Total Value Locked$13.1m
TVL by Chain
Berachain$13.1m
Key Metrics
Fees 30d$40,832
Fees 30d by chain
Berachain$40,389
Orderly Network$442.68
Fees 7d$10,774
Berachain$10,763
Orderly Network$11.66
Fees 24h$481.02
Berachain$479.88
Orderly Network$1.14
Cumulative Fees$11.42m
Berachain$11.07m
Orderly Network$343,414
Revenue 30d$14,560
Revenue 30d by chain
Berachain$14,118
Orderly Network$442.68
Revenue 7d$3,775
Berachain$3,763
Orderly Network$11.66
Revenue 24h$172.29
Berachain$171.15
Orderly Network$1.14
Cumulative Revenue$4.17m
Berachain$3.82m
Orderly Network$343,414
Holders Revenue 30d$8,469
Holders Revenue 30d by chain
Berachain$8,469
Orderly Network$0
Holders Revenue 7d$2,258
Berachain$2,258
Orderly Network$0
Holders Revenue 24h$102.09
Berachain$102.09
Orderly Network$0
Cumulative Holders Revenue$293,086
Berachain$293,086
Orderly Network$0
Incentives 1y$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$1.2m
Earnings 30d$14,560
Earnings 7d$3,775
Earnings 24h$172.29
Cumulative Earnings$4.17m
DEX Volume 30d$22.59m
DEX Volume 30d by chain
Berachain$22.59m
DEX Volume 7d$5.9m
Berachain$5.9m
DEX Volume 24h$300,491
Berachain$300,491
Cumulative DEX Volume$6.466b
Berachain$6.466b
Perp Volume 30d$2.42m
Perp Volume 30d by chain
Orderly Network$2.42m
Perp Volume 7d$108,373
Orderly Network$108,373
Perp Volume 24h$10,932
Orderly Network$10,932
Cumulative Perp Volume$896.59m
Orderly Network$896.59m
Market Cap$1.31m
$KDK Price$0.089
Fully Diluted Valuation$8.89m
Outstanding FDV$7.67m
$KDK Volume 24h$14,179
CEX Volume$6,956
DEX Volume$7,373(52% of total)
Total Raised$4.9m
Feb 5, 2024$2mRound: SeedInvestors: Amber Group, Shima Capital, Build-a-Bera, No Limit Holdings, Ouroboros Capital, Axiom, Dao5, ODA Capital, Kenetic Capital, Dewhales Capital, Tenzor Capital, Lotus Capital, Owl Ventures, Nonce Classic, 3Commas, Wizards Capital, Credo Ventures, Block Infinity, blocmates, Dorahacks, Moni, Gainzy, Altcoin Sherpa, naniXBT, Mckenna, MrBlock, Evan Luthra, John Fiorelli, Kirby Ong
Dec 18, 2025$2.9mRound: Series AInvestors: Amber Group, Hack VC, CitizenX, Cypher Capital, SMAPE Capital, Rubik Ventures, Aquanow
Protocol Information
Berachain's Native Liquidity Hub
- Kodiak IslandsLiquidity Manager
- Kodiak V3Dexs
- Kodiak V2Dexs
- Kodiak PerpsInterface
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
Holders Revenue:
DEX Volume: Volume of all spot token swaps on the DEX
Perp Volume: Notional volume of all trades including leverage on the perp exchange
Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Kodiak history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Feb 6, 2025 to Oct 20, 2026.
All-time high TVL: $1.39b on Apr 4, 2025. All-time low TVL: $12.56m on Sep 11, 2026.
Daily TVL, Sep 21, 2026 to Oct 20, 2026
| Date | TVL |
|---|---|
| Sep 21, 2026 | $15.68m |
| Sep 22, 2026 | $16m |
| Sep 23, 2026 | $16.58m |
| Sep 24, 2026 | $16.36m |
| Sep 25, 2026 | $14.16m |
| Sep 26, 2026 | $18.15m |
| Sep 27, 2026 | $18.28m |
| Sep 28, 2026 | $16.68m |
| Sep 29, 2026 | $16.48m |
| Sep 30, 2026 | $18.66m |
| Oct 1, 2026 | $18.83m |
| Oct 2, 2026 | $18.66m |
| Oct 3, 2026 | $16.2m |
| Oct 4, 2026 | $18.53m |
| Oct 5, 2026 | $18.59m |
| Oct 6, 2026 | $16.87m |
| Oct 7, 2026 | $16.88m |
| Oct 8, 2026 | $18.28m |
| Oct 9, 2026 | $17.97m |
| Oct 10, 2026 | $17.9m |
| Oct 11, 2026 | $17.99m |
| Oct 12, 2026 | $16.17m |
| Oct 13, 2026 | $17.71m |
| Oct 14, 2026 | $17.97m |
| Oct 15, 2026 | $16.11m |
| Oct 16, 2026 | $15.95m |
| Oct 17, 2026 | $15.64m |
| Oct 18, 2026 | $15.55m |
| Oct 19, 2026 | $15.38m |
| Oct 20, 2026 | $13.01m |
TVL at each month end, Feb 2025 to Oct 2026
| Date | TVL |
|---|---|
| Feb 28, 2025 | $1.049b |
| Mar 31, 2025 | $1.198b |
| Apr 30, 2025 | $1.339b |
| May 31, 2025 | $338.63m |
| Jun 30, 2025 | $150m |
| Jul 31, 2025 | $214.47m |
| Aug 31, 2025 | $178.8m |
| Sep 30, 2025 | $224.94m |
| Oct 31, 2025 | $189.49m |
| Nov 30, 2025 | $94.59m |
| Dec 31, 2025 | $75.95m |
| Jan 31, 2026 | $53.37m |
| Feb 28, 2026 | $47.51m |
| Mar 31, 2026 | $35.15m |
| Apr 30, 2026 | $30.72m |
| May 31, 2026 | $28.67m |
| Jun 30, 2026 | $17.14m |
| Jul 31, 2026 | $15.9m |
| Aug 31, 2026 | $13.75m |
| Sep 30, 2026 | $18.66m |
| Oct 20, 2026 (latest) | $13.01m |
Fees, revenue and holders revenue by UTC calendar month, Feb 2025 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Feb 2025 | $789,100 | $257,550 | $0 |
| Mar 2025 | $1.12m | $372,142 | $0 |
| Apr 2025 | $2.06m | $713,589 | $0 |
| May 2025 | $1.44m | $502,296 | $0 |
| Jun 2025 | $649,835 | $226,477 | $0 |
| Jul 2025 | $773,989 | $269,925 | $0 |
| Aug 2025 | $714,740 | $249,614 | $0 |
| Sep 2025 | $491,378 | $171,520 | $0 |
| Oct 2025 | $843,360 | $332,991 | $0 |
| Nov 2025 | $588,834 | $253,292 | $0 |
| Dec 2025 | $420,058 | $201,004 | $0 |
| Jan 2026 | $438,637 | $192,442 | $79,429 |
| Feb 2026 | $442,076 | $168,452 | $88,193 |
| Mar 2026 | $215,680 | $98,129 | $37,958 |
| Apr 2026 | $118,400 | $44,055 | $23,976 |
| May 2026 | $80,249 | $29,838 | $16,247 |
| Jun 2026 | $92,766 | $34,169 | $18,881 |
| Jul 2026 | $37,485 | $13,810 | $7,621 |
| Aug 2026 | $35,496 | $12,724 | $7,327 |
| Sep 2026 | $41,397 | $15,094 | $8,468 |
| Oct 2026 (to date) | $23,867 | $8,409 | $4,985 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/kodiak
Frequently asked questions
What is Kodiak's TVL?
As of Oct 20, 2026, Kodiak has $13.1m in total value locked. TVL has decreased 16.3% over the past 30 days.
What chains does Kodiak operate on?
Kodiak operates on 2 chains: Berachain and Orderly Network. Berachain holds the largest share at 100%.
How much has Kodiak generated in fees and revenue?
Over the past 30 days, Kodiak generated $40,832 in fees. Of that, $14,560 was protocol revenue. Based on the trailing year, the annualized rate is $2.81m in fees and $1.2m in revenue.
What is the KDK token price and valuation?
KDK is currently trading at $0.089. Its circulating market capitalization is $1.31m, ranking it #3,180. Its fully diluted valuation is $8.89m. Supply currently stands at 14.75m circulating, 100m total supply, 100m maximum supply.
How has KDK performed recently?
KDK is down 4.1% over the past 7 days and down 10.6% over the past 30 days. Its all-time high is $0.46, reached on Dec 24, 2025. The token is currently 80.7% below that level.
Which protocols are included in Kodiak?
Kodiak is a parent protocol whose tracked products include Kodiak Islands, Kodiak V3, Kodiak V2, and Kodiak Perps.
How much trading volume does Kodiak process?
Kodiak processed $22.59m in DEX volume over the past 30 days.

