ELFi Protocol
Total Value Locked$1.49m
TVL by Chain
Base$1.33m
Arbitrum$163,096
Key Metrics
Total Raised$5m
May 21, 2024$5mRound: StrategicInvestors: IDG Capital, KuCoin Ventures
Protocol Information
ELFi Protocol stands out in the DeFi space with its innovative ELP liquidity architecture, offering stablecoin yield products with highly competitive rates and high-yield products linked to non-stablecoins. As the first platform to integrate portfolio margining and pooled trading, ELFi enables zero-slippage trading and advanced risk management at the account level.
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubCompetitors
ELFi Protocol history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Sep 19, 2024 to Oct 24, 2026.
All-time high TVL: $19.72m on Oct 8, 2025. All-time low TVL: $152,734 on Oct 4, 2024.
Daily TVL, Sep 25, 2026 to Oct 24, 2026
| Date | TVL |
|---|---|
| Sep 25, 2026 | $1.44m |
| Sep 26, 2026 | $1.43m |
| Sep 27, 2026 | $1.43m |
| Sep 28, 2026 | $1.46m |
| Sep 29, 2026 | $1.51m |
| Sep 30, 2026 | $1.5m |
| Oct 1, 2026 | $1.47m |
| Oct 2, 2026 | $1.37m |
| Oct 3, 2026 | $1.37m |
| Oct 4, 2026 | $1.37m |
| Oct 5, 2026 | $1.36m |
| Oct 6, 2026 | $1.36m |
| Oct 7, 2026 | $1.42m |
| Oct 8, 2026 | $1.44m |
| Oct 9, 2026 | $1.47m |
| Oct 10, 2026 | $1.44m |
| Oct 11, 2026 | $1.35m |
| Oct 12, 2026 | $1.35m |
| Oct 13, 2026 | $1.42m |
| Oct 14, 2026 | $1.42m |
| Oct 15, 2026 | $1.52m |
| Oct 16, 2026 | $1.55m |
| Oct 17, 2026 | $1.54m |
| Oct 18, 2026 | $1.54m |
| Oct 19, 2026 | $1.51m |
| Oct 20, 2026 | $1.5m |
| Oct 21, 2026 | $1.52m |
| Oct 22, 2026 | $1.52m |
| Oct 23, 2026 | $1.58m |
| Oct 24, 2026 | $1.51m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $215,278 |
| Dec 31, 2024 | $192,148 |
| Jan 31, 2025 | $209,400 |
| Feb 28, 2025 | $170,502 |
| Mar 31, 2025 | $162,150 |
| Apr 30, 2025 | $1.45m |
| May 31, 2025 | $3.15m |
| Jun 30, 2025 | $5.82m |
| Jul 31, 2025 | $5.41m |
| Aug 31, 2025 | $5.52m |
| Sep 30, 2025 | $13.32m |
| Oct 31, 2025 | $17.68m |
| Nov 30, 2025 | $10.92m |
| Dec 31, 2025 | $7.96m |
| Jan 31, 2026 | $6.78m |
| Feb 28, 2026 | $5.3m |
| Mar 31, 2026 | $4.11m |
| Apr 30, 2026 | $3.41m |
| May 31, 2026 | $3.39m |
| Jun 30, 2026 | $2.72m |
| Jul 31, 2026 | $1.54m |
| Aug 31, 2026 | $1.52m |
| Sep 30, 2026 | $1.5m |
| Oct 24, 2026 (latest) | $1.51m |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $192,148 |
| Dec 31, 2025 | $7.96m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/elfi-protocol
Frequently asked questions
What is ELFi Protocol's TVL?
As of Oct 24, 2026, ELFi Protocol has $1.49m in total value locked. TVL has increased 1.9% over the past 30 days.
What chains does ELFi Protocol operate on?
ELFi Protocol operates on 2 chains: Base and Arbitrum. Base holds the largest share at 89.1%.
How does ELFi Protocol's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, ELFi Protocol ranks #45 by TVL. The category holds $1.982b across 425 protocols, and ELFi Protocol accounts for 0.1% of that total. Similar protocols include Apex Omni, Aevo Perps, Contango V2, Gains Network, SYMMIO, IPOR Derivatives, Derive V2, Vest Markets, Lynx, and Tristero Margin.