Ask about Napier · freeTotal Value Locked$108,085
TVL by Chain
Ethereum$101,468
Robinhood Chain$2,992
Base$1,829
Sonic$1,286
Arbitrum$378.55
Hyperliquid L1$84.85
Polygon$34.09
Fraxtal$12.19
OP Mainnet$0
Mantle$0
Avalanche$0
Plume$0
BSC$0
Key Metrics
Fees 30d$21.79
Fees 30d by chain
Ethereum$17.52
Robinhood Chain$4.27
Arbitrum$0
Avalanche$0
Base$0
BSC$0
Fraxtal$0
Hyperliquid L1$0
Mantle$0
OP Mainnet$0
Plume Mainnet$0
Polygon$0
Sonic$0
Fees 7d$4.25
Robinhood Chain$4.25
Arbitrum$0
Base$0
BSC$0
Ethereum$0
Fraxtal$0
Hyperliquid L1$0
Plume Mainnet$0
Fees 24h$0
Arbitrum$0
Base$0
BSC$0
Ethereum$0
Fraxtal$0
Hyperliquid L1$0
Plume Mainnet$0
Robinhood Chain$0
Cumulative Fees$29,675
Ethereum$22,297
Sonic$6,501
Base$857.33
Arbitrum$12.91
Robinhood Chain$4.27
Polygon$2.19
Hyperliquid L1$0.31
Plume Mainnet$0.14
BSC$0.10
Fraxtal$0.01
Avalanche$0
Mantle$0
OP Mainnet$0
Revenue 30d$0
Revenue 30d by chain
Arbitrum$0
Avalanche$0
Base$0
BSC$0
Ethereum$0
Fraxtal$0
Hyperliquid L1$0
Mantle$0
OP Mainnet$0
Plume Mainnet$0
Polygon$0
Robinhood Chain$0
Sonic$0
Revenue 7d$0
Arbitrum$0
Base$0
BSC$0
Ethereum$0
Fraxtal$0
Hyperliquid L1$0
Plume Mainnet$0
Robinhood Chain$0
Revenue 24h$0
Arbitrum$0
Base$0
BSC$0
Ethereum$0
Fraxtal$0
Hyperliquid L1$0
Plume Mainnet$0
Robinhood Chain$0
Cumulative Revenue$0.11
Ethereum$0.11
Arbitrum$0
Avalanche$0
Base$0
BSC$0
Fraxtal$0
Hyperliquid L1$0
Mantle$0
OP Mainnet$0
Plume Mainnet$0
Polygon$0
Robinhood Chain$0
Sonic$0
DEX Volume 30d$657.42
DEX Volume 30d by chain
Robinhood Chain$431.42
Base$226
Arbitrum$0
Avalanche$0
BSC$0
Ethereum$0
Fraxtal$0
Hyperliquid L1$0
Mantle$0
OP Mainnet$0
Plume Mainnet$0
Polygon$0
Sonic$0
DEX Volume 7d$431.42
Robinhood Chain$431.42
Arbitrum$0
Base$0
BSC$0
Ethereum$0
Fraxtal$0
Hyperliquid L1$0
Plume Mainnet$0
DEX Volume 24h$0.62
Robinhood Chain$0.62
Arbitrum$0
Base$0
BSC$0
Ethereum$0
Fraxtal$0
Hyperliquid L1$0
Plume Mainnet$0
Cumulative DEX Volume$711.20
Robinhood Chain$432.04
Base$226.16
Ethereum$53
Arbitrum$0
Avalanche$0
BSC$0
Fraxtal$0
Hyperliquid L1$0
Mantle$0
OP Mainnet$0
Plume Mainnet$0
Polygon$0
Sonic$0
Total Raised$1m
Nov 13, 2023$1mRound: Pre-SeedInvestors: Michael Egorov, MrBlock, Jinwoo Park, Sho Yoshida, Brandon Neal, Edward Mulraney, Fraction Ventures, B Dash Ventures, C2tP, Winthorpe, FLICKSHOT, Jawz, Charlie, Sidney Gottlieb
Protocol Information
A modular yield tokenization protocol that enables you to own, manage, create any yield products without permissions.
Audits:
Methodology
TVL: TVL is calculated on-chain by querying target token balances held in Principal Token vaults and AMM pools across all deployed markets.View code on GitHubFees: Total fees paid by users: AMM swap fees (Napier Curve pools and TokiHook pools, the whole swap fee including the part reserved for curators and protocol) and PT/YT fees (issuance, redemption, performance). PT/YT fee events fire on yield collection, not daily.View code on GitHubRevenue: Protocol/DAO share of PT/YT fees and of the TokiHook swap fee reserve, based on the Curator-Protocol fee split ratio.View code on GitHubDEX Volume: Aggregates trading volume from Napier AMM pools by tracking on-chain swap events: TokenExchange on Curve AMM (TwoCrypto) pools and HookSwap on the Napier AMM (TokiHook/Uniswap V4) hook each pool points to. Each swap is counted once, on its yield-bearing token leg, converted to the underlying asset with the market resolver's rate.View code on GitHubCompetitors
Napier history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jul 2, 2024 to Oct 23, 2026.
All-time high TVL: $49.48m on May 21, 2025. All-time low TVL: $12 on Jul 5, 2024.
Daily TVL, Sep 24, 2026 to Oct 23, 2026
| Date | TVL |
|---|---|
| Sep 24, 2026 | $113,493 |
| Sep 25, 2026 | $111,322 |
| Sep 26, 2026 | $111,618 |
| Sep 27, 2026 | $111,670 |
| Sep 28, 2026 | $110,369 |
| Sep 29, 2026 | $110,346 |
| Sep 30, 2026 | $110,769 |
| Oct 1, 2026 | $111,332 |
| Oct 2, 2026 | $112,058 |
| Oct 3, 2026 | $111,185 |
| Oct 4, 2026 | $111,429 |
| Oct 5, 2026 | $112,981 |
| Oct 6, 2026 | $112,523 |
| Oct 7, 2026 | $109,747 |
| Oct 8, 2026 | $108,913 |
| Oct 9, 2026 | $106,665 |
| Oct 10, 2026 | $106,747 |
| Oct 11, 2026 | $107,570 |
| Oct 12, 2026 | $108,487 |
| Oct 13, 2026 | $107,290 |
| Oct 14, 2026 | $107,731 |
| Oct 15, 2026 | $105,589 |
| Oct 16, 2026 | $106,046 |
| Oct 17, 2026 | $105,587 |
| Oct 18, 2026 | $105,323 |
| Oct 19, 2026 | $105,624 |
| Oct 20, 2026 | $105,247 |
| Oct 21, 2026 | $109,846 |
| Oct 22, 2026 | $109,518 |
| Oct 23, 2026 | $107,893 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $1.08m |
| Dec 31, 2024 | $507,796 |
| Jan 31, 2025 | $177,043 |
| Feb 28, 2025 | $120,240 |
| Mar 31, 2025 | $9.09m |
| Apr 30, 2025 | $42.18m |
| May 31, 2025 | $35.47m |
| Jun 30, 2025 | $15.93m |
| Jul 31, 2025 | $15.11m |
| Aug 31, 2025 | $12.67m |
| Sep 30, 2025 | $11.29m |
| Oct 31, 2025 | $7.16m |
| Nov 30, 2025 | $2.67m |
| Dec 31, 2025 | $502,269 |
| Jan 31, 2026 | $381,422 |
| Feb 28, 2026 | $296,335 |
| Mar 31, 2026 | $300,075 |
| Apr 30, 2026 | $122,636 |
| May 31, 2026 | $104,227 |
| Jun 30, 2026 | $88,383 |
| Jul 31, 2026 | $96,327 |
| Aug 31, 2026 | $106,318 |
| Sep 30, 2026 | $110,769 |
| Oct 23, 2026 (latest) | $107,893 |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $507,796 |
| Dec 31, 2025 | $502,269 |
Fees and revenue by UTC calendar month, Mar 2025 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Mar 2025 | $964.30 | $0 |
| Apr 2025 | $2,819 | $0 |
| May 2025 | $9,014 | $0 |
| Jun 2025 | $6,551 | $0 |
| Jul 2025 | $2,223 | $0 |
| Aug 2025 | $1,818 | $0 |
| Sep 2025 | $3,076 | $0 |
| Oct 2025 | $1,176 | $0 |
| Nov 2025 | $1,631 | $0 |
| Dec 2025 | $134.03 | $0 |
| Jan 2026 | $45.96 | $0 |
| Feb 2026 | $38.35 | $0 |
| Mar 2026 | $22.13 | $0.11 |
| Apr 2026 | $14.87 | $0 |
| May 2026 | $14.61 | $0 |
| Jun 2026 | $31.99 | $0 |
| Jul 2026 | $27.48 | $0 |
| Aug 2026 | $8.13 | $0 |
| Sep 2026 | $43.35 | $0 |
| Oct 2026 (to date) | $21.27 | $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/napier
Frequently asked questions
What is Napier's TVL?
As of Oct 23, 2026, Napier has $108,085 in total value locked. TVL has decreased 6.6% over the past 30 days.
What chains does Napier operate on?
Napier operates on 14 chains: Ethereum, Robinhood Chain, Base, Sonic, and Arbitrum and 9 others. Ethereum holds the largest share at 93.9%.
How much has Napier generated in fees and revenue?
Over the past 30 days, Napier generated $21.79 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $2,242 in fees and $0.19 in revenue.
How does Napier's TVL compare to similar protocols?
Among Yield protocols tracked by DefiLlama, Napier ranks #160 by TVL. The category holds $4.675b across 568 protocols, and Napier accounts for <0.1% of that total. Similar protocols include Pendle V2, Stake DAO Yield, Equilibria, Spectra V2, Aura, Penpie, WOOFi Earn, Spark Savings, Toros, and Saffron Vaults.
How much trading volume does Napier process?
Napier processed $657.42 in DEX volume over the past 30 days.