Monetrix
Total Value Locked$4.93m
TVL by Chain
Hyperliquid L1$4.93m
Key Metrics
Fees 30d$27,346
Fees 30d by chain
Hyperliquid L1$27,346
Fees 7d$10,758
Hyperliquid L1$10,758
Fees 24h$4,532
Hyperliquid L1$4,532
Cumulative Fees$106,794
Hyperliquid L1$106,794
Revenue 30d$4,117
Revenue 30d by chain
Hyperliquid L1$4,117
Revenue 7d$1,616
Hyperliquid L1$1,616
Revenue 24h$680
Hyperliquid L1$680
Cumulative Revenue$13,375
Hyperliquid L1$13,375
Protocol Information
Monetrix is the first fully on-chain funding-driven yield-bearing stable token, native to Hyperliquid.
- Monetrix USDMBasis Trading
- Monetrix mxHYPEBasis Trading
- Monetrix mxBTCBasis Trading
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
Yields
Pools Tracked2
Average Supply APY12.42%
Competitors
Monetrix history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jun 11, 2026 to Nov 1, 2026.
All-time high TVL: $4.95m on Oct 6, 2026. All-time low TVL: $1.19m on Jun 11, 2026.
Daily TVL, Oct 3, 2026 to Nov 1, 2026
| Date | TVL |
|---|---|
| Oct 3, 2026 | $4.72m |
| Oct 4, 2026 | $4.76m |
| Oct 5, 2026 | $4.89m |
| Oct 6, 2026 | $4.95m |
| Oct 7, 2026 | $4.92m |
| Oct 8, 2026 | $4.85m |
| Oct 9, 2026 | $4.74m |
| Oct 10, 2026 | $4.74m |
| Oct 11, 2026 | $4.78m |
| Oct 12, 2026 | $4.68m |
| Oct 13, 2026 | $4.54m |
| Oct 14, 2026 | $4.61m |
| Oct 15, 2026 | $4.56m |
| Oct 16, 2026 | $4.68m |
| Oct 17, 2026 | $4.62m |
| Oct 18, 2026 | $4.55m |
| Oct 19, 2026 | $4.85m |
| Oct 20, 2026 | $4.87m |
| Oct 21, 2026 | $4.91m |
| Oct 22, 2026 | $4.89m |
| Oct 23, 2026 | $4.74m |
| Oct 24, 2026 | $4.71m |
| Oct 25, 2026 | $4.7m |
| Oct 26, 2026 | $4.63m |
| Oct 27, 2026 | $4.66m |
| Oct 28, 2026 | $4.69m |
| Oct 29, 2026 | $4.75m |
| Oct 30, 2026 | $4.9m |
| Oct 31, 2026 | $4.94m |
| Nov 1, 2026 | $4.93m |
TVL at each month end, Jun 2026 to Nov 2026
| Date | TVL |
|---|---|
| Jun 30, 2026 | $2.49m |
| Jul 31, 2026 | $2.66m |
| Aug 31, 2026 | $4.17m |
| Sep 30, 2026 | $4.6m |
| Oct 31, 2026 | $4.94m |
| Nov 1, 2026 (latest) | $4.93m |
Fees and revenue by UTC calendar month, Jun 2026 to Nov 2026
| Month | Fees | Revenue |
|---|---|---|
| Jun 2026 | $11,243 | $982.55 |
| Jul 2026 | $18,968 | $1,898 |
| Aug 2026 | $25,715 | $2,841 |
| Sep 2026 | $23,250 | $3,494 |
| Oct 2026 | $27,618 | $4,159 |
| Nov 2026 (to date) | $3,193 | $479 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/monetrix
Frequently asked questions
What is Monetrix's TVL?
As of Nov 1, 2026, Monetrix has $4.93m in total value locked. TVL has increased 6.3% over the past 30 days.
What chains does Monetrix operate on?
Monetrix operates on Hyperliquid L1. Hyperliquid L1 holds the largest share at 100%.
How much has Monetrix generated in fees and revenue?
Over the past 30 days, Monetrix generated $27,346 in fees. Of that, $4,117 was protocol revenue. Based on the trailing year, the annualized rate is $272,586 in fees and $34,138 in revenue.
How does Monetrix's TVL compare to similar protocols?
Among Basis Trading protocols tracked by DefiLlama, Monetrix ranks #22 by TVL. The category holds $7.434b across 39 protocols, and Monetrix accounts for 0.1% of that total. Similar protocols include Liminal Basis, Ethena USDe, Falcon Finance, BitFi Basis, Solstice, Solv Basis Trading, Aster USDF, Tori Finance, Axis, and ZEROBASE CeDeFi.
How many yield pools does Monetrix have?
DefiLlama tracks 2 Monetrix yield pools with an average APY of 12.4%.

