Ask about Inverse Finance · freeTotal Value Locked$35.57m
TVL by Chain
Ethereum$35.57m
Key Metrics
Fees 30d$267,608
Fees 30d by chain
Ethereum$267,608
Fees 7d$60,031
Ethereum$60,031
Fees 24h$8,439
Ethereum$8,439
Cumulative Fees$13.18m
Ethereum$13.18m
Revenue 30d$289,057
Revenue 30d by chain
Ethereum$289,057
Revenue 7d$66,066
Ethereum$66,066
Revenue 24h$8,329
Ethereum$8,329
Cumulative Revenue$12.69m
Ethereum$12.69m
Holders Revenue 30d$9,375
Holders Revenue 30d by chain
Ethereum$9,375
Holders Revenue 7d$2,184
Ethereum$2,184
Holders Revenue 24h$312
Ethereum$312
Cumulative Holders Revenue$1.25m
Ethereum$1.25m
Collateral Liquidated 30d$2.01m
Collateral Liquidated 30d by chain
Ethereum$2.01m
Collateral Liquidated 7d$0
Ethereum$0
Collateral Liquidated 24h$0
Ethereum$0
Cumulative Collateral Liquidated$2.01m
Ethereum$2.01m
Market Cap$7.2m
$INV Price$10.07
Fully Diluted Valuation$7.32m
$INV Volume 24h$13,338
CEX Volume$2,344
DEX Volume$11,054(82.88% of total)
Staked$4.93m(68.52% of mcap)
Treasury$2.88m
Majors$43,708
Stablecoins$1.45m
Own Tokens$742,229
Others$647,300
Total Raised$1m
Feb 23, 2023$1mRound: Private token saleInvestors: DWF Labs
Annual Operational Expenses$1.4m
Headcount11
Salaries$1.31m
Audits$96,000
Sourceshttps://www.inverse.finance/transparency/dao
Last UpdateApr 29, 2023
Protocol Information
DOLA Borrowing Rights replace interest rates with a fixed fee that can earn you more.
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Collateral Liquidated: USD value of collateral seized during protocol liquidations
Yields
Pools Tracked2
Average Supply APY3.9%
User Activity
Active Addresses (24h)0
New Addresses (24h)0
Transactions (24h)0
Gas Used (24h)0 ETH
Gas Cost (24h)$0
Hacks
Date: Apr 2, 2022
Protocol: Inverse Finance Frontier
Amount: $15.6m
Classification: Oracle Manipulation
Technique: Spot Price Manipulation
On April 2, 2022, an attacker injected ~$3M in ETH into SushiSwap INV/ETH to artificially inflate the Keep3r price feed, then borrowed $15.6M (DOLA, ETH, WBTC, YFI) from Inverse Finance's Anchor market using inflated INV collateral.
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Date: Jun 16, 2022
Protocol: Inverse Finance Frontier
Amount: $5.8m
Classification: Oracle Manipulation
Technique: Spot Price Manipulation
On June 16, 2022, Inverse Finance Frontier was exploited for $1.3M direct loss ($5.8M protocol loss) via oracle manipulation. Attacker flash-borrowed 27K wBTC, swapped into Curve tricrypto to inflate yvcrv3crypto LP price, then borrowed DOLA against inflated collateral.
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Competitors
Inverse Finance history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Dec 12, 2020 to Nov 9, 2026.
All-time high TVL: $146.52m on Jan 3, 2022. All-time low TVL: $40,126 on Dec 12, 2020.
Daily TVL, Oct 11, 2026 to Nov 9, 2026
| Date | TVL |
|---|---|
| Oct 11, 2026 | $36.94m |
| Oct 12, 2026 | $36.96m |
| Oct 13, 2026 | $36.89m |
| Oct 14, 2026 | $37.66m |
| Oct 15, 2026 | $38.32m |
| Oct 16, 2026 | $38.64m |
| Oct 17, 2026 | $38.82m |
| Oct 18, 2026 | $38.56m |
| Oct 19, 2026 | $38.18m |
| Oct 20, 2026 | $38.17m |
| Oct 21, 2026 | $38.91m |
| Oct 22, 2026 | $39.09m |
| Oct 23, 2026 | $38.66m |
| Oct 24, 2026 | $38.53m |
| Oct 25, 2026 | $38.57m |
| Oct 26, 2026 | $39.05m |
| Oct 27, 2026 | $39.03m |
| Oct 28, 2026 | $39.06m |
| Oct 29, 2026 | $39.35m |
| Oct 30, 2026 | $38.35m |
| Oct 31, 2026 | $38.64m |
| Nov 1, 2026 | $38.59m |
| Nov 2, 2026 | $38.52m |
| Nov 3, 2026 | $38.68m |
| Nov 4, 2026 | $38.14m |
| Nov 5, 2026 | $38.03m |
| Nov 6, 2026 | $36.76m |
| Nov 7, 2026 | $36.6m |
| Nov 8, 2026 | $36.28m |
| Nov 9, 2026 | $35.57m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $86.83m |
| Jan 31, 2025 | $70.03m |
| Feb 28, 2025 | $54.02m |
| Mar 31, 2025 | $51.09m |
| Apr 30, 2025 | $49.83m |
| May 31, 2025 | $56.72m |
| Jun 30, 2025 | $49.76m |
| Jul 31, 2025 | $83.55m |
| Aug 31, 2025 | $101.09m |
| Sep 30, 2025 | $102.87m |
| Oct 31, 2025 | $92.68m |
| Nov 30, 2025 | $86.31m |
| Dec 31, 2025 | $84.35m |
| Jan 31, 2026 | $80.3m |
| Feb 28, 2026 | $52.07m |
| Mar 31, 2026 | $29.32m |
| Apr 30, 2026 | $30.43m |
| May 31, 2026 | $28.07m |
| Jun 30, 2026 | $23.1m |
| Jul 31, 2026 | $24.75m |
| Aug 31, 2026 | $31.87m |
| Sep 30, 2026 | $36.87m |
| Oct 31, 2026 | $38.64m |
| Nov 9, 2026 (latest) | $35.57m |
TVL at each year end, Dec 31, 2020 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2020 | $1.24m |
| Dec 31, 2021 | $132.82m |
| Dec 31, 2022 | $5.52m |
| Dec 31, 2023 | $60.98m |
| Dec 31, 2024 | $86.83m |
| Dec 31, 2025 | $84.35m |
Fees, revenue and holders revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Dec 2024 | $757,271 | $307,476 | $72,564 |
| Jan 2025 | $793,170 | $350,160 | $54,337 |
| Feb 2025 | $411,896 | $261,002 | $23,685 |
| Mar 2025 | $411,239 | $239,326 | $6,127 |
| Apr 2025 | $386,140 | $336,959 | $3,623 |
| May 2025 | $434,575 | $459,052 | $3,341 |
| Jun 2025 | $474,423 | $504,826 | $3,028 |
| Jul 2025 | $636,996 | $699,957 | $3,414 |
| Aug 2025 | $866,247 | $980,853 | $3,862 |
| Sep 2025 | $831,554 | $1.04m | $3,469 |
| Oct 2025 | $630,066 | $660,529 | $2,810 |
| Nov 2025 | $625,672 | $578,960 | $2,534 |
| Dec 2025 | $624,938 | $626,379 | $2,542 |
| Jan 2026 | $616,501 | $669,400 | $2,360 |
| Feb 2026 | $426,652 | $406,001 | $34,432 |
| Mar 2026 | $265,722 | $241,793 | $31,755 |
| Apr 2026 | $206,085 | $174,629 | $8,019 |
| May 2026 | $215,301 | $182,987 | $3,499 |
| Jun 2026 | $162,081 | $142,575 | $3,342 |
| Jul 2026 | $145,214 | $139,043 | $3,494 |
| Aug 2026 | $186,025 | $183,075 | $3,608 |
| Sep 2026 | $262,855 | $261,189 | $4,912 |
| Oct 2026 | $283,932 | $300,141 | $9,723 |
| Nov 2026 (to date) | $77,197 | $84,210 | $2,808 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/inverse-finance
Frequently asked questions
What is Inverse Finance's TVL?
As of Nov 9, 2026, Inverse Finance has $35.57m in total value locked. TVL has decreased 3.2% over the past 30 days.
What chains does Inverse Finance operate on?
Inverse Finance operates on Ethereum. Ethereum holds the largest share at 100%.
How much has Inverse Finance generated in fees and revenue?
Over the past 30 days, Inverse Finance generated $267,608 in fees. Of that, $289,057 was protocol revenue. Based on the trailing year, the annualized rate is $3.92m in fees and $3.82m in revenue.
What is the INV token price and valuation?
INV is currently trading at $10.07. Its circulating market capitalization is $7.2m, ranking it #1,742. Its fully diluted valuation is $7.32m. Supply currently stands at 714,903.26 circulating, 727,000 total supply.
How has INV performed recently?
INV is down 3.6% over the past 7 days and down 2.8% over the past 30 days. Its all-time high is $2,075, reached on Mar 6, 2021. The token is currently 99.5% below that level.
How does Inverse Finance's TVL compare to similar protocols?
Among CDP protocols tracked by DefiLlama, Inverse Finance ranks #9 by TVL. The category holds $5.943b across 196 protocols, and Inverse Finance accounts for 0.6% of that total. Similar protocols include Sky Lending, USDD, Liquity V1, crvUSD, Reservoir Protocol, Liquity V2, Frankencoin, BIMA CDP, mStable V2, and Abracadabra Spell.
How many yield pools does Inverse Finance have?
DefiLlama tracks 2 Inverse Finance yield pools with an average APY of 3.9%.
Does Inverse Finance have a treasury?
Inverse Finance has a tracked treasury currently valued at $2.88m. Its holdings include $1.45m in stablecoins, $43,708 in major assets, $742,229 in its own tokens, $647,300 in other assets.
Has Inverse Finance ever been exploited?
Inverse Finance has 2 recorded security incidents. The most recent incident occurred on Jun 16, 2022 and involved $5.8m. It was classified as Oracle Manipulation.