Ask about Fence Finance · freeTotal Value Locked$1,244
TVL by Chain
Ethereum$1,244
Key Metrics
Fees 30d$0
Fees 30d by chain
Ethereum$0
Fees 7d$0
Ethereum$0
Fees 24h$0
Ethereum$0
Cumulative Fees$10,131
Ethereum$10,131
Revenue 30d$0
Revenue 30d by chain
Ethereum$0
Revenue 7d$0
Ethereum$0
Revenue 24h$0
Ethereum$0
Cumulative Revenue$1,008
Ethereum$1,008
Total Raised$20m
Apr 29, 2026$20mRound: Investors: Galaxy Digital, ParaFi Capital, Crane Ventures Partners
Protocol Information
Building internet-native debt capital markets..
Methodology
TVL: Count all assets are deposited in all vaults curated by Fence.View code on GitHubFees: Total yields from deposited assets in all curated vaults.View code on GitHubRevenue: Yields are collected by curators.View code on GitHubHacks
Date: Oct 27, 2026
Amount: $1.01m
Classification: Token & Share Accounting
Technique: Incorrect Share Accounting
An attacker exploited a tranche vault associated with Fence Finance and Valinor Digital by using a flash loan to obtain an inflated allocation of vault shares. The attacker subsequently redeemed those shares to withdraw approximately $1.01 million in USDC from the vault
Chains: Avalanche
Language: Solidity
Target Type: DeFi Protocol
Competitors
Fence Finance history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Apr 9, 2024 to Nov 6, 2026.
All-time high TVL: $77,832 on Apr 21, 2024. All-time low TVL: $1,185 on Jan 12, 2025.
Daily TVL, Oct 8, 2026 to Nov 6, 2026
| Date | TVL |
|---|---|
| Oct 8, 2026 | $1,245 |
| Oct 9, 2026 | $1,243 |
| Oct 10, 2026 | $1,245 |
| Oct 11, 2026 | $1,244 |
| Oct 12, 2026 | $1,244 |
| Oct 13, 2026 | $1,241 |
| Oct 14, 2026 | $1,244 |
| Oct 15, 2026 | $1,243 |
| Oct 16, 2026 | $1,245 |
| Oct 17, 2026 | $1,248 |
| Oct 18, 2026 | $1,249 |
| Oct 19, 2026 | $1,246 |
| Oct 20, 2026 | $1,246 |
| Oct 21, 2026 | $1,247 |
| Oct 22, 2026 | $1,249 |
| Oct 23, 2026 | $1,247 |
| Oct 24, 2026 | $1,245 |
| Oct 25, 2026 | $1,241 |
| Oct 26, 2026 | $1,244 |
| Oct 27, 2026 | $1,243 |
| Oct 28, 2026 | $1,237 |
| Oct 29, 2026 | $1,237 |
| Oct 30, 2026 | $1,243 |
| Oct 31, 2026 | $1,240 |
| Nov 1, 2026 | $1,242 |
| Nov 2, 2026 | $1,239 |
| Nov 3, 2026 | $1,243 |
| Nov 4, 2026 | $1,245 |
| Nov 5, 2026 | $1,249 |
| Nov 6, 2026 | $1,248 |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $1,214 |
| Jan 31, 2025 | $1,212 |
| Feb 28, 2025 | $1,211 |
| Mar 31, 2025 | $1,256 |
| Apr 30, 2025 | $1,326 |
| May 31, 2025 | $1,326 |
| Jun 30, 2025 | $1,361 |
| Jul 31, 2025 | $1,326 |
| Aug 31, 2025 | $1,361 |
| Sep 30, 2025 | $1,372 |
| Oct 31, 2025 | $1,344 |
| Nov 30, 2025 | $1,348 |
| Dec 31, 2025 | $1,366 |
| Jan 31, 2026 | $1,384 |
| Feb 28, 2026 | $1,373 |
| Mar 31, 2026 | $1,336 |
| Apr 30, 2026 | $1,358 |
| May 31, 2026 | $1,356 |
| Jun 30, 2026 | $1,328 |
| Jul 31, 2026 | $1,340 |
| Aug 31, 2026 | $1,346 |
| Sep 30, 2026 | $1,319 |
| Oct 31, 2026 | $1,240 |
| Nov 6, 2026 (latest) | $1,248 |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $1,214 |
| Dec 31, 2025 | $1,366 |
Fees and revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue |
|---|---|---|
| Dec 2024 | $0 | $0 |
| Jan 2025 | $0 | $0 |
| Feb 2025 | $0 | $0 |
| Mar 2025 | $0 | $0 |
| Apr 2025 | $0 | $0 |
| May 2025 | $0 | $0 |
| Jun 2025 | $0 | $0 |
| Jul 2025 | $0 | $0 |
| Aug 2025 | $0 | $0 |
| Sep 2025 | $0 | $0 |
| Oct 2025 | $0 | $0 |
| Nov 2025 | $0 | $0 |
| Dec 2025 | $0 | $0 |
| Jan 2026 | $0 | $0 |
| Feb 2026 | $0 | $0 |
| Mar 2026 | $0 | $0 |
| Apr 2026 | $0 | $0 |
| May 2026 | $0 | $0 |
| Jun 2026 | $0 | $0 |
| Jul 2026 | $0 | $0 |
| Aug 2026 | $0 | $0 |
| Sep 2026 | $0 | $0 |
| Oct 2026 | $0 | $0 |
| Nov 2026 (to date) | $0 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/fence-finance
Frequently asked questions
What is Fence Finance's TVL?
As of Nov 6, 2026, Fence Finance has $1,244 in total value locked. TVL has decreased 0.4% over the past 30 days.
What chains does Fence Finance operate on?
Fence Finance operates on Ethereum. Ethereum holds the largest share at 100%.
How much has Fence Finance generated in fees and revenue?
Over the past 30 days, Fence Finance generated $0 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $0 in fees and $0 in revenue.
How does Fence Finance's TVL compare to similar protocols?
Among Risk Curators protocols tracked by DefiLlama, Fence Finance ranks #86 by TVL. The category holds $9.673b across 99 protocols, and Fence Finance accounts for <0.1% of that total. Similar protocols include Steakhouse Financial, Sentora Curator, Gauntlet, Nonce Capital, RockawayX, Hyperithm, K3 Capital, KPK, Clearstar, and Galaxy Curation.
Has Fence Finance ever been exploited?
Fence Finance has 1 recorded security incident. The most recent incident occurred on Oct 27, 2026 and involved $1.01m. It was classified as Token & Share Accounting.