Ask about Kinetic · freeTotal Value Locked$25.84m
TVL by Chain
Flare$25.84m
Key Metrics
Fees 30d$82,485
Fees 30d by chain
Flare$82,485
Fees 7d$15,719
Flare$15,719
Fees 24h$2,481
Flare$2,481
Cumulative Fees$1.51m
Flare$1.51m
Revenue 30d$13,197
Revenue 30d by chain
Flare$13,197
Revenue 7d$2,525
Flare$2,525
Revenue 24h$391
Flare$391
Cumulative Revenue$251,654
Flare$251,654
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$646,430
Collateral Liquidated 30d by chain
Flare$646,430
Collateral Liquidated 7d$553,751
Flare$553,751
Collateral Liquidated 24h$48,957
Flare$48,957
Cumulative Collateral Liquidated$646,430
Flare$646,430
Market Cap$284,251
$JOULE Price$0.00024
Fully Diluted Valuation$285,747
$JOULE Volume 24h$102.17
CEX Volume$0
DEX Volume$102.78(100.6% of total)
Active Loans$9.47m
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 APY8.3%
Largest Pools by TVL
isoFXRPFlare$19.4m
isoUSDT0Flare$4.47m
kSFLRFlare$3.58m
kUSDT0Flare$2.59m
kFLRETHFlare$1.81m
All pools above $1m (7)
Competitors
Kinetic history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from Jul 23, 2024 to Nov 13, 2026.
All-time high TVL: $140.9m on Nov 11, 2025. All-time low TVL: $1.13m on Aug 8, 2024.
Daily TVL, Oct 15, 2026 to Nov 13, 2026
| Date | TVL |
|---|---|
| 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 |
| Nov 6, 2026 | $30.49m |
| Nov 7, 2026 | $30.15m |
| Nov 8, 2026 | $29.67m |
| Nov 9, 2026 | $28.64m |
| Nov 10, 2026 | $28m |
| Nov 11, 2026 | $26.96m |
| Nov 12, 2026 | $26.88m |
| Nov 13, 2026 | $26.35m |
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 13, 2026 (latest) | $26.35m |
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) | $32,806 | $5,233 | $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 13, 2026, Kinetic has $25.84m in total value locked. TVL has decreased 27.7% 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 $82,485 in fees. Of that, $13,197 was protocol revenue. Based on the trailing year, the annualized rate is $1.17m in fees and $189,479 in revenue.
What is the JOULE token price and valuation?
JOULE is currently trading at $0.00025. Its circulating market capitalization is $287,534, ranking it #5,057. Its fully diluted valuation is $289,062. Supply currently stands at 1.165b circulating, 1.172b total supply, 1.5b maximum supply.
How has JOULE performed recently?
JOULE is down 3.9% over the past 7 days and down 15.1% 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 #46 by TVL. The category holds $46.872b across 520 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 13, 2026, Kinetic has $9.47m in active loans.