Protocol Information
GBLIN is a reserve-backed token on Base: each token is backed by a basket of cbBTC, WETH and USDC held by the vault contract, minted and redeemed directly at NAV. Fees: 0.10% on mints paid in ETH (half to the fee recipient, half left in the reserves), a 0.50% yearly management fee, and no fee on in-kind redemptions. Rebalancing runs as a Dutch auction that anyone, including CoW Protocol solvers, can fill. Parameters change only through a 48-hour timelock.
Methodology
TVL: TVL is the WETH, cbBTC and USDC held by the GBLIN vault on Base, plus the balance still held by the previous index contract until its holders migrate.View code on GitHubCompetitors
Frequently Asked Questions
What is Global Balanced Liquidity Index's TVL?
Global Balanced Liquidity Index currently has $1,300 in total value locked. TVL has increased 0.2% over the past 30 days.
What chains does Global Balanced Liquidity Index operate on?
Global Balanced Liquidity Index operates on Base. Base holds the largest share at 100%.
How does Global Balanced Liquidity Index's TVL compare to similar protocols?
Among Indexes protocols tracked by DefiLlama, Global Balanced Liquidity Index ranks #45 by TVL. The category holds $302.88m across 73 protocols, and Global Balanced Liquidity Index accounts for <0.1% of that total. Other leading protocols include Reserve Protocol, Chamber Vaults, Index Coop, WeDeFin, INDX, SoSoValue Indexes, Enzyme Finance, Set Protocol, Asymmetry Finance, and LOCKON.