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.
Audits:
Methodology
TVL: TVL = Total value of tokens locked in Pirex VaultsView code on GitHubCompetitors
Pirex history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Sep 15, 2022 to Oct 24, 2026.
All-time high TVL: $28.99m on Mar 12, 2024. All-time low TVL: $1.8m on Jul 1, 2026.
Daily TVL, Sep 25, 2026 to Oct 24, 2026
| Date | TVL |
|---|---|
| Sep 25, 2026 | $3.45m |
| Sep 26, 2026 | $3.45m |
| Sep 27, 2026 | $3.4m |
| Sep 28, 2026 | $3.65m |
| Sep 29, 2026 | $3.68m |
| Sep 30, 2026 | $3.6m |
| Oct 1, 2026 | $3.58m |
| Oct 2, 2026 | $3.49m |
| Oct 3, 2026 | $3.72m |
| Oct 4, 2026 | $3.86m |
| Oct 5, 2026 | $3.84m |
| Oct 6, 2026 | $3.79m |
| Oct 7, 2026 | $3.74m |
| Oct 8, 2026 | $3.85m |
| Oct 9, 2026 | $3.37m |
| Oct 10, 2026 | $3.53m |
| Oct 11, 2026 | $3.49m |
| Oct 12, 2026 | $3.57m |
| Oct 13, 2026 | $3.31m |
| Oct 14, 2026 | $3.29m |
| Oct 15, 2026 | $3.19m |
| Oct 16, 2026 | $3.38m |
| Oct 17, 2026 | $3.32m |
| Oct 18, 2026 | $3.24m |
| Oct 19, 2026 | $3.44m |
| Oct 20, 2026 | $3.52m |
| Oct 21, 2026 | $4.03m |
| Oct 22, 2026 | $4.39m |
| Oct 23, 2026 | $4.13m |
| Oct 24, 2026 | $4.03m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $10.17m |
| Dec 31, 2024 | $12.69m |
| Jan 31, 2025 | $7.2m |
| Feb 28, 2025 | $5.36m |
| Mar 31, 2025 | $4.75m |
| Apr 30, 2025 | $6.45m |
| May 31, 2025 | $5.72m |
| Jun 30, 2025 | $5.12m |
| Jul 31, 2025 | $9.85m |
| Aug 31, 2025 | $7.8m |
| Sep 30, 2025 | $7.02m |
| Oct 31, 2025 | $4.07m |
| Nov 30, 2025 | $3.63m |
| Dec 31, 2025 | $3.31m |
| Jan 31, 2026 | $4.07m |
| Feb 28, 2026 | $3.48m |
| Mar 31, 2026 | $3.14m |
| Apr 30, 2026 | $3.03m |
| May 31, 2026 | $2.73m |
| Jun 30, 2026 | $1.87m |
| Jul 31, 2026 | $2.32m |
| Aug 31, 2026 | $3.75m |
| Sep 30, 2026 | $3.6m |
| Oct 24, 2026 (latest) | $4.03m |
TVL at each year end, Dec 31, 2022 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2022 | $5.01m |
| Dec 31, 2023 | $14.69m |
| Dec 31, 2024 | $12.69m |
| Dec 31, 2025 | $3.31m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/pirex
Frequently asked questions
What is Pirex's TVL?
As of Oct 24, 2026, Pirex has $3.96m in total value locked. TVL has increased 23.6% 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 98.2%.
How does Pirex's TVL compare to similar protocols?
Among Yield protocols tracked by DefiLlama, Pirex ranks #48 by TVL. The category holds $4.641b across 568 protocols, and Pirex accounts for 0.1% of that total. Similar protocols include Spark Savings, Pendle V2, Convex Finance, Stake DAO Yield, AUTOfinance, Royco V2, Equilibria, Spectra V2, Aura, and Harmonix Finance.