Total Value Locked$247.87m
TVL by Chain
Avalanche$169.02m
Ethereum$47.05m
Plume Mainnet$31.8m
Key Metrics
Fees 30d$16,553
Fees 30d by chain
Avalanche$13,552
Ethereum$3,001
Plume Mainnet$0
Fees 7d$3,616
Avalanche$2,976
Ethereum$640
Plume Mainnet$0
Fees 24h$382
Avalanche$290
Ethereum$92
Plume Mainnet$0
Cumulative Fees$2.14m
Avalanche$1.92m
Ethereum$218,651
Plume Mainnet$0
Revenue 30d$2,239
Revenue 30d by chain
Avalanche$1,651
Ethereum$588
Plume Mainnet$0
Revenue 7d$512
Avalanche$386
Ethereum$126
Plume Mainnet$0
Revenue 24h$74
Avalanche$56
Ethereum$18
Plume Mainnet$0
Cumulative Revenue$255,006
Avalanche$223,348
Ethereum$31,635
Plume Mainnet$0
Protocol Information
Fintechs around the world use OpenTrade to power safe, compliant stablecoin yield products.
Sub Category: Other Fixed Income
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Includes yields on all vaults and management fees (0.50% p.a. on total collateral).View code on GitHubRevenue: Management fees (0.50% p.a.): Advisor 0.10% + Platform 0.20% + Liquidity 0.20%, applied to total collateral value.View code on GitHubCompetitors
OpenTrade history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from May 7, 2026 to Oct 18, 2026.
All-time high TVL: $267.57m on Sep 30, 2026. All-time low TVL: $5.67m on May 8, 2026.
Daily TVL, Sep 19, 2026 to Oct 18, 2026
| Date | TVL |
|---|---|
| Sep 19, 2026 | $265.09m |
| Sep 20, 2026 | $265.1m |
| Sep 21, 2026 | $265.13m |
| Sep 22, 2026 | $267.29m |
| Sep 23, 2026 | $267.18m |
| Sep 24, 2026 | $266.19m |
| Sep 25, 2026 | $266.23m |
| Sep 26, 2026 | $267.21m |
| Sep 27, 2026 | $267.24m |
| Sep 28, 2026 | $267.25m |
| Sep 29, 2026 | $267.56m |
| Sep 30, 2026 | $267.57m |
| Oct 1, 2026 | $266.96m |
| Oct 2, 2026 | $254.35m |
| Oct 3, 2026 | $251.85m |
| Oct 4, 2026 | $252.05m |
| Oct 5, 2026 | $252.08m |
| Oct 6, 2026 | $252.33m |
| Oct 7, 2026 | $252.62m |
| Oct 8, 2026 | $251.98m |
| Oct 9, 2026 | $251.07m |
| Oct 10, 2026 | $251.16m |
| Oct 11, 2026 | $251.18m |
| Oct 12, 2026 | $251.52m |
| Oct 13, 2026 | $251.93m |
| Oct 14, 2026 | $251.93m |
| Oct 15, 2026 | $246.92m |
| Oct 16, 2026 | $246.77m |
| Oct 17, 2026 | $247.64m |
| Oct 18, 2026 | $247.88m |
TVL at each month end, May 2026 to Oct 2026
| Date | TVL |
|---|---|
| May 31, 2026 | $169.65m |
| Jun 30, 2026 | $214.17m |
| Jul 31, 2026 | $246.37m |
| Aug 31, 2026 | $262.94m |
| Sep 30, 2026 | $267.57m |
| Oct 18, 2026 (latest) | $247.88m |
Fees and revenue by UTC calendar month, May 2025 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| May 2025 | $114,190 | $14,150 |
| Jun 2025 | $159,844 | $19,770 |
| Jul 2025 | $207,412 | $25,862 |
| Aug 2025 | $208,501 | $26,192 |
| Sep 2025 | $194,761 | $24,500 |
| Oct 2025 | $193,017 | $21,869 |
| Nov 2025 | $168,828 | $19,984 |
| Dec 2025 | $164,948 | $18,110 |
| Jan 2026 | $163,410 | $21,833 |
| Feb 2026 | $148,110 | $18,810 |
| Mar 2026 | $140,973 | $14,607 |
| Apr 2026 | $76,673 | $4,997 |
| May 2026 | $49,672 | $4,186 |
| Jun 2026 | $42,942 | $5,112 |
| Jul 2026 | $52,630 | $6,747 |
| Aug 2026 | $28,083 | $4,311 |
| Sep 2026 | $16,194 | $2,651 |
| Oct 2026 (to date) | $11,027 | $1,315 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/opentrade
Frequently asked questions
What is OpenTrade's TVL?
As of Oct 18, 2026, OpenTrade has $247.87m in total value locked. TVL has decreased 6% over the past 30 days.
What chains does OpenTrade operate on?
OpenTrade operates on 3 chains: Avalanche, Ethereum, and Plume Mainnet. Avalanche holds the largest share at 68.2%.
How much has OpenTrade generated in fees and revenue?
Over the past 30 days, OpenTrade generated $16,553 in fees. Of that, $2,239 was protocol revenue. Based on the trailing year, the annualized rate is $1.15m in fees and $132,439 in revenue.
How does OpenTrade's TVL compare to similar protocols?
Among RWA protocols tracked by DefiLlama, OpenTrade ranks #7 by TVL. The category holds $4.042b across 173 protocols, and OpenTrade accounts for 6.1% of that total. Other leading protocols include Plume Vaults, Re, Brickken, KAIO, Sweep, Ethena USDtb, Huma, Anemoy Capital, Theo Network thUSD, and Frax USD.

