Logo of Pirex

Pirex(BTRFLY)

Total Value Locked$2.47m

TVL by Chain

Ethereum$2.4m

Arbitrum$64,381

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.

Part of Dinero

Category:Yield

Audits:

Pirex history

TVL is the default DefiLlama definition. Daily values are UTC snapshots from Sep 15, 2022 to Nov 15, 2026.

All-time high TVL: $28.99m on Mar 12, 2024. All-time low TVL: $1.8m on Jul 1, 2026.

Daily TVL, Oct 17, 2026 to Nov 15, 2026

DateTVL
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
Oct 25, 2026$4.22m
Oct 26, 2026$4.12m
Oct 27, 2026$3.98m
Oct 28, 2026$3.89m
Oct 29, 2026$3.94m
Oct 30, 2026$3.23m
Oct 31, 2026$3.38m
Nov 1, 2026$3.47m
Nov 2, 2026$3.45m
Nov 3, 2026$3.26m
Nov 4, 2026$3.15m
Nov 5, 2026$3.32m
Nov 6, 2026$3.07m
Nov 7, 2026$3.13m
Nov 8, 2026$3.06m
Nov 9, 2026$2.95m
Nov 10, 2026$3m
Nov 11, 2026$2.9m
Nov 12, 2026$2.86m
Nov 13, 2026$2.81m
Nov 14, 2026$2.69m
Nov 15, 2026$2.42m

TVL at each month end, Dec 2024 to Nov 2026

DateTVL
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 31, 2026$3.38m
Nov 15, 2026 (latest)$2.42m

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

DateTVL
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 Nov 15, 2026, Pirex has $2.47m in total value locked. TVL has decreased 27% 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 97.4%.

How does Pirex's TVL compare to similar protocols?

Among Yield protocols tracked by DefiLlama, Pirex ranks #54 by TVL. The category holds $3.889b across 580 protocols, and Pirex accounts for 0.1% of that total. Similar protocols include Spark Savings, Pendle V2, Convex Finance, Stake DAO Yield, AUTOfinance, Spectra V2, Aura, Equilibria, Royco V2, and Harmonix Finance.