Ask about Dual Finance · freeTotal Value Locked$229,806
TVL by Chain
Solana$229,806
The chart plots Staking as its own series; it is not part of the TVL above.
Key Metrics
Staked$229,806
Protocol Information
Incentive Liquidity Infrastructure. Provides token communities with sustainable ways to generate value & token liquidity from their treasuries. Through liquid option based incentives, tools and services, Dual Finance unleashes participation in decentralized communities
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubCompetitors
Dual Finance history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Apr 26, 2022 to Oct 30, 2026.
All-time high TVL: $16.72m on Mar 5, 2024. All-time low TVL: $1 on Jul 12, 2022.
Daily TVL, Oct 1, 2026 to Oct 30, 2026
| Date | TVL |
|---|---|
| Oct 1, 2026 | $271,314 |
| Oct 2, 2026 | $268,517 |
| Oct 3, 2026 | $264,230 |
| Oct 4, 2026 | $262,219 |
| Oct 5, 2026 | $274,643 |
| Oct 6, 2026 | $265,609 |
| Oct 7, 2026 | $261,194 |
| Oct 8, 2026 | $252,198 |
| Oct 9, 2026 | $243,394 |
| Oct 10, 2026 | $249,095 |
| Oct 11, 2026 | $247,172 |
| Oct 12, 2026 | $250,803 |
| Oct 13, 2026 | $242,706 |
| Oct 14, 2026 | $242,541 |
| Oct 15, 2026 | $236,607 |
| Oct 16, 2026 | $235,327 |
| Oct 17, 2026 | $229,446 |
| Oct 18, 2026 | $225,322 |
| Oct 19, 2026 | $223,938 |
| Oct 20, 2026 | $226,915 |
| Oct 21, 2026 | $232,705 |
| Oct 22, 2026 | $224,334 |
| Oct 23, 2026 | $223,849 |
| Oct 24, 2026 | $218,216 |
| Oct 25, 2026 | $219,047 |
| Oct 26, 2026 | $212,497 |
| Oct 27, 2026 | $216,614 |
| Oct 28, 2026 | $241,113 |
| Oct 29, 2026 | $244,825 |
| Oct 30, 2026 | $229,806 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $5.8m |
| Dec 31, 2024 | $3.75m |
| Jan 31, 2025 | $3.38m |
| Feb 28, 2025 | $2.33m |
| Mar 31, 2025 | $2.44m |
| Apr 30, 2025 | $2.65m |
| May 31, 2025 | $2.65m |
| Jun 30, 2025 | $2.25m |
| Jul 31, 2025 | $2.87m |
| Aug 31, 2025 | $2.3m |
| Sep 30, 2025 | $2.33m |
| Oct 31, 2025 | $2.01m |
| Nov 30, 2025 | $1.92m |
| Dec 31, 2025 | $2.12m |
| Jan 31, 2026 | $521,305 |
| Feb 28, 2026 | $429,160 |
| Mar 31, 2026 | $425,922 |
| Apr 30, 2026 | $453,694 |
| May 31, 2026 | $418,058 |
| Jun 30, 2026 | $368,761 |
| Jul 31, 2026 | $200,148 |
| Aug 31, 2026 | $218,147 |
| Sep 30, 2026 | $262,618 |
| Oct 30, 2026 (latest) | $229,806 |
TVL at each year end, Dec 31, 2022 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2022 | $251,229 |
| Dec 31, 2023 | $8.14m |
| Dec 31, 2024 | $3.75m |
| Dec 31, 2025 | $2.12m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/dual-finance
Frequently asked questions
What is Dual Finance's TVL?
As of Oct 30, 2026, Dual Finance has $229,806 in total value locked. TVL has decreased 12.5% over the past 30 days.
What chains does Dual Finance operate on?
Dual Finance operates on Solana. Solana holds the largest share at 100%.
How does Dual Finance's TVL compare to similar protocols?
Among Options protocols tracked by DefiLlama, Dual Finance ranks #18 by TVL. The category holds $210.61m across 74 protocols, and Dual Finance accounts for 0.1% of that total. Similar protocols include PsyOptions, Cega V1, Derive V3 Options, Hegic, Deri V4, Panoptic V2, Ribbon Earn, Opyn Gamma, Hypercall, and SOFA.org.