Keel Finance

Total Value Locked$2.51

TVL by Chain

Ethereum$2.51

Protocol Information

Keel is an on-chain capital allocation protocol that deploys protocol-owned stablecoin liquidity from the Sky ecosystem into DeFi markets and tokenized assets to deepen liquidity and generate risk-adjusted yield.

GitHub X/Twitter

Category:Yield

Methodology

TVL: TVL is calculated by summing token balances in Keel Finance's AllocatorVault, AllocatorBuffer, and ALM Proxy contracts on Ethereum.

Competitors

Spark Savings ($1.222b)Pendle V2 ($1.005b)Convex Finance ($465.53m)Avalon Superearn ($142.28m)Stake DAO Yield ($120.3m)Lorenzo sUSD1+ ($79.89m)infiniFi ($70.72m)Concentrator ($61.5m)Yuzu Money ($57.35m)Wise Token ($55.23m)

Closest by TVL

Feeder Finance ($4.15)Caribou Finance ($3.76)Nexion Yield ($1.87)Bouje Finance ($1.37)

Keel Finance history

TVL is the default DefiLlama definition. Daily values are UTC snapshots from Dec 17, 2025 to Nov 13, 2026.

All-time high TVL: $7 on Jan 17, 2026. All-time low TVL: $2 on Jan 27, 2026.

Daily TVL, Oct 15, 2026 to Nov 13, 2026

Date	TVL
Oct 15, 2026	$2
Oct 16, 2026	$2
Oct 17, 2026	$2
Oct 18, 2026	$2
Oct 19, 2026	$2
Oct 20, 2026	$2
Oct 21, 2026	$2
Oct 22, 2026	$2
Oct 23, 2026	$2
Oct 24, 2026	$2
Oct 25, 2026	$2
Oct 26, 2026	$2
Oct 27, 2026	$2
Oct 28, 2026	$2
Oct 29, 2026	$2
Oct 30, 2026	$2
Oct 31, 2026	$2
Nov 1, 2026	$2
Nov 2, 2026	$2
Nov 3, 2026	$2
Nov 4, 2026	$2
Nov 5, 2026	$2
Nov 6, 2026	$2
Nov 7, 2026	$2
Nov 8, 2026	$2
Nov 9, 2026	$2
Nov 10, 2026	$2
Nov 11, 2026	$2
Nov 12, 2026	$2
Nov 13, 2026	$2

TVL at each month end, Dec 2025 to Nov 2026

Date	TVL
Dec 31, 2025	$6
Jan 31, 2026	$2
Feb 28, 2026	$2
Mar 31, 2026	$2
Apr 30, 2026	$2
May 31, 2026	$2
Jun 30, 2026	$2
Jul 31, 2026	$2
Aug 31, 2026	$2
Sep 30, 2026	$2
Oct 31, 2026	$2
Nov 13, 2026 (latest)	$2

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/keel-finance

Frequently asked questions

What is Keel Finance's TVL?

As of Nov 13, 2026, Keel Finance has $2.51 in total value locked. TVL has increased 25.3% over the past 30 days.

What chains does Keel Finance operate on?

Keel Finance operates on Ethereum. Ethereum holds the largest share at 100%.

How does Keel Finance's TVL compare to similar protocols?

Among Yield protocols tracked by DefiLlama, Keel Finance ranks #451 by TVL. The category holds $3.971b across 580 protocols, and Keel Finance accounts for <0.1% of that total. Similar protocols include Spark Savings, Pendle V2, Convex Finance, Avalon Superearn, Stake DAO Yield, Lorenzo sUSD1+, infiniFi, Concentrator, Yuzu Money, and Wise Token.