Total Value Locked$4m
TVL by Chain
Flow$4m
Key Metrics
Fees 30d$0
Fees 30d by chain
Flow$0
Fees 7d$0
Flow$0
Fees 24h$0
Flow$0
Cumulative Fees$559,128
Flow$559,128
Revenue 30d$0
Revenue 30d by chain
Flow$0
Revenue 7d$0
Flow$0
Revenue 24h$0
Flow$0
Cumulative Revenue$74,497
Flow$74,497
Collateral Liquidated 30d$0
Collateral Liquidated 30d by chain
Flow$0
Collateral Liquidated 7d$0
Flow$0
Collateral Liquidated 24h$0
Flow$0
Cumulative Collateral Liquidated$14.15
Flow$14.15
Active Loans$2.31m
Protocol Information
MORE Markets is a decentralized lending protocol that lets users easily lend and borrow digital assets. The protocol is designed for permissionless market creation, removing any need for approval or oversight from a central authority.
Methodology
TVL: Collateral (supply minus borrows) in the balance of the MORE Markets contractsView code on GitHubFees: Interest paid by borrowersView code on GitHubRevenue: Percentage of interest going to treasuryView code on GitHubCollateral Liquidated: Total USD value of collateral seized in LiquidationCall events.View code on GitHubYields
Pools Tracked5
Average Supply APY0.61%
Competitors
MORE Markets history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from Nov 5, 2024 to Oct 26, 2026.
All-time high TVL: $42.31m on Sep 14, 2025. All-time low TVL: $492,709 on Jan 29, 2025.
Daily TVL, Sep 27, 2026 to Oct 26, 2026
| Date | TVL |
|---|---|
| Sep 27, 2026 | $3.25m |
| Sep 28, 2026 | $3.2m |
| Sep 29, 2026 | $3.98m |
| Sep 30, 2026 | $4.03m |
| Oct 1, 2026 | $4.07m |
| Oct 2, 2026 | $4.06m |
| Oct 3, 2026 | $4.05m |
| Oct 4, 2026 | $4.21m |
| Oct 5, 2026 | $4.16m |
| Oct 6, 2026 | $4.14m |
| Oct 7, 2026 | $4.24m |
| Oct 8, 2026 | $3.75m |
| Oct 9, 2026 | $3.76m |
| Oct 10, 2026 | $3.19m |
| Oct 11, 2026 | $4.15m |
| Oct 12, 2026 | $4.36m |
| Oct 13, 2026 | $4.33m |
| Oct 14, 2026 | $4.07m |
| Oct 15, 2026 | $3.95m |
| Oct 16, 2026 | $3.92m |
| Oct 17, 2026 | $3.97m |
| Oct 18, 2026 | $3.85m |
| Oct 19, 2026 | $3.76m |
| Oct 20, 2026 | $4.37m |
| Oct 21, 2026 | $4.44m |
| Oct 22, 2026 | $4.5m |
| Oct 23, 2026 | $4.25m |
| Oct 24, 2026 | $4.18m |
| Oct 25, 2026 | $4.11m |
| Oct 26, 2026 | $4.02m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $1.09m |
| Dec 31, 2024 | $788,012 |
| Jan 31, 2025 | $708,513 |
| Feb 28, 2025 | $1.82m |
| Mar 31, 2025 | $3.89m |
| Apr 30, 2025 | $5.27m |
| May 31, 2025 | $14.17m |
| Jun 30, 2025 | $19.37m |
| Jul 31, 2025 | $23.87m |
| Aug 31, 2025 | $32.15m |
| Sep 30, 2025 | $37.6m |
| Oct 31, 2025 | $36.34m |
| Nov 30, 2025 | $39.52m |
| Dec 31, 2025 | $41.51m |
| Jan 31, 2026 | $12.16m |
| Feb 28, 2026 | $8.15m |
| Mar 31, 2026 | $7.28m |
| Apr 30, 2026 | $4.29m |
| May 31, 2026 | $3.51m |
| Jun 30, 2026 | $3.24m |
| Jul 31, 2026 | $3.22m |
| Aug 31, 2026 | $3.84m |
| Sep 30, 2026 | $4.03m |
| Oct 26, 2026 (latest) | $4.02m |
Fees and revenue by UTC calendar month, Feb 2025 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Feb 2025 | $883 | $132 |
| Mar 2025 | $2,079 | $337 |
| Apr 2025 | $25,657 | $3,966 |
| May 2025 | $6,440 | $1,028 |
| Jun 2025 | $20,844 | $3,269 |
| Jul 2025 | $26,714 | $4,220 |
| Aug 2025 | $17,923 | $2,922 |
| Sep 2025 | $61,100 | $7,607 |
| Oct 2025 | $104,504 | $12,078 |
| Nov 2025 | $66,415 | $9,091 |
| Dec 2025 | $42,759 | $5,971 |
| Jan 2026 | $50,637 | $6,752 |
| Feb 2026 | $21,591 | $3,007 |
| Mar 2026 | $19,924 | $2,987 |
| Apr 2026 | $17,607 | $2,267 |
| May 2026 | $18,497 | $2,116 |
| Jun 2026 | $16,930 | $1,894 |
| Jul 2026 | $11,754 | $1,346 |
| Aug 2026 | $15,656 | $1,825 |
| Sep 2026 | $11,214 | $1,682 |
| Oct 2026 (to date) | $0 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/more-markets
Frequently asked questions
What is MORE Markets' TVL?
As of Oct 26, 2026, MORE Markets has $4m in total value locked. TVL has decreased 1.7% over the past 30 days.
What chains does MORE Markets operate on?
MORE Markets operates on Flow. Flow holds the largest share at 100%.
How much has MORE Markets generated in fees and revenue?
Over the past 30 days, MORE Markets generated $0 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $302,167 in fees and $40,117 in revenue.
How does MORE Markets' TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, MORE Markets ranks #88 by TVL. The category holds $52.126b across 518 protocols, and MORE Markets accounts for <0.1% of that total. Similar protocols include Increment Lending, Sturdy V2, Aave V3, Morpho Blue, SparkLend, JustLend V1, Maple, Hyperliquid Earn, Compound V3, and Kamino Lend.
How much has been borrowed through MORE Markets?
As of Oct 26, 2026, MORE Markets has $2.31m in active loans.

