Monroe Protocol
Total Value Locked$6,431
TVL by Chain
Avalanche$3,222
Manta$3,183
Ethereum$26.17
Protocol Information
Monroe is a decentralized omnichain LST backed stablecoin factory.
Audits:
Methodology
TVL: Adds up the total value locked as collateral in Monroe vaultsView code on GitHubCompetitors
Monroe Protocol history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Mar 7, 2024 to Oct 24, 2026.
All-time high TVL: $1.07m on Nov 23, 2024. All-time low TVL: $73 on Mar 16, 2024.
Daily TVL, Sep 25, 2026 to Oct 24, 2026
| Date | TVL |
|---|---|
| Sep 25, 2026 | $7,224 |
| Sep 26, 2026 | $7,489 |
| Sep 27, 2026 | $5,407 |
| Sep 28, 2026 | $7,476 |
| Sep 29, 2026 | $7,293 |
| Sep 30, 2026 | $5,611 |
| Oct 1, 2026 | $5,512 |
| Oct 2, 2026 | $5,486 |
| Oct 3, 2026 | $7,463 |
| Oct 4, 2026 | $7,559 |
| Oct 5, 2026 | $7,614 |
| Oct 6, 2026 | $7,593 |
| Oct 7, 2026 | $7,730 |
| Oct 8, 2026 | $7,342 |
| Oct 9, 2026 | $6,924 |
| Oct 10, 2026 | $7,101 |
| Oct 11, 2026 | $7,112 |
| Oct 12, 2026 | $7,527 |
| Oct 13, 2026 | $7,209 |
| Oct 14, 2026 | $7,276 |
| 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 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $356,635 |
| 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 24, 2026 (latest) | $6,464 |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| 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 Oct 24, 2026, Monroe Protocol has $6,431 in total value locked. TVL has decreased 12.4% 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 50.1%.
How does Monroe Protocol's TVL compare to similar protocols?
Among CDP protocols tracked by DefiLlama, Monroe Protocol ranks #136 by TVL. The category holds $7.746b across 200 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 crvUSD.