Ask about M11 Credit · freeTotal Value Locked$0.00007
TVL by Chain
Ethereum$0.00007
Key Metrics
Fees 30d$162.07
Fees 30d by chain
Ethereum$162.07
Fees 7d$52.32
Ethereum$52.32
Fees 24h$7.67
Ethereum$7.67
Cumulative Fees$76,708
Ethereum$76,708
Revenue 30d$16.19
Revenue 30d by chain
Ethereum$16.19
Revenue 7d$5.23
Ethereum$5.23
Revenue 24h$0.77
Ethereum$0.77
Cumulative Revenue$7,674
Ethereum$7,674
Protocol Information
Founded in 2021, M11 Credit offers various fixed-income opportunities to capital allocators and provides credit solutions to established (crypto-native) companies and DeFi protocols. Leveraging deep industry relationships, we deliver insights into current pricing and collateralization trends through our existing facilities. Our team excels in both off-chain and on-chain deal structuring, implementing comprehensive covenants beyond standard industry documentation
Methodology
TVL: Count all assets are deposited in all vaults curated by M11C.View code on GitHubFees: Total yields from deposited assets in all curated vaults.View code on GitHubRevenue: Yields are collected by curators.View code on GitHubCompetitors
M11 Credit history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Apr 7, 2025 to Oct 19, 2026.
All-time high TVL: $2.16m on Jun 8, 2025. All-time low TVL: $1 on Apr 7, 2025.
Daily TVL, Sep 20, 2026 to Oct 19, 2026
| Date | TVL |
|---|---|
| Sep 20, 2026 | $5,493 |
| Sep 21, 2026 | $5,496 |
| Sep 22, 2026 | $5,499 |
| Sep 23, 2026 | $5,503 |
| Sep 24, 2026 | $5,505 |
| Sep 25, 2026 | $5,508 |
| Sep 26, 2026 | $5,511 |
| Sep 27, 2026 | $5,514 |
| Sep 28, 2026 | $5,517 |
| Sep 29, 2026 | $5,520 |
| Sep 30, 2026 | $5,521 |
| Oct 1, 2026 | $5,522 |
| Oct 2, 2026 | $5,526 |
| Oct 3, 2026 | $5,529 |
| Oct 4, 2026 | $0 |
| Oct 5, 2026 | $0 |
| Oct 6, 2026 | $0 |
| Oct 7, 2026 | $0 |
| Oct 8, 2026 | $0 |
| Oct 9, 2026 | $0 |
| Oct 10, 2026 | $0 |
| Oct 11, 2026 | $0 |
| Oct 12, 2026 | $0 |
| Oct 13, 2026 | $0 |
| Oct 14, 2026 | $0 |
| Oct 15, 2026 | $0 |
| Oct 16, 2026 | $0 |
| Oct 17, 2026 | $0 |
| Oct 18, 2026 | $0 |
| Oct 19, 2026 | $0 |
TVL at each month end, Apr 2025 to Oct 2026
| Date | TVL |
|---|---|
| Apr 30, 2025 | $151,548 |
| May 31, 2025 | $1.76m |
| Jun 30, 2025 | $1.77m |
| Jul 31, 2025 | $1.63m |
| Aug 31, 2025 | $1.59m |
| Sep 30, 2025 | $72,370 |
| Oct 31, 2025 | $130,982 |
| Nov 30, 2025 | $8,061 |
| Dec 31, 2025 | $5,273 |
| Jan 31, 2026 | $5,270 |
| Feb 28, 2026 | $5,272 |
| Mar 31, 2026 | $4,903 |
| Apr 30, 2026 | $5,284 |
| May 31, 2026 | $5,303 |
| Jun 30, 2026 | $5,332 |
| Jul 31, 2026 | $5,381 |
| Aug 31, 2026 | $5,442 |
| Sep 30, 2026 | $5,521 |
| Oct 19, 2026 (latest) | $0 |
Fees and revenue by UTC calendar month, Apr 2025 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Apr 2025 | $16 | $1 |
| May 2025 | $5,021 | $505 |
| Jun 2025 | $18,702 | $1,870 |
| Jul 2025 | $6,946 | $696 |
| Aug 2025 | $11,648 | $1,167 |
| Sep 2025 | $11,602 | $1,160 |
| Oct 2025 | $10,642 | $1,066 |
| Nov 2025 | $11,521 | $1,151 |
| Dec 2025 | $0 | $0 |
| Jan 2026 | $0 | $0 |
| Feb 2026 | $0 | $0 |
| Mar 2026 | $0 | $0 |
| Apr 2026 | $26 | $0 |
| May 2026 | $38.01 | $3.40 |
| Jun 2026 | $59.11 | $5.90 |
| Jul 2026 | $91.56 | $9.16 |
| Aug 2026 | $130.37 | $13.05 |
| Sep 2026 | $171.16 | $17.11 |
| Oct 2026 (to date) | $93.67 | $9.36 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/m11-credit
Frequently asked questions
What is M11 Credit's TVL?
As of Oct 19, 2026, M11 Credit has $0.00007 in total value locked. TVL has decreased 100% over the past 30 days.
What chains does M11 Credit operate on?
M11 Credit operates on Ethereum. Ethereum holds the largest share at 100%.
How much has M11 Credit generated in fees and revenue?
Over the past 30 days, M11 Credit generated $162.07 in fees. Of that, $16.19 was protocol revenue. Based on the trailing year, the annualized rate is $16,251 in fees and $1,621 in revenue.
How does M11 Credit's TVL compare to similar protocols?
Among Risk Curators protocols tracked by DefiLlama, M11 Credit ranks #93 by TVL. The category holds $9.602b across 96 protocols, and M11 Credit accounts for <0.1% of that total. Other leading protocols include Steakhouse Financial, Sentora Curator, Gauntlet, Nonce Capital, RockawayX, Hyperithm, K3 Capital, KPK, Clearstar, and Armitage by Wintermute.