Logo of KestrelKestrel
Total Value Locked$45,553.85

TVL by Chain

Solana$45,553.85

Protocol Information

Kestrel turns DeFi strategies into tokens on Solana. Users deposit an asset, receive a yield-bearing token, and redeem it later at the on-chain redemption price

Category:Onchain Capital Allocator

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Methodology

TVL: TVL is the net value of every Long Yield Carry vault: collateral held idle and deposited in lending platforms (Kamino/Marginfi) minus the stable debt borrowed against it plus the redeployed yield position.View code on GitHub

Competitors

Upshift ($346.47m)Neutral Trade ($13.71m)Exponent Strategy Vaults ($12.24m)Kvants ($69,210)Knightrade ($1.1)Perena Vaults ($0.00002)

Frequently Asked Questions

What is Kestrel?

Kestrel turns DeFi strategies into tokens on Solana. Users deposit an asset, receive a yield-bearing token, and redeem it later at the on-chain redemption price

What is Kestrel's TVL?

Kestrel currently has $45,553.85 in total value locked.

What chains does Kestrel operate on?

Kestrel operates on Solana. Solana holds the largest share at 100%.

How does Kestrel's TVL compare to similar protocols?

Among Onchain Capital Allocator protocols tracked by DefiLlama, Kestrel ranks #57 by TVL. The category holds $8.141b across 74 protocols, and Kestrel accounts for <0.1% of that total. Other leading protocols include Grove Finance, Spark, and Veda.