Davos Protocol
Total Value Locked$21,873
TVL by Chain
BSC$9,573
Ethereum$5,515
Polygon$4,996
Linea$962.40
OP Mainnet$449.73
Arbitrum$375.98
Mode$0.87
Polygon zkEVM$0
Protocol Information
Davos Protocol is a pioneering DeFi platform that revolutionizes the use of collateral in the cryptocurrency space. It uniquely integrates Liquid Staking Tokens (LSTs) and Liquid ReStaking Tokens (LRTs) as collateral for its Collateralized Debt Positions (CDPs), enabling users to borrow its versatile omnichain stablecoin, DUSD. By aligning Loan-to-Value (LTV) ratios with the risk profile of each collateral type, Davos offers a balanced and secure borrowing experience. Users can capitalize on their staked assets, maintain rewards, and explore compounded yield opportunities across various DeFi activities. Emphasizing user-centric governance and innovation, Davos Protocol is at the forefront of advancing DeFi composability and sustainable yield generation
Audits:
Davos Protocol history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Feb 14, 2023 to Nov 12, 2026.
All-time high TVL: $1.18m on Jun 6, 2024. All-time low TVL: $13,074 on Jul 9, 2026.
Daily TVL, Oct 14, 2026 to Nov 12, 2026
| Date | TVL |
|---|---|
| Oct 14, 2026 | $24,603 |
| Oct 15, 2026 | $23,904 |
| Oct 16, 2026 | $23,837 |
| Oct 17, 2026 | $23,801 |
| Oct 18, 2026 | $23,641 |
| Oct 19, 2026 | $23,741 |
| Oct 20, 2026 | $23,635 |
| Oct 21, 2026 | $24,014 |
| Oct 22, 2026 | $23,864 |
| Oct 23, 2026 | $23,593 |
| Oct 24, 2026 | $23,467 |
| Oct 25, 2026 | $23,399 |
| Oct 26, 2026 | $23,298 |
| Oct 27, 2026 | $23,253 |
| Oct 28, 2026 | $23,490 |
| Oct 29, 2026 | $23,200 |
| Oct 30, 2026 | $22,447 |
| Oct 31, 2026 | $23,247 |
| Nov 1, 2026 | $23,113 |
| Nov 2, 2026 | $23,052 |
| Nov 3, 2026 | $22,824 |
| Nov 4, 2026 | $23,053 |
| Nov 5, 2026 | $23,954 |
| Nov 6, 2026 | $23,161 |
| Nov 7, 2026 | $23,035 |
| Nov 8, 2026 | $22,923 |
| Nov 9, 2026 | $22,442 |
| Nov 10, 2026 | $22,327 |
| Nov 11, 2026 | $22,004 |
| Nov 12, 2026 | $21,933 |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $303,770 |
| Jan 31, 2025 | $231,952 |
| Feb 28, 2025 | $187,769 |
| Mar 31, 2025 | $171,019 |
| Apr 30, 2025 | $174,367 |
| May 31, 2025 | $181,883 |
| Jun 30, 2025 | $174,713 |
| Jul 31, 2025 | $189,219 |
| Aug 31, 2025 | $176,826 |
| Sep 30, 2025 | $156,560 |
| Oct 31, 2025 | $148,860 |
| Nov 30, 2025 | $131,247 |
| Dec 31, 2025 | $123,673 |
| Jan 31, 2026 | $122,932 |
| Feb 28, 2026 | $118,282 |
| Mar 31, 2026 | $118,136 |
| Apr 30, 2026 | $119,536 |
| May 31, 2026 | $118,140 |
| Jun 30, 2026 | $21,566 |
| Jul 31, 2026 | $22,653 |
| Aug 31, 2026 | $24,031 |
| Sep 30, 2026 | $26,159 |
| Oct 31, 2026 | $23,247 |
| Nov 12, 2026 (latest) | $21,933 |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $485,972 |
| Dec 31, 2024 | $303,770 |
| Dec 31, 2025 | $123,673 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/davos-protocol
Frequently asked questions
What is Davos Protocol's TVL?
As of Nov 12, 2026, Davos Protocol has $21,873 in total value locked. TVL has decreased 8.9% over the past 30 days.
What chains does Davos Protocol operate on?
Davos Protocol operates on 8 chains: BSC, Ethereum, Polygon, Linea, and OP Mainnet and 3 others. BSC holds the largest share at 43.8%.
How does Davos Protocol's TVL compare to similar protocols?
Among CDP protocols tracked by DefiLlama, Davos Protocol ranks #102 by TVL. The category holds $5.745b across 197 protocols, and Davos Protocol accounts for <0.1% of that total. Similar protocols include QiDao, Angle, Gravita Protocol, Reservoir Protocol, Abracadabra Spell, xDollar, MahaDAO Arth, Deaderal Reserve Protocol, USDD, and BIMA CDP.