Ask about Kal Mydas

Logo of Kal MydasKal Mydas(KAL)

Total Value Locked$174.71

TVL by Chain

Base$174.71

Key Metrics

Staked$0

Treasury$383.18

$0.65

Stablecoins$382.54

Own Tokens$0

Others$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

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Category:Onchain Capital Allocator

Audits:

Methodology

TVL: TVL is the USDC deposited by users in the KalPool strategy vaults (vault USDC balance minus the platform reserve still held in the vault, reserveBalance - operatorBalance) plus the USDC and WETH in the KalSwap USDC/WETH market, on Base. All live vault generations (V5_1_4, V5_2_0 and V5_2_2) are counted during the migration. The platform reserve is protocol-owned trading capital and is reported in the Kal Mydas treasury. KalSwap markets paired with KAL and the Aerodrome KAL/USDC LP staked in the Kal Mydas Aerodrome LP staking are farmed for KAL rewards and reported under pool2. KAL staked single-side and KAL locked in veKAL are reported under staking.View code on GitHubTreasury: Value of tokens owned by the protocol

Competitors

Spark Liquidity Layer ($2.77b)Veda ($1.849b)Grove Finance ($1.16b)Upshift ($412.54m)Aera V3 ($167.89m)Lagoon ($155.7m)Ember Protocol ($122.18m)Fusion by IPOR ($76.02m)Lombard Vaults ($74.72m)Aera V2 ($46.95m)

Frequently Asked Questions

What is Kal Mydas' TVL?

Kal Mydas currently has $174.71 in total value locked. TVL has decreased 89% 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 #74 by TVL. The category holds $9.285b across 85 protocols, and Kal Mydas accounts for <0.1% of that total. Other leading protocols include Spark Liquidity Layer, Veda, Grove Finance, Upshift, Aera V3, Lagoon, Ember Protocol, Fusion by IPOR, Lombard Vaults, and Aera V2.

Does Kal Mydas have a treasury?

Kal Mydas has a tracked treasury currently valued at $383.18. Its holdings include $382.54 in stablecoins, $0.65 in major assets.