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Monroe Protocol

Total Value Locked$5,544

TVL by Chain

Avalanche$3,054

Manta$2,468

Ethereum$21.65

Protocol Information

Monroe is a decentralized omnichain LST backed stablecoin factory.

Category:CDP

Audits:

Monroe Protocol history

TVL is the default DefiLlama definition. Daily values are UTC snapshots from Mar 7, 2024 to Nov 13, 2026.

All-time high TVL: $1.07m on Nov 23, 2024. All-time low TVL: $73 on Mar 16, 2024.

Daily TVL, Oct 15, 2026 to Nov 13, 2026

DateTVL
Oct 15, 2026$6,997
Oct 16, 2026$4,999
Oct 17, 2026$4,975
Oct 18, 2026$4,887
Oct 19, 2026$4,879
Oct 20, 2026$4,792
Oct 21, 2026$4,886
Oct 22, 2026$4,890
Oct 23, 2026$6,509
Oct 24, 2026$6,464
Oct 25, 2026$6,461
Oct 26, 2026$6,373
Oct 27, 2026$6,374
Oct 28, 2026$6,483
Oct 29, 2026$4,562
Oct 30, 2026$6,008
Oct 31, 2026$6,189
Nov 1, 2026$6,133
Nov 2, 2026$4,435
Nov 3, 2026$4,297
Nov 4, 2026$4,318
Nov 5, 2026$6,257
Nov 6, 2026$5,831
Nov 7, 2026$4,273
Nov 8, 2026$4,228
Nov 9, 2026$5,567
Nov 10, 2026$5,847
Nov 11, 2026$5,645
Nov 12, 2026$5,693
Nov 13, 2026$5,550

TVL at each month end, Dec 2024 to Nov 2026

DateTVL
Dec 31, 2024$304,040
Jan 31, 2025$292,838
Feb 28, 2025$29,073
Mar 31, 2025$23,892
Apr 30, 2025$23,254
May 31, 2025$26,256
Jun 30, 2025$21,371
Jul 31, 2025$22,462
Aug 31, 2025$22,766
Sep 30, 2025$25,595
Oct 31, 2025$10,142
Nov 30, 2025$11,433
Dec 31, 2025$9,708
Jan 31, 2026$6,272
Feb 28, 2026$4,997
Mar 31, 2026$7,164
Apr 30, 2026$5,300
May 31, 2026$7,721
Jun 30, 2026$6,546
Jul 31, 2026$5,816
Aug 31, 2026$6,301
Sep 30, 2026$5,611
Oct 31, 2026$6,189
Nov 13, 2026 (latest)$5,550

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

DateTVL
Dec 31, 2024$304,040
Dec 31, 2025$9,708

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/monroe-protocol

Frequently asked questions

What is Monroe Protocol's TVL?

As of Nov 13, 2026, Monroe Protocol has $5,544 in total value locked. TVL has decreased 23.8% over the past 30 days.

What chains does Monroe Protocol operate on?

Monroe Protocol operates on 3 chains: Avalanche, Manta, and Ethereum. Avalanche holds the largest share at 55.1%.

How does Monroe Protocol's TVL compare to similar protocols?

Among CDP protocols tracked by DefiLlama, Monroe Protocol ranks #135 by TVL. The category holds $5.585b across 198 protocols, and Monroe Protocol accounts for <0.1% of that total. Similar protocols include Abracadabra Spell, QiDao, Angle, Parallel Protocol V3, xDollar, Button Wrappers, Sky Lending, USDD, Liquity V1, and Reservoir Protocol.