Ask about D2 Finance · freeTotal Value Locked$22.76m
TVL by Chain
Hyperliquid L1$11.2m
Arbitrum$8.84m
Base$2.38m
Ethereum$188,965
Robinhood Chain$99,966
Berachain$42,349
OP Mainnet$1,094
Key Metrics
Fees 30d$77,252
Fees 30d by chain
Hyperliquid L1$77,252
Arbitrum$0
Base$0
Berachain$0
Ethereum$0
Fees 7d$0
Arbitrum$0
Base$0
Berachain$0
Ethereum$0
Hyperliquid L1$0
Fees 24h$0
Arbitrum$0
Base$0
Berachain$0
Ethereum$0
Hyperliquid L1$0
Cumulative Fees$3.51m
Arbitrum$2.08m
Hyperliquid L1$1.05m
Base$219,119
Berachain$161,483
Ethereum$0
Revenue 30d$15,450
Revenue 30d by chain
Hyperliquid L1$15,450
Arbitrum$0
Base$0
Berachain$0
Ethereum$0
Revenue 7d$0
Arbitrum$0
Base$0
Berachain$0
Ethereum$0
Hyperliquid L1$0
Revenue 24h$0
Arbitrum$0
Base$0
Berachain$0
Ethereum$0
Hyperliquid L1$0
Cumulative Revenue$702,459
Arbitrum$417,177
Hyperliquid L1$209,162
Base$43,823
Berachain$32,297
Ethereum$0
Staked$0
Protocol Information
Tokenized Derivatives Strategies, dynamically managing risk and reward efficiently. Offering a robust suite of institutional-grade managed strategies within innovative, non-custodial single-click vault architecture.
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: All yields are generated from all staking assets across all trading strategies.View code on GitHubRevenue: 20% performance fee, 0% management fee on the flagship strategy, and 2% management fee on other strategies.View code on GitHubYields
Pools Tracked7
Average Supply APY13.93%
Competitors
D2 Finance history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Jul 5, 2024 to Nov 12, 2026.
All-time high TVL: $35.01m on Sep 19, 2026. All-time low TVL: $4.2m on Jul 25, 2024.
Daily TVL, Oct 14, 2026 to Nov 12, 2026
| Date | TVL |
|---|---|
| Oct 14, 2026 | $28.57m |
| Oct 15, 2026 | $28.38m |
| Oct 16, 2026 | $28.59m |
| Oct 17, 2026 | $23.82m |
| Oct 18, 2026 | $23.6m |
| Oct 19, 2026 | $23.68m |
| Oct 20, 2026 | $23.67m |
| Oct 21, 2026 | $23.83m |
| Oct 22, 2026 | $23.88m |
| Oct 23, 2026 | $23.49m |
| Oct 24, 2026 | $23.41m |
| Oct 25, 2026 | $23.45m |
| Oct 26, 2026 | $23.4m |
| Oct 27, 2026 | $23.52m |
| Oct 28, 2026 | $23.84m |
| Oct 29, 2026 | $23.78m |
| Oct 30, 2026 | $24.44m |
| Oct 31, 2026 | $24.48m |
| Nov 1, 2026 | $24.54m |
| Nov 2, 2026 | $24.38m |
| Nov 3, 2026 | $24.08m |
| Nov 4, 2026 | $24.16m |
| Nov 5, 2026 | $24.22m |
| Nov 6, 2026 | $23.39m |
| Nov 7, 2026 | $23.51m |
| Nov 8, 2026 | $23.45m |
| Nov 9, 2026 | $23.14m |
| Nov 10, 2026 | $23.15m |
| Nov 11, 2026 | $22.84m |
| Nov 12, 2026 | $22.86m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $8.13m |
| Jan 31, 2025 | $10.24m |
| Feb 28, 2025 | $14.21m |
| Mar 31, 2025 | $8.51m |
| Apr 30, 2025 | $5.6m |
| May 31, 2025 | $7.56m |
| Jun 30, 2025 | $8.3m |
| Jul 31, 2025 | $12.13m |
| Aug 31, 2025 | $14.98m |
| Sep 30, 2025 | $14.39m |
| Oct 31, 2025 | $17.54m |
| Nov 30, 2025 | $8.58m |
| Dec 31, 2025 | $9m |
| Jan 31, 2026 | $11.06m |
| Feb 28, 2026 | $10.78m |
| Mar 31, 2026 | $19.12m |
| Apr 30, 2026 | $19.07m |
| May 31, 2026 | $25.4m |
| Jun 30, 2026 | $27.2m |
| Jul 31, 2026 | $27.44m |
| Aug 31, 2026 | $32.92m |
| Sep 30, 2026 | $28.73m |
| Oct 31, 2026 | $24.48m |
| Nov 12, 2026 (latest) | $22.86m |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $8.13m |
| Dec 31, 2025 | $9m |
Fees and revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue |
|---|---|---|
| Dec 2024 | $115,958 | $23,191 |
| Jan 2025 | $14,658 | $2,931 |
| Feb 2025 | $34,931 | $6,986 |
| Mar 2025 | $75,185 | $15,037 |
| Apr 2025 | $102,119 | $20,425 |
| May 2025 | $59,019 | $11,803 |
| Jun 2025 | $329,889 | $65,977 |
| Jul 2025 | $210,441 | $42,089 |
| Aug 2025 | $266,386 | $53,277 |
| Sep 2025 | $14,177 | $2,836 |
| Oct 2025 | $269,759 | $53,951 |
| Nov 2025 | $144,197 | $28,840 |
| Dec 2025 | $51,757 | $10,351 |
| Jan 2026 | $107,475 | $21,495 |
| Feb 2026 | $52,715 | $10,543 |
| Mar 2026 | $219,467 | $43,894 |
| Apr 2026 | $6,234 | $1,247 |
| May 2026 | $110,385 | $22,077 |
| Jun 2026 | $309,699 | $61,940 |
| Jul 2026 | $20,980 | $4,195 |
| Aug 2026 | $10,565 | $2,113 |
| Sep 2026 | $742,546 | $148,509 |
| Oct 2026 | $77,252 | $15,450 |
| Nov 2026 (to date) | $0 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/d2-finance
Frequently asked questions
What is D2 Finance's TVL?
As of Nov 12, 2026, D2 Finance has $22.76m in total value locked. TVL has decreased 19.5% over the past 30 days.
What chains does D2 Finance operate on?
D2 Finance operates on 7 chains: Hyperliquid L1, Arbitrum, Base, Ethereum, and Robinhood Chain and 2 others. Hyperliquid L1 holds the largest share at 49.2%.
How much has D2 Finance generated in fees and revenue?
Over the past 30 days, D2 Finance generated $77,252 in fees. Of that, $15,450 was protocol revenue. Based on the trailing year, the annualized rate is $1.73m in fees and $345,346 in revenue.
How does D2 Finance's TVL compare to similar protocols?
Among Onchain Capital Allocator protocols tracked by DefiLlama, D2 Finance ranks #19 by TVL. The category holds $8.79b across 87 protocols, and D2 Finance accounts for 0.3% of that total. Similar protocols include Lagoon, Veda, Spark Liquidity Layer, IPOR Fusion, Rigoblock, Aera V3, Mitosis, Bitty Vaults, MaxShot, and Concrete.
How many yield pools does D2 Finance have?
DefiLlama tracks 7 D2 Finance yield pools with an average APY of 13.9%.