Protocol Information
Notional Exponent is built for DeFi power users who deploy leverage to increase yield. The protocol connects directly to leading lending markets like Morpho to source borrow liquidity for specialized yield vaults. This allows users to lever up and increase their returns.
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubCompetitors
Notional Exponent history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jan 28, 2026 to Oct 25, 2026.
All-time high TVL: $1.32m on Feb 3, 2026. All-time low TVL: $115 on Jan 28, 2026.
Daily TVL, Sep 26, 2026 to Oct 25, 2026
| Date | TVL |
|---|---|
| Sep 26, 2026 | $198 |
| Sep 27, 2026 | $199 |
| Sep 28, 2026 | $196 |
| Sep 29, 2026 | $198 |
| Sep 30, 2026 | $197 |
| Oct 1, 2026 | $198 |
| Oct 2, 2026 | $199 |
| Oct 3, 2026 | $197 |
| Oct 4, 2026 | $198 |
| Oct 5, 2026 | $200 |
| Oct 6, 2026 | $200 |
| Oct 7, 2026 | $192 |
| Oct 8, 2026 | $190 |
| Oct 9, 2026 | $184 |
| Oct 10, 2026 | $184 |
| Oct 11, 2026 | $185 |
| Oct 12, 2026 | $188 |
| Oct 13, 2026 | $180 |
| Oct 14, 2026 | $185 |
| Oct 15, 2026 | $180 |
| Oct 16, 2026 | $181 |
| Oct 17, 2026 | $180 |
| Oct 18, 2026 | $179 |
| Oct 19, 2026 | $179 |
| Oct 20, 2026 | $178 |
| Oct 21, 2026 | $182 |
| Oct 22, 2026 | $181 |
| Oct 23, 2026 | $178 |
| Oct 24, 2026 | $176 |
| Oct 25, 2026 | $176 |
TVL at each month end, Jan 2026 to Oct 2026
| Date | TVL |
|---|---|
| Jan 31, 2026 | $1.31m |
| Feb 28, 2026 | $1.04m |
| Mar 31, 2026 | $179,433 |
| Apr 30, 2026 | $490,256 |
| May 31, 2026 | $489,252 |
| Jun 30, 2026 | $1,647 |
| Jul 31, 2026 | $1,611 |
| Aug 31, 2026 | $1,629 |
| Sep 30, 2026 | $197 |
| Oct 25, 2026 (latest) | $176 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/notional-exponent
Frequently asked questions
What is Notional Exponent's TVL?
As of Oct 25, 2026, Notional Exponent has $174.47 in total value locked. TVL has decreased 11.9% over the past 30 days.
What chains does Notional Exponent operate on?
Notional Exponent operates on Ethereum. Ethereum holds the largest share at 100%.
How does Notional Exponent's TVL compare to similar protocols?
Among Leveraged Farming protocols tracked by DefiLlama, Notional Exponent ranks #33 by TVL. The category holds $263.5m across 39 protocols, and Notional Exponent accounts for <0.1% of that total. Similar protocols include Yield Basis, Origami Finance, 3F, AirPuff, Loop, Arcadia V1, VII Finance, Zenith, Yieldoor, and Archimedes Finance.