Drakewell
Total Value Locked$27.77m
TVL by Chain
Ethereum$12.05m
Arbitrum$11.63m
ALEO$4.1m
Protocol Information
JUSD deploys deposited USDC into curated credit vaults, combining delta-neutral CEX/DEX arbitrage with variably collateralized private credit strategies, both onchain and offchain.
Drakewell history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Oct 1, 2026 to Nov 11, 2026.
All-time high TVL: $27.78m on Nov 11, 2026. All-time low TVL: $22.78m on Oct 1, 2026.
Daily TVL, Oct 13, 2026 to Nov 11, 2026
| Date | TVL |
|---|---|
| Oct 13, 2026 | $22.88m |
| Oct 14, 2026 | $22.89m |
| Oct 15, 2026 | $22.88m |
| Oct 16, 2026 | $22.91m |
| Oct 17, 2026 | $23.94m |
| Oct 18, 2026 | $23.94m |
| Oct 19, 2026 | $23.95m |
| Oct 20, 2026 | $23.96m |
| Oct 21, 2026 | $23.96m |
| Oct 22, 2026 | $24.97m |
| Oct 23, 2026 | $24.99m |
| Oct 24, 2026 | $25m |
| Oct 25, 2026 | $25.02m |
| Oct 26, 2026 | $25.06m |
| Oct 27, 2026 | $25.09m |
| Oct 28, 2026 | $25.11m |
| Oct 29, 2026 | $25.12m |
| Oct 30, 2026 | $26.11m |
| Oct 31, 2026 | $26.13m |
| Nov 1, 2026 | $26.14m |
| Nov 2, 2026 | $26.14m |
| Nov 3, 2026 | $26.15m |
| Nov 4, 2026 | $26.42m |
| Nov 5, 2026 | $26.32m |
| Nov 6, 2026 | $26.34m |
| Nov 7, 2026 | $27.34m |
| Nov 8, 2026 | $27.45m |
| Nov 9, 2026 | $27.48m |
| Nov 10, 2026 | $27.49m |
| Nov 11, 2026 | $27.78m |
TVL at each month end, Oct 2026 to Nov 2026
| Date | TVL |
|---|---|
| Oct 31, 2026 | $26.13m |
| Nov 11, 2026 (latest) | $27.78m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/drakewell
Frequently asked questions
What is Drakewell's TVL?
As of Nov 11, 2026, Drakewell has $27.77m in total value locked. TVL has increased 21.5% over the past 30 days.
What chains does Drakewell operate on?
Drakewell operates on 3 chains: Ethereum, Arbitrum, and ALEO. Ethereum holds the largest share at 43.4%.
How does Drakewell's TVL compare to similar protocols?
Among Basis Trading protocols tracked by DefiLlama, Drakewell ranks #14 by TVL. The category holds $7.86b across 41 protocols, and Drakewell accounts for 0.4% of that total. Similar protocols include Solv Basis Trading, ZEROBASE CeDeFi, Theo Straddle Vaults, Ethena USDe, Falcon Finance, BitFi Basis, Tori Finance, Axis, Aegis YUSD, and Piku Finance.
How many yield pools does Drakewell have?
DefiLlama tracks 2 Drakewell yield pools with an average APY of 12%.