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
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
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubCompetitors
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
| Date | TVL |
|---|---|
| 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
| Date | TVL |
|---|---|
| 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
| Date | TVL |
|---|---|
| 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.