Ask about Liquity · freeTotal Value Locked$197.76m
TVL by Chain
Ethereum$197.76m
Key Metrics
Fees 30d$1.04m
Fees 30d by chain
Ethereum$1.04m
Fees 7d$66,233
Ethereum$66,233
Fees 24h$9,921
Ethereum$9,921
Cumulative Fees$88.99m
Ethereum$88.99m
Revenue 30d$175,053
Revenue 30d by chain
Ethereum$175,053
Revenue 7d$23,285
Ethereum$23,285
Revenue 24h$2,597
Ethereum$2,597
Cumulative Revenue$36.21m
Ethereum$36.21m
Holders Revenue 30d$144,497
Holders Revenue 30d by chain
Ethereum$144,497
Holders Revenue 7d$17,027
Ethereum$17,027
Holders Revenue 24h$1,632
Ethereum$1,632
Cumulative Holders Revenue$35.51m
Ethereum$35.51m
Incentives 1y$262,254
Incentives 30d$2,914
Incentives 7d$516.28
Incentives 24h$0.000076
Cumulative Incentives$200.23m
Earnings (Annualized)$377,956
Earnings 30d$172,139
Earnings 7d$22,769
Earnings 24h$2,597
Cumulative Earnings-$164.03m
Collateral Liquidated 30d$153,869
Collateral Liquidated 30d by chain
Ethereum$153,869
Collateral Liquidated 7d$21,482
Ethereum$21,482
Collateral Liquidated 24h$21,482
Ethereum$21,482
Cumulative Collateral Liquidated$153,869
Ethereum$153,869
Market Cap$14.15m
$LQTY Price$0.14
Fully Diluted Valuation$14.31m
Outstanding FDV$14.57m
$LQTY Volume 24h$1.49m
CEX Volume$3.03m
DEX Volume$648,281(43.52% of total)
Staked$7.75m(54.77% of mcap)
Treasury$1.46m
Majors$26,965
Stablecoins$1.15m
Own Tokens$8,907
Others$277,883
Total Raised$6m
Mar 30, 2021$6mRound: Series AInvestors: Pantera Capital, Nima Capital, Alameda Research, IOSG, AngelDAO, Bo Shen, Meltem Demirors, David Hoffmann, Calvin Liu, George Lambeth, Tomahawk VC, Lemniscap, 1kx, Greenfield Capital
Protocol Information
Liquity is a decentralized and immutable borrowing protocol that allows you to draw capital efficient loans against ETH and LSTs.
- Liquity V1CDP
- Liquity V2CDP
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
Holders Revenue:
Collateral Liquidated: USD value of collateral seized during protocol liquidations
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
Yields
Pools Tracked3
Average Supply APY5.57%
User Activity
Active Addresses (24h)3
New Addresses (24h)0
Transactions (24h)17
Gas Used (24h)0.01 ETH
Gas Cost (24h)$23.14
Competitors
Liquity history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Apr 6, 2021 to Nov 15, 2026.
All-time high TVL: $4.523b on May 11, 2021. All-time low TVL: $163.59m on Apr 9, 2025.
Daily TVL, Oct 17, 2026 to Nov 15, 2026
| Date | TVL |
|---|---|
| Oct 17, 2026 | $269.28m |
| Oct 18, 2026 | $267.74m |
| Oct 19, 2026 | $268.4m |
| Oct 20, 2026 | $266.48m |
| Oct 21, 2026 | $272.16m |
| Oct 22, 2026 | $274.91m |
| Oct 23, 2026 | $265.82m |
| Oct 24, 2026 | $264.4m |
| Oct 25, 2026 | $260.8m |
| Oct 26, 2026 | $258.73m |
| Oct 27, 2026 | $258.68m |
| Oct 28, 2026 | $260.87m |
| Oct 29, 2026 | $260.49m |
| Oct 30, 2026 | $240.44m |
| Oct 31, 2026 | $243.06m |
| Nov 1, 2026 | $244.5m |
| Nov 2, 2026 | $246.18m |
| Nov 3, 2026 | $244.53m |
| Nov 4, 2026 | $246.27m |
| Nov 5, 2026 | $262.95m |
| Nov 6, 2026 | $243.32m |
| Nov 7, 2026 | $244.03m |
| Nov 8, 2026 | $244.05m |
| Nov 9, 2026 | $232.88m |
| Nov 10, 2026 | $232.15m |
| Nov 11, 2026 | $223.91m |
| Nov 12, 2026 | $225.68m |
| Nov 13, 2026 | $220.62m |
| Nov 14, 2026 | $214.25m |
| Nov 15, 2026 | $193.83m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $413.5m |
| Jan 31, 2025 | $425.1m |
| Feb 28, 2025 | $288.94m |
| Mar 31, 2025 | $208.74m |
| Apr 30, 2025 | $197.57m |
| May 31, 2025 | $315.16m |
| Jun 30, 2025 | $349.55m |
| Jul 31, 2025 | $503.67m |
| Aug 31, 2025 | $542.33m |
| Sep 30, 2025 | $496.79m |
| Oct 31, 2025 | $455.85m |
| Nov 30, 2025 | $373.87m |
| Dec 31, 2025 | $357.29m |
| Jan 31, 2026 | $318.32m |
| Feb 28, 2026 | $234.84m |
| Mar 31, 2026 | $244.33m |
| Apr 30, 2026 | $278.38m |
| May 31, 2026 | $231.32m |
| Jun 30, 2026 | $188.4m |
| Jul 31, 2026 | $213.1m |
| Aug 31, 2026 | $268.82m |
| Sep 30, 2026 | $298.47m |
| Oct 31, 2026 | $243.06m |
| Nov 15, 2026 (latest) | $193.83m |
TVL at each year end, Dec 31, 2021 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2021 | $1.83b |
| Dec 31, 2022 | $411.25m |
| Dec 31, 2023 | $728.3m |
| Dec 31, 2024 | $413.5m |
| Dec 31, 2025 | $357.29m |
Fees, revenue and holders revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Dec 2024 | $80,557 | $52,786 | $52,786 |
| Jan 2025 | $336,665 | $84,684 | $69,264 |
| Feb 2025 | $329,909 | $117,807 | $92,401 |
| Mar 2025 | $122,244 | $91,150 | $85,454 |
| Apr 2025 | $52,481 | $38,180 | $35,952 |
| May 2025 | $55,394 | $11,016 | $4,624 |
| Jun 2025 | $403,858 | $49,315 | $13,047 |
| Jul 2025 | $210,345 | $53,006 | $9,051 |
| Aug 2025 | $222,393 | $50,279 | $9,859 |
| Sep 2025 | $260,433 | $55,511 | $2,861 |
| Oct 2025 | $338,614 | $67,069 | $16,488 |
| Nov 2025 | $650,125 | $51,966 | $12,130 |
| Dec 2025 | $236,683 | $64,378 | $20,816 |
| Jan 2026 | $167,799 | $48,637 | $13,037 |
| Feb 2026 | $190,944 | $53,836 | $14,547 |
| Mar 2026 | $96,639 | $29,028 | $11,746 |
| Apr 2026 | $142,584 | $36,943 | $3,776 |
| May 2026 | $55,680 | $13,486 | $1,143 |
| Jun 2026 | $200,711 | $42,934 | $6,681 |
| Jul 2026 | $191,361 | $45,567 | $164.54 |
| Aug 2026 | $206,398 | $61,133 | $17,762 |
| Sep 2026 | $152,133 | $27,334 | $1,678 |
| Oct 2026 | $1.02m | $157,848 | $125,688 |
| Nov 2026 (to date) | $117,576 | $33,984 | $20,287 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/liquity
Frequently asked questions
What is Liquity's TVL?
As of Nov 15, 2026, Liquity has $197.76m in total value locked. TVL has decreased 27.2% over the past 30 days.
What chains does Liquity operate on?
Liquity operates on Ethereum. Ethereum holds the largest share at 100%.
How much has Liquity generated in fees and revenue?
Over the past 30 days, Liquity generated $1.04m in fees. Of that, $175,053 was protocol revenue. Based on the trailing year, the annualized rate is $3.33m in fees and $640,210 in revenue.
What is the LQTY token price and valuation?
LQTY is currently trading at $0.14. Its circulating market capitalization is $14.18m, ranking it #1,175. Its fully diluted valuation is $14.34m. Supply currently stands at 98.86m circulating, 100m total supply, 100m maximum supply.
How has LQTY performed recently?
LQTY is down 16.9% over the past 7 days and down 29.1% over the past 30 days. Its all-time high is $146.94, reached on Apr 5, 2021. The token is currently 99.9% below that level.
How does Liquity's TVL compare to similar protocols?
Among CDP protocols tracked by DefiLlama, Liquity ranks #3 by TVL. The category holds $5.33b across 197 protocols, and Liquity accounts for 3.7% of that total. Similar protocols include Sky Lending, USDD, Reservoir Protocol, crvUSD, Frankencoin, Inverse Finance FiRM, BIMA CDP, Monolith Market, Swan DAO, and mStable V2.
How many yield pools does Liquity have?
DefiLlama tracks 3 Liquity yield pools with an average APY of 5.6%.
Does Liquity have a treasury?
Liquity has a tracked treasury currently valued at $1.46m. Its holdings include $1.15m in stablecoins, $26,965 in major assets, $8,907 in its own tokens, $277,883 in other assets.