Iron Bank(IB)
Total Value Locked$175,292
TVL by Chain
Ethereum$88,013
OP Mainnet$75,112
Fantom$12,150
Avalanche$16.34
Key Metrics
Fees 30d$139.94
Fees 30d by chain
OP Mainnet$139.94
Avalanche$0
Ethereum$0
Fees 7d$0.86
OP Mainnet$0.86
Avalanche$0
Ethereum$0
Fees 24h$0.08
OP Mainnet$0.08
Avalanche$0
Ethereum$0
Cumulative Fees$773,037
Avalanche$728,393
OP Mainnet$44,647
Ethereum$0
Revenue 30d$14.73
Revenue 30d by chain
OP Mainnet$14.73
Avalanche$0
Ethereum$0
Revenue 7d$0.09
OP Mainnet$0.09
Avalanche$0
Ethereum$0
Revenue 24h$0.01
OP Mainnet$0.01
Avalanche$0
Ethereum$0
Cumulative Revenue$119,953
Avalanche$111,700
OP Mainnet$8,253
Ethereum$0
Holders Revenue 30d$0
Holders Revenue 30d by chain
Avalanche$0
Ethereum$0
OP Mainnet$0
Holders Revenue 7d$0
Avalanche$0
Ethereum$0
OP Mainnet$0
Holders Revenue 24h$0
Avalanche$0
Ethereum$0
OP Mainnet$0
Cumulative Holders Revenue$0
Avalanche$0
Ethereum$0
OP Mainnet$0
Market Cap$17,397
$IB Price$0.092
Fully Diluted Valuation$670,019
$IB Volume 24h$5.26
CEX Volume$0
DEX Volume$5.26(100% of total)
Active Loans$479,162
Protocol Information
Iron Bank is a decentralized protocol to protocol lending platform. It allows trusted protocols to borrow funds without posting collateral via whitelisting. It is helping build a better and safer DeFi lending ecosystem, by driving capital efficiency as the liquidity infrastructure and backbone for DeFi and CeFi.
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Total interest paid by borrowersView code on GitHubRevenue: Protocol and holders share of interestView code on GitHubHolders Revenue: Share of interest into protocol governance token holders.View code on GitHubUser Activity
Active Addresses (24h)0
New Addresses (24h)0
Transactions (24h)0
Gas Used (24h)0 ETH
Gas Cost (24h)$0
Competitors
Iron Bank history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from Jan 22, 2022 to Nov 4, 2026.
All-time high TVL: $1.498b on Jan 27, 2022. All-time low TVL: $168,772 on Oct 30, 2026.
Daily TVL, Oct 6, 2026 to Nov 4, 2026
| Date | TVL |
|---|---|
| Oct 6, 2026 | $240,296 |
| Oct 7, 2026 | $242,149 |
| Oct 8, 2026 | $234,570 |
| Oct 9, 2026 | $226,481 |
| Oct 10, 2026 | $229,507 |
| Oct 11, 2026 | $230,911 |
| Oct 12, 2026 | $234,339 |
| Oct 13, 2026 | $223,398 |
| Oct 14, 2026 | $227,917 |
| Oct 15, 2026 | $224,056 |
| Oct 16, 2026 | $221,949 |
| Oct 17, 2026 | $220,696 |
| Oct 18, 2026 | $218,856 |
| Oct 19, 2026 | $219,398 |
| Oct 20, 2026 | $217,984 |
| Oct 21, 2026 | $223,577 |
| Oct 22, 2026 | $222,311 |
| Oct 23, 2026 | $184,152 |
| Oct 24, 2026 | $181,971 |
| Oct 25, 2026 | $177,184 |
| Oct 26, 2026 | $176,901 |
| Oct 27, 2026 | $174,940 |
| Oct 28, 2026 | $177,695 |
| Oct 29, 2026 | $177,247 |
| Oct 30, 2026 | $168,772 |
| Oct 31, 2026 | $175,937 |
| Nov 1, 2026 | $175,384 |
| Nov 2, 2026 | $174,820 |
| Nov 3, 2026 | $170,431 |
| Nov 4, 2026 | $171,350 |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $18.35m |
| Jan 31, 2025 | $20.5m |
| Feb 28, 2025 | $15.05m |
| Mar 31, 2025 | $15.59m |
| Apr 30, 2025 | $15.13m |
| May 31, 2025 | $11.14m |
| Jun 30, 2025 | $11.91m |
| Jul 31, 2025 | $18.17m |
| Aug 31, 2025 | $19.38m |
| Sep 30, 2025 | $17.35m |
| Oct 31, 2025 | $14.19m |
| Nov 30, 2025 | $12.03m |
| Dec 31, 2025 | $6.36m |
| Jan 31, 2026 | $240,306 |
| Feb 28, 2026 | $215,177 |
| Mar 31, 2026 | $209,301 |
| Apr 30, 2026 | $214,910 |
| May 31, 2026 | $209,079 |
| Jun 30, 2026 | $183,926 |
| Jul 31, 2026 | $190,900 |
| Aug 31, 2026 | $210,555 |
| Sep 30, 2026 | $243,426 |
| Oct 31, 2026 | $175,937 |
| Nov 4, 2026 (latest) | $171,350 |
TVL at each year end, Dec 31, 2022 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2022 | $19.24m |
| Dec 31, 2023 | $14.55m |
| Dec 31, 2024 | $18.35m |
| Dec 31, 2025 | $6.36m |
Fees, revenue and holders revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Dec 2024 | $4,859 | $804 | $0 |
| Jan 2025 | $5,340 | $914 | $0 |
| Feb 2025 | $4,339 | $742 | $0 |
| Mar 2025 | $3,539 | $592 | $0 |
| Apr 2025 | $5,316 | $892 | $0 |
| May 2025 | $534 | $78 | $0 |
| Jun 2025 | $4,573 | $681 | $0 |
| Jul 2025 | $9,324 | $1,404 | $0 |
| Aug 2025 | $3,220 | $469 | $0 |
| Sep 2025 | $874 | $134 | $0 |
| Oct 2025 | $5,804 | $871 | $0 |
| Nov 2025 | $3,186 | $484 | $0 |
| Dec 2025 | $7,609 | $1,117 | $0 |
| Jan 2026 | $8,243 | $1,235 | $0 |
| Feb 2026 | $19,163 | $3,740 | $0 |
| Mar 2026 | $14,907 | $2,520 | $0 |
| Apr 2026 | $36,031 | $5,405 | $0 |
| May 2026 | $22,396 | $3,935 | $0 |
| Jun 2026 | $26,340 | $3,952 | $0 |
| Jul 2026 | $15,587 | $2,337 | $0 |
| Aug 2026 | $1.63 | $0.17 | $0 |
| Sep 2026 | $1,110 | $111.04 | $0 |
| Oct 2026 | $139.64 | $14.70 | $0 |
| Nov 2026 (to date) | $0.38 | $0.04 | $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/iron-bank
Frequently asked questions
What is Iron Bank's TVL?
As of Nov 4, 2026, Iron Bank has $175,292 in total value locked. TVL has decreased 29% over the past 30 days.
What chains does Iron Bank operate on?
Iron Bank operates on 4 chains: Ethereum, OP Mainnet, Fantom, and Avalanche. Ethereum holds the largest share at 50.2%.
How much has Iron Bank generated in fees and revenue?
Over the past 30 days, Iron Bank generated $139.94 in fees. Of that, $14.73 was protocol revenue. Based on the trailing year, the annualized rate is $154,501 in fees and $24,819 in revenue.
What is the IB token price and valuation?
IB is currently trading at $0.092. Its circulating market capitalization is $17,397, ranking it #11,124. Its fully diluted valuation is $670,019. Supply currently stands at 189,844.46 circulating, 7.31m total supply, 7.31m maximum supply.
How has IB performed recently?
IB is down 1.3% over the past 7 days and down 24.4% over the past 30 days. Its all-time high is $253.73, reached on Mar 2, 2022. The token is currently 100% below that level.
How does Iron Bank's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Iron Bank ranks #191 by TVL. The category holds $52.423b across 520 protocols, and Iron Bank accounts for <0.1% of that total. Similar protocols include Aave V3, Impermax V2, Tarot, Granary Finance, Morpho Blue, OmniBTC, dForce Lending, 88mph, Fuji V1, and Hundred Finance.
How much has been borrowed through Iron Bank?
As of Nov 4, 2026, Iron Bank has $479,162 in active loans.

