Ask about GLIF · freeTotal Value Locked$33.85m
TVL by Chain
Filecoin$33.48m
Base$364,759
Key Metrics
Fees 30d$67,900
Fees 30d by chain
Filecoin$58,947
Base$8,953
Fees 7d$21,270
Filecoin$18,602
Base$2,668
Fees 24h$3,595
Filecoin$3,083
Base$512
Cumulative Fees$332,050
Filecoin$268,691
Base$63,359
Revenue 30d$6,774
Revenue 30d by chain
Filecoin$5,882
Base$892.46
Revenue 7d$2,121
Filecoin$1,855
Base$266
Revenue 24h$360
Filecoin$309
Base$51
Cumulative Revenue$33,181
Filecoin$26,845
Base$6,337
Holders Revenue 30d$0
Holders Revenue 30d by chain
Base$0
Filecoin$0
Holders Revenue 7d$0
Base$0
Filecoin$0
Holders Revenue 24h$0
Base$0
Filecoin$0
Cumulative Holders Revenue$0
Base$0
Filecoin$0
Total Raised$4.5m
Feb 6, 2024$4.5mRound: SeedInvestors: Multicoin Capital, Zee Prime Capital, FinTech Collective, Big Brain Holdings, Protocol Labs
Protocol Information
GLIF is DePIN’s on-chain credit layer - liquidity providers earn rewards and hardware providers scale operations.
Methodology
TVL: This TVL calculation combines GLIF's two pools: (1) Filecoin pool (on Filecoin network) and (2) Impossible Cloud Network pool (on Base network). For the Filecoin pool, tvl tracks the total amount of FIL deposited into the protocol, and the total amount of locked FIL collateral by borrowers, to arrive at TVL. For the Impossible Cloud Network pool, tvl tracks the total ICNT assets locked in the pool.View code on GitHubFees: Interest and delegation rewards paid into the GLIF lending pools by Filecoin Storage Providers (FIL borrow APR) and Impossible Cloud Network node operators (ICN delegation rewards). Computed each day as LP yield from share-rate appreciation of iFIL / stICNT, grossed up by the 10% protocol treasury fee.View code on GitHubRevenue: 10% protocol fee on both pools. Filecoin: per docs.glif.io/en/for-liquidity-providers/glif-reward-mechanism-ifil iFIL holders earn 90% of SP borrow interest and the protocol treasury takes the remaining 10%, observable on events.glif.link/pool/0/fees. Base: on-chain PoolV2.treasuryFee() returns 0.1e18 = 10%, applied to each ICN node reward claim before LP rewards are restaked.View code on GitHubHolders Revenue: View code on GitHubYields
Pools Tracked2
Average Supply APY42.66%
Competitors
Frequently asked questions
What is GLIF's TVL?
GLIF currently has $33.85m in total value locked. TVL has increased 55.3% over the past 30 days.
What chains does GLIF operate on?
GLIF operates on 2 chains: Filecoin and Base. Filecoin holds the largest share at 98.9%.
How much has GLIF generated in fees and revenue?
Over the past 30 days, GLIF generated $67,900 in fees. Of that, $6,774 was protocol revenue. Based on the trailing year, the annualized rate is $1.19m in fees and $118,736 in revenue.
How does GLIF's TVL compare to similar protocols?
Among Liquid Staking protocols tracked by DefiLlama, GLIF ranks #50 by TVL. The category holds $58.246b across 265 protocols, and GLIF accounts for 0.1% of that total. Other leading protocols include ether.fi Stake, Origin Ether, STFIL, iAero Protocol, Filet Finance, MineFi, SFT Protocol, DIEM Relay, HashKing, and FILLiquid.
How many yield pools does GLIF have?
DefiLlama tracks 2 GLIF yield pools with an average APY of 42.7%.