Ask about Mu Digital · freeKey Metrics
Fees 30d$0
Fees 30d by chain
Ethereum$0
Monad$0
Fees 7d$0
Ethereum$0
Monad$0
Fees 24h$0
Ethereum$0
Monad$0
Cumulative Fees$434,211
Monad$220,188
Ethereum$214,025
Revenue 30d$0
Revenue 30d by chain
Ethereum$0
Monad$0
Revenue 7d$0
Ethereum$0
Monad$0
Revenue 24h$0
Ethereum$0
Monad$0
Cumulative Revenue$43,441
Monad$22,009
Ethereum$21,425
Total Raised$1.5m
Nov 19, 2025$1.5mRound: Pre-SeedInvestors: CMS Holdings, Signum Capital, UOB Venture Management, Cointelegraph, Echo
Protocol Information
Mu Digital is a protocol focused on bringing Asia based fixed income assets onchain through tokenization. The platform structures credit products, such as government bonds, corporate bonds and private credit, into two onchain tokens. AZND (Asia Dollar) represents the senior tranche backed by underlying credit assets. muBOND represents a junior tranche designed to absorb portfolio level volatility.
Sub Category: Private Credit, Other Fixed Income
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Total yield generated by Mu Digital strategies, including yield distributed to holders and performance fees retained by the protocol.View code on GitHubRevenue: 10% performance fee applied to realized yield. The protocol charges no management fees and mint/redeem fees are currently zero.View code on GitHubMu Digital history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Nov 28, 2025 to Jul 28, 2026.
All-time high TVL: $21.58m on Jun 9, 2026. All-time low TVL: $10.77m on Apr 10, 2026.
Daily TVL, Jun 29, 2026 to Jul 28, 2026
| Date | TVL |
|---|---|
| Jun 29, 2026 | $17.3m |
| Jun 30, 2026 | $17.3m |
| Jul 1, 2026 | $17.3m |
| Jul 2, 2026 | $17.3m |
| Jul 3, 2026 | $17.3m |
| Jul 4, 2026 | $17.3m |
| Jul 5, 2026 | $17.3m |
| Jul 6, 2026 | $17.3m |
| Jul 7, 2026 | $17.3m |
| Jul 8, 2026 | $17.3m |
| Jul 9, 2026 | $17.3m |
| Jul 10, 2026 | $17.3m |
| Jul 11, 2026 | $17.3m |
| Jul 12, 2026 | $17.3m |
| Jul 13, 2026 | $17.3m |
| Jul 14, 2026 | $17.3m |
| Jul 15, 2026 | $0 |
| Jul 16, 2026 | $0 |
| Jul 17, 2026 | $0 |
| Jul 18, 2026 | $0 |
| Jul 19, 2026 | $0 |
| Jul 20, 2026 | $0 |
| Jul 21, 2026 | $0 |
| Jul 22, 2026 | $0 |
| Jul 23, 2026 | $0 |
| Jul 24, 2026 | $0 |
| Jul 25, 2026 | $0 |
| Jul 26, 2026 | $0 |
| Jul 27, 2026 | $0 |
| Jul 28, 2026 | $0 |
TVL at each month end, Nov 2025 to Jul 2026
| Date | TVL |
|---|---|
| Nov 30, 2025 | $11.99m |
| Dec 31, 2025 | $13.86m |
| Jan 31, 2026 | $13.27m |
| Feb 28, 2026 | $12.46m |
| Mar 31, 2026 | $12.84m |
| Apr 30, 2026 | $13.81m |
| May 31, 2026 | $19.99m |
| Jun 30, 2026 | $17.3m |
| Jul 28, 2026 (latest) | $0 |
Fees and revenue by UTC calendar month, Feb 2026 to Nov 2026
| Month | Fees | Revenue |
|---|---|---|
| Feb 2026 | $1,457 | $144 |
| Mar 2026 | $66,317 | $6,630 |
| Apr 2026 | $125,773 | $12,589 |
| May 2026 | $225,924 | $22,596 |
| Jun 2026 | $14,740 | $1,482 |
| Jul 2026 | $0 | $0 |
| Aug 2026 | $0 | $0 |
| Sep 2026 | $0 | $0 |
| Oct 2026 | $0 | $0 |
| Nov 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/mu-digital
Frequently asked questions
What is Mu Digital's TVL?
As of Jul 28, 2026, Mu Digital has $0 in total value locked. TVL has decreased 100% over the past 30 days.
How much has Mu Digital generated in fees and revenue?
Over the past 30 days, Mu Digital generated $0 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $633,948 in fees and $63,424 in revenue.