Ask about Matter Defi · freeTotal Value Locked$22,964
TVL by Chain
Tezos$22,964
The chart plots Staking as its own series; it is not part of the TVL above.
Key Metrics
Staked$1,041
Protocol Information
Matter DeFi is a yield farming platform aimed to incentivize providing liquidity on SpicySwap DEX. Users may stake SpicySwap LP Tokens to earn the protocol token MTTR. Matter DeFi's flagship feature is the contract-level automatic buyback and burn of the MTTR token. Automatic buyback ensures that there is lasting buy pressure for MTTR, leading to truly sustainable yields. All fees generated on staking and unstaking are used to buyback the MTTR token on SpicySwap.
Methodology
TVL: TVL counts the tokens staked in Matter Core & Matter Live farms, with SpicySwap LP tokens resolved to their underlying reserves on chain. LPs containing MTTR are counted as pool2, staked MTTR as staking.View code on GitHubCompetitors
Matter Defi history
TVL is the default DefiLlama definition, which excludes Staking and Pool2. Daily values are UTC snapshots from Aug 3, 2022 to Oct 19, 2026.
All-time high TVL: $783,891 on Jan 3, 2024. All-time low TVL: $16,264 on Aug 17, 2026.
Daily TVL, Sep 15, 2026 to Oct 19, 2026
| Date | TVL |
|---|---|
| Sep 15, 2026 | $21,307 |
| Sep 16, 2026 | $19,902 |
| Sep 17, 2026 | $20,077 |
| Sep 18, 2026 | $20,407 |
| Sep 19, 2026 | $22,844 |
| Sep 20, 2026 | $25,044 |
| Sep 21, 2026 | $25,128 |
| Sep 22, 2026 | $24,987 |
| Sep 23, 2026 | $25,072 |
| Sep 24, 2026 | $23,868 |
| Sep 25, 2026 | $24,418 |
| Sep 26, 2026 | $24,147 |
| Sep 27, 2026 | $23,911 |
| Oct 3, 2026 | $23,912 |
| Oct 4, 2026 | $24,330 |
| Oct 5, 2026 | $24,677 |
| Oct 6, 2026 | $24,582 |
| Oct 7, 2026 | $24,753 |
| Oct 8, 2026 | $23,630 |
| Oct 9, 2026 | $22,421 |
| Oct 10, 2026 | $22,944 |
| Oct 11, 2026 | $23,197 |
| Oct 12, 2026 | $24,462 |
| Oct 13, 2026 | $23,654 |
| Oct 14, 2026 | $23,971 |
| Oct 15, 2026 | $22,396 |
| Oct 16, 2026 | $23,311 |
| Oct 17, 2026 | $23,526 |
| Oct 18, 2026 | $22,663 |
| Oct 19, 2026 | $22,900 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $80,321 |
| Dec 31, 2024 | $74,898 |
| Jan 31, 2025 | $71,859 |
| Feb 28, 2025 | $53,463 |
| Mar 31, 2025 | $46,033 |
| Apr 30, 2025 | $41,278 |
| May 31, 2025 | $42,259 |
| Jun 30, 2025 | $43,021 |
| Jul 31, 2025 | $56,007 |
| Aug 31, 2025 | $48,757 |
| Sep 30, 2025 | $45,952 |
| Oct 31, 2025 | $37,759 |
| Nov 30, 2025 | $32,488 |
| Dec 31, 2025 | $32,949 |
| Jan 31, 2026 | $32,871 |
| Feb 28, 2026 | $26,439 |
| Mar 31, 2026 | $25,533 |
| Apr 30, 2026 | $27,933 |
| May 31, 2026 | $26,508 |
| Jun 30, 2026 | $17,230 |
| Jul 31, 2026 | $17,030 |
| Aug 31, 2026 | $17,728 |
| Sep 27, 2026 | $23,911 |
| Oct 19, 2026 (latest) | $22,900 |
TVL at each year end, Dec 31, 2022 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2022 | $42,714 |
| Dec 31, 2023 | $142,384 |
| Dec 31, 2024 | $74,898 |
| Dec 31, 2025 | $32,949 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/matter-defi
Frequently asked questions
What is Matter Defi's TVL?
As of Oct 19, 2026, Matter Defi has $22,964 in total value locked. TVL has increased 0.5% over the past 30 days.
What chains does Matter Defi operate on?
Matter Defi operates on Tezos. Tezos holds the largest share at 100%.
How does Matter Defi's TVL compare to similar protocols?
Among Yield protocols tracked by DefiLlama, Matter Defi ranks #236 by TVL. The category holds $4.772b across 566 protocols, and Matter Defi accounts for <0.1% of that total. Other leading protocols include KordFi, Flame DeFi, Spark Savings, Pendle V2, Convex Finance, Stake DAO Yield, Avalon Superearn, Concentrator, Yuzu Money, and Lorenzo sUSD1+.