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Demeter

Total Value Locked$285,653

TVL by Chain

BSC$285,653

Heco$0

The chart plots Active Loans as its own series; it is not part of the TVL above.

Key Metrics

Active Loans$3,896

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Protocol Information

Demeter is a multi-chain deployment decentralized currency market protocol (DUSD). Combining collateralized lending and collateralized stablecoin generation, Demeter provides a more secure lending service at a lower cost

Category:Lending

Audits:

Methodology

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

Competitors

Demeter history

TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from Nov 17, 2021 to Oct 21, 2026.

All-time high TVL: $41.79m on Nov 18, 2021. All-time low TVL: $127,455 on Sep 17, 2022.

Daily TVL, Sep 22, 2026 to Oct 21, 2026

DateTVL
Sep 22, 2026$286,652
Sep 23, 2026$286,921
Sep 24, 2026$286,418
Sep 25, 2026$286,615
Sep 26, 2026$286,751
Sep 27, 2026$286,661
Sep 28, 2026$286,714
Sep 29, 2026$286,265
Sep 30, 2026$286,115
Oct 1, 2026$286,230
Oct 2, 2026$286,330
Oct 3, 2026$286,353
Oct 4, 2026$286,693
Oct 5, 2026$286,892
Oct 6, 2026$286,688
Oct 7, 2026$286,476
Oct 8, 2026$286,052
Oct 9, 2026$285,071
Oct 10, 2026$285,254
Oct 11, 2026$285,365
Oct 12, 2026$285,590
Oct 13, 2026$284,800
Oct 14, 2026$285,381
Oct 15, 2026$284,829
Oct 16, 2026$284,965
Oct 17, 2026$284,817
Oct 18, 2026$284,714
Oct 19, 2026$284,869
Oct 20, 2026$284,966
Oct 21, 2026$285,281

TVL at each month end, Nov 2024 to Oct 2026

DateTVL
Nov 30, 2024$294,099
Dec 31, 2024$296,761
Jan 31, 2025$287,584
Feb 28, 2025$283,546
Mar 31, 2025$283,566
Apr 30, 2025$284,297
May 31, 2025$286,463
Jun 30, 2025$287,087
Jul 31, 2025$290,560
Aug 31, 2025$291,883
Sep 30, 2025$294,883
Oct 31, 2025$294,979
Nov 30, 2025$290,412
Dec 31, 2025$290,423
Jan 31, 2026$289,414
Feb 28, 2026$284,289
Mar 31, 2026$283,959
Apr 30, 2026$284,310
May 31, 2026$284,592
Jun 30, 2026$280,465
Jul 31, 2026$281,508
Aug 31, 2026$283,866
Sep 30, 2026$286,115
Oct 21, 2026 (latest)$285,281

TVL at each year end, Dec 31, 2021 to Dec 31, 2025

DateTVL
Dec 31, 2021$8.82m
Dec 31, 2022$305,342
Dec 31, 2023$319,712
Dec 31, 2024$296,761
Dec 31, 2025$290,423

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/demeter

Frequently asked questions

What is Demeter's TVL?

As of Oct 21, 2026, Demeter has $285,653 in total value locked. TVL has decreased 0.1% over the past 30 days.

What chains does Demeter operate on?

Demeter operates on 2 chains: BSC and Heco. BSC holds the largest share at 100%.

How does Demeter's TVL compare to similar protocols?

Among Lending protocols tracked by DefiLlama, Demeter ranks #166 by TVL. The category holds $54.464b across 516 protocols, and Demeter accounts for <0.1% of that total. Similar protocols include WePiggy, FilDA, Aave V3, Morpho Blue, Venus Core Pool, Lista Lending, Euler V2, TermMax, Gearbox, and Native Credit Pool.

How much has been borrowed through Demeter?

As of Oct 21, 2026, Demeter has $3,896 in active loans.