Ethos Reserve(OATH)
Total Value Locked$234,619
TVL by Chain
OP Mainnet$234,619
Protocol Information
Ethos Reserve is a decentralized borrowing protocol that allows users to take out 0% interest loans against Bitcoin, Ethereum, or Optimism collateral via the Ethos Reserve Note (ERN). A portion of deposited assets are utilized via private vaults to generate delta neutral yield that is used to create a self-sustaining yield flywheel for the protocol.
Audits:
Methodology
TVL: TVL is fetched from the Ethos Reserve subgraph and the Byte Masons token price api.View code on GitHubCompetitors
Ethos Reserve history
TVL is the default DefiLlama definition, which excludes Pool2. Daily values are UTC snapshots from Mar 30, 2023 to Oct 23, 2026.
All-time high TVL: $10.34m on Nov 11, 2023. All-time low TVL: $332 on Mar 30, 2023.
Daily TVL, Sep 24, 2026 to Oct 23, 2026
| Date | TVL |
|---|---|
| Sep 24, 2026 | $250,135 |
| Sep 25, 2026 | $250,578 |
| Sep 26, 2026 | $249,268 |
| Sep 27, 2026 | $249,778 |
| Sep 28, 2026 | $249,786 |
| Sep 29, 2026 | $247,610 |
| Sep 30, 2026 | $247,280 |
| Oct 1, 2026 | $248,104 |
| Oct 2, 2026 | $251,174 |
| Oct 3, 2026 | $249,933 |
| Oct 4, 2026 | $250,900 |
| Oct 5, 2026 | $255,597 |
| Oct 6, 2026 | $253,941 |
| Oct 7, 2026 | $252,716 |
| Oct 8, 2026 | $245,043 |
| Oct 9, 2026 | $239,369 |
| Oct 10, 2026 | $241,632 |
| Oct 11, 2026 | $242,968 |
| Oct 12, 2026 | $245,231 |
| Oct 13, 2026 | $237,925 |
| Oct 14, 2026 | $244,066 |
| Oct 15, 2026 | $238,001 |
| Oct 16, 2026 | $239,986 |
| Oct 17, 2026 | $237,612 |
| Oct 18, 2026 | $236,468 |
| Oct 19, 2026 | $238,956 |
| Oct 20, 2026 | $235,671 |
| Oct 21, 2026 | $239,731 |
| Oct 22, 2026 | $243,177 |
| Oct 23, 2026 | $235,151 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $1.47m |
| Dec 31, 2024 | $1.3m |
| Jan 31, 2025 | $913,246 |
| Feb 28, 2025 | $724,960 |
| Mar 31, 2025 | $431,387 |
| Apr 30, 2025 | $452,369 |
| May 31, 2025 | $510,485 |
| Jun 30, 2025 | $488,463 |
| Jul 31, 2025 | $568,980 |
| Aug 31, 2025 | $538,856 |
| Sep 30, 2025 | $352,026 |
| Oct 31, 2025 | $334,838 |
| Nov 30, 2025 | $270,173 |
| Dec 31, 2025 | $258,770 |
| Jan 31, 2026 | $237,430 |
| Feb 28, 2026 | $200,184 |
| Mar 31, 2026 | $201,997 |
| Apr 30, 2026 | $229,000 |
| May 31, 2026 | $217,121 |
| Jun 30, 2026 | $173,488 |
| Jul 31, 2026 | $188,573 |
| Aug 31, 2026 | $230,169 |
| Sep 30, 2026 | $247,280 |
| Oct 23, 2026 (latest) | $235,151 |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $7.85m |
| Dec 31, 2024 | $1.3m |
| Dec 31, 2025 | $258,770 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/ethos-reserve
Frequently asked questions
What is Ethos Reserve's TVL?
As of Oct 23, 2026, Ethos Reserve has $234,619 in total value locked. TVL has decreased 8.1% over the past 30 days.
What chains does Ethos Reserve operate on?
Ethos Reserve operates on OP Mainnet. OP Mainnet holds the largest share at 100%.
How does Ethos Reserve's TVL compare to similar protocols?
Among CDP protocols tracked by DefiLlama, Ethos Reserve ranks #69 by TVL. The category holds $7.766b across 200 protocols, and Ethos Reserve accounts for <0.1% of that total. Similar protocols include Reservoir Protocol, Abracadabra Spell, QiDao, Angle, Interest Protocol, Lets Get HAI, Gravita Protocol, Davos Protocol, Deaderal Reserve Protocol, and Sky Lending.