Total Value Locked$501,957
TVL by Chain
Ethereum$194,923
Arbitrum$170,121
Base$84,426
BSC$52,488
Key Metrics
Fees 30d$3,192
Fees 30d by chain
Ethereum$3,151
Base$33.07
Arbitrum$8.58
BSC$0
Fees 7d$496.55
Ethereum$489
Base$7.22
Arbitrum$0.79
BSC$0
Fees 24h$0
Arbitrum$0
Base$0
BSC$0
Ethereum$0
Cumulative Fees$29.5m
Arbitrum$16.99m
BSC$9.65m
Ethereum$2.65m
Base$211,707
Revenue 30d$3,192
Revenue 30d by chain
Ethereum$3,151
Base$33.07
Arbitrum$8.58
BSC$0
Revenue 7d$496.55
Ethereum$489
Base$7.22
Arbitrum$0.79
BSC$0
Revenue 24h$0
Arbitrum$0
Base$0
BSC$0
Ethereum$0
Cumulative Revenue$22.14m
Arbitrum$12.75m
BSC$7.24m
Ethereum$1.99m
Base$162,197
Holders Revenue 30d$1,913
Holders Revenue 30d by chain
Ethereum$1,889
Base$19.83
Arbitrum$5.16
BSC$0
Holders Revenue 7d$297.53
Ethereum$293
Base$4.33
Arbitrum$0.48
BSC$0
Holders Revenue 24h$0
Arbitrum$0
Base$0
BSC$0
Ethereum$0
Cumulative Holders Revenue$17.7m
Arbitrum$10.19m
BSC$5.79m
Ethereum$1.59m
Base$127,016
Active Loans$243,673
Protocol Information
Radiant v2 introduces a migration to the LayerZero OFT format, improving cross-chain fee sharing, enabling faster launches on additional chains, and allowing native ownership of bridging contracts. This update addresses utility exchange concerns and eligibility for RDNT emissions by implementing changes to core protocol mechanics, emissions, utility, and enhancing cross-chain functionality
Audits:
Methodology
TVL: Counts the tokens locked in the contracts to be used as collateral to borrow or to earn yield. Borrowed coins are not counted towards the TVL, so only the coins actually locked in the contracts are counted. There's multiple reasons behind this but one of the main ones is to avoid inflating the TVL through cycled lending.View code on GitHubFees: Platform fees collected by Radiant (reserve-factor cut of borrow interest) and routed through MiddleFeeDistribution.View code on GitHubRevenue: All platform fees are kept by the protocol (split between the operationExpenses treasury and dLP lockers).View code on GitHubHolders Revenue: Remaining platform fees forwarded to MultiFeeDistribution and distributed to dLP lockers.View code on GitHubHacks
Date: Jan 2, 2024
Amount: $4.5m
Classification: Token & Share Accounting
Technique: Rounding Error
On January 2, 2024, Radiant Protocol on Arbitrum suffered a flashloan attack exploiting rounding issues in the burn function on a newly activated USDC market. Attacker extracted 1,900 ETH (~$4.5 million) beyond legitimate deposits through three attacks within 6 seconds of market activation.
Chains: Arbitrum
Language: Solidity
Target Type: DeFi Protocol
Date: Oct 16, 2024
Amount: $50m
Classification: Social Engineering
Technique: Blind Signing
On 16 October 2024 attackers compromised three Radiant core contributors' devices with the INLETDRIFT macOS backdoor (delivered via Telegram impersonation of a former contractor) and manipulated the Safe{Wallet} front-end so signers saw legitimate data while signing malicious transactions, taking ownership of and draining Radiant lending markets on BSC and Arbitrum. Mandiant attributed the attack to DPRK-nexus actors.
Chains: BSC, Arbitrum
Language: Solidity
Target Type: DeFi Protocol
Competitors
Radiant V2 history
TVL is the default DefiLlama definition, which excludes Active Loans and Pool2. Daily values are UTC snapshots from Mar 19, 2023 to Nov 7, 2026.
All-time high TVL: $386.38m on Dec 9, 2023. All-time low TVL: $500,515 on Nov 6, 2026.
Daily TVL, Oct 9, 2026 to Nov 7, 2026
| Date | TVL |
|---|---|
| Oct 9, 2026 | $550,344 |
| Oct 10, 2026 | $550,399 |
| Oct 11, 2026 | $553,920 |
| Oct 12, 2026 | $560,338 |
| Oct 13, 2026 | $545,826 |
| Oct 14, 2026 | $552,864 |
| Oct 15, 2026 | $540,319 |
| Oct 16, 2026 | $543,585 |
| Oct 17, 2026 | $538,867 |
| Oct 18, 2026 | $534,146 |
| Oct 19, 2026 | $535,924 |
| Oct 20, 2026 | $533,860 |
| Oct 21, 2026 | $542,153 |
| Oct 22, 2026 | $545,345 |
| Oct 23, 2026 | $529,562 |
| Oct 24, 2026 | $525,412 |
| Oct 25, 2026 | $522,457 |
| Oct 26, 2026 | $518,007 |
| Oct 27, 2026 | $517,661 |
| Oct 28, 2026 | $520,710 |
| Oct 29, 2026 | $521,887 |
| Oct 30, 2026 | $500,916 |
| Oct 31, 2026 | $506,117 |
| Nov 1, 2026 | $509,201 |
| Nov 2, 2026 | $510,547 |
| Nov 3, 2026 | $505,472 |
| Nov 4, 2026 | $509,131 |
| Nov 5, 2026 | $526,696 |
| Nov 6, 2026 | $500,515 |
| Nov 7, 2026 | $501,955 |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $4.39m |
| Jan 31, 2025 | $4.1m |
| Feb 28, 2025 | $2.24m |
| Mar 31, 2025 | $1.7m |
| Apr 17, 2025 | $1.6m |
| May 31, 2025 | $3.65m |
| Jun 30, 2025 | $3.57m |
| Jul 31, 2025 | $4.16m |
| Aug 31, 2025 | $4.18m |
| Sep 30, 2025 | $3.93m |
| Oct 31, 2025 | $5.68m |
| Nov 30, 2025 | $7.16m |
| Dec 31, 2025 | $5.29m |
| Jan 31, 2026 | $4.49m |
| Feb 28, 2026 | $2.2m |
| Mar 31, 2026 | $1.88m |
| Apr 30, 2026 | $1.52m |
| May 31, 2026 | $1.02m |
| Jun 30, 2026 | $605,227 |
| Jul 31, 2026 | $616,435 |
| Aug 31, 2026 | $680,092 |
| Sep 30, 2026 | $719,067 |
| Oct 31, 2026 | $506,117 |
| Nov 7, 2026 (latest) | $501,955 |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $303.07m |
| Dec 31, 2024 | $4.39m |
| Dec 31, 2025 | $5.29m |
Fees, revenue and holders revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Dec 2024 | $19,484 | $14,611 | $11,689 |
| Jan 2025 | $30,223 | $25,690 | $18,133 |
| Feb 2025 | $15,375 | $13,078 | $9,227 |
| Mar 2025 | $12,102 | $10,290 | $7,265 |
| Apr 2025 | $8,377 | $7,120 | $5,022 |
| May 2025 | $16,216 | $13,781 | $9,727 |
| Jun 2025 | $3,505 | $2,987 | $2,107 |
| Jul 2025 | $2,787 | $2,361 | $1,671 |
| Aug 2025 | $4,455 | $3,790 | $2,674 |
| Sep 2025 | $3,784 | $3,216 | $2,270 |
| Oct 2025 | $3,062 | $2,602 | $1,840 |
| Nov 2025 | $9,034 | $7,681 | $5,419 |
| Dec 2025 | $14,147 | $12,023 | $8,488 |
| Jan 2026 | $12,745 | $10,828 | $7,651 |
| Feb 2026 | $3,600 | $3,061 | $2,161 |
| Mar 2026 | $2,400 | $2,033 | $1,439 |
| Apr 2026 | $1,240 | $1,050 | $744 |
| May 2026 | $636.50 | $539.89 | $382.17 |
| Jun 2026 | $569.81 | $534.75 | $341.76 |
| Jul 2026 | $321.50 | $321.50 | $193.47 |
| Aug 2026 | $648.05 | $648.05 | $390.40 |
| Sep 2026 | $1,928 | $1,928 | $1,156 |
| Oct 2026 | $2,965 | $2,965 | $1,777 |
| Nov 2026 (to date) | $455.45 | $455.45 | $273.07 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/radiant-v2
Frequently asked questions
What is Radiant V2's TVL?
As of Nov 7, 2026, Radiant V2 has $501,957 in total value locked. TVL has decreased 11.5% over the past 30 days.
What chains does Radiant V2 operate on?
Radiant V2 operates on 4 chains: Ethereum, Arbitrum, Base, and BSC. Ethereum holds the largest share at 38.8%.
How much has Radiant V2 generated in fees and revenue?
Over the past 30 days, Radiant V2 generated $3,192 in fees. Of that, $3,192 was protocol revenue. Based on the trailing year, the annualized rate is $49,807 in fees and $43,318 in revenue.
How does Radiant V2's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Radiant V2 ranks #149 by TVL. The category holds $50.116b across 518 protocols, and Radiant V2 accounts for <0.1% of that total. Similar protocols include Aave V3, Morpho Blue, Venus Core Pool, Euler V2, Native Credit Pool, Unitus, Folks Finance xChain, OmniBTC, Avalon Finance, and Teller.
How much has been borrowed through Radiant V2?
As of Nov 7, 2026, Radiant V2 has $243,673 in active loans.
Has Radiant V2 ever been exploited?
Radiant V2 has 2 recorded security incidents. The most recent incident occurred on Oct 16, 2024 and involved $50m. It was classified as Social Engineering.