Ask about Dunes · freeDunes
Total Value Locked$4,235
TVL by Chain
Ethereum$4,235
Protocol Information
dETH is a Liquid Restaking Token (LRT) issued by Dunes.fi designed to provide liquidity for otherwise illiquid assets deposited into restaking platforms, such as Karak Network. It aims to maximize capital efficiency and mitigate the risks and challenges inherent in the restaking ecosystem
Methodology
TVL: Deposited assets (LSTs, LRTs, stables, Pendle tokens, Karak tokens, etc.) in deposit poolsView code on GitHubCompetitors
Dunes history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jun 3, 2024 to Oct 27, 2026.
All-time high TVL: $8,041 on Aug 23, 2025. All-time low TVL: $1,942 on Jun 4, 2024.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $4,763 |
| Sep 29, 2026 | $4,768 |
| Sep 30, 2026 | $4,789 |
| Oct 1, 2026 | $4,831 |
| Oct 2, 2026 | $4,858 |
| Oct 3, 2026 | $4,809 |
| Oct 4, 2026 | $4,821 |
| Oct 5, 2026 | $4,879 |
| Oct 6, 2026 | $4,852 |
| Oct 7, 2026 | $4,839 |
| Oct 8, 2026 | $4,625 |
| Oct 9, 2026 | $4,493 |
| Oct 10, 2026 | $4,492 |
| Oct 11, 2026 | $4,529 |
| Oct 12, 2026 | $4,588 |
| Oct 13, 2026 | $4,487 |
| Oct 14, 2026 | $4,520 |
| Oct 15, 2026 | $4,387 |
| Oct 16, 2026 | $4,413 |
| Oct 17, 2026 | $4,385 |
| Oct 18, 2026 | $4,368 |
| Oct 19, 2026 | $4,371 |
| Oct 20, 2026 | $4,371 |
| Oct 21, 2026 | $4,428 |
| Oct 22, 2026 | $4,456 |
| Oct 23, 2026 | $4,413 |
| Oct 24, 2026 | $4,360 |
| Oct 25, 2026 | $4,329 |
| Oct 26, 2026 | $4,234 |
| Oct 27, 2026 | $4,255 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $6,009 |
| Dec 31, 2024 | $5,619 |
| Jan 31, 2025 | $5,509 |
| Feb 28, 2025 | $3,889 |
| Mar 31, 2025 | $3,239 |
| Apr 30, 2025 | $3,264 |
| May 31, 2025 | $4,386 |
| Jun 30, 2025 | $4,387 |
| Jul 31, 2025 | $6,520 |
| Aug 31, 2025 | $7,369 |
| Sep 30, 2025 | $7,122 |
| Oct 31, 2025 | $6,548 |
| Nov 30, 2025 | $5,199 |
| Dec 31, 2025 | $5,207 |
| Jan 31, 2026 | $4,782 |
| Feb 28, 2026 | $3,524 |
| Mar 31, 2026 | $3,770 |
| Apr 30, 2026 | $4,041 |
| May 31, 2026 | $3,695 |
| Jun 30, 2026 | $3,044 |
| Jul 31, 2026 | $3,525 |
| Aug 31, 2026 | $4,387 |
| Sep 30, 2026 | $4,789 |
| Oct 27, 2026 (latest) | $4,255 |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $5,619 |
| Dec 31, 2025 | $5,207 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/dunes
Frequently asked questions
What is Dunes' TVL?
As of Oct 27, 2026, Dunes has $4,235 in total value locked. TVL has decreased 12.2% over the past 30 days.
What chains does Dunes operate on?
Dunes operates on Ethereum. Ethereum holds the largest share at 100%.
How does Dunes' TVL compare to similar protocols?
Among Liquid Restaking protocols tracked by DefiLlama, Dunes ranks #24 by TVL. The category holds $1.177b across 27 protocols, and Dunes accounts for <0.1% of that total. Similar protocols include Kelp, Renzo, Mantle Restaking, Swell Liquid Restaking, Puffer Stake, Bedrock uniETH, Mellow Restaking, InceptionLRT (Isolated Restaking), Eigenpie, and King Protocol.