Logo of Notional V2Notional V2(NOTE)Deprecated protocol
Total Value Locked$3.1m

TVL by Chain

Ethereum$3.1m

Key Metrics

Total Raised$10m

Apr 29, 2021$10mRound: Series AInvestors: Pantera Capital, ParaFi Capital, 1Confirmation, The Spartan Group, Nascent, Nima Capital

Protocol Information

Fixed rate lending on Ethereum

Category:Lending

Audits:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Hacks

Date: Sep 4, 2026

Amount: $1.73m

Classification: Token & Share Accounting

Technique: Arithmetic Error

Chains: Ethereum

Language: Solidity

Target Type: DeFi Protocol

Frequently Asked Questions

What is Notional V2's TVL?

Notional V2 currently has $3.1m in total value locked. TVL has decreased 18.3% over the past 30 days.

What chains does Notional V2 operate on?

Notional V2 operates on Ethereum. Ethereum holds the largest share at 100%.

Has Notional V2 ever been exploited?

Notional V2 has 1 recorded security incident. The most recent incident occurred on Sep 4, 2026 and involved $1.73m. It was classified as Token & Share Accounting.