Protocol Information
Excellar offers institutions and enterprises yield on stablecoins and major cryptocurrencies via delta-neutral strategies. It provides APIs to purchase, redeem, and manage USDXLR and other products. Using a segregated account structure, Excellar ensures transparent asset segregation and regulatory compliance. Its products are not available in the US and other restricted jurisdictions
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubCompetitors
Excellar history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Apr 24, 2025 to Oct 27, 2026.
All-time high TVL: $404,178 on Oct 24, 2026. All-time low TVL: $14,684 on Oct 17, 2025.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $184,188 |
| Sep 29, 2026 | $184,188 |
| Sep 30, 2026 | $184,188 |
| Oct 1, 2026 | $184,188 |
| Oct 2, 2026 | $184,188 |
| Oct 3, 2026 | $184,188 |
| Oct 4, 2026 | $184,188 |
| Oct 5, 2026 | $184,188 |
| Oct 6, 2026 | $184,188 |
| Oct 7, 2026 | $184,188 |
| Oct 8, 2026 | $184,188 |
| Oct 9, 2026 | $184,188 |
| Oct 10, 2026 | $184,188 |
| Oct 11, 2026 | $184,188 |
| Oct 12, 2026 | $184,188 |
| Oct 13, 2026 | $184,188 |
| Oct 14, 2026 | $184,188 |
| Oct 15, 2026 | $184,188 |
| Oct 16, 2026 | $184,188 |
| Oct 17, 2026 | $184,188 |
| Oct 18, 2026 | $184,188 |
| Oct 19, 2026 | $184,188 |
| Oct 20, 2026 | $184,188 |
| Oct 21, 2026 | $184,188 |
| Oct 22, 2026 | $184,188 |
| Oct 23, 2026 | $349,178 |
| Oct 24, 2026 | $404,178 |
| Oct 25, 2026 | $404,178 |
| Oct 26, 2026 | $404,178 |
| Oct 27, 2026 | $404,178 |
TVL at each month end, Apr 2025 to Oct 2026
| Date | TVL |
|---|---|
| Apr 30, 2025 | $37,614 |
| May 31, 2025 | $28,614 |
| Jun 30, 2025 | $37,314 |
| Jul 31, 2025 | $33,024 |
| Aug 31, 2025 | $18,424 |
| Sep 30, 2025 | $27,484 |
| Oct 31, 2025 | $18,284 |
| Nov 30, 2025 | $18,384 |
| Dec 31, 2025 | $212,073 |
| Jan 31, 2026 | $204,053 |
| Feb 28, 2026 | $194,685 |
| Mar 31, 2026 | $194,685 |
| Apr 30, 2026 | $194,685 |
| May 31, 2026 | $194,685 |
| Jun 30, 2026 | $194,688 |
| Jul 31, 2026 | $184,188 |
| Aug 31, 2026 | $184,188 |
| Sep 30, 2026 | $184,188 |
| Oct 27, 2026 (latest) | $404,178 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/excellar
Frequently asked questions
What is Excellar's TVL?
As of Oct 27, 2026, Excellar has $404,179 in total value locked. TVL has increased 119.4% over the past 30 days.
What chains does Excellar operate on?
Excellar operates on Stellar. Stellar holds the largest share at 100%.
How does Excellar's TVL compare to similar protocols?
Among Basis Trading protocols tracked by DefiLlama, Excellar ranks #29 by TVL. The category holds $7.568b across 41 protocols, and Excellar accounts for <0.1% of that total. Similar protocols include Ethena USDe, Falcon Finance, BitFi Basis, Solv Basis Trading, Solstice, Aster USDF, Tori Finance, Axis, ZEROBASE CeDeFi, and Unitas USDu.