Ask about Defa By InvoiceMate · freeTotal Value Locked$7.19m
TVL by Chain
Stellar$4.01m
ZIGChain$2.1m
Starknet$1.07m
Key Metrics
DEX Volume 30d$20.91m
DEX Volume 30d by chain
Ethereum$20.91m
Starknet$0
Stellar$0
ZIGChain$0
DEX Volume 7d$4.01m
Ethereum$4.01m
Starknet$0
Stellar$0
ZIGChain$0
DEX Volume 24h$0
Ethereum$0
Starknet$0
Stellar$0
ZIGChain$0
Cumulative DEX Volume$71.81m
Ethereum$71.81m
Starknet$0
Stellar$0
ZIGChain$0
Protocol Information
DeFa by InvoiceMate is a full-stack RWAFi protocol that transforms verified trade receivables into liquid, yield-bearing assets and connects liquidity providers with stable & secured yield backed by real-world economic activity.
Sub Category: Private Credit
Methodology
TVL: TVL is the total active liquidity across invoice-backed pools, reported by on-chain Logger contracts on Stellar (Soroban), ZigChain (CosmWasm), and Starknet (Cairo).View code on GitHubDEX Volume: Daily USDC inflow into DeFa's real-world-credit pools. Invoice financing on Stellar, ZigChain and Starknet: from the on-chain TVL loggers (snapshotted daily to Dune, day-over-day delta). PSP/PayFi lending on Ethereum: USDC Transfer logs into the DeFa PayFi address, read on-chain. DefiLlama accumulates into cumulative volume (monotonic).View code on GitHubCompetitors
Defa By InvoiceMate history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Feb 25, 2026 to Oct 24, 2026.
All-time high TVL: $7.19m on Aug 28, 2026. All-time low TVL: $2.27m on Feb 27, 2026.
Daily TVL, Sep 25, 2026 to Oct 24, 2026
| Date | TVL |
|---|---|
| Sep 25, 2026 | $7.19m |
| Sep 26, 2026 | $7.19m |
| Sep 27, 2026 | $7.19m |
| Sep 28, 2026 | $7.19m |
| Sep 29, 2026 | $7.19m |
| Sep 30, 2026 | $7.19m |
| Oct 1, 2026 | $7.19m |
| Oct 2, 2026 | $7.19m |
| Oct 3, 2026 | $7.19m |
| Oct 4, 2026 | $7.19m |
| Oct 5, 2026 | $7.19m |
| Oct 6, 2026 | $7.19m |
| Oct 7, 2026 | $7.19m |
| Oct 8, 2026 | $7.19m |
| Oct 9, 2026 | $7.19m |
| Oct 10, 2026 | $7.19m |
| Oct 11, 2026 | $7.19m |
| Oct 12, 2026 | $7.19m |
| Oct 13, 2026 | $7.19m |
| Oct 14, 2026 | $7.19m |
| Oct 15, 2026 | $7.19m |
| Oct 16, 2026 | $7.19m |
| Oct 17, 2026 | $7.19m |
| Oct 18, 2026 | $7.19m |
| Oct 19, 2026 | $7.19m |
| Oct 20, 2026 | $7.19m |
| Oct 21, 2026 | $7.19m |
| Oct 22, 2026 | $7.19m |
| Oct 23, 2026 | $7.19m |
| Oct 24, 2026 | $7.19m |
TVL at each month end, Feb 2026 to Oct 2026
| Date | TVL |
|---|---|
| Feb 28, 2026 | $2.27m |
| Mar 31, 2026 | $3.76m |
| Apr 30, 2026 | $4.87m |
| May 31, 2026 | $6.11m |
| Jun 30, 2026 | $6.11m |
| Jul 31, 2026 | $7.19m |
| Aug 31, 2026 | $7.19m |
| Sep 30, 2026 | $7.19m |
| Oct 24, 2026 (latest) | $7.19m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/defa-by-invoicemate
Frequently asked questions
What is Defa By InvoiceMate's TVL?
As of Oct 24, 2026, Defa By InvoiceMate has $7.19m in total value locked. TVL has decreased <0.1% over the past 30 days.
What chains does Defa By InvoiceMate operate on?
Defa By InvoiceMate operates on 4 chains: Stellar, ZIGChain, Starknet, and Ethereum. Stellar holds the largest share at 55.8%.
How does Defa By InvoiceMate's TVL compare to similar protocols?
Among RWA protocols tracked by DefiLlama, Defa By InvoiceMate ranks #33 by TVL. The category holds $4.135b across 176 protocols, and Defa By InvoiceMate accounts for 0.2% of that total. Similar protocols include Huma, Nawa Protocol, Ethena USDtb, Re, Anemoy Capital, OpenTrade, Plume Vaults, Theo Network thUSD, Frax USD, and Ember.
How much trading volume does Defa By InvoiceMate process?
Defa By InvoiceMate processed $20.91m in DEX volume over the past 30 days.