Protocol Information
An ETH-backed currency with a floor that only rises. Every HLO is backed by at least 1.3x its floor in ETH held in a Treasury with no owner, no admin key and no upgrade path. Anyone can redeem HLO at the floor. Fees from sells, trading and bonds flow into the vault.
Methodology
TVL: TVL is the WETH held by the Hollow Treasury, the reserve HLO holders redeem against at the floor price. HLO in the lock contract is not counted, since its backing is the Treasury already counted in TVL. The protocol-owned Uniswap v4 position is not counted.View code on GitHubCompetitors
Hollow history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Nov 9, 2026 to Nov 9, 2026.
All-time high TVL: $10,698 on Nov 9, 2026. All-time low TVL: $10,698 on Nov 9, 2026.
Daily TVL, Nov 9, 2026 to Nov 9, 2026
| Date | TVL |
|---|---|
| Nov 9, 2026 | $10,698 |
TVL at each month end, Nov 2026 to Nov 2026
| Date | TVL |
|---|---|
| Nov 9, 2026 (latest) | $10,698 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/hollow
Frequently asked questions
What is Hollow's TVL?
As of Nov 9, 2026, Hollow has $10,698 in total value locked.
What chains does Hollow operate on?
Hollow operates on Ethereum. Ethereum holds the largest share at 100%.
How does Hollow's TVL compare to similar protocols?
Among Reserve Currency protocols tracked by DefiLlama, Hollow ranks #8 by TVL. The category holds $9.05m across 94 protocols, and Hollow accounts for 0.1% of that total. Similar protocols include The Idols, Rezerve Money, TempleDAO, VaultMintCurve, Olympus DAO, Volta Club, Hector Treasury, LeagueDAO, Templar DAO, and Floor Dao.