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Gamma(GAMMA)

Total Value Locked$2.6m

TVL by Chain

Ethereum$837,983

BSC$533,315

Polygon$331,441

Arbitrum$285,176

Gnosis$232,548

Linea$155,589

Base$83,697

OP Mainnet$47,584

Metis$36,520

Unichain$18,871

Zircuit$18,313

Sonic$6,761

BOB$5,749

Mantle$2,784

Scroll$2,707

Manta$2,176

Immutable zkEVM$877.57

IOTA EVM$408.76

Rollux$406.92

Avalanche$276.36

Celo$176.42

Berachain$107.06

Taiko$100.98

World Chain$83.15

Hemi$39.51

ApeChain$12.62

Rootstock$5.05

X Layer$3.42

Mode$3.21

CORE$2.60

Fantom$0.011

opBNB$0.0037

Polygon zkEVM$0

Moonbeam$0

Kava$0

Blast$0

Key Metrics

Fees 30d$40,478
Fees 30d by chain

Polygon$18,692

Arbitrum$8,404

Ethereum$4,750

Metis$2,707

Sonic$1,801

OP Mainnet$1,161

Base$1,120

Linea$1,039

Zircuit$672.22

Manta$66.91

BOB$54.02

Sei$9.04

Mantle$3.40

ApeChain$0

Avalanche$0

Blast$0

BSC$0

Celo$0

CORE$0

Fantom$0

Gnosis$0

Immutable zkEVM$0

IOTA EVM$0

Kava$0

Mode$0

opBNB$0

Rollux$0

Rootstock$0

Scroll$0

Taiko$0

World Chain$0

X Layer$0

Fees 7d$5,475

Polygon$2,554

Arbitrum$1,916

Sonic$335

Metis$218.78

Linea$172.72

OP Mainnet$134.11

Zircuit$86.02

Base$28.41

Manta$17.29

BOB$8.06

Ethereum$2.98

Sei$1.90

Mantle$0.68

ApeChain$0

Avalanche$0

BSC$0

Celo$0

CORE$0

Fantom$0

Gnosis$0

Immutable zkEVM$0

IOTA EVM$0

Kava$0

Mode$0

opBNB$0

Rollux$0

Rootstock$0

Scroll$0

Taiko$0

World Chain$0

X Layer$0

Fees 24h$696

Arbitrum$307

Polygon$230

Sonic$89

OP Mainnet$36

Base$18

Linea$14

Metis$1.85

Manta$0.31

BOB$0.19

Sei$0.08

ApeChain$0

Avalanche$0

BSC$0

Celo$0

CORE$0

Ethereum$0

Fantom$0

Gnosis$0

Immutable zkEVM$0

IOTA EVM$0

Kava$0

Mantle$0

Mode$0

opBNB$0

Rollux$0

Rootstock$0

Scroll$0

Taiko$0

World Chain$0

X Layer$0

Zircuit$0

Cumulative Fees$58.17m

BSC$15.11m

Polygon$14.32m

Arbitrum$14.26m

OP Mainnet$4.47m

Linea$3.85m

Metis$2.03m

Ethereum$677,816

Sei$502,256

Sonic$486,565

Base$392,268

Polygon zkEVM$330,824

Avalanche$267,424

IOTA EVM$263,869

Zircuit$256,470

Moonbeam$253,245

Manta$192,715

Immutable zkEVM$119,894

Mantle$119,001

Gnosis$95,238

BOB$43,725

Scroll$34,225

Blast$32,788

Rollux$23,893

Taiko$15,137

Mode$10,663

Rootstock$9,513

Celo$7,836

CORE$396

ApeChain$71

Astar zkEVM$33

X Layer$0.11

Fantom$0

Kava$0

opBNB$0

World Chain$0

Revenue 30d$1,174
Revenue 30d by chain

Polygon$351.78

Ethereum$332.52

Arbitrum$253.16

Metis$97.22

Sonic$47.22

OP Mainnet$37.17

Linea$30.04

Base$14.71

Manta$6.33

BOB$1.93

Zircuit$1.07

Sei$0.69

Mantle$0.04

ApeChain$0

Avalanche$0

Blast$0

BSC$0

Celo$0

CORE$0

Fantom$0

Gnosis$0

Immutable zkEVM$0

IOTA EVM$0

Kava$0

Mode$0

opBNB$0

Rollux$0

Rootstock$0

Scroll$0

Taiko$0

World Chain$0

X Layer$0

Revenue 7d$138.52

Arbitrum$61.62

Polygon$36.19

Sonic$17.25

Linea$12.63

OP Mainnet$6.07

Metis$2.30

Base$1.64

Ethereum$0.49

Manta$0.17

Sei$0.14

ApeChain$0

Avalanche$0

BOB$0

BSC$0

Celo$0

CORE$0

Fantom$0

Gnosis$0

Immutable zkEVM$0

IOTA EVM$0

Kava$0

Mantle$0

Mode$0

opBNB$0

Rollux$0

Rootstock$0

Scroll$0

Taiko$0

World Chain$0

X Layer$0

Zircuit$0

Revenue 24h$23.03

Arbitrum$13

Polygon$8.69

Base$0.94

OP Mainnet$0.38

Sonic$0.02

ApeChain$0

Avalanche$0

BOB$0

BSC$0

Celo$0

CORE$0

Ethereum$0

Fantom$0

Gnosis$0

Immutable zkEVM$0

IOTA EVM$0

Kava$0

Linea$0

Manta$0

Mantle$0

Metis$0

Mode$0

opBNB$0

Rollux$0

Rootstock$0

Scroll$0

Sei$0

Taiko$0

World Chain$0

X Layer$0

Zircuit$0

Cumulative Revenue$7.06m

Arbitrum$2.01m

Polygon$1.71m

BSC$910,717

OP Mainnet$797,363

Linea$702,190

Metis$344,837

Ethereum$132,360

Sonic$89,898

Base$67,772

Zircuit$50,344

Moonbeam$45,249

Polygon zkEVM$37,623

Avalanche$32,477

Mantle$24,000

IOTA EVM$22,053

Gnosis$19,292

Manta$17,473

Immutable zkEVM$10,907

Sei$7,087

Scroll$6,920

BOB$5,626

Rollux$4,993

Blast$4,657

Taiko$3,040

Rootstock$1,900

Mode$1,852

Celo$1,279

CORE$44

ApeChain$3

Astar zkEVM$1

Fantom$0

Kava$0

opBNB$0

World Chain$0

X Layer$0

Market Cap$49,822

$GAMMA Price$0.00069

All Time High$2.74

All Time Low$0.000088

View $GAMMA token page

Fully Diluted Valuation$68,634

$GAMMA Volume 24h$3.51

CEX Volume$0

DEX Volume$3.51(100% of total)

Staked$30,041(60.3% of mcap)

Protocol Information

A protocol for active liquidity management and market-making strategies. Gamma offers non-custodial, automated, and active concentrated liquidity management services.

WebsiteGitHubX/Twitter
Category:Liquidity Manager

Audits:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: All yields are generated from liquidity providers.View code on GitHubRevenue: All yields are distributed to Gamma Protocol.View code on GitHub

Yields

Pools Tracked9

Average Supply APY3.3%

Hacks

Date: Dec 21, 2021

Amount: $4.5m

Classification: Token & Share Accounting

Technique: Arithmetic Error

Gamma Strategies (formerly Visor) was exploited for at least $4.5M via infinite mint vulnerability. Attacker minted unlimited tokens and converted to other assets; token migration announced two days later.

Chains: Ethereum

Language: Solidity

Target Type: DeFi Protocol

Date: Dec 21, 2021

Amount: $8.2m

Classification: Reentrancy

Technique: Reentrancy

Visor Finance's staking contract was exploited via reentrancy in the delegateTransferERC20 interface. Attackers recursively called the withdrawal function before state updates were completed, stealing 8,812,958 VISR tokens (~$8.2M).

Chains: Ethereum

Language: Solidity

Target Type: DeFi Protocol

Date: Jan 4, 2024

Amount: $4.5m

Classification: Oracle Manipulation

Technique: Spot Price Manipulation

On January 4, 2024, Gamma Strategies' hypervisors on Arbitrum were exploited for ~$4.5M via flashloan-induced price manipulation. The vault deposit thresholds were set too high (-50% to +100% price swings), allowing attackers to manipulate underlying asset prices and drain vault positions.

Chains: Arbitrum

Language: Solidity

Target Type: DeFi Protocol

Competitors

Steer Protocol ($14.33m)ICHI ($5.38m)ACryptoS ($10.53m)A51 Finance V3 ($2,510)Charm Finance V2 ($1.45m)Dyson ($224,037)Tempest Finance ($17,216)Teahouse Permissionless ($16,158)TheDeep ($4.17m)Krystal Community Vault ($246,597)

Gamma history

TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Jul 21, 2021 to Nov 12, 2026.

All-time high TVL: $127.84m on Jan 3, 2024. All-time low TVL: $2.53m on Jan 1, 2023.

Daily TVL, Oct 14, 2026 to Nov 12, 2026

DateTVL
Oct 14, 2026$3.12m
Oct 15, 2026$3.02m
Oct 16, 2026$2.99m
Oct 17, 2026$2.95m
Oct 18, 2026$2.89m
Oct 19, 2026$2.89m
Oct 20, 2026$2.91m
Oct 21, 2026$2.98m
Oct 22, 2026$3.01m
Oct 23, 2026$2.94m
Oct 24, 2026$2.92m
Oct 25, 2026$2.91m
Oct 26, 2026$2.87m
Oct 27, 2026$2.87m
Oct 28, 2026$2.87m
Oct 29, 2026$2.89m
Oct 30, 2026$2.78m
Oct 31, 2026$2.84m
Nov 1, 2026$2.83m
Nov 2, 2026$2.77m
Nov 3, 2026$2.75m
Nov 4, 2026$2.77m
Nov 5, 2026$2.89m
Nov 6, 2026$2.73m
Nov 7, 2026$2.74m
Nov 8, 2026$2.73m
Nov 9, 2026$2.64m
Nov 10, 2026$2.64m
Nov 11, 2026$2.6m
Nov 12, 2026$2.61m

TVL at each month end, Nov 2024 to Nov 2026

DateTVL
Nov 30, 2024$88.25m
Dec 31, 2024$58.74m
Jan 31, 2025$48.24m
Feb 28, 2025$34.04m
Mar 31, 2025$31.35m
Apr 6, 2025$29.68m
May 31, 2025$19.63m
Jun 30, 2025$17.39m
Jul 31, 2025$12.83m
Aug 31, 2025$10.3m
Sep 23, 2025$9.13m
Nov 30, 2025$8.25m
Dec 31, 2025$6.84m
Jan 31, 2026$6.18m
Feb 28, 2026$4.68m
Mar 31, 2026$4.14m
Apr 30, 2026$4.16m
May 31, 2026$3.59m
Jun 30, 2026$2.83m
Jul 31, 2026$2.73m
Aug 31, 2026$3.07m
Sep 30, 2026$3.18m
Oct 31, 2026$2.84m
Nov 12, 2026 (latest)$2.61m

TVL at each year end, Dec 31, 2021 to Dec 31, 2025

DateTVL
Dec 31, 2021$18.54m
Dec 31, 2022$2.56m
Dec 31, 2023$121.18m
Dec 31, 2024$58.74m
Dec 31, 2025$6.84m

Fees and revenue by UTC calendar month, Dec 2024 to Nov 2026

MonthFeesRevenue
Dec 2024$4.29m$456,084
Jan 2025$2.4m$244,321
Feb 2025$2.35m$250,591
Mar 2025$1.41m$143,527
Apr 2025$1.08m$114,636
May 2025$1.01m$102,312
Jun 2025$427,595$70,594
Jul 2025$480,507$72,001
Aug 2025$575,573$85,799
Sep 2025$401,233$55,267
Oct 2025$337,592$28,434
Nov 2025$237,266$23,397
Dec 2025$124,475$14,197
Jan 2026$135,248$20,915
Feb 2026$120,155$20,104
Mar 2026$67,570$15,198
Apr 2026$51,432$10,619
May 2026$41,633$5,842
Jun 2026$54,276$6,360
Jul 2026$36,820$4,377
Aug 2026$40,724$5,385
Sep 2026$51,177$5,087
Oct 2026$46,048$1,466
Nov 2026 (to date)$8,009$187.03

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/gamma

Frequently asked questions

What is Gamma's TVL?

As of Nov 12, 2026, Gamma has $2.6m in total value locked. TVL has decreased 13.2% over the past 30 days.

What chains does Gamma operate on?

Gamma operates on 38 chains: Ethereum, BSC, Polygon, Arbitrum, and Gnosis and 33 others. Ethereum holds the largest share at 32.2%.

How much has Gamma generated in fees and revenue?

Over the past 30 days, Gamma generated $40,478 in fees. Of that, $1,174 was protocol revenue. Based on the trailing year, the annualized rate is $892,861 in fees and $115,890 in revenue.

What is the GAMMA token price and valuation?

GAMMA is currently trading at $0.00069. Its circulating market capitalization is $49,822, ranking it #8,192. Its fully diluted valuation is $68,634. Supply currently stands at 72.59m circulating, 100m total supply, 100m maximum supply.

How has GAMMA performed recently?

GAMMA is down 36% over the past 7 days and up 38.4% over the past 30 days. Its all-time high is $2.74, reached on Feb 25, 2024. The token is currently 100% below that level.

How does Gamma's TVL compare to similar protocols?

Among Liquidity Manager protocols tracked by DefiLlama, Gamma ranks #10 by TVL. The category holds $196.67m across 72 protocols, and Gamma accounts for 1.3% of that total. Similar protocols include Steer Protocol, ICHI, ACryptoS, A51 Finance V3, Charm Finance V2, Dyson, Tempest Finance, Teahouse Permissionless, TheDeep, and Krystal Community Vault.

How many yield pools does Gamma have?

DefiLlama tracks 9 Gamma yield pools with an average APY of 3.3%.

Has Gamma ever been exploited?

Gamma has 3 recorded security incidents. The most recent incident occurred on Jan 4, 2024 and involved $4.5m. It was classified as Oracle Manipulation.