD.

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.