Ask about Mars Protocol · freeMars Protocol(MARS)
Total Value Locked$0
TVL by Chain
Neutron$0
Terra Classic$0
Osmosis$0
Key Metrics
Cumulative Fees$265,386
Cumulative Fees by chain
Neutron$265,386
Cumulative Revenue$66,341
Cumulative Revenue by chain
Neutron$66,341
Cumulative Perp Volume$64.87m
Cumulative Perp Volume by chain
Neutron$64.87m
Protocol Information
Mars is a multichain credit protocol enabling borrowing and lending primitives in the Cosmos. With Mars v2, the protocol introduced Rover credit accounts to Osmosis. Much like Binance subaccounts, credit accounts act as transferrable NFT containers where users can deposit assets, and use them as collateral for borrowing, spot or margin trading, leveraged yield farming, and hedging — all with a single liquidation point
- Mars LendLending
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Perp Volume: Notional volume of all trades including leverage on the perp exchange
Hacks
Date: Dec 14, 2025
Protocol: Mars Perps
Amount: $960,000
Classification: Market Manipulation
Technique: Funding Rate Arbitrage
Chains: Neutron
Language: Rust
Target Type: DeFi Protocol
Competitors
Mars Protocol history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Mar 9, 2022 to Oct 22, 2026.
All-time high TVL: $350.59m on Apr 7, 2022. All-time low TVL: $26,191 on May 28, 2026.
Daily TVL, Sep 23, 2026 to Oct 22, 2026
| Date | TVL |
|---|---|
| Sep 23, 2026 | $0 |
| Sep 24, 2026 | $0 |
| Sep 25, 2026 | $0 |
| Sep 26, 2026 | $0 |
| Sep 27, 2026 | $0 |
| Sep 28, 2026 | $0 |
| Sep 29, 2026 | $0 |
| Sep 30, 2026 | $0 |
| Oct 1, 2026 | $0 |
| Oct 2, 2026 | $0 |
| Oct 3, 2026 | $0 |
| 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 |
| Oct 20, 2026 | $0 |
| Oct 21, 2026 | $0 |
| Oct 22, 2026 | $0 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $29.8m |
| Dec 31, 2024 | $24.42m |
| Jan 31, 2025 | $26.1m |
| Feb 28, 2025 | $20.3m |
| Mar 31, 2025 | $20.45m |
| Apr 30, 2025 | $19.3m |
| May 31, 2025 | $19.71m |
| Jun 30, 2025 | $18.35m |
| Jul 31, 2025 | $19.36m |
| Aug 31, 2025 | $18.69m |
| Sep 30, 2025 | $18.06m |
| Oct 31, 2025 | $16.44m |
| Nov 30, 2025 | $14.57m |
| Dec 31, 2025 | $8.04m |
| Jan 31, 2026 | $3.73m |
| Feb 28, 2026 | $1.88m |
| Mar 31, 2026 | $537,901 |
| Apr 30, 2026 | $26,201 |
| May 31, 2026 | $26,194 |
| Jun 30, 2026 | $26,196 |
| Jul 31, 2026 | $26,196 |
| Aug 31, 2026 | $26,202 |
| Sep 30, 2026 | $0 |
| Oct 22, 2026 (latest) | $0 |
TVL at each year end, Dec 31, 2022 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2022 | $0 |
| Dec 31, 2023 | $13.48m |
| Dec 31, 2024 | $24.42m |
| Dec 31, 2025 | $8.04m |
Fees and revenue by UTC calendar month, Dec 2024 to Mar 2026
| Month | Fees | Revenue |
|---|---|---|
| Dec 2024 | $51,473 | $12,867 |
| Jan 2025 | $120,363 | $30,090 |
| Feb 2025 | $545 | $134 |
| Mar 2025 | $2,276 | $567 |
| Apr 2025 | $8,350 | $2,088 |
| May 2025 | $11,487 | $2,872 |
| Jun 2025 | $4,522 | $1,131 |
| Jul 2025 | $8,201 | $2,051 |
| Aug 2025 | $6,714 | $1,677 |
| Sep 2025 | $3,175 | $793 |
| Oct 2025 | $9,605 | $2,404 |
| Nov 2025 | $1,469 | $367 |
| Dec 2025 | $37,206 | $9,300 |
| Jan 2026 | $0 | $0 |
| Feb 2026 | $0 | $0 |
| Mar 2026 | $0 | $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/mars-protocol
Frequently asked questions
What is Mars Protocol's TVL?
As of Oct 22, 2026, Mars Protocol has $0 in total value locked.
What chains does Mars Protocol operate on?
Mars Protocol operates on 3 chains: Osmosis, Neutron, and Terra Classic.
How does Mars Protocol's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Mars Protocol ranks #480 by TVL. The category holds $52.679b across 518 protocols, and Mars Protocol accounts for <0.1% of that total. Similar protocols include Nolus Protocol, Juris Protocol, Edge Protocol, Aave V3, Morpho Blue, SparkLend, JustLend V1, Maple, Hyperliquid Earn, and Compound V3.
Has Mars Protocol ever been exploited?
Mars Protocol has 1 recorded security incident. The most recent incident occurred on Dec 14, 2025 and involved $960,000. It was classified as Market Manipulation.