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Marginal

Total Value Locked$1,196

TVL by Chain

Ethereum$772.72

Base$422.95

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

Marginal history

TVL is the default DefiLlama definition. Daily values are UTC snapshots from Nov 6, 2024 to Nov 10, 2026.

All-time high TVL: $231,405 on Nov 12, 2024. All-time low TVL: $1,062 on Jun 26, 2026.

Daily TVL, Oct 12, 2026 to Nov 10, 2026

DateTVL
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
Oct 22, 2026$1,433
Oct 23, 2026$1,392
Oct 24, 2026$1,395
Oct 25, 2026$1,381
Oct 26, 2026$1,353
Oct 27, 2026$1,349
Oct 28, 2026$1,380
Oct 29, 2026$1,350
Oct 30, 2026$1,284
Oct 31, 2026$1,313
Nov 1, 2026$1,320
Nov 2, 2026$1,331
Nov 3, 2026$1,315
Nov 4, 2026$1,311
Nov 5, 2026$1,390
Nov 6, 2026$1,277
Nov 7, 2026$1,267
Nov 8, 2026$1,262
Nov 9, 2026$1,197
Nov 10, 2026$1,207

TVL at each month end, Dec 2024 to Nov 2026

DateTVL
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 31, 2026$1,313
Nov 10, 2026 (latest)$1,207

TVL at each year end, Dec 31, 2024 to Dec 31, 2025

DateTVL
Dec 31, 2024$6,486
Dec 31, 2025$2,362

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 Nov 10, 2026, Marginal has $1,196 in total value locked. TVL has decreased 19% 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 64.6%.

How does Marginal's TVL compare to similar protocols?

Among Leveraged Farming protocols tracked by DefiLlama, Marginal ranks #27 by TVL. The category holds $210.25m across 39 protocols, and Marginal accounts for <0.1% of that total. Similar protocols include Yieldoor, Yield Basis, 3F, Origami Finance, Extra Finance Leverage Farming, AirPuff, Loop, DegenPrime, TownSquare Loop Vaults, and Arcadia V1.