Logo of Mare Finance V1

Mare Finance V1(MARE)Deprecated protocol

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Protocol Information

Mare Finance is a decentralized lending protocol for individuals, institutions and protocols to access financial services. It is a permissionless, open source protocol serving users on Kava. Users can deposit their assets, use them as collateral and borrow against them.

Category:Lending

Methodology

TVL: Same as Compound Finance, we just count all the tokens supplied (not borrowed money) on the lending marketsView code on GitHub

Mare Finance V1 history

TVL is the default DefiLlama definition. Daily values are UTC snapshots from Mar 2, 2023 to Jun 11, 2025.

All-time high TVL: $47.23m on Apr 19, 2023. All-time low TVL: $1 on Feb 1, 2024.

Daily TVL, Aug 18, 2024 to Jun 11, 2025

DateTVL
Aug 18, 2024$0
Aug 19, 2024$0
Aug 20, 2024$0
Aug 21, 2024$0
Aug 22, 2024$0
Aug 23, 2024$0
Aug 24, 2024$0
Aug 25, 2024$0
Aug 26, 2024$0
Aug 27, 2024$0
Aug 28, 2024$0
Aug 29, 2024$0
Aug 30, 2024$0
Aug 31, 2024$0
Sep 1, 2024$0
Sep 2, 2024$0
Sep 3, 2024$0
Sep 4, 2024$0
Sep 5, 2024$0
Sep 6, 2024$0
Sep 7, 2024$0
Sep 8, 2024$0
Sep 9, 2024$0
Sep 10, 2024$0
Sep 11, 2024$0
May 20, 2025$0
Jun 6, 2025$0
Jun 7, 2025$0
Jun 8, 2025$0
Jun 11, 2025$0

TVL at each month end, Mar 2023 to Jun 2025

DateTVL
Mar 31, 2023$26.59m
Apr 30, 2023$37.63m
May 31, 2023$20.66m
Jun 30, 2023$16.32m
Jul 31, 2023$0
Aug 31, 2023$0
Sep 30, 2023$0
Oct 31, 2023$0
Nov 30, 2023$0
Dec 31, 2023$0
Jan 31, 2024$0
Feb 29, 2024$0
Mar 31, 2024$0
Apr 30, 2024$0
May 31, 2024$0
Jun 30, 2024$0
Jul 31, 2024$0
Aug 31, 2024$0
Sep 11, 2024$0
May 20, 2025$0
Jun 11, 2025 (latest)$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/mare-finance-v1

Frequently asked questions

What is Mare Finance V1's TVL?

As of Jun 11, 2025, Mare Finance V1 has $0 in total value locked.

What chains does Mare Finance V1 operate on?

Mare Finance V1 operates on Kava.