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

