Ask about Noon · freeTotal Value Locked$37.9m
TVL by Chain
Ethereum$37.88m
Sophon$8,237
ZKsync Era$5,165
TAC$3,877
Key Metrics
Fees 30d$254,786
Fees 30d by chain
Ethereum$254,783
TAC$4.88
ZKsync Era$3.37
Sophon$1.32
Fees 7d$61,289
Ethereum$61,289
TAC$1.15
ZKsync Era$0.39
Sophon$0.31
Fees 24h$6,791
Ethereum$6,791
TAC$0.13
Sophon$0.03
ZKsync Era$0.02
Cumulative Fees$4.4m
Ethereum$3.49m
Sophon$578,321
TAC$280,076
ZKsync Era$45,254
Revenue 30d$50,957
Revenue 30d by chain
Ethereum$50,957
TAC$0.99
ZKsync Era$0.63
Sophon$0.30
Revenue 7d$12,258
Ethereum$12,258
TAC$0.24
Sophon$0.07
ZKsync Era$0.07
Revenue 24h$1,358
Ethereum$1,358
TAC$0.03
Sophon$0.01
ZKsync Era$0
Cumulative Revenue$879,243
Ethereum$698,523
Sophon$115,669
TAC$56,011
ZKsync Era$9,049
Holders Revenue 30d$0
Holders Revenue 30d by chain
Ethereum$0
Sophon$0
TAC$0
ZKsync Era$0
Holders Revenue 7d$0
Ethereum$0
Sophon$0
TAC$0
ZKsync Era$0
Holders Revenue 24h$0
Ethereum$0
Sophon$0
TAC$0
ZKsync Era$0
Cumulative Holders Revenue$0
Ethereum$0
Sophon$0
TAC$0
ZKsync Era$0
Protocol Information
Noon is a yield optimization protocol that generates delta-neutral returns, maximizes governance token utility, and ensures fair, sustainable value distribution
Audits:
Methodology
TVL: TVL is total supply of USN tokens. Staking is USN balance in sUSN contract.View code on GitHubFees: Total gross returns generated across Noon investment strategies (T-Bills, Private Credit, DeFi lending, funding rate arbitrage).View code on GitHubRevenue: 20% performance fee retained by the protocol (split between 10% Insurance Fund and 10% Operations Fund).View code on GitHubHolders Revenue: No direct distributions to NOON token holders (insurance surplus buybacks occur after 12-month seasoning).View code on GitHubCompetitors
Noon history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Feb 3, 2025 to Nov 4, 2026.
All-time high TVL: $39.13m on Aug 28, 2026. All-time low TVL: $21.38m on Aug 2, 2025.
Daily TVL, Oct 6, 2026 to Nov 4, 2026
| Date | TVL |
|---|---|
| Oct 6, 2026 | $37.58m |
| Oct 7, 2026 | $37.62m |
| Oct 8, 2026 | $36.83m |
| Oct 9, 2026 | $36.12m |
| Oct 10, 2026 | $36.17m |
| Oct 11, 2026 | $36.27m |
| Oct 12, 2026 | $36.27m |
| Oct 13, 2026 | $35.96m |
| Oct 14, 2026 | $35.73m |
| Oct 15, 2026 | $35.74m |
| Oct 16, 2026 | $35.79m |
| Oct 17, 2026 | $35.85m |
| Oct 18, 2026 | $35.98m |
| Oct 19, 2026 | $35.98m |
| Oct 20, 2026 | $36.22m |
| Oct 21, 2026 | $36.6m |
| Oct 22, 2026 | $37.02m |
| Oct 23, 2026 | $37.01m |
| Oct 24, 2026 | $37.31m |
| Oct 25, 2026 | $37.08m |
| Oct 26, 2026 | $37.41m |
| Oct 27, 2026 | $37.48m |
| Oct 28, 2026 | $37.71m |
| Oct 29, 2026 | $37.92m |
| Oct 30, 2026 | $37.78m |
| Oct 31, 2026 | $37.41m |
| Nov 1, 2026 | $37.39m |
| Nov 2, 2026 | $37.39m |
| Nov 3, 2026 | $37.94m |
| Nov 4, 2026 | $38.03m |
TVL at each month end, Feb 2025 to Nov 2026
| Date | TVL |
|---|---|
| Feb 28, 2025 | $31.42m |
| Mar 31, 2025 | $31.72m |
| Apr 30, 2025 | $27.47m |
| May 31, 2025 | $25.65m |
| Jun 30, 2025 | $26m |
| Jul 31, 2025 | $24.15m |
| Aug 31, 2025 | $24.15m |
| Sep 30, 2025 | $25.89m |
| Oct 31, 2025 | $24.14m |
| Nov 30, 2025 | $23.28m |
| Dec 31, 2025 | $23.4m |
| Jan 31, 2026 | $27.67m |
| Feb 28, 2026 | $30.94m |
| Mar 31, 2026 | $27.01m |
| Apr 30, 2026 | $28.23m |
| May 31, 2026 | $32.44m |
| Jun 30, 2026 | $32.6m |
| Jul 31, 2026 | $33.12m |
| Aug 31, 2026 | $38.35m |
| Sep 30, 2026 | $39.03m |
| Oct 31, 2026 | $37.41m |
| Nov 4, 2026 (latest) | $38.03m |
Fees, revenue and holders revenue by UTC calendar month, Apr 2025 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Apr 2025 | $44,570 | $8,918 | — |
| May 2025 | $134,157 | $26,831 | — |
| Jun 2025 | $118,621 | $23,722 | — |
| Jul 2025 | $255,222 | $51,043 | — |
| Aug 2025 | $259,942 | $51,991 | — |
| Sep 2025 | $291,171 | $58,232 | — |
| Oct 2025 | $282,670 | $56,534 | — |
| Nov 2025 | $288,487 | $57,702 | — |
| Dec 2025 | $282,425 | $56,482 | — |
| Jan 2026 | $212,368 | $42,476 | — |
| Feb 2026 | $239,435 | $47,887 | — |
| Mar 2026 | $250,684 | $50,133 | — |
| Apr 2026 | $197,265 | $39,453 | — |
| May 2026 | $231,844 | $46,367 | — |
| Jun 2026 | $278,031 | $55,603 | — |
| Jul 2026 | $244,787 | $48,955 | — |
| Aug 2026 | $236,810 | $47,363 | — |
| Sep 2026 | $254,388 | $50,874 | $0 |
| Oct 2026 | $265,849 | $53,169 | $0 |
| Nov 2026 (to date) | $34,331 | $6,866 | $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/noon
Frequently asked questions
What is Noon's TVL?
As of Nov 4, 2026, Noon has $37.9m in total value locked. TVL has decreased 1.8% over the past 30 days.
What chains does Noon operate on?
Noon operates on 4 chains: Ethereum, Sophon, ZKsync Era, and TAC. Ethereum holds the largest share at 100%.
How much has Noon generated in fees and revenue?
Over the past 30 days, Noon generated $254,786 in fees. Of that, $50,957 was protocol revenue. Based on the trailing year, the annualized rate is $3m in fees and $599,635 in revenue.
How does Noon's TVL compare to similar protocols?
Among Yield protocols tracked by DefiLlama, Noon ranks #15 by TVL. The category holds $4.195b across 575 protocols, and Noon accounts for 0.9% of that total. Similar protocols include Bella Protocol, Spark Savings, Pendle V2, Convex Finance, Avalon Superearn, Stake DAO Yield, Lorenzo sUSD1+, Concentrator, infiniFi, and Wise Token.