Ask about INIT Capital · freeTotal Value Locked$1.65m
TVL by Chain
Mantle$1.65m
Blast$0
The chart plots Active Loans as its own series; it is not part of the TVL above.
Key Metrics
Active Loans$0
Total Raised$3.1m
Feb 21, 2024$3.1mRound: SeedInvestors: Electric Capital, Mirana Ventures, Maelstrom, Robot Ventures, Nomad Capital, Tangent, Bankless Ventures, Selini Capital, Faction Ventures, Julian Koh, leptokurtic, Tai Panich, David Choi, Ashwin Ramachandran
Protocol Information
The Liquidity Hook Money Market: Lend, Borrow, and Access Yield Strategies with Liquidity Hook.
Audits:
INIT Capital history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from Jan 24, 2024 to Nov 12, 2026.
All-time high TVL: $166.4m on Jul 22, 2024. All-time low TVL: $1.65m on Nov 11, 2026.
Daily TVL, Oct 14, 2026 to Nov 12, 2026
| Date | TVL |
|---|---|
| Oct 14, 2026 | $1.96m |
| Oct 15, 2026 | $1.93m |
| Oct 16, 2026 | $1.94m |
| Oct 17, 2026 | $1.93m |
| Oct 18, 2026 | $1.93m |
| Oct 19, 2026 | $1.92m |
| Oct 20, 2026 | $1.9m |
| Oct 21, 2026 | $1.92m |
| Oct 22, 2026 | $1.93m |
| Oct 23, 2026 | $1.9m |
| Oct 24, 2026 | $1.89m |
| Oct 25, 2026 | $1.88m |
| Oct 26, 2026 | $1.87m |
| Oct 27, 2026 | $1.87m |
| Oct 28, 2026 | $1.87m |
| Oct 29, 2026 | $1.86m |
| Oct 30, 2026 | $1.82m |
| Oct 31, 2026 | $1.75m |
| Nov 1, 2026 | $1.7m |
| Nov 2, 2026 | $1.7m |
| Nov 3, 2026 | $1.7m |
| Nov 4, 2026 | $1.7m |
| Nov 5, 2026 | $1.74m |
| Nov 6, 2026 | $1.69m |
| Nov 7, 2026 | $1.69m |
| Nov 8, 2026 | $1.69m |
| Nov 9, 2026 | $1.67m |
| Nov 10, 2026 | $1.67m |
| Nov 11, 2026 | $1.65m |
| Nov 12, 2026 | $1.65m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $99.36m |
| Jan 31, 2025 | $94.75m |
| Feb 28, 2025 | $56.08m |
| Mar 31, 2025 | $30.35m |
| Apr 30, 2025 | $26.57m |
| May 31, 2025 | $26.71m |
| Jun 30, 2025 | $22.48m |
| Jul 31, 2025 | $25.71m |
| Aug 31, 2025 | $23.2m |
| Sep 30, 2025 | $21.96m |
| Oct 31, 2025 | $18.44m |
| Nov 30, 2025 | $13.07m |
| Dec 31, 2025 | $12.65m |
| Jan 31, 2026 | $6.26m |
| Feb 28, 2026 | $4.42m |
| Mar 31, 2026 | $4.05m |
| Apr 30, 2026 | $3.24m |
| May 31, 2026 | $2.69m |
| Jun 30, 2026 | $2.01m |
| Jul 31, 2026 | $2.05m |
| Aug 31, 2026 | $2.07m |
| Sep 30, 2026 | $2.08m |
| Oct 31, 2026 | $1.75m |
| Nov 12, 2026 (latest) | $1.65m |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $99.36m |
| Dec 31, 2025 | $12.65m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/init-capital
Frequently asked questions
What is INIT Capital's TVL?
As of Nov 12, 2026, INIT Capital has $1.65m in total value locked. TVL has decreased 16.5% over the past 30 days.
What chains does INIT Capital operate on?
INIT Capital operates on 2 chains: Mantle and Blast. Mantle holds the largest share at 100%.
How does INIT Capital's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, INIT Capital ranks #107 by TVL. The category holds $48.405b across 520 protocols, and INIT Capital accounts for <0.1% of that total. Similar protocols include Impermax V2, Aave V3, Compound V3, Euler V2, Dolomite, Kinza Finance, ZeroLend Lending, Timeswap V2, Lendle Pooled Markets, and Minterest.
How much has been borrowed through INIT Capital?
As of Nov 12, 2026, INIT Capital has $0 in active loans.