Ask about Marginal · freeTotal Value Locked$1,469
TVL by Chain
Ethereum$937.75
Base$531.15
Key Metrics
Total RaisedUndisclosed
May 16, 2024Round: Pre-SeedInvestors: Nolimit Holdings, BaboonVC, NxGen, Cogitent Ventures, Tenzor Capital, Vessel Capital, Pivot Global, Llamaintern, Bera Rodman, Steve Bearwin, Jonathan Han, Altcoin Sherpa, WSBmod, coinguru
Protocol Information
Permissionless Markets - With Leverage
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubCompetitors
Marginal history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Nov 6, 2024 to Oct 21, 2026.
All-time high TVL: $231,405 on Nov 12, 2024. All-time low TVL: $1,062 on Jun 26, 2026.
Daily TVL, Sep 22, 2026 to Oct 21, 2026
| Date | TVL |
|---|---|
| Sep 22, 2026 | $1,635 |
| Sep 23, 2026 | $1,647 |
| Sep 24, 2026 | $1,569 |
| Sep 25, 2026 | $1,578 |
| Sep 26, 2026 | $1,616 |
| Sep 27, 2026 | $1,619 |
| Sep 28, 2026 | $1,587 |
| Sep 29, 2026 | $1,543 |
| Sep 30, 2026 | $1,568 |
| Oct 1, 2026 | $1,606 |
| Oct 2, 2026 | $1,599 |
| Oct 3, 2026 | $1,585 |
| Oct 4, 2026 | $1,596 |
| Oct 5, 2026 | $1,595 |
| Oct 6, 2026 | $1,592 |
| Oct 7, 2026 | $1,587 |
| Oct 8, 2026 | $1,501 |
| Oct 9, 2026 | $1,442 |
| Oct 10, 2026 | $1,453 |
| Oct 11, 2026 | $1,477 |
| Oct 12, 2026 | $1,486 |
| Oct 13, 2026 | $1,448 |
| Oct 14, 2026 | $1,458 |
| Oct 15, 2026 | $1,371 |
| Oct 16, 2026 | $1,402 |
| Oct 17, 2026 | $1,394 |
| Oct 18, 2026 | $1,387 |
| Oct 19, 2026 | $1,385 |
| Oct 20, 2026 | $1,396 |
| Oct 21, 2026 | $1,434 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $192,518 |
| Dec 31, 2024 | $6,486 |
| Jan 31, 2025 | $5,015 |
| Feb 28, 2025 | $2,860 |
| Mar 31, 2025 | $2,196 |
| Apr 30, 2025 | $2,745 |
| May 31, 2025 | $3,320 |
| Jun 30, 2025 | $3,345 |
| Jul 31, 2025 | $4,842 |
| Aug 31, 2025 | $4,642 |
| Sep 30, 2025 | $4,471 |
| Oct 31, 2025 | $3,470 |
| Nov 30, 2025 | $2,516 |
| Dec 31, 2025 | $2,362 |
| Jan 31, 2026 | $2,006 |
| Feb 28, 2026 | $1,384 |
| Mar 31, 2026 | $1,365 |
| Apr 30, 2026 | $1,574 |
| May 31, 2026 | $1,395 |
| Jun 30, 2026 | $1,104 |
| Jul 31, 2026 | $1,105 |
| Aug 31, 2026 | $1,495 |
| Sep 30, 2026 | $1,568 |
| Oct 21, 2026 (latest) | $1,434 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/marginal
Frequently asked questions
What is Marginal's TVL?
As of Oct 21, 2026, Marginal has $1,469 in total value locked. TVL has decreased 4.6% over the past 30 days.
What chains does Marginal operate on?
Marginal operates on 2 chains: Ethereum and Base. Ethereum holds the largest share at 63.8%.
How does Marginal's TVL compare to similar protocols?
Among Leveraged Farming protocols tracked by DefiLlama, Marginal ranks #28 by TVL. The category holds $285.62m across 39 protocols, and Marginal accounts for <0.1% of that total. Similar protocols include Yieldoor, Yield Basis, Origami Finance, 3F, Extra Finance Leverage Farming, AirPuff, Loop, DegenPrime, TownSquare Loop Vaults, and Arcadia V1.