Active loans are not included in TVL by default, to include them toggle Active Loans. For more info, read the active loans discussion.

Ask about Kasu

Logo of KasuKasu

Total Value Locked$2,698

TVL by Chain

Base$2,698

Plume Mainnet$0

XDC$0

Key Metrics

Fees 30d$84,443
Fees 30d by chain

Base$64,324

XDC$20,119

Plume Mainnet$0

Fees 7d$16,572

Base$16,524

XDC$48.03

Plume Mainnet$0

Fees 24h$2,496

Base$2,448

XDC$48

Plume Mainnet$0

Cumulative Fees$1.07m

Base$955,076

XDC$92,083

Plume Mainnet$22,368

Revenue 30d$8,412
Revenue 30d by chain

Base$6,401

XDC$2,013

Plume Mainnet$0

Revenue 7d$1,631

Base$1,626

XDC$4.83

Plume Mainnet$0

Revenue 24h$245

Base$240

XDC$4.77

Plume Mainnet$0

Cumulative Revenue$107,594

Base$96,065

XDC$9,161

Plume Mainnet$2,360

Holders Revenue 30d$0
Holders Revenue 30d by chain

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

Active Loans$12.91m

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

Audits:

Methodology

TVL: TVL is the stablecoin still held on-chain by Kasu: liquidity in the lending pools, deposits queued in the pending pools awaiting clearing, and loss repayments held by the tranches until claimed. Amounts lent out to borrowers, measured as pool token supply minus pool holdings, plus loans Kasu funds off-chain and reports on-chain, are counted as borrowed.View 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 GitHub

Competitors

Frequently Asked Questions

What is Kasu's TVL?

Kasu currently has $2,698 in total value locked. TVL has increased 29,878.6% 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 100%.

How much has Kasu generated in fees and revenue?

Over the past 30 days, Kasu generated $84,443 in fees. Of that, $8,412 was protocol revenue. Based on the trailing year, the annualized rate is $851,771 in fees and $85,594 in revenue.

How does Kasu's TVL compare to similar protocols?

Among Uncollateralized Lending protocols tracked by DefiLlama, Kasu ranks #14 by TVL. The category holds $23.88m across 19 protocols, and Kasu accounts for <0.1% of that total. Other leading protocols include Accountable, Union Protocol, Clearpool Lending, Credit Coop, cSigma Finance, Clawloan, 3Jane Lending, Wildcat Protocol, Kamino Institutional Yield, and Goldfinch.

How much has been borrowed through Kasu?

Kasu currently has $12.91m in active loans.