Protocol Information
JPEG Trading is a proprietary crypto trading firm that launched an RWA curation business on Euler, combining technical and financial diligence with direct balance-sheet alignment
Methodology
TVL: Counts the underlying assets supplied to JPEG Trading Euler EVK vaults on Ethereum and Base, plus Euler Earn assets outside its own USDC EVK vault. The Earn-to-EVK position is subtracted to avoid counting the same deposit twice. These Euler deposits overlap Euler V2 TVL.View code on GitHubCompetitors
JPEG Trading history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jun 13, 2026 to Oct 29, 2026.
All-time high TVL: $1.59m on Aug 1, 2026. All-time low TVL: $19 on Jun 14, 2026.
Daily TVL, Sep 30, 2026 to Oct 29, 2026
| Date | TVL |
|---|---|
| Sep 30, 2026 | $626,260 |
| Oct 1, 2026 | $624,270 |
| Oct 2, 2026 | $624,380 |
| Oct 3, 2026 | $470,440 |
| Oct 4, 2026 | $470,695 |
| Oct 5, 2026 | $470,683 |
| Oct 6, 2026 | $470,450 |
| Oct 7, 2026 | $473,288 |
| Oct 8, 2026 | $466,271 |
| Oct 9, 2026 | $468,672 |
| Oct 10, 2026 | $475,472 |
| Oct 11, 2026 | $474,976 |
| Oct 12, 2026 | $475,225 |
| Oct 13, 2026 | $473,020 |
| Oct 14, 2026 | $470,762 |
| Oct 15, 2026 | $466,038 |
| Oct 16, 2026 | $471,027 |
| Oct 17, 2026 | $473,226 |
| Oct 18, 2026 | $472,284 |
| Oct 19, 2026 | $473,301 |
| Oct 20, 2026 | $468,774 |
| Oct 21, 2026 | $466,464 |
| Oct 22, 2026 | $466,687 |
| Oct 23, 2026 | $457,339 |
| Oct 24, 2026 | $454,992 |
| Oct 25, 2026 | $453,382 |
| Oct 26, 2026 | $453,878 |
| Oct 27, 2026 | $456,145 |
| Oct 28, 2026 | $460,640 |
| Oct 29, 2026 | $460,362 |
TVL at each month end, Jun 2026 to Oct 2026
| Date | TVL |
|---|---|
| Jun 30, 2026 | $20,737 |
| Jul 31, 2026 | $1.45m |
| Aug 31, 2026 | $155,174 |
| Sep 30, 2026 | $626,260 |
| Oct 29, 2026 (latest) | $460,362 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/jpeg-trading
Frequently asked questions
What is JPEG Trading's TVL?
As of Oct 29, 2026, JPEG Trading has $458,126 in total value locked. TVL has decreased 26.3% over the past 30 days.
What chains does JPEG Trading operate on?
JPEG Trading operates on 2 chains: Ethereum and Base. Ethereum holds the largest share at 93.9%.
How does JPEG Trading's TVL compare to similar protocols?
Among Risk Curators protocols tracked by DefiLlama, JPEG Trading ranks #60 by TVL. The category holds $9.808b across 97 protocols, and JPEG Trading accounts for <0.1% of that total. Similar protocols include Steakhouse Financial, Gauntlet, RockawayX, KPK, Clearstar, Galaxy Curation, Tulipa Capital, Gami Labs, Re7 Labs, and Yearn Curating.