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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

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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.

Category:Derivatives

Audits:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors

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

DateTVL
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

DateTVL
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

DateTVL
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.