Protocol Information
Cyclo enables users to access leverage by locking collateral and minting tradable tokens, without relying on lending pools, interest rates, or liquidation risks
Audits:
Methodology
TVL: Total value locked in Cyclo vaults.View code on GitHubCompetitors
Cyclo history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Dec 10, 2024 to Oct 31, 2026.
All-time high TVL: $1.06m on Sep 25, 2025. All-time low TVL: $29 on Dec 10, 2024.
Daily TVL, Oct 2, 2026 to Oct 31, 2026
| Date | TVL |
|---|---|
| Oct 2, 2026 | $192,788 |
| Oct 3, 2026 | $188,502 |
| Oct 4, 2026 | $188,673 |
| Oct 5, 2026 | $192,167 |
| Oct 6, 2026 | $189,794 |
| Oct 7, 2026 | $190,672 |
| Oct 8, 2026 | $183,631 |
| Oct 9, 2026 | $179,669 |
| Oct 10, 2026 | $178,569 |
| Oct 11, 2026 | $178,855 |
| Oct 12, 2026 | $182,388 |
| Oct 13, 2026 | $179,165 |
| Oct 14, 2026 | $179,609 |
| Oct 15, 2026 | $172,279 |
| Oct 16, 2026 | $175,640 |
| Oct 17, 2026 | $173,925 |
| Oct 18, 2026 | $171,464 |
| Oct 19, 2026 | $171,022 |
| Oct 20, 2026 | $168,144 |
| Oct 21, 2026 | $171,102 |
| Oct 22, 2026 | $171,783 |
| Oct 23, 2026 | $165,476 |
| Oct 24, 2026 | $163,256 |
| Oct 25, 2026 | $161,633 |
| Oct 26, 2026 | $161,477 |
| Oct 27, 2026 | $161,164 |
| Oct 28, 2026 | $162,857 |
| Oct 29, 2026 | $163,746 |
| Oct 30, 2026 | $156,496 |
| Oct 31, 2026 | $158,779 |
TVL at each month end, Dec 2024 to Oct 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $58,417 |
| Jan 31, 2025 | $505,119 |
| Feb 28, 2025 | $533,825 |
| Mar 31, 2025 | $368,113 |
| Apr 30, 2025 | $482,626 |
| May 31, 2025 | $584,443 |
| Jun 30, 2025 | $535,224 |
| Jul 31, 2025 | $680,222 |
| Aug 31, 2025 | $758,672 |
| Sep 30, 2025 | $1.03m |
| Oct 31, 2025 | $709,772 |
| Nov 30, 2025 | $650,375 |
| Dec 31, 2025 | $458,204 |
| Jan 31, 2026 | $340,406 |
| Feb 28, 2026 | $285,928 |
| Mar 31, 2026 | $229,463 |
| Apr 30, 2026 | $207,094 |
| May 31, 2026 | $206,913 |
| Jun 30, 2026 | $171,263 |
| Jul 31, 2026 | $168,379 |
| Aug 31, 2026 | $178,625 |
| Sep 30, 2026 | $198,634 |
| Oct 31, 2026 | $158,779 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/cyclo
Frequently asked questions
What is Cyclo's TVL?
As of Oct 31, 2026, Cyclo has $158,720 in total value locked. TVL has decreased 19.1% over the past 30 days.
How does Cyclo's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Cyclo ranks #85 by TVL. The category holds $1.909b across 421 protocols, and Cyclo accounts for <0.1% of that total. Similar protocols include Flamix, Lynx, SparkDEX Perps, Jupiter Perpetual Exchange, GMX EVM, Hyperliquid HLP, Lighter Robinhood Perps, Extended Perps, Lighter LLP, and dYdX V4.