Ask about Kal Mydas · freeTotal Value Locked$104.52
TVL by Chain
Base$104.52
The chart plots Staking as its own series; it is not part of the TVL above.
Key Metrics
Staked$0
Treasury$346.88
Majors$37.03
Stablecoins$309.84
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
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 protocolCompetitors
Kal Mydas history
TVL is the default DefiLlama definition, which excludes Staking and Pool2. Daily values are UTC snapshots from May 29, 2026 to Oct 28, 2026.
All-time high TVL: $1,593 on Sep 8, 2026. All-time low TVL: $22 on Jun 17, 2026.
Daily TVL, Sep 29, 2026 to Oct 28, 2026
| Date | TVL |
|---|---|
| Sep 29, 2026 | $1,255 |
| Sep 30, 2026 | $1,226 |
| Oct 1, 2026 | $424 |
| Oct 2, 2026 | $415 |
| Oct 3, 2026 | $414 |
| Oct 4, 2026 | $407 |
| Oct 5, 2026 | $408 |
| Oct 6, 2026 | $281 |
| Oct 7, 2026 | $277 |
| Oct 8, 2026 | $200 |
| Oct 9, 2026 | $164 |
| Oct 10, 2026 | $161 |
| Oct 11, 2026 | $152 |
| Oct 12, 2026 | $151 |
| Oct 13, 2026 | $137 |
| Oct 14, 2026 | $132 |
| Oct 15, 2026 | $130 |
| Oct 16, 2026 | $130 |
| Oct 17, 2026 | $129 |
| Oct 18, 2026 | $128 |
| Oct 19, 2026 | $128 |
| Oct 20, 2026 | $128 |
| Oct 21, 2026 | $129 |
| Oct 22, 2026 | $106 |
| Oct 23, 2026 | $106 |
| Oct 24, 2026 | $105 |
| Oct 25, 2026 | $105 |
| Oct 26, 2026 | $104 |
| Oct 27, 2026 | $104 |
| Oct 28, 2026 | $104 |
TVL at each month end, May 2026 to Oct 2026
| Date | TVL |
|---|---|
| May 31, 2026 | $591 |
| Jun 30, 2026 | $22 |
| Jul 31, 2026 | $1,269 |
| Aug 31, 2026 | $1,338 |
| Sep 30, 2026 | $1,226 |
| Oct 28, 2026 (latest) | $104 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/kal-mydas
Frequently asked questions
What is Kal Mydas' TVL?
As of Oct 28, 2026, Kal Mydas has $104.52 in total value locked. TVL has decreased 91.6% 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 $9.276b across 85 protocols, and Kal Mydas accounts for <0.1% of that total. Similar protocols include Spark Liquidity Layer, Veda, Grove Finance, Upshift, Aera V3, Lagoon, IPOR Fusion, Lombard Vaults, Aera V2, and Makina.
Does Kal Mydas have a treasury?
Kal Mydas has a tracked treasury currently valued at $346.88. Its holdings include $309.84 in stablecoins, $37.03 in major assets.