Protocol Information
LaDAO is the organization bringing Defi and web3 to Mexico. We created and maintain $XOC; the first decentralized stablecoin with close peg to the mexican (MXN) peso. The xocolatl protocol is the system that allows $XOC to be minted or burned using overcollateralization of crypto assets
Audits:
Methodology
TVL: Counts all the tokens being used as collateral in the House of Reserves contracts that back $XOC. $XOC is the first decentralized stablecoin with peg close to the mexican (MXN) peso.View code on GitHubCompetitors
LaDAO Xocolatl history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Aug 22, 2022 to Oct 24, 2026.
All-time high TVL: $28,963 on Aug 14, 2025. All-time low TVL: $735 on Aug 22, 2022.
Daily TVL, Sep 25, 2026 to Oct 24, 2026
| Date | TVL |
|---|---|
| Sep 25, 2026 | $14,515 |
| Sep 26, 2026 | $14,468 |
| Sep 27, 2026 | $14,523 |
| Sep 28, 2026 | $14,333 |
| Sep 29, 2026 | $14,435 |
| Sep 30, 2026 | $14,373 |
| Oct 1, 2026 | $14,436 |
| Oct 2, 2026 | $14,565 |
| Oct 3, 2026 | $14,402 |
| Oct 4, 2026 | $14,516 |
| Oct 5, 2026 | $14,733 |
| Oct 6, 2026 | $14,628 |
| Oct 7, 2026 | $14,137 |
| Oct 8, 2026 | $13,974 |
| Oct 9, 2026 | $13,504 |
| Oct 10, 2026 | $13,556 |
| Oct 11, 2026 | $13,672 |
| Oct 12, 2026 | $13,844 |
| Oct 13, 2026 | $13,514 |
| Oct 14, 2026 | $13,676 |
| Oct 15, 2026 | $13,232 |
| Oct 16, 2026 | $13,319 |
| Oct 17, 2026 | $13,239 |
| Oct 18, 2026 | $13,181 |
| Oct 19, 2026 | $13,214 |
| Oct 20, 2026 | $13,206 |
| Oct 21, 2026 | $13,383 |
| Oct 22, 2026 | $13,373 |
| Oct 23, 2026 | $13,190 |
| Oct 24, 2026 | $13,029 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $22,046 |
| Dec 31, 2024 | $20,528 |
| Jan 31, 2025 | $20,616 |
| Feb 28, 2025 | $13,996 |
| Mar 31, 2025 | $12,277 |
| Apr 30, 2025 | $12,693 |
| May 31, 2025 | $16,619 |
| Jun 30, 2025 | $16,815 |
| Jul 31, 2025 | $24,068 |
| Aug 31, 2025 | $26,956 |
| Sep 30, 2025 | $25,909 |
| Oct 31, 2025 | $23,646 |
| Nov 30, 2025 | $18,738 |
| Dec 31, 2025 | $18,520 |
| Jan 31, 2026 | $16,996 |
| Feb 28, 2026 | $12,361 |
| Mar 31, 2026 | $11,128 |
| Apr 30, 2026 | $12,319 |
| May 31, 2026 | $11,304 |
| Jun 30, 2026 | $8,893 |
| Jul 31, 2026 | $10,437 |
| Aug 31, 2026 | $13,131 |
| Sep 30, 2026 | $14,373 |
| Oct 24, 2026 (latest) | $13,029 |
TVL at each year end, Dec 31, 2022 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2022 | $3,650 |
| Dec 31, 2023 | $17,952 |
| Dec 31, 2024 | $20,528 |
| Dec 31, 2025 | $18,520 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/ladao-xocolatl
Frequently asked questions
What is LaDAO Xocolatl's TVL?
As of Oct 24, 2026, LaDAO Xocolatl has $13,021 in total value locked. TVL has decreased 10% over the past 30 days.
What chains does LaDAO Xocolatl operate on?
LaDAO Xocolatl operates on 2 chains: Polygon and BSC. Polygon holds the largest share at 99.3%.
How does LaDAO Xocolatl's TVL compare to similar protocols?
Among CDP protocols tracked by DefiLlama, LaDAO Xocolatl ranks #122 by TVL. The category holds $7.766b across 200 protocols, and LaDAO Xocolatl accounts for <0.1% of that total. Similar protocols include QiDao, Angle, Davos Protocol, MahaDAO Arth, USDD, Lista CDP, Reservoir Protocol, BitU Protocol, BIMA CDP, and Abracadabra Spell.