Total Value Locked$623.34m
TVL by Chain
Ethereum$454.05m
Arbitrum$124.41m
Plasma$25.82m
Base$15.72m
Polygon$3.34m
Sui$35.63
Key Metrics
Fees 30d$2.76m
Fees 30d by chain
Ethereum$1.89m
Arbitrum$470,962
Solana$218,389
Plasma$135,660
Base$48,972
Polygon$5,069
Fees 7d$539,802
Ethereum$379,502
Arbitrum$93,721
Solana$34,147
Plasma$23,877
Base$7,488
Polygon$1,067
Fees 24h$105,579
Ethereum$80,939
Arbitrum$15,127
Solana$4,817
Plasma$3,287
Base$1,228
Polygon$181
Cumulative Fees$110.81m
Ethereum$85.7m
Plasma$12.03m
Arbitrum$8.52m
Solana$2.2m
Base$2.06m
Polygon$306,876
Revenue 30d$470,994
Revenue 30d by chain
Solana$218,389
Ethereum$186,152
Arbitrum$47,120
Plasma$13,918
Base$4,907
Polygon$508
Revenue 7d$84,632
Ethereum$37,862
Solana$34,147
Arbitrum$9,375
Plasma$2,390
Base$751
Polygon$107
Revenue 24h$14,888
Ethereum$8,087
Solana$4,817
Arbitrum$1,514
Plasma$329
Base$123
Polygon$18
Cumulative Revenue$12.79m
Ethereum$8.08m
Solana$2.2m
Plasma$1.42m
Arbitrum$852,944
Base$205,924
Polygon$32,791
Holders Revenue 30d$0
Holders Revenue 30d by chain
Arbitrum$0
Base$0
Ethereum$0
Plasma$0
Polygon$0
Solana$0
Holders Revenue 7d$0
Arbitrum$0
Base$0
Ethereum$0
Plasma$0
Polygon$0
Solana$0
Holders Revenue 24h$0
Arbitrum$0
Base$0
Ethereum$0
Plasma$0
Polygon$0
Solana$0
Cumulative Holders Revenue$4.75m
Ethereum$4.75m
Arbitrum$0
Base$0
Plasma$0
Polygon$0
Solana$0
Collateral Liquidated 30d$4.05m
Collateral Liquidated 30d by chain
Ethereum$3.83m
Plasma$98,714
Base$96,578
Arbitrum$19,816
Polygon$1,065
Collateral Liquidated 7d$3.84m
Ethereum$3.68m
Plasma$98,611
Base$44,253
Arbitrum$10,858
Polygon$1.20
Collateral Liquidated 24h$230
Plasma$222
Arbitrum$8.06
Base$0
Ethereum$0
Polygon$0
Cumulative Collateral Liquidated$4.18m
Ethereum$3.95m
Base$102,461
Plasma$98,714
Arbitrum$24,755
Polygon$1,065
Active Loans$637.33m
Methodology
TVL: Counts the tokens locked in the contracts to be used as collateral to borrow or to earn yield. Borrowed coins are not counted towards the TVL, so only the coins actually locked in the contracts are counted. There's multiple reasons behind this but one of the main ones is to avoid inflating the TVL through cycled lending.View code on GitHubFees: Interest paid by borrowers on Fluid + revenue share from JupLendView code on GitHubRevenue: Percentage of interest going to treasuryView code on GitHubHolders Revenue: Token buyback from the treasuryView code on GitHubCollateral Liquidated: Collateral paid out in Fluid vault LogLiquidate events. Smart collateral vaults liquidate DEX shares, so their payout is read from the matching LogWithdrawPerfectColLiquidity event the DEX emits in the same transaction.View code on GitHubYields
Pools Tracked23
Average Supply APY3.77%
User Activity
Active Addresses (24h)1,707
Transactions (24h)6,019
Hacks
Date: May 31, 2026
Amount: $215,000
Classification: Key Compromise
Technique: Private Key Compromised
An attacker compromised operational keys used exclusively by Fluid’s Merkle rewards distribution infrastructure. The attacker used these permissions to submit and approve fraudulent reward allocations, allowing them to claim approximately 125,109 FLUID, 51,946 GHO, and a small amount of cbBTC. The incident was isolated to reward distribution contracts and did not compromise Fluid’s core protocol contracts, lending markets, or user deposits
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Competitors
Fluid Lending history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from Feb 20, 2024 to Nov 12, 2026.
All-time high TVL: $2.367b on Oct 9, 2025. All-time low TVL: $6,958 on Feb 20, 2024.
Daily TVL, Oct 14, 2026 to Nov 12, 2026
| Date | TVL |
|---|---|
| Oct 14, 2026 | $691.82m |
| Oct 15, 2026 | $672.2m |
| Oct 16, 2026 | $677.11m |
| Oct 17, 2026 | $670.07m |
| Oct 18, 2026 | $670.94m |
| Oct 19, 2026 | $669.3m |
| Oct 20, 2026 | $673.26m |
| Oct 21, 2026 | $681.38m |
| Oct 22, 2026 | $681.28m |
| Oct 23, 2026 | $664.26m |
| Oct 24, 2026 | $661.95m |
| Oct 25, 2026 | $659.6m |
| Oct 26, 2026 | $654.3m |
| Oct 27, 2026 | $664.7m |
| Oct 28, 2026 | $670.75m |
| Oct 29, 2026 | $671.95m |
| Oct 30, 2026 | $625.72m |
| Oct 31, 2026 | $607.84m |
| Nov 1, 2026 | $611.78m |
| Nov 2, 2026 | $615.63m |
| Nov 3, 2026 | $612.91m |
| Nov 4, 2026 | $618.44m |
| Nov 5, 2026 | $635.93m |
| Nov 6, 2026 | $611.56m |
| Nov 7, 2026 | $617.89m |
| Nov 8, 2026 | $615.03m |
| Nov 9, 2026 | $602.13m |
| Nov 10, 2026 | $607.85m |
| Nov 11, 2026 | $610.2m |
| Nov 12, 2026 | $624.29m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $733.05m |
| Jan 31, 2025 | $839.1m |
| Feb 28, 2025 | $810.81m |
| Mar 31, 2025 | $723.45m |
| Apr 30, 2025 | $834.33m |
| May 31, 2025 | $981.07m |
| Jun 30, 2025 | $1.036b |
| Jul 31, 2025 | $1.281b |
| Aug 31, 2025 | $1.363b |
| Sep 30, 2025 | $1.9b |
| Oct 31, 2025 | $2.149b |
| Nov 30, 2025 | $1.527b |
| Dec 31, 2025 | $1.518b |
| Jan 31, 2026 | $1.552b |
| Feb 28, 2026 | $1.033b |
| Mar 31, 2026 | $744.02m |
| Apr 30, 2026 | $760.83m |
| May 31, 2026 | $753.68m |
| Jun 30, 2026 | $602.58m |
| Jul 31, 2026 | $658.45m |
| Aug 31, 2026 | $742.77m |
| Sep 30, 2026 | $737.39m |
| Oct 31, 2026 | $607.84m |
| Nov 12, 2026 (latest) | $624.29m |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $733.05m |
| Dec 31, 2025 | $1.518b |
Fees, revenue and holders revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Dec 2024 | $4.06m | $545,194 | $0 |
| Jan 2025 | $3.92m | $430,394 | $0 |
| Feb 2025 | $3.2m | $458,965 | $0 |
| Mar 2025 | $2.49m | $213,864 | $0 |
| Apr 2025 | $1.86m | $176,611 | $0 |
| May 2025 | $2.26m | $227,217 | $0 |
| Jun 2025 | $3.05m | $304,860 | $0 |
| Jul 2025 | $3.79m | $416,236 | $0 |
| Aug 2025 | $5.78m | $514,582 | $0 |
| Sep 2025 | $6.05m | $733,065 | $0 |
| Oct 2025 | $7.71m | $892,571 | $1.65m |
| Nov 2025 | $6.38m | $732,351 | $892,451 |
| Dec 2025 | $5.1m | $654,106 | $669,961 |
| Jan 2026 | $5.08m | $679,576 | $729,271 |
| Feb 2026 | $3.96m | $400,455 | $319,207 |
| Mar 2026 | $2.75m | $386,919 | $484,025 |
| Apr 2026 | $3.34m | $432,684 | $0 |
| May 2026 | $3.22m | $459,005 | $0 |
| Jun 2026 | $3.22m | $434,313 | $0 |
| Jul 2026 | $3.25m | $469,327 | $0 |
| Aug 2026 | $3.41m | $505,263 | $0 |
| Sep 2026 | $3.39m | $514,594 | $0 |
| Oct 2026 | $3.21m | $530,273 | $0 |
| Nov 2026 (to date) | $897,330 | $147,804 | $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/fluid-lending
Frequently asked questions
What is Fluid Lending's TVL?
As of Nov 12, 2026, Fluid Lending has $623.34m in total value locked. TVL has decreased 8.9% over the past 30 days.
What chains does Fluid Lending operate on?
Fluid Lending operates on 7 chains: Ethereum, Arbitrum, Plasma, Base, and Polygon and 2 others. Ethereum holds the largest share at 72.8%.
How much has Fluid Lending generated in fees and revenue?
Over the past 30 days, Fluid Lending generated $2.76m in fees. Of that, $470,994 was protocol revenue. Based on the trailing year, the annualized rate is $44.81m in fees and $6.06m in revenue.
How does Fluid Lending's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Fluid Lending ranks #13 by TVL. The category holds $48.34b across 520 protocols, and Fluid Lending accounts for 1.3% of that total. Similar protocols include Aave V3, OmniBTC, Morpho Blue, Compound V3, Euler V2, Unitus, TermFinance Lend, Folks Finance xChain, Teller, and Impermax V2.
How much has been borrowed through Fluid Lending?
As of Nov 12, 2026, Fluid Lending has $637.33m in active loans.
Has Fluid Lending ever been exploited?
Fluid Lending has 1 recorded security incident. The most recent incident occurred on May 31, 2026 and involved $215,000. It was classified as Key Compromise.