Total Value Locked$872,971
TVL by Chain
Ethereum$872,971
Key Metrics
Fees 30d$1.1m
Fees 30d by chain
Ethereum$1.11m
Fees 7d$18,134
Ethereum$22,951
Fees 24h-$4,610
Ethereum$0
Cumulative Fees$6.2m
Ethereum$6.2m
Revenue 30d$200,794
Revenue 30d by chain
Ethereum$200,794
Revenue 7d$3,479
Ethereum$3,479
Revenue 24h$1,197
Ethereum$1,197
Cumulative Revenue$760,453
Ethereum$760,453
Holders Revenue 30d$160,263
Holders Revenue 30d by chain
Ethereum$160,263
Holders Revenue 7d$2,762
Ethereum$2,762
Holders Revenue 24h$910
Ethereum$910
Cumulative Holders Revenue$702,848
Ethereum$702,848
DEX Volume 30d$2.62m
DEX Volume 30d by chain
Ethereum$2.62m
DEX Volume 7d$50,025
Ethereum$50,025
DEX Volume 24h$19,302
Ethereum$19,302
Cumulative DEX Volume$10.52m
Ethereum$10.52m
Protocol Information
Fake World Assets V2 is a randomized NFT marketplace on Ethereum where depositors list NFTs with ETH backing and buyers choose between the drawn NFT and its backing.
Methodology
TVL: Counts the ETH and NFTs held by the FWA V2 main pool, every FWAIR launch campaign and every custom pool created by the pool factory. ETH is depositors' backing plus pending acquisition payments; NFTs are valued at their DefiLlama price, and collections without one count as zero. Collections are read from the main pool's whitelist events and the custom pools' listing events. The Punk lister's idle strategy capital, the rewards and buyback contracts, the fee splitter and FWA tokens are excluded.View code on GitHubFees: Acquisition fees net of quick-sell payouts, plus settlement fees, retained penalties and early crown exit fees.View code on GitHubRevenue: Protocol's cut of fees after builder rewards, kept by the team or spent on burned FWA.View code on GitHubHolders Revenue: FWA bought back with protocol fees and burned.View code on GitHubDEX Volume: ETH paid by purchasers for pulls.View code on GitHubCompetitors
Fake World Assets V2 history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Sep 14, 2026 to Nov 9, 2026.
All-time high TVL: $3.11m on Oct 2, 2026. All-time low TVL: $129,646 on Sep 14, 2026.
Daily TVL, Oct 11, 2026 to Nov 9, 2026
| Date | TVL |
|---|---|
| Oct 11, 2026 | $2.01m |
| Oct 12, 2026 | $1.91m |
| Oct 13, 2026 | $1.82m |
| Oct 14, 2026 | $1.84m |
| Oct 15, 2026 | $1.79m |
| Oct 16, 2026 | $1.77m |
| Oct 17, 2026 | $1.64m |
| Oct 18, 2026 | $1.66m |
| Oct 19, 2026 | $1.58m |
| Oct 20, 2026 | $1.65m |
| Oct 21, 2026 | $1.65m |
| Oct 22, 2026 | $1.63m |
| Oct 23, 2026 | $1.57m |
| Oct 24, 2026 | $1.5m |
| Oct 25, 2026 | $1.48m |
| Oct 26, 2026 | $1.4m |
| Oct 27, 2026 | $1.35m |
| Oct 28, 2026 | $1.43m |
| Oct 29, 2026 | $1.42m |
| Oct 30, 2026 | $1.31m |
| Oct 31, 2026 | $1.15m |
| Nov 1, 2026 | $1.12m |
| Nov 2, 2026 | $1.06m |
| Nov 3, 2026 | $1.06m |
| Nov 4, 2026 | $963,857 |
| Nov 5, 2026 | $1.09m |
| Nov 6, 2026 | $996,458 |
| Nov 7, 2026 | $986,220 |
| Nov 8, 2026 | $992,126 |
| Nov 9, 2026 | $904,173 |
TVL at each month end, Sep 2026 to Nov 2026
| Date | TVL |
|---|---|
| Sep 30, 2026 | $2.09m |
| Oct 31, 2026 | $1.15m |
| Nov 9, 2026 (latest) | $904,173 |
Fees, revenue and holders revenue by UTC calendar month, Sep 2026 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Sep 2026 | $3.44m | $206,392 | $206,822 |
| Oct 2026 | $2.73m | $548,725 | $491,820 |
| Nov 2026 (to date) | $29,674 | $5,336 | $4,206 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/fake-world-assets-v2
Frequently asked questions
What is Fake World Assets V2's TVL?
As of Nov 9, 2026, Fake World Assets V2 has $872,971 in total value locked. TVL has decreased 54.8% over the past 30 days.
What chains does Fake World Assets V2 operate on?
Fake World Assets V2 operates on Ethereum. Ethereum holds the largest share at 100%.
How much has Fake World Assets V2 generated in fees and revenue?
Over the past 30 days, Fake World Assets V2 generated $1.1m in fees. Of that, $200,794 was protocol revenue. Based on the trailing year, the annualized rate is $41.13m in fees and $5.05m in revenue.
How does Fake World Assets V2's TVL compare to similar protocols?
Among Luck Games protocols tracked by DefiLlama, Fake World Assets V2 ranks #3 by TVL. The category holds $4.31m across 44 protocols, and Fake World Assets V2 accounts for 20.3% of that total. Similar protocols include EtherFlip, Fake World Assets V1, CoinLotto, Sunrise Gaming, TG Casino, Ape Church, B-Lucky, Suigar, MegaMoon, and DoubleUp.
How much trading volume does Fake World Assets V2 process?
Fake World Assets V2 processed $2.62m in DEX volume over the past 30 days.