Total Value Locked$214,266
TVL by Chain
Ethereum$208,881
Kaia$5,384
The chart plots Staking as its own series; it is not part of the TVL above.
Key Metrics
Staked$0
Active Loans$53,167
User Activity
Active Addresses (24h)2
New Addresses (24h)2
Transactions (24h)17
Gas Used (24h)0 ETH
Gas Cost (24h)$9.04
Competitors
Mesher history
TVL is the default DefiLlama definition, which excludes Active Loans and Staking. Daily values are UTC snapshots from Nov 25, 2021 to Nov 13, 2026.
All-time high TVL: $42.79m on Nov 26, 2021. All-time low TVL: $210,682 on Aug 18, 2026.
Daily TVL, Oct 15, 2026 to Nov 13, 2026
| Date | TVL |
|---|---|
| Oct 15, 2026 | $262,919 |
| Oct 16, 2026 | $261,888 |
| Oct 17, 2026 | $262,921 |
| Oct 18, 2026 | $258,408 |
| Oct 19, 2026 | $259,083 |
| Oct 20, 2026 | $256,942 |
| Oct 21, 2026 | $265,498 |
| Oct 22, 2026 | $265,950 |
| Oct 23, 2026 | $258,526 |
| Oct 24, 2026 | $255,424 |
| Oct 25, 2026 | $252,961 |
| Oct 26, 2026 | $249,933 |
| Oct 27, 2026 | $252,927 |
| Oct 28, 2026 | $254,747 |
| Oct 29, 2026 | $255,274 |
| Oct 30, 2026 | $246,064 |
| Oct 31, 2026 | $242,800 |
| Nov 1, 2026 | $244,182 |
| Nov 2, 2026 | $244,246 |
| Nov 3, 2026 | $243,296 |
| Nov 4, 2026 | $243,268 |
| Nov 5, 2026 | $257,512 |
| Nov 6, 2026 | $241,666 |
| Nov 7, 2026 | $241,559 |
| Nov 8, 2026 | $239,266 |
| Nov 9, 2026 | $231,459 |
| Nov 10, 2026 | $231,613 |
| Nov 11, 2026 | $224,088 |
| Nov 12, 2026 | $223,217 |
| Nov 13, 2026 | $220,770 |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $555,823 |
| Jan 31, 2025 | $579,930 |
| Feb 28, 2025 | $417,453 |
| Mar 31, 2025 | $355,709 |
| Apr 30, 2025 | $379,488 |
| May 31, 2025 | $431,146 |
| Jun 30, 2025 | $451,963 |
| Jul 31, 2025 | $603,796 |
| Aug 31, 2025 | $598,144 |
| Sep 30, 2025 | $572,878 |
| Oct 31, 2025 | $506,766 |
| Nov 30, 2025 | $410,972 |
| Dec 31, 2025 | $384,828 |
| Jan 31, 2026 | $358,784 |
| Feb 28, 2026 | $273,334 |
| Mar 31, 2026 | $275,790 |
| Apr 30, 2026 | $301,691 |
| May 31, 2026 | $276,663 |
| Jun 30, 2026 | $219,979 |
| Jul 31, 2026 | $245,369 |
| Aug 31, 2026 | $255,813 |
| Sep 30, 2026 | $291,159 |
| Oct 31, 2026 | $242,800 |
| Nov 13, 2026 (latest) | $220,770 |
TVL at each year end, Nov 29, 2021 to Dec 31, 2025
| Date | TVL |
|---|---|
| Nov 29, 2021 | $40.73m |
| Dec 31, 2022 | $1.18m |
| Dec 31, 2023 | $1.11m |
| Dec 31, 2024 | $555,823 |
| Dec 31, 2025 | $384,828 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/mesher
Frequently asked questions
What is Mesher's TVL?
As of Nov 13, 2026, Mesher has $214,266 in total value locked. TVL has decreased 20.8% over the past 30 days.
What chains does Mesher operate on?
Mesher operates on 2 chains: Ethereum and Kaia. Ethereum holds the largest share at 97.5%.
How does Mesher's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Mesher ranks #169 by TVL. The category holds $46.872b across 520 protocols, and Mesher accounts for <0.1% of that total. Similar protocols include Morpho Blue, BiFi, Avalon Finance, Aave V3, SparkLend, Maple, Compound V3, Venus Core Pool, Lista Lending, and Aave V4.
How much has been borrowed through Mesher?
As of Nov 13, 2026, Mesher has $53,167 in active loans.