Ask about Nonce Capital · freeProtocol Information
DeFi risk curator that manages asset allocation and strategies for third-party vaults, including ether.fi Liquid vaults and Midas tokenized funds.
Methodology
TVL: Count all assets deposited in all vaults curated by Nonce Capital: the ether.fi Liquid Boring Vaults (Ethereum and Optimism) and the Midas-issued Liquid Reserve and Liquid RWA tokens (Optimism). Midas tokens held by the Liquid vaults are excluded, as they are already counted in the vaults' NAV.View code on GitHubCompetitors
Nonce Capital history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Oct 1, 2025 to Oct 21, 2026.
All-time high TVL: $957.62m on Oct 7, 2025. All-time low TVL: $250.06m on Jun 28, 2026.
Daily TVL, Sep 22, 2026 to Oct 21, 2026
| Date | TVL |
|---|---|
| Sep 22, 2026 | $639.22m |
| Sep 23, 2026 | $639.52m |
| Sep 24, 2026 | $627.65m |
| Sep 25, 2026 | $629.74m |
| Sep 26, 2026 | $629.06m |
| Sep 27, 2026 | $630m |
| Sep 28, 2026 | $628.98m |
| Sep 29, 2026 | $630.28m |
| Sep 30, 2026 | $629.82m |
| Oct 1, 2026 | $632.16m |
| Oct 2, 2026 | $637.2m |
| Oct 3, 2026 | $630.85m |
| Oct 4, 2026 | $633.89m |
| Oct 5, 2026 | $641.58m |
| Oct 6, 2026 | $639.82m |
| Oct 7, 2026 | $637.49m |
| Oct 8, 2026 | $614.22m |
| Oct 9, 2026 | $600m |
| Oct 10, 2026 | $600.23m |
| Oct 11, 2026 | $603.59m |
| Oct 12, 2026 | $611.21m |
| Oct 13, 2026 | $591.34m |
| Oct 14, 2026 | $604.65m |
| Oct 15, 2026 | $590.37m |
| Oct 16, 2026 | $595.54m |
| Oct 17, 2026 | $590.98m |
| Oct 18, 2026 | $588.63m |
| Oct 19, 2026 | $592.63m |
| Oct 20, 2026 | $589.96m |
| Oct 21, 2026 | $601.41m |
TVL at each month end, Oct 2025 to Oct 2026
| Date | TVL |
|---|---|
| Oct 31, 2025 | $753.24m |
| Nov 30, 2025 | $514.85m |
| Dec 31, 2025 | $504.92m |
| Jan 31, 2026 | $483.24m |
| Feb 28, 2026 | $289.82m |
| Mar 31, 2026 | $376.48m |
| Apr 30, 2026 | $390.96m |
| May 31, 2026 | $326.31m |
| Jun 30, 2026 | $253.95m |
| Jul 31, 2026 | $358.01m |
| Aug 31, 2026 | $563.87m |
| Sep 30, 2026 | $629.82m |
| Oct 21, 2026 (latest) | $601.41m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/nonce-capital
Frequently asked questions
What is Nonce Capital's TVL?
As of Oct 21, 2026, Nonce Capital has $612.75m in total value locked. TVL has decreased 0.1% over the past 30 days.
What chains does Nonce Capital operate on?
Nonce Capital operates on 2 chains: Ethereum and OP Mainnet. Ethereum holds the largest share at 63%.
How does Nonce Capital's TVL compare to similar protocols?
Among Risk Curators protocols tracked by DefiLlama, Nonce Capital ranks #4 by TVL. The category holds $9.715b across 96 protocols, and Nonce Capital accounts for 6.3% of that total. Similar protocols include Gauntlet, K3 Capital, KPK, Re7 Labs, UltraYield Curator, Steakhouse Financial, Sentora Curator, RockawayX, Hyperithm, and Clearstar.