Key Metrics
Fees (Annualized)$1.23m
Fees 30d$53,318
Filecoin$40,164
Base$13,154
Fees 7d$8,809
Filecoin$7,419
Base$1,390
Fees 24h$1,719
Filecoin$1,719
Base$0
Cumulative Fees$246,726
Filecoin$193,347
Base$53,379
Revenue (Annualized)$123,325
Revenue 30d$5,333
Filecoin$4,015
Base$1,318
Revenue 7d$881
Filecoin$741
Base$140
Revenue 24h$172
Filecoin$172
Base$0
Cumulative Revenue$24,665
Filecoin$19,324
Base$5,341
Holders Revenue (30d Run Rate)$0
Holders Revenue 30d$0
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 APY42.73%
Competitors
Frequently Asked Questions
What is GLIF's TVL?
GLIF currently has $19.28m in total value locked. TVL has decreased 16.7% over the past 30 days.
What chains does GLIF operate on?
GLIF operates on 2 chains: Base and Filecoin. Filecoin holds the largest share at 98.5%.
How much has GLIF generated in fees and revenue?
Over the past 30 days, GLIF generated $53,318 in fees. Of that, $5,333 was protocol revenue. Based on the trailing year, the annualized rate is $1.23m in fees and $123,325 in revenue.
How does GLIF's TVL compare to similar protocols?
Among Liquid Staking protocols tracked by DefiLlama, GLIF ranks #52 by TVL. The category holds $51.125b across 272 protocols, and GLIF accounts for <0.1% of that total. Other leading protocols include ether.fi Stake, Origin Ether, STFIL, iAero Protocol, MineFi, Filet Finance, SFT Protocol, HashKing, FILLiquid, and HashMix FIL.
How many yield pools does GLIF have?
DefiLlama tracks 2 GLIF yield pools with an average APY of 42.7%.
