Total Value Locked$540,420
TVL by Chain
Polygon$169,872
Ethereum$119,410
Base$94,757
Avalanche$80,766
Arbitrum$44,442
OP Mainnet$18,809
Sonic$6,640
ZKsync Era$3,426
Fantom$1,190
Scroll$455.73
Blast$395.89
Linea$248.39
Mantle$9.19
Moonriver$0
Canto$0
Key Metrics
Cumulative Fees$3.84m
Cumulative Fees by chain
Sonic$2.64m
Base$674,829
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
Blast$39
ZKsync Era$0
ZKsync Lite$0
Cumulative Revenue$661,598
Cumulative Revenue by chain
Sonic$527,981
Base$77,836
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
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
Linea$0
OP Mainnet$0
Polygon$0
re.al$0
Scroll$0
Sonic$0
Unichain$0
ZKsync Lite$0
Active Loans$0
Protocol Information
Impermax is a DeFi ecosystem that enables liquidity providers to leverage their LP tokens
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: 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 GitHubCompetitors
Impermax V2 history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from Mar 2, 2021 to Oct 23, 2026.
All-time high TVL: $80.45m on Mar 6, 2022. All-time low TVL: $265,401 on Mar 2, 2021.
Daily TVL, Sep 24, 2026 to Oct 23, 2026
| Date | TVL |
|---|---|
| Sep 24, 2026 | $599,359 |
| Sep 25, 2026 | $607,652 |
| Sep 26, 2026 | $610,134 |
| Sep 27, 2026 | $609,992 |
| Sep 28, 2026 | $609,894 |
| Sep 29, 2026 | $610,106 |
| Sep 30, 2026 | $602,622 |
| Oct 1, 2026 | $618,575 |
| Oct 2, 2026 | $600,840 |
| Oct 3, 2026 | $599,209 |
| Oct 4, 2026 | $603,209 |
| Oct 5, 2026 | $608,042 |
| Oct 6, 2026 | $605,642 |
| Oct 7, 2026 | $606,932 |
| Oct 8, 2026 | $593,616 |
| Oct 9, 2026 | $578,747 |
| Oct 10, 2026 | $581,030 |
| Oct 11, 2026 | $585,466 |
| Oct 12, 2026 | $593,715 |
| Oct 13, 2026 | $577,351 |
| Oct 14, 2026 | $586,429 |
| Oct 15, 2026 | $575,856 |
| Oct 16, 2026 | $576,544 |
| Oct 17, 2026 | $573,068 |
| Oct 18, 2026 | $569,080 |
| Oct 19, 2026 | $568,460 |
| Oct 20, 2026 | $566,523 |
| Oct 21, 2026 | $574,466 |
| Oct 22, 2026 | $574,225 |
| Oct 23, 2026 | $537,488 |
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 | $8.61m |
| Apr 30, 2025 | $7.57m |
| May 31, 2025 | $9.1m |
| Jun 30, 2025 | $10.37m |
| Jul 31, 2025 | $19.53m |
| Aug 31, 2025 | $13.56m |
| Sep 30, 2025 | $7.21m |
| Oct 31, 2025 | $3.51m |
| Nov 30, 2025 | $2.08m |
| Dec 31, 2025 | $1.77m |
| Jan 31, 2026 | $1.08m |
| Feb 28, 2026 | $807,463 |
| Mar 31, 2026 | $724,395 |
| Apr 30, 2026 | $739,003 |
| May 31, 2026 | $609,643 |
| Jun 30, 2026 | $556,078 |
| Jul 31, 2026 | $559,544 |
| Aug 31, 2026 | $533,705 |
| Sep 30, 2026 | $602,622 |
| Oct 23, 2026 (latest) | $537,488 |
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 | $1.77m |
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 | $33,241 | $4,716 | $0 |
| Nov 2025 | $28,608 | $5,497 | $0 |
| Dec 2025 | $251,895 | $48,924 | $0 |
| Jan 2026 | $2.45m | $477,375 | $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-v2
Frequently asked questions
What is Impermax V2's TVL?
As of Oct 23, 2026, Impermax V2 has $540,420 in total value locked. TVL has decreased 12.6% over the past 30 days.
What chains does Impermax V2 operate on?
Impermax V2 operates on 18 chains: Polygon, Ethereum, Base, Avalanche, and Arbitrum and 13 others. Polygon holds the largest share at 31.4%.
How does Impermax V2's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Impermax V2 ranks #151 by TVL. The category holds $52.781b across 518 protocols, and Impermax V2 accounts for <0.1% of that total. Similar protocols include Aave V3, Tarot, Morpho Blue, Compound V3, Euler V2, Ajna V2, PWN, Venus Core Pool, OmniBTC, and Timeswap V2.
How much has been borrowed through Impermax V2?
As of Oct 23, 2026, Impermax V2 has $0 in active loans.

