Total Value Locked$2.349b
TVL by Chain
Ethereum$1.774b
Base$293.21m
Avalanche$261.75m
Plume Mainnet$20.7m
Key Metrics
Fees (Annualized)$57.34m
Fees 30d$5.66m
Ethereum$3.71m
Avalanche$1.11m
Base$718,663
Plume Mainnet$135,135
Fees 7d$1.22m
Ethereum$810,581
Avalanche$231,500
Base$163,629
Plume Mainnet$18,909
Fees 24h$308,122
Ethereum$221,119
Avalanche$58,750
Base$24,475
Plume Mainnet$3,778
Cumulative Fees$60.69m
Ethereum$49.08m
Avalanche$12.64m
Plume Mainnet$3.23m
Base$2.28m
Revenue (30d Run Rate)$0
Revenue 30d$0
Avalanche$0
Base$0
Ethereum$0
Plume Mainnet$0
Revenue 7d$0
Avalanche$0
Base$0
Ethereum$0
Plume Mainnet$0
Revenue 24h$0
Avalanche$0
Base$0
Ethereum$0
Plume Mainnet$0
Cumulative Revenue$0
Avalanche$0
Base$0
Ethereum$0
Plume Mainnet$0
Protocol Information
Grove is a capital allocation protocol within the Sky (formerly MakerDAO) ecosystem, launched June 2025. It deploys capital into tokenized RWA assets, Aave lending, Morpho vaults, and Curve LP positions across Ethereum, Base, Avalanche, and Plume
Methodology
TVL: Counts the value of assets held by the Grove ALM Proxy across all chains, including RWA tokens, Aave aTokens, Morpho vault shares, Curve LP positions, and stablecoins. Excludes up to $50M of GALCO tokens from grove anchor allocation: https://investor.galaxy.com/news-releases/news-release-details/galaxy-announces-initial-closing-debut-tokenized-clo-75-millionView code on GitHubFees: Includes all the yields earned by allocating assets into various defi protocolsView code on GitHubRevenue: No revenueView code on GitHubCompetitors
Frequently Asked Questions
What is Grove Finance's TVL?
Grove Finance currently has $2.349b in total value locked. TVL has decreased 2.2% over the past 30 days.
What chains does Grove Finance operate on?
Grove Finance operates on 4 chains: Avalanche, Base, Plume Mainnet, and Ethereum. Ethereum holds the largest share at 75.5%.
How much has Grove Finance generated in fees and revenue?
Over the past 30 days, Grove Finance generated $5.66m in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $57.34m in fees.
How does Grove Finance's TVL compare to similar protocols?
Among Onchain Capital Allocator protocols tracked by DefiLlama, Grove Finance ranks #1 by TVL. The category holds $9.221b across 79 protocols, and Grove Finance accounts for 25.5% of that total. Other leading protocols include Spark Liquidity Layer, Upshift, Lagoon, Spectra MetaVaults, Spectra MetaVaults Outside V2, MORE Vaults, Veda, Aera V3, Ember Protocol, and Lombard Vaults.
