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ParaSpace Lending V1

Total Value Locked$140,806

TVL by Chain

Ethereum$140,381

Arbitrum$407.17

Polygon$17.67

ZKsync Era$0

Moonbeam$0

The chart plots Active Loans as its own series; it is not part of the TVL above.

Key Metrics

Active Loans$421,609

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Protocol Information

ParaSpace is a permissionless universal, cross-margin NFT lending protocol that enables users to collateralize both ERC-721 and ERC-20 assets into a single portfolio to borrow against.

Category:Lending

Audits:

Methodology

TVL: TVL includes ERC-20 and ERC-721 tokens that have been supplied as well as ERC-20 tokens that are supplied for lending.View code on GitHub

Hacks

Date: Mar 17, 2023

Amount: $5m

Classification: Oracle Manipulation

Technique: Spot Price Manipulation

Chains: Ethereum

Language: Solidity

Target Type: NFTfi

Returned Funds: $5m

Competitors

ParaSpace Lending V1 history

TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from Dec 2, 2022 to Oct 17, 2026.

All-time high TVL: $163.57m on May 4, 2023. All-time low TVL: $89,259 on Jun 26, 2026.

Daily TVL, Sep 18, 2026 to Oct 17, 2026

DateTVL
Sep 18, 2026$159,319
Sep 19, 2026$171,720
Sep 20, 2026$168,631
Sep 21, 2026$170,586
Sep 22, 2026$177,791
Sep 23, 2026$183,122
Sep 24, 2026$177,672
Sep 25, 2026$175,694
Sep 26, 2026$175,289
Sep 27, 2026$174,256
Sep 28, 2026$171,339
Sep 29, 2026$171,364
Sep 30, 2026$171,795
Oct 1, 2026$172,218
Oct 2, 2026$171,599
Oct 3, 2026$165,299
Oct 4, 2026$170,298
Oct 5, 2026$170,274
Oct 6, 2026$169,105
Oct 7, 2026$164,093
Oct 8, 2026$157,915
Oct 9, 2026$151,344
Oct 10, 2026$151,878
Oct 11, 2026$148,544
Oct 12, 2026$153,630
Oct 13, 2026$142,032
Oct 14, 2026$147,548
Oct 15, 2026$143,583
Oct 16, 2026$141,311
Oct 17, 2026$141,672

TVL at each month end, Nov 2024 to Oct 2026

DateTVL
Nov 30, 2024$716,488
Dec 31, 2024$805,472
Jan 31, 2025$587,015
Feb 28, 2025$412,465
Mar 31, 2025$291,326
Apr 30, 2025$302,100
May 31, 2025$385,349
Jun 30, 2025$377,437
Jul 31, 2025$621,722
Aug 31, 2025$598,770
Sep 30, 2025$510,352
Oct 31, 2025$218,280
Nov 30, 2025$167,226
Dec 31, 2025$165,262
Jan 31, 2026$151,035
Feb 28, 2026$110,459
Mar 31, 2026$118,268
Apr 30, 2026$127,089
May 31, 2026$115,621
Jun 30, 2026$92,465
Jul 31, 2026$185,249
Aug 31, 2026$230,934
Sep 30, 2026$171,795
Oct 17, 2026 (latest)$141,672

TVL at each year end, Dec 31, 2022 to Dec 31, 2025

DateTVL
Dec 31, 2022$30.93m
Dec 31, 2023$8.17m
Dec 31, 2024$805,472
Dec 31, 2025$165,262

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/paraspace-lending-v1

Frequently asked questions

What is ParaSpace Lending V1's TVL?

As of Oct 17, 2026, ParaSpace Lending V1 has $140,806 in total value locked. TVL has decreased 11.5% over the past 30 days.

What chains does ParaSpace Lending V1 operate on?

ParaSpace Lending V1 operates on 5 chains: Ethereum, Arbitrum, Polygon, ZKsync Era, and Moonbeam. Ethereum holds the largest share at 99.7%.

How does ParaSpace Lending V1's TVL compare to similar protocols?

Among Lending protocols tracked by DefiLlama, ParaSpace Lending V1 ranks #207 by TVL. The category holds $51.634b across 517 protocols, and ParaSpace Lending V1 accounts for <0.1% of that total. Other leading protocols include Aave V3, WePiggy, Tarot, Impermax V2, Fringe V2, Prime Protocol, Morpho Blue, Compound V3, Venus Core Pool, and Fluid Lending.

How much has been borrowed through ParaSpace Lending V1?

As of Oct 17, 2026, ParaSpace Lending V1 has $421,609 in active loans.

Has ParaSpace Lending V1 ever been exploited?

ParaSpace Lending V1 has 1 recorded security incident. The most recent incident occurred on Mar 17, 2023 and involved $5m. It was classified as Oracle Manipulation.