Logo of mStable CDP

mStable CDP(DHT)

Total Value Locked$2.8m

TVL by Chain

Ethereum$2.67m

Polygon$120,178

Protocol Information

mStable unites stablecoins, lending and swapping into one standard.

Part of Chamber

Category:CDP

Audits:

mStable CDP history

TVL is the default DefiLlama definition. Daily values are UTC snapshots from Oct 29, 2020 to Nov 14, 2026.

All-time high TVL: $198.92m on Nov 10, 2021. All-time low TVL: $2.8m on Oct 30, 2026.

Daily TVL, Oct 16, 2026 to Nov 14, 2026

DateTVL
Oct 16, 2026$2.8m
Oct 17, 2026$2.8m
Oct 18, 2026$2.8m
Oct 19, 2026$2.8m
Oct 20, 2026$2.8m
Oct 21, 2026$2.8m
Oct 22, 2026$2.8m
Oct 23, 2026$2.8m
Oct 24, 2026$2.8m
Oct 25, 2026$2.8m
Oct 26, 2026$2.8m
Oct 27, 2026$2.8m
Oct 28, 2026$2.8m
Oct 29, 2026$2.8m
Oct 30, 2026$2.8m
Oct 31, 2026$2.8m
Nov 1, 2026$2.8m
Nov 2, 2026$2.8m
Nov 3, 2026$2.8m
Nov 4, 2026$2.8m
Nov 5, 2026$2.8m
Nov 6, 2026$2.8m
Nov 7, 2026$2.8m
Nov 8, 2026$2.8m
Nov 9, 2026$2.8m
Nov 10, 2026$2.8m
Nov 11, 2026$2.8m
Nov 12, 2026$2.8m
Nov 13, 2026$2.8m
Nov 14, 2026$2.8m

TVL at each month end, Dec 2024 to Nov 2026

DateTVL
Dec 31, 2024$3.04m
Jan 31, 2025$3.03m
Feb 28, 2025$2.99m
Mar 31, 2025$2.89m
Apr 30, 2025$2.88m
May 31, 2025$2.9m
Jun 30, 2025$2.9m
Jul 31, 2025$2.89m
Aug 31, 2025$2.9m
Sep 30, 2025$2.91m
Oct 31, 2025$2.91m
Nov 30, 2025$2.9m
Dec 31, 2025$3.2m
Jan 31, 2026$3.17m
Feb 28, 2026$3.2m
Mar 31, 2026$3.18m
Apr 30, 2026$3.17m
May 31, 2026$3.17m
Jun 30, 2026$3.01m
Jul 31, 2026$3.01m
Aug 31, 2026$3.01m
Sep 30, 2026$3.01m
Oct 31, 2026$2.8m
Nov 14, 2026 (latest)$2.8m

TVL at each year end, Dec 31, 2020 to Dec 31, 2025

DateTVL
Dec 31, 2020$26.56m
Dec 31, 2021$126.33m
Dec 31, 2022$15.41m
Dec 31, 2023$3.44m
Dec 31, 2024$3.04m
Dec 31, 2025$3.2m

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

Frequently asked questions

What is mStable CDP's TVL?

As of Nov 14, 2026, mStable CDP has $2.8m in total value locked. TVL has decreased 0.1% over the past 30 days.

What chains does mStable CDP operate on?

mStable CDP operates on 2 chains: Ethereum and Polygon. Ethereum holds the largest share at 95.7%.

How does mStable CDP's TVL compare to similar protocols?

Among CDP protocols tracked by DefiLlama, mStable CDP ranks #25 by TVL. The category holds $5.464b across 198 protocols, and mStable CDP accounts for 0.1% of that total. Similar protocols include QiDao, Angle, Parallel Protocol V2, xDollar, Davos Protocol, MahaDAO Arth, DEUS Finance, Sky Lending, USDD, and Liquity V1.