Ask about K2 Lend · freeTotal Value Locked$1,651
TVL by Chain
Stellar$1,651
The chart plots Active Loans as its own series; it is not part of the TVL above.
Key Metrics
Active Loans$48.12
Treasury$0.94
Majors$0
Stablecoins$0.70
Own Tokens$0
Others$0.24
Protocol Information
K2 Lend is a lending protocol on Stellar where users supply XLM, USDC, PYUSD, or SolvBTC to earn yield and borrow against collateral
Sub Category: CLMM
Methodology
TVL: Counts the tokens locked in the contracts to be used as collateral to borrow or to earn yield. Borrowed coins are not counted towards the TVL, so only the coins actually locked in the contracts are counted. There's multiple reasons behind this but one of the main ones is to avoid inflating the TVL through cycled lending.. TVL sums the underlying token balances held by each K2 reserve's aToken contract; borrowed sums outstanding variable debt (scaled debt supply times the current borrow index).View code on GitHubTreasury: Value of tokens owned by the protocolCompetitors
K2 Lend history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from Jul 23, 2026 to Oct 25, 2026.
All-time high TVL: $2,205 on Oct 1, 2026. All-time low TVL: $104 on Jul 23, 2026.
Daily TVL, Sep 26, 2026 to Oct 25, 2026
| Date | TVL |
|---|---|
| Sep 26, 2026 | $2,139 |
| Sep 27, 2026 | $2,093 |
| Sep 28, 2026 | $2,053 |
| Sep 29, 2026 | $2,191 |
| Sep 30, 2026 | $2,145 |
| Oct 1, 2026 | $2,205 |
| Oct 2, 2026 | $2,132 |
| Oct 3, 2026 | $2,094 |
| Oct 4, 2026 | $2,096 |
| Oct 5, 2026 | $2,169 |
| Oct 6, 2026 | $2,089 |
| Oct 7, 2026 | $2,046 |
| Oct 8, 2026 | $1,932 |
| Oct 9, 2026 | $1,866 |
| Oct 10, 2026 | $1,900 |
| Oct 11, 2026 | $1,895 |
| Oct 12, 2026 | $1,948 |
| Oct 13, 2026 | $1,858 |
| Oct 14, 2026 | $1,847 |
| Oct 15, 2026 | $1,725 |
| Oct 16, 2026 | $1,780 |
| Oct 17, 2026 | $1,747 |
| Oct 18, 2026 | $1,722 |
| Oct 19, 2026 | $1,737 |
| Oct 20, 2026 | $1,719 |
| Oct 21, 2026 | $1,766 |
| Oct 22, 2026 | $1,759 |
| Oct 23, 2026 | $1,707 |
| Oct 24, 2026 | $1,685 |
| Oct 25, 2026 | $1,671 |
TVL at each month end, Jul 2026 to Oct 2026
| Date | TVL |
|---|---|
| Jul 31, 2026 | $1,700 |
| Aug 31, 2026 | $1,721 |
| Sep 30, 2026 | $2,145 |
| Oct 25, 2026 (latest) | $1,671 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/k2-lend
Frequently asked questions
What is K2 Lend's TVL?
As of Oct 25, 2026, K2 Lend has $1,651 in total value locked. TVL has decreased 22.6% over the past 30 days.
What chains does K2 Lend operate on?
K2 Lend operates on Stellar. Stellar holds the largest share at 100%.
How does K2 Lend's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, K2 Lend ranks #1,263 by TVL. The category holds $13.855b across 1,921 protocols, and K2 Lend accounts for <0.1% of that total. Similar protocols include Aquarius Stellar, Sushi Stellar, Stellar DEX, Stellar AMM, Balanced Exchange, Soroswap AMM, Scopuly, Phoenix DeFi Hub, Uniswap V3, and PancakeSwap AMM.
How much has been borrowed through K2 Lend?
As of Oct 25, 2026, K2 Lend has $48.12 in active loans.
Does K2 Lend have a treasury?
K2 Lend has a tracked treasury currently valued at $0.94. Its holdings include $0.70 in stablecoins, $0.24 in other assets.