Total Value Locked$59.73m
TVL by Chain
Hyperliquid L1$59.73m
Ethereum$15
Key Metrics
Fees 30d$127,011
Fees 30d by chain
Hyperliquid L1$127,011
Fees 7d$21,996
Hyperliquid L1$21,996
Fees 24h$3,021
Hyperliquid L1$3,021
Cumulative Fees$16.55m
Hyperliquid L1$16.55m
Revenue 30d$8,698
Revenue 30d by chain
Hyperliquid L1$8,698
Revenue 7d$1,303
Hyperliquid L1$1,303
Revenue 24h$168
Hyperliquid L1$168
Cumulative Revenue$1.07m
Hyperliquid L1$1.07m
Cumulative Perp Volume$3.54b
Cumulative Perp Volume by chain
Hyperliquid L1$3.54b
Collateral Liquidated 30d$0
Collateral Liquidated 30d by chain
Hyperliquid L1$0
Collateral Liquidated 7d$0
Hyperliquid L1$0
Collateral Liquidated 24h$0
Hyperliquid L1$0
Cumulative Collateral Liquidated$0
Hyperliquid L1$0
Open Interest$0
Protocol Information
Borrow against blue-chip collateral and earn native yield with the Felix stablecoin, feUSD
- Felix VaultsOnchain Capital Allocator
- Felix CDPCDP
- Felix USDhlYield
- Felix PerpsInterface
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
Perp Volume: Notional volume of all trades including leverage on the perp exchange
Collateral Liquidated: USD value of collateral seized during protocol liquidations
Yields
Pools Tracked4
Average Supply APY4.73%
Felix history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Feb 19, 2025 to Oct 20, 2026.
All-time high TVL: $552.4m on Oct 7, 2025. All-time low TVL: $28.62m on Feb 25, 2025.
Daily TVL, Sep 21, 2026 to Oct 20, 2026
| Date | TVL |
|---|---|
| Sep 21, 2026 | $84.74m |
| Sep 22, 2026 | $84.38m |
| Sep 23, 2026 | $83.69m |
| Sep 24, 2026 | $83.04m |
| Sep 25, 2026 | $77.76m |
| Sep 26, 2026 | $79.31m |
| Sep 27, 2026 | $77.76m |
| Sep 28, 2026 | $76.95m |
| Sep 29, 2026 | $72.88m |
| Sep 30, 2026 | $72.24m |
| Oct 1, 2026 | $75.75m |
| Oct 2, 2026 | $74.73m |
| Oct 3, 2026 | $75.44m |
| Oct 4, 2026 | $75.08m |
| Oct 5, 2026 | $75.43m |
| Oct 6, 2026 | $77.48m |
| Oct 7, 2026 | $71.22m |
| Oct 8, 2026 | $70.47m |
| Oct 9, 2026 | $66.46m |
| Oct 10, 2026 | $65.98m |
| Oct 11, 2026 | $68.73m |
| Oct 12, 2026 | $68.28m |
| Oct 13, 2026 | $64.84m |
| Oct 14, 2026 | $65.35m |
| Oct 15, 2026 | $64.7m |
| Oct 16, 2026 | $65.16m |
| Oct 17, 2026 | $64.06m |
| Oct 18, 2026 | $60.1m |
| Oct 19, 2026 | $60.17m |
| Oct 20, 2026 | $60.04m |
TVL at each month end, Feb 2025 to Oct 2026
| Date | TVL |
|---|---|
| Feb 28, 2025 | $28.73m |
| Mar 31, 2025 | $28.76m |
| Apr 30, 2025 | $214.67m |
| May 31, 2025 | $233.58m |
| Jun 30, 2025 | $316.7m |
| Jul 31, 2025 | $401.84m |
| Aug 31, 2025 | $397.28m |
| Sep 30, 2025 | $447.89m |
| Oct 31, 2025 | $351.42m |
| Nov 30, 2025 | $274.03m |
| Dec 31, 2025 | $197.13m |
| Jan 31, 2026 | $170.74m |
| Feb 28, 2026 | $138.94m |
| Mar 31, 2026 | $166.58m |
| Apr 30, 2026 | $139.35m |
| May 31, 2026 | $147.08m |
| Jun 30, 2026 | $108.7m |
| Jul 31, 2026 | $102.79m |
| Aug 31, 2026 | $116.09m |
| Sep 30, 2026 | $72.24m |
| Oct 20, 2026 (latest) | $60.04m |
Fees and revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Nov 2024 | $5 | $1 |
| Dec 2024 | $14 | $0 |
| Jan 2025 | $10 | $0 |
| Feb 2025 | $8 | $0 |
| Mar 2025 | $1,088 | $0 |
| Apr 2025 | $251,383 | $0 |
| May 2025 | $1.06m | $0 |
| Jun 2025 | $1.27m | $0 |
| Jul 2025 | $1.92m | $0 |
| Aug 2025 | $2.27m | $101,236 |
| Sep 2025 | $2.35m | $143,382 |
| Oct 2025 | $1.61m | $63,570 |
| Nov 2025 | $1.25m | $95,740 |
| Dec 2025 | $798,320 | $100,682 |
| Jan 2026 | $771,725 | $225,683 |
| Feb 2026 | $479,933 | $85,985 |
| Mar 2026 | $450,666 | $68,890 |
| Apr 2026 | $412,253 | $44,224 |
| May 2026 | $376,110 | $37,302 |
| Jun 2026 | $254,668 | $19,065 |
| Jul 2026 | $327,698 | $27,112 |
| Aug 2026 | $403,467 | $34,123 |
| Sep 2026 | $221,266 | $17,416 |
| Oct 2026 (to date) | $67,800 | $4,116 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/felix
Frequently asked questions
What is Felix's TVL?
As of Oct 20, 2026, Felix has $59.73m in total value locked. TVL has decreased 34% over the past 30 days.
What chains does Felix operate on?
Felix operates on 2 chains: Hyperliquid L1 and Ethereum. Hyperliquid L1 holds the largest share at 100%.
How much has Felix generated in fees and revenue?
Over the past 30 days, Felix generated $127,011 in fees. Of that, $8,698 was protocol revenue. Based on the trailing year, the annualized rate is $6.34m in fees and $776,791 in revenue.
Which protocols are included in Felix?
Felix is a parent protocol whose tracked products include Felix Vaults, Felix CDP, Felix USDhl, and Felix Perps.
What is Felix's open interest?
Felix currently has $0 in open interest.

