PieDAO(DOUGH)
Total Value Locked$381,212
TVL by Chain
Ethereum$381,212
The chart plots Staking as its own series; it is not part of the TVL above.
Key Metrics
Staked$0
Treasury$60.36
Majors$1.92
Stablecoins$30.46
Own Tokens$0
Others$27.99
Protocol Information
PieDAO is the decentralized community building ETF products known as pies. Their offerings provide diversified exposure to both DEFI and the wider cryptocurrency ecosystem, with baskets of tokens automatically rebalancing to maintain set allocations. All decisions are made as a community, with members using the DOUGH token to vote on proposals. DOUGH also provides holders with a share of the fees generated by the DAO's products. The platform aims to simplify decentralized finance with automation and minimize risk with diversified portfolios reducing exposure to any one single asset.
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubTreasury: Value of tokens owned by the protocolCompetitors
PieDAO history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Nov 24, 2020 to Oct 18, 2026.
All-time high TVL: $28.05m on May 13, 2021. All-time low TVL: $357,469 on Sep 16, 2026.
Daily TVL, Sep 19, 2026 to Oct 18, 2026
| Date | TVL |
|---|---|
| Sep 19, 2026 | $418,095 |
| Sep 20, 2026 | $409,571 |
| Sep 21, 2026 | $416,463 |
| Sep 22, 2026 | $427,097 |
| Sep 23, 2026 | $431,394 |
| Sep 24, 2026 | $413,150 |
| Sep 25, 2026 | $431,965 |
| Sep 26, 2026 | $440,468 |
| Sep 27, 2026 | $423,110 |
| Sep 28, 2026 | $425,713 |
| Sep 29, 2026 | $425,281 |
| Sep 30, 2026 | $424,308 |
| Oct 1, 2026 | $418,790 |
| Oct 2, 2026 | $431,158 |
| Oct 3, 2026 | $434,479 |
| Oct 4, 2026 | $440,128 |
| Oct 5, 2026 | $448,524 |
| Oct 6, 2026 | $441,371 |
| Oct 7, 2026 | $435,509 |
| Oct 8, 2026 | $411,692 |
| Oct 9, 2026 | $392,017 |
| Oct 10, 2026 | $398,688 |
| Oct 11, 2026 | $404,187 |
| Oct 12, 2026 | $414,394 |
| Oct 13, 2026 | $384,856 |
| Oct 14, 2026 | $398,669 |
| Oct 15, 2026 | $385,246 |
| Oct 16, 2026 | $391,614 |
| Oct 17, 2026 | $383,730 |
| Oct 18, 2026 | $380,148 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $2.25m |
| Dec 31, 2024 | $1.79m |
| Jan 31, 2025 | $1.8m |
| Feb 28, 2025 | $1.32m |
| Mar 31, 2025 | $1.36m |
| Apr 30, 2025 | $1.44m |
| May 31, 2025 | $1.36m |
| Jun 30, 2025 | $1.22m |
| Jul 31, 2025 | $1.39m |
| Aug 31, 2025 | $1.45m |
| Sep 30, 2025 | $1.37m |
| Oct 31, 2025 | $1.19m |
| Nov 30, 2025 | $993,580 |
| Dec 31, 2025 | $945,565 |
| Jan 31, 2026 | $880,245 |
| Feb 28, 2026 | $711,224 |
| Mar 31, 2026 | $714,040 |
| Apr 30, 2026 | $782,122 |
| May 31, 2026 | $724,290 |
| Jun 30, 2026 | $596,125 |
| Jul 31, 2026 | $668,007 |
| Aug 31, 2026 | $946,406 |
| Sep 30, 2026 | $424,308 |
| Oct 18, 2026 (latest) | $380,148 |
TVL at each year end, Dec 31, 2020 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2020 | $7.96m |
| Dec 31, 2021 | $12.44m |
| Dec 31, 2022 | $1.5m |
| Dec 31, 2023 | $1.73m |
| Dec 31, 2024 | $1.79m |
| Dec 31, 2025 | $945,565 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/piedao
Frequently asked questions
What is PieDAO's TVL?
As of Oct 18, 2026, PieDAO has $381,212 in total value locked. TVL has increased 0.7% over the past 30 days.
What chains does PieDAO operate on?
PieDAO operates on Ethereum. Ethereum holds the largest share at 100%.
How does PieDAO's TVL compare to similar protocols?
Among Indexes protocols tracked by DefiLlama, PieDAO ranks #14 by TVL. The category holds $306.09m across 74 protocols, and PieDAO accounts for 0.1% of that total. Other leading protocols include SoSoValue Indexes, Enzyme Finance, Reserve Protocol, Chamber Vaults, Index Coop, Set Protocol, Asymmetry Finance, Alongside, Cryptex V1, and SHPRD.
Does PieDAO have a treasury?
PieDAO has a tracked treasury currently valued at $60.36. Its holdings include $30.46 in stablecoins, $1.92 in major assets, $27.99 in other assets.