Total Value Locked$79.98m
TVL by Chain
BSC$79.98m
Ethereum$136.38
Key Metrics
Fees 30d$2,920
Fees 30d by chain
BSC$2,998
Ethereum$0.01
Fees 7d-$1.46
BSC$1.63
Ethereum$0
Fees 24h$0
BSC$0
Ethereum$0
Cumulative Fees$3.1m
BSC$3.28m
Ethereum$2.32
Revenue 30d$149.73
Revenue 30d by chain
BSC$149.73
Ethereum$0
Revenue 7d$0.08
BSC$0.08
Ethereum$0
Revenue 24h$0
BSC$0
Ethereum$0
Cumulative Revenue$164,151
BSC$164,151
Ethereum$0.05
Holders Revenue 30d$0
Holders Revenue 30d by chain
BSC$0
Ethereum$0
Holders Revenue 7d$0
BSC$0
Ethereum$0
Holders Revenue 24h$0
BSC$0
Ethereum$0
Cumulative Holders Revenue$0
BSC$0
Ethereum$0
Protocol Information
sUSD1+ is a value-accruing yield-generating stablecoin developed by Lorenzo Labs. Users can mint sUSD1+ by depositing major stablecoins such as USD1, USDT, or USDC
Methodology
TVL: Lorenzo sUSD1+ is a vault that represents tokenized real-world assets. The protocol maintains a Net Asset Value (NAV) that reflects the current value of the underlying asset portfolio per token.View code on GitHubFees: Total yield from sUSD1+ vault strategies (delta-neutral basis trading, RWA yields, DeFi). Lorenzo takes a 5% fee on positive yields off-chain before updating the NAV.View code on GitHubRevenue: Lorenzo takes a 5% performance fee on positive yields, deducted off-chain before the on-chain NAV update.View code on GitHubHolders Revenue: View code on GitHubCompetitors
Lorenzo sUSD1+ history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Oct 10, 2025 to Oct 26, 2026.
All-time high TVL: $182.5m on Jun 5, 2026. All-time low TVL: $79.47m on Jan 21, 2026.
Daily TVL, Sep 27, 2026 to Oct 26, 2026
| Date | TVL |
|---|---|
| Sep 27, 2026 | $80.21m |
| Sep 28, 2026 | $80.2m |
| Sep 29, 2026 | $80.2m |
| Sep 30, 2026 | $80.13m |
| Oct 1, 2026 | $80.12m |
| Oct 2, 2026 | $80.14m |
| Oct 3, 2026 | $80.05m |
| Oct 4, 2026 | $80.06m |
| Oct 5, 2026 | $80.06m |
| Oct 6, 2026 | $80.07m |
| Oct 7, 2026 | $80.06m |
| Oct 8, 2026 | $80.03m |
| Oct 9, 2026 | $80.02m |
| Oct 10, 2026 | $80.04m |
| Oct 11, 2026 | $80.02m |
| Oct 12, 2026 | $80.02m |
| Oct 13, 2026 | $80.04m |
| Oct 14, 2026 | $80.05m |
| Oct 15, 2026 | $80.03m |
| Oct 16, 2026 | $80.03m |
| Oct 17, 2026 | $80.03m |
| Oct 18, 2026 | $80.04m |
| Oct 19, 2026 | $80.04m |
| Oct 20, 2026 | $80m |
| Oct 21, 2026 | $79.99m |
| Oct 22, 2026 | $80m |
| Oct 23, 2026 | $79.98m |
| Oct 24, 2026 | $79.98m |
| Oct 25, 2026 | $79.99m |
| Oct 26, 2026 | $79.98m |
TVL at each month end, Oct 2025 to Oct 2026
| Date | TVL |
|---|---|
| Oct 31, 2025 | $81.15m |
| Nov 30, 2025 | $81.27m |
| Dec 31, 2025 | $82.35m |
| Jan 31, 2026 | $79.77m |
| Feb 28, 2026 | $79.97m |
| Mar 31, 2026 | $79.8m |
| Apr 30, 2026 | $79.54m |
| May 31, 2026 | $161.97m |
| Jun 30, 2026 | $164.92m |
| Jul 31, 2026 | $84.49m |
| Aug 31, 2026 | $80.45m |
| Sep 30, 2026 | $80.13m |
| Oct 26, 2026 (latest) | $79.98m |
Fees, revenue and holders revenue by UTC calendar month, Aug 2025 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Aug 2025 | $211,288 | $10,564 | $0 |
| Sep 2025 | $446,538 | $22,326 | $0 |
| Oct 2025 | $901,694 | $45,084 | $0 |
| Nov 2025 | $169,653 | $8,482 | $0 |
| Dec 2025 | $95,514 | $5,525 | $0 |
| Jan 2026 | $490,059 | $28,258 | $0 |
| Feb 2026 | $58,105 | $2,905 | $0 |
| Mar 2026 | -$16,285 | $1,247 | $0 |
| Apr 2026 | -$48,157 | $117.43 | $0 |
| May 2026 | $11,160 | $607 | $0 |
| Jun 2026 | $400,907 | $20,043 | $0 |
| Jul 2026 | $141,504 | $7,076 | $0 |
| Aug 2026 | $169,046 | $8,454 | $0 |
| Sep 2026 | $65,527 | $3,312 | $0 |
| Oct 2026 (to date) | $2,926 | $149.73 | $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/lorenzo-susd1+
Frequently asked questions
What is Lorenzo sUSD1+'s TVL?
As of Oct 26, 2026, Lorenzo sUSD1+ has $79.98m in total value locked. TVL has decreased 0.3% over the past 30 days.
What chains does Lorenzo sUSD1+ operate on?
Lorenzo sUSD1+ operates on 2 chains: BSC and Ethereum. BSC holds the largest share at 100%.
How much has Lorenzo sUSD1+ generated in fees and revenue?
Over the past 30 days, Lorenzo sUSD1+ generated $2,920 in fees. Of that, $149.73 was protocol revenue. Based on the trailing year, the annualized rate is $1.59m in fees and $88,539 in revenue.
How does Lorenzo sUSD1+'s TVL compare to similar protocols?
Among Yield protocols tracked by DefiLlama, Lorenzo sUSD1+ ranks #7 by TVL. The category holds $4.634b across 568 protocols, and Lorenzo sUSD1+ accounts for 1.7% of that total. Similar protocols include Pendle V2, Avalon Superearn, Equilibria, Spectra V2, StableHodl, Penpie, Tranchess Yield, Saffron Vaults, TermFinance Vaults, and Cyclone.

