Ask about Kinetic · freeTotal Value Locked$32.86m
TVL by Chain
Flare$32.86m
Key Metrics
Fees 30d$96,225
Fees 30d by chain
Flare$96,225
Fees 7d$23,457
Flare$23,457
Fees 24h$2,869
Flare$2,869
Cumulative Fees$1.5m
Flare$1.5m
Revenue 30d$15,362
Revenue 30d by chain
Flare$15,362
Revenue 7d$3,706
Flare$3,706
Revenue 24h$457
Flare$457
Cumulative Revenue$248,752
Flare$248,752
Holders Revenue 30d$0
Holders Revenue 30d by chain
Flare$0
Holders Revenue 7d$0
Flare$0
Holders Revenue 24h$0
Flare$0
Cumulative Holders Revenue$0
Flare$0
Collateral Liquidated 30d$85,270
Collateral Liquidated 30d by chain
Flare$85,270
Collateral Liquidated 7d$85,270
Flare$85,270
Collateral Liquidated 24h$0
Flare$0
Cumulative Collateral Liquidated$85,270
Flare$85,270
Market Cap$309,438
$JOULE Price$0.00027
Fully Diluted Valuation$311,086
$JOULE Volume 24h$98.40
CEX Volume$0
DEX Volume$112.19(114.01% of total)
Active Loans$10.97m
Protocol Information
Kinetic is an ecosystem-tailored money market enhanced with an optional work-to-earn element.
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Total interest paid by borrowersView code on GitHubRevenue: Protocol's share of interest treasuryView code on GitHubHolders Revenue: View code on GitHubCollateral Liquidated: USD value of collateral seized in LiquidateBorrow events across the Kinetic core pool and its isolated pools, converted from kToken units to the underlying with exchangeRateStored.View code on GitHubYields
Pools Tracked11
Average Supply APY10.05%
Competitors
Kinetic history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from Jul 23, 2024 to Nov 5, 2026.
All-time high TVL: $140.9m on Nov 11, 2025. All-time low TVL: $1.13m on Aug 8, 2024.
Daily TVL, Oct 7, 2026 to Nov 5, 2026
| Date | TVL |
|---|---|
| Oct 7, 2026 | $38.77m |
| Oct 8, 2026 | $36.98m |
| Oct 9, 2026 | $35.63m |
| Oct 10, 2026 | $36.37m |
| Oct 11, 2026 | $36.7m |
| Oct 12, 2026 | $36.64m |
| Oct 13, 2026 | $35.02m |
| Oct 14, 2026 | $35.71m |
| Oct 15, 2026 | $34.51m |
| Oct 16, 2026 | $34.48m |
| Oct 17, 2026 | $33.92m |
| Oct 18, 2026 | $33.51m |
| Oct 19, 2026 | $33.53m |
| Oct 20, 2026 | $33.21m |
| Oct 21, 2026 | $34.12m |
| Oct 22, 2026 | $34.49m |
| Oct 23, 2026 | $33.06m |
| Oct 24, 2026 | $32.71m |
| Oct 25, 2026 | $32.94m |
| Oct 26, 2026 | $32.83m |
| Oct 27, 2026 | $33.3m |
| Oct 28, 2026 | $33.88m |
| Oct 29, 2026 | $33.57m |
| Oct 30, 2026 | $31.06m |
| Oct 31, 2026 | $31.33m |
| Nov 1, 2026 | $31.54m |
| Nov 2, 2026 | $31.64m |
| Nov 3, 2026 | $31.49m |
| Nov 4, 2026 | $32.12m |
| Nov 5, 2026 | $32.76m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $8.57m |
| Jan 31, 2025 | $10.08m |
| Feb 28, 2025 | $9.6m |
| Mar 31, 2025 | $11.38m |
| Apr 30, 2025 | $25.93m |
| May 31, 2025 | $62.89m |
| Jun 30, 2025 | $61.3m |
| Jul 31, 2025 | $58.19m |
| Aug 31, 2025 | $55.24m |
| Sep 30, 2025 | $62.74m |
| Oct 31, 2025 | $116.23m |
| Nov 30, 2025 | $129.13m |
| Dec 31, 2025 | $104.2m |
| Jan 31, 2026 | $101.52m |
| Feb 25, 2026 | $75.95m |
| Mar 31, 2026 | $56.26m |
| Apr 30, 2026 | $59.17m |
| May 31, 2026 | $51.06m |
| Jun 30, 2026 | $32.31m |
| Jul 31, 2026 | $32.27m |
| Aug 31, 2026 | $36.31m |
| Sep 30, 2026 | $39.05m |
| Oct 31, 2026 | $31.33m |
| Nov 5, 2026 (latest) | $32.76m |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $8.57m |
| Dec 31, 2025 | $104.2m |
Fees, revenue and holders revenue by UTC calendar month, Sep 2025 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Sep 2025 | $51,777 | $9,691 | $0 |
| Oct 2025 | $241,673 | $44,869 | $0 |
| Nov 2025 | $124,573 | $20,496 | $0 |
| Dec 2025 | $114,547 | $17,921 | $0 |
| Jan 2026 | $108,884 | $17,279 | $0 |
| Feb 2026 | $74,590 | $11,990 | $0 |
| Mar 2026 | $84,739 | $13,765 | $0 |
| Apr 2026 | $84,708 | $13,851 | $0 |
| May 2026 | $110,286 | $17,942 | $0 |
| Jun 2026 | $93,502 | $15,209 | $0 |
| Jul 2026 | $105,053 | $17,196 | $0 |
| Aug 2026 | $86,835 | $14,086 | $0 |
| Sep 2026 | $101,015 | $16,352 | $0 |
| Oct 2026 | $101,200 | $16,165 | $0 |
| Nov 2026 (to date) | $15,124 | $2,397 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/kinetic
Frequently asked questions
What is Kinetic's TVL?
As of Nov 5, 2026, Kinetic has $32.86m in total value locked. TVL has decreased 15.9% over the past 30 days.
What chains does Kinetic operate on?
Kinetic operates on Flare. Flare holds the largest share at 100%.
How much has Kinetic generated in fees and revenue?
Over the past 30 days, Kinetic generated $96,225 in fees. Of that, $15,362 was protocol revenue. Based on the trailing year, the annualized rate is $1.19m in fees and $191,640 in revenue.
What is the JOULE token price and valuation?
JOULE is currently trading at $0.00027. Its circulating market capitalization is $309,438, ranking it #5,165. Its fully diluted valuation is $311,086. Supply currently stands at 1.16b circulating, 1.166b total supply, 1.5b maximum supply.
How has JOULE performed recently?
JOULE is up 0.5% over the past 7 days and down 10.5% over the past 30 days. Its all-time high is $0.067, reached on Oct 14, 2024. The token is currently 99.6% below that level.
How does Kinetic's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Kinetic ranks #43 by TVL. The category holds $52.432b across 521 protocols, and Kinetic accounts for 0.1% of that total. Similar protocols include Morpho Blue, Mystic Finance Lending, Templar Lending, Lodestar Protocol, FlareBank Lending, Aave V3, SparkLend, JustLend V1, Maple, and Hyperliquid Earn.
How much has been borrowed through Kinetic?
As of Nov 5, 2026, Kinetic has $10.97m in active loans.