Logo of PirexPirex(BTRFLY)
Total Value Locked$3.83m

TVL by Chain

Ethereum$3.77m

Arbitrum$65,432.9

Key Metrics

$BTRFLY Liquidity$905,474

Uniswap V3$889,182

Balancer V2$16,292

Protocol Information

Pirex is a product by Redacted which creates liquid wrappers that allow for auto-compounding and the tokenization of future yield/vote events.

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Category:Yield

Audits:

Methodology

TVL: TVL = Total value of tokens locked in Pirex VaultsView code on GitHub

Competitors

Pendle ($1.179b)Spark Savings ($1.147b)Convex Finance ($573.33m)Stake DAO ($141.79m)AUTOfinance ($45.22m)Spectra V2 ($39.66m)Royco V2 ($23.04m)Equilibria ($11.85m)Aura ($10.22m)Toros ($7.93m)

Frequently Asked Questions

What is Pirex's TVL?

Pirex currently has $3.83m in total value locked. TVL has increased 67.5% over the past 30 days.

What chains does Pirex operate on?

Pirex operates on 2 chains: Ethereum and Arbitrum. Ethereum holds the largest share at 98.3%.

How does Pirex's TVL compare to similar protocols?

Among Yield protocols tracked by DefiLlama, Pirex ranks #47 by TVL. The category holds $4.636b across 584 protocols, and Pirex accounts for 0.1% of that total. Other leading protocols include Pendle, Spark Savings, Convex Finance, Stake DAO, AUTOfinance, Spectra V2, Royco V2, Equilibria, Aura, and Toros.