Ask about KPK · freeTotal Value Locked$218.32m
TVL by Chain
Ethereum$192.06m
dYdX$12.39m
Gnosis$7.55m
Base$4.97m
Arbitrum$1.09m
Robinhood Chain$190,299
BSC$74,596
Arc$5.58
OP Mainnet$0
Polygon$0
Avalanche$0
Key Metrics
Fees 30d$179,085
Fees 30d by chain
Ethereum$178,968
Arbitrum$113.13
Fees 7d$45,426
Ethereum$45,416
Arbitrum$9.52
Fees 24h$7,168
Ethereum$7,167
Arbitrum$0.84
Cumulative Fees$1.21m
Ethereum$1.18m
Arbitrum$28,683
Revenue 30d$99.70
Revenue 30d by chain
Ethereum$99.70
Arbitrum$0
Revenue 7d$20.70
Ethereum$20.70
Arbitrum$0
Revenue 24h$0
Arbitrum$0
Ethereum$0
Cumulative Revenue$1,741
Ethereum$1,741
Arbitrum$0
Holders Revenue 30d$0
Holders Revenue 30d by chain
Arbitrum$0
Ethereum$0
Holders Revenue 7d$0
Arbitrum$0
Ethereum$0
Holders Revenue 24h$0
Arbitrum$0
Ethereum$0
Cumulative Holders Revenue$0
Arbitrum$0
Ethereum$0
Treasury$13.83m
Majors$3.8m
Stablecoins$8.15m
Own Tokens$0
Others$1.88m
Total Raised$7m
Oct 22, 2024$7mRound: Investors: AppWorks, Wintermute Ventures, Borderless Capital, Thanefield Capital, Stake Capital, Saison Capital, Zeal Capital, G20 Ventures, Stani Kulechov, Mark Zeller
Protocol Information
KPK is a noncustodial onchain asset manager for DAOs, institutions and capital allocators, actively managing capital across DeFi since 2020. Over $7.9bn deployed onchain.
Latest from DefiLlama Research
Visit DefiLlama Research
Methodology
TVL: Sum of curated vault deposits (Morpho, Aleph, Euler, Gearbox), Gearbox v3.1 credit account collateral, kpk Fund AUM, positions in Safes actively managed by kpk via Zodiac Roles Modifier, and the dYdX mandate's DYDX delegated, unbonding and held on dYdX chain.View code on GitHubFees: Gross interest/yield from KPK-curated Morpho and Euler vaults, plus realized Gearbox TreasurySplitter inflows.View code on GitHubRevenue: Curator's cut: Euler 5% interestFee on KPK's underlying markets + 50% of Gearbox TreasurySplitter inflows. Morpho is excluded (KPK charges a 0% curator fee on Morpho).View code on GitHubHolders Revenue: View code on GitHubTreasury: Value of tokens owned by the protocolCompetitors
KPK history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jan 1, 2022 to Oct 18, 2026.
All-time high TVL: $1.381b on Dec 9, 2024. All-time low TVL: $13,890 on Jan 1, 2022.
Daily TVL, Sep 19, 2026 to Oct 18, 2026
| Date | TVL |
|---|---|
| Sep 19, 2026 | $208.88m |
| Sep 20, 2026 | $210.23m |
| Sep 21, 2026 | $216.4m |
| Sep 22, 2026 | $229.77m |
| Sep 23, 2026 | $228.88m |
| Sep 24, 2026 | $225.55m |
| Sep 25, 2026 | $226.46m |
| Sep 26, 2026 | $227.26m |
| Sep 27, 2026 | $229.3m |
| Sep 28, 2026 | $228.86m |
| Sep 29, 2026 | $228.12m |
| Sep 30, 2026 | $227.26m |
| Oct 1, 2026 | $229.98m |
| Oct 2, 2026 | $233.76m |
| Oct 3, 2026 | $233.86m |
| Oct 4, 2026 | $234.66m |
| Oct 5, 2026 | $236.05m |
| Oct 6, 2026 | $235.49m |
| Oct 7, 2026 | $231.49m |
| Oct 8, 2026 | $224.8m |
| Oct 9, 2026 | $220.41m |
| Oct 10, 2026 | $222.03m |
| Oct 11, 2026 | $223.04m |
| Oct 12, 2026 | $224.6m |
| Oct 13, 2026 | $219.1m |
| Oct 14, 2026 | $222.29m |
| Oct 15, 2026 | $218.6m |
| Oct 16, 2026 | $219.14m |
| Oct 17, 2026 | $219.63m |
| Oct 18, 2026 | $218.56m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $1.159b |
| Dec 31, 2024 | $1.169b |
| Jan 31, 2025 | $1.069b |
| Feb 28, 2025 | $822.9m |
| Mar 31, 2025 | $699.51m |
| Apr 30, 2025 | $726.59m |
| May 31, 2025 | $854.62m |
| Jun 30, 2025 | $807.76m |
| Jul 31, 2025 | $934.86m |
| Aug 31, 2025 | $656.06m |
| Sep 30, 2025 | $719.73m |
| Oct 31, 2025 | $670.25m |
| Nov 30, 2025 | $601.26m |
| Dec 31, 2025 | $253.16m |
| Jan 31, 2026 | $221.16m |
| Feb 28, 2026 | $194.64m |
| Mar 31, 2026 | $202.63m |
| Apr 30, 2026 | $197.24m |
| May 31, 2026 | $199.2m |
| Jun 30, 2026 | $151.07m |
| Jul 31, 2026 | $156.46m |
| Aug 31, 2026 | $198.15m |
| Sep 30, 2026 | $227.26m |
| Oct 18, 2026 (latest) | $218.56m |
TVL at each year end, Dec 31, 2022 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2022 | $146.58m |
| Dec 31, 2023 | $561.22m |
| Dec 31, 2024 | $1.169b |
| Dec 31, 2025 | $253.16m |
Fees, revenue and holders revenue by UTC calendar month, Oct 2025 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Oct 2025 | $8,732 | $327 | $0 |
| Nov 2025 | $46,806 | $0 | $0 |
| Dec 2025 | $48,576 | $0 | $0 |
| Jan 2026 | $88,698 | $0 | $0 |
| Feb 2026 | $94,563 | $0 | $0 |
| Mar 2026 | $87,310 | $0 | $0 |
| Apr 2026 | $101,562 | $110 | $0 |
| May 2026 | $92,681 | $8.59 | $0 |
| Jun 2026 | $110,235 | $78.97 | $0 |
| Jul 2026 | $121,191 | $227.98 | $0 |
| Aug 2026 | $139,145 | $873.21 | $0 |
| Sep 2026 | $161,782 | $16 | $0 |
| Oct 2026 (to date) | $112,363 | $99.70 | $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/kpk
Frequently asked questions
What is KPK's TVL?
As of Oct 18, 2026, KPK has $218.32m in total value locked. TVL has increased 8.7% over the past 30 days.
What chains does KPK operate on?
KPK operates on 11 chains: Ethereum, dYdX, Gnosis, Base, and Arbitrum and 6 others. Ethereum holds the largest share at 88%.
How much has KPK generated in fees and revenue?
Over the past 30 days, KPK generated $179,085 in fees. Of that, $99.70 was protocol revenue. Based on the trailing year, the annualized rate is $1.21m in fees and $1,756 in revenue.
How does KPK's TVL compare to similar protocols?
Among Risk Curators protocols tracked by DefiLlama, KPK ranks #8 by TVL. The category holds $9.515b across 96 protocols, and KPK accounts for 2.3% of that total. Other leading protocols include Re7 Labs, Steakhouse Financial, Gauntlet, MEV Capital, K3 Capital, Clearstar, Gami Labs, UltraYield Curator, Tulipa Capital, and RockawayX.
Does KPK have a treasury?
KPK has a tracked treasury currently valued at $13.83m. Its holdings include $8.15m in stablecoins, $3.8m in major assets, $1.88m in other assets.