Active loans are not included in TVL by default, to include them toggle Active Loans. For more info on this click here.
Key Metrics
Fees (Annualized)$741,153.56
Fees 30d$91,991
Base$72,781
XDC$19,210
Plume Mainnet$0
Fees 7d$22,452
Base$17,580
XDC$4,872
Plume Mainnet$0
Fees 24h$3,096
Base$2,400
XDC$696
Plume Mainnet$0
Cumulative Fees$874,099
Base$808,717
XDC$43,014
Plume Mainnet$22,368
Revenue (Annualized)$74,778.87
Revenue 30d$9,175
Base$7,256
XDC$1,916.66
Plume Mainnet$0
Revenue 7d$2,244
Base$1,754
XDC$490.66
Plume Mainnet$0
Revenue 24h$309
Base$239
XDC$70.44
Plume Mainnet$0
Cumulative Revenue$88,101
Base$81,482
XDC$4,247.1
Plume Mainnet$2,360
Holders Revenue (30d Run Rate)$0
Holders Revenue 30d$0
Base$0
Plume Mainnet$0
XDC$0
Holders Revenue 7d$0
Base$0
Plume Mainnet$0
XDC$0
Holders Revenue 24h$0
Base$0
Plume Mainnet$0
XDC$0
Cumulative Holders Revenue$0
Base$0
Plume Mainnet$0
XDC$0
Total Raised$3m
Jan 11, 2024$3mRound: SeedInvestors: Woodstock, Morningstar Ventures, Faculty Group
Protocol Information
Kasu is a real-world asset protocol bridging institutional-grade private credit yields to DeFi, enabling lenders to earn sustainable returns from tokenised private debt, invoice finance, and other high-grade credit products. It connects TradFi lenders and DeFi liquidity through a hybrid capital stack with transparent, on-chain yield
Category:RWA Lending
Audits:
Methodology
TVL: Count all assets deposited to Kasu Lending Pools plus externally managed TVLView code on GitHubFees: Gross interest paid by borrowers across Kasu lending pools (performance fees + lender share). Interest accrued during each epoch is spread evenly across the epoch's days.View code on GitHubRevenue: Performance fees captured within the Kasu system: the sum of the protocol-receiver share (ProtocolRevenue) and the rKSU-holder share (HoldersRevenue). Neither is paid to external suppliers.View code on GitHubHolders Revenue: Performance fees distributed to KSU token lockers (rKSU holders). When no rKSU is eligible, the FeeManager redirects this share to the protocol at runtime; such redirection is not reflected in the breakdown.View code on GitHubCompetitors
Frequently Asked Questions
What is Kasu?
Kasu is a real-world asset protocol bridging institutional-grade private credit yields to DeFi, enabling lenders to earn sustainable returns from tokenised private debt, invoice finance, and other high-grade credit products. It connects TradFi lenders and DeFi liquidity through a hybrid capital stack with transparent, on-chain yield
What is Kasu's TVL?
Kasu currently has $11.04m in total value locked. TVL has increased 1.6% over the past 30 days.
What chains does Kasu operate on?
Kasu operates on 3 chains: Base, Plume Mainnet, and XDC. Base holds the largest share at 64.5%.
How much has Kasu generated in fees and revenue?
Over the past 30 days, Kasu generated $91,991 in fees. Of that, $9,175 was protocol revenue. Based on the trailing year, the annualized rate is $741,153.56 in fees and $74,778.87 in revenue.
How does Kasu's TVL compare to similar protocols?
Among RWA Lending protocols tracked by DefiLlama, Kasu ranks #7 by TVL. The category holds $736.81m across 25 protocols, and Kasu accounts for 1.5% of that total. Other leading protocols include Aave, Pareto, and USD AI.

