Total Value Locked$531,438
TVL by Chain
Polygon$167,716
Ethereum$118,478
Base$92,882
Avalanche$79,615
Arbitrum$42,050
OP Mainnet$17,977
Sonic$6,751
ZKsync Era$3,245
Fantom$1,032
Unichain$533
Scroll$427
Blast$381
Linea$244
Hyperliquid L1$98
Mantle$9
Moonriver$0
Canto$0
Key Metrics
Cumulative Fees$3.86m
Cumulative Fees by chain
Sonic$2.64m
Base$700,694
Avalanche$146,642
Scroll$126,905
Arbitrum$120,548
Polygon$33,103
OP Mainnet$32,025
Fantom$30,622
re.al$25,043
Linea$4,404
Ethereum$3,468
Unichain$504
Hyperliquid L1$64
Blast$39
ZKsync Era$0
ZKsync Lite$0
Cumulative Revenue$664,185
Cumulative Revenue by chain
Sonic$527,981
Base$80,420
Avalanche$16,315
Scroll$12,691
Arbitrum$11,733
Polygon$3,720
re.al$3,613
OP Mainnet$3,194
Fantom$3,075
Ethereum$705
Linea$676
Unichain$50
Blast$9
Hyperliquid L1$3
ZKsync Era$0
ZKsync Lite$0
Cumulative Holders Revenue$0
Cumulative Holders Revenue by chain
Arbitrum$0
Avalanche$0
Base$0
Blast$0
Ethereum$0
Fantom$0
Hyperliquid L1$0
Linea$0
OP Mainnet$0
Polygon$0
re.al$0
Scroll$0
Sonic$0
Unichain$0
ZKsync Lite$0
Market Cap$172,861
$IBEX Price$0.0024
Fully Diluted Valuation$172,861
$IBEX Volume 24h$0
CEX Volume$0
DEX Volume$1.03
Active Loans$154
Treasury$4.25
Majors$3.67
Stablecoins$0.0005
Own Tokens$0
Others$0.58
Protocol Information
One-click access to DeFi yield farming with no risk of impermanent loss
- Impermax V2Lending
- Impermax V3Lending
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees: Fees is the interest rate paid by borrowersView code on GitHubRevenue: Percentage of interest going to treasury, based on each lending pool's reserve factor.View code on GitHubHolders Revenue: View code on GitHubHacks
Date: Apr 26, 2025
Protocol: Impermax V3
Amount: $300,000
Classification: Token & Share Accounting
Technique: Incorrect Fee Accounting
Chains: Base
Language: Solidity
Target Type: DeFi Protocol
Date: Nov 11, 2025
Protocol: Impermax V3
Amount: $380,000
Classification: Protocol Logic
Technique: Liquidation Logic Flaw
Chains: Base
Language: Solidity
Target Type: DeFi Protocol
Competitors
Impermax Finance history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from Mar 2, 2021 to Oct 26, 2026.
All-time high TVL: $80.45m on Mar 6, 2022. All-time low TVL: $265,401 on Mar 2, 2021.
Daily TVL, Sep 27, 2026 to Oct 26, 2026
| Date | TVL |
|---|---|
| Sep 27, 2026 | $612,420 |
| Sep 28, 2026 | $612,299 |
| Sep 29, 2026 | $612,510 |
| Sep 30, 2026 | $605,037 |
| Oct 1, 2026 | $620,987 |
| Oct 2, 2026 | $603,285 |
| Oct 3, 2026 | $601,639 |
| Oct 4, 2026 | $605,651 |
| Oct 5, 2026 | $610,525 |
| Oct 6, 2026 | $608,108 |
| Oct 7, 2026 | $609,333 |
| Oct 8, 2026 | $595,993 |
| Oct 9, 2026 | $581,065 |
| Oct 10, 2026 | $583,371 |
| Oct 11, 2026 | $587,820 |
| Oct 12, 2026 | $596,093 |
| Oct 13, 2026 | $579,691 |
| Oct 14, 2026 | $588,785 |
| Oct 15, 2026 | $578,157 |
| Oct 16, 2026 | $578,858 |
| Oct 17, 2026 | $575,368 |
| Oct 18, 2026 | $571,379 |
| Oct 19, 2026 | $570,770 |
| Oct 20, 2026 | $568,821 |
| Oct 21, 2026 | $576,804 |
| Oct 22, 2026 | $576,640 |
| Oct 23, 2026 | $539,861 |
| Oct 24, 2026 | $540,805 |
| Oct 25, 2026 | $536,158 |
| Oct 26, 2026 | $532,779 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $18.64m |
| Dec 31, 2024 | $22.48m |
| Jan 31, 2025 | $19.83m |
| Feb 28, 2025 | $12.01m |
| Mar 31, 2025 | $9.42m |
| Apr 30, 2025 | $8.52m |
| May 31, 2025 | $9.1m |
| Jun 30, 2025 | $10.37m |
| Jul 31, 2025 | $19.84m |
| Aug 31, 2025 | $14.51m |
| Sep 30, 2025 | $8.63m |
| Oct 31, 2025 | $5.92m |
| Nov 30, 2025 | $2.89m |
| Dec 31, 2025 | $2.44m |
| Jan 31, 2026 | $1.32m |
| Feb 28, 2026 | $905,643 |
| Mar 31, 2026 | $822,575 |
| Apr 30, 2026 | $837,183 |
| May 31, 2026 | $707,823 |
| Jun 30, 2026 | $654,258 |
| Jul 31, 2026 | $657,724 |
| Aug 31, 2026 | $536,146 |
| Sep 30, 2026 | $605,037 |
| Oct 26, 2026 (latest) | $532,779 |
TVL at each year end, Dec 31, 2021 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2021 | $41.75m |
| Dec 31, 2022 | $5.06m |
| Dec 31, 2023 | $3.32m |
| Dec 31, 2024 | $22.48m |
| Dec 31, 2025 | $2.44m |
Fees, revenue and holders revenue by UTC calendar month, Feb 2024 to Jan 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Feb 2024 | $9,732 | $968 | - |
| Mar 2024 | $4,950 | $490 | - |
| Apr 2024 | $27 | $0 | - |
| May 2024 | $4,611 | $460 | - |
| Jun 2024 | $35 | $0 | - |
| Jul 2024 | $13,791 | $1,380 | - |
| Aug 2024 | $5,539 | $551 | - |
| Sep 2024 | $73,301 | $7,323 | - |
| Oct 2024 | $119,317 | $13,301 | - |
| Nov 2024 | $128,512 | $19,099 | - |
| Dec 2024 | $125,575 | $13,924 | - |
| Jan 2025 | $103,309 | $11,647 | - |
| Feb 2025 | $46,870 | $5,280 | - |
| Mar 2025 | $28,469 | $3,370 | - |
| Apr 2025 | $19,434 | $2,258 | - |
| May 2025 | $32,094 | $3,808 | - |
| Jun 2025 | $38,396 | $5,053 | - |
| Jul 2025 | $94,436 | $12,095 | - |
| Aug 2025 | $115,388 | $12,390 | $0 |
| Sep 2025 | $31,795 | $3,858 | $0 |
| Oct 2025 | $35,762 | $4,967 | $0 |
| Nov 2025 | $38,221 | $6,458 | $0 |
| Dec 2025 | $254,790 | $49,211 | $0 |
| Jan 2026 | $2.46m | $478,463 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/impermax-finance
Frequently asked questions
What is Impermax Finance's TVL?
As of Oct 26, 2026, Impermax Finance has $531,438 in total value locked. TVL has decreased 13.2% over the past 30 days.
What chains does Impermax Finance operate on?
Impermax Finance operates on 19 chains: Polygon, Ethereum, Base, Avalanche, and Arbitrum and 14 others. Polygon holds the largest share at 31.6%.
What is the IBEX token price and valuation?
IBEX is currently trading at $0.0024. Its circulating market capitalization is $172,861, ranking it #6,118. Its fully diluted valuation is $172,861. Supply currently stands at 72.25m circulating, 72.25m total supply, 87.25m maximum supply.
How has IBEX performed recently?
IBEX is down 3.4% over the past 7 days and down 13% over the past 30 days. Its all-time high is $0.11, reached on Jan 20, 2025. The token is currently 97.7% below that level.
How does Impermax Finance's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Impermax Finance ranks #151 by TVL. The category holds $52.11b across 517 protocols, and Impermax Finance accounts for <0.1% of that total. Similar protocols include Aave V3, Morpho Blue, Tarot, Compound V3, Euler V2, Ajna V2, PWN, Timeswap V2, Venus Core Pool, and OmniBTC.
How much has been borrowed through Impermax Finance?
As of Oct 26, 2026, Impermax Finance has $154 in active loans.
Does Impermax Finance have a treasury?
Impermax Finance has a tracked treasury currently valued at $4.25. Its holdings include $0.0005 in stablecoins, $3.67 in major assets, $0.58 in other assets.
Has Impermax Finance ever been exploited?
Impermax Finance has 2 recorded security incidents. The most recent incident occurred on Nov 11, 2025 and involved $380,000. It was classified as Protocol Logic.

