Ask about Kal Mydas
Logo of Kal MydasKal Mydas(KAL)
Total Value Locked$1,283.98

TVL by Chain

Base$1,283.98

Key Metrics

Staked$0

Protocol Information

Kal Mydas is a decentralized protocol on Base mainnet built around gold and bitcoin. USDC deposited into one of five strategy vault pools (HORIZON, VALKYRIE, REVOLUTION, TREASURY, ORION) is allocated to an off-chain operator that opens positions on gTrade (Gains Network) on the XAU/USD pair

Category:Onchain Capital Allocator

Audits:

Twitter

Methodology

TVL: TVL is the sum of tokens (USDC, WETH, KAL) held by the KalSwap liquidity pairs plus the USDC held by the five KalPool strategy vaults (deposits and platform reserve) on Base mainnet. USDC temporarily allocated to the on-chain operator (max 20% of each vault reserve) leaves the vaults while a trade is open and returns on close. KAL staked single-side and KAL locked in veKAL are reported under staking.View code on GitHub

Competitors

Grove Finance ($2.383b)Spark Liquidity Layer ($1.688b)Veda ($1.27b)Upshift ($282.66m)Lagoon ($137.6m)Aera V3 ($80.79m)Aera V2 ($39.43m)D2 Finance ($27.37m)Lombard Vaults ($25.77m)Moonwell Vaults ($18.58m)

Frequently Asked Questions

What is Kal Mydas?

Kal Mydas is a decentralized protocol on Base mainnet built around gold and bitcoin. USDC deposited into one of five strategy vault pools (HORIZON, VALKYRIE, REVOLUTION, TREASURY, ORION) is allocated to an off-chain operator that opens positions on gTrade (Gains Network) on the XAU/USD pair

What is Kal Mydas' TVL?

Kal Mydas currently has $1,283.98 in total value locked. TVL has increased 5,736.3% over the past 30 days.

What chains does Kal Mydas operate on?

Kal Mydas operates on Base. Base holds the largest share at 100%.

How does Kal Mydas' TVL compare to similar protocols?

Among Onchain Capital Allocator protocols tracked by DefiLlama, Kal Mydas ranks #61 by TVL. The category holds $7.719b across 72 protocols, and Kal Mydas accounts for <0.1% of that total. Other leading protocols include Grove Finance, Spark, and Veda.