Ask about Reflect Tranches · freeTotal Value Locked$2.88m
TVL by Chain
Solana$2.88m
Key Metrics
DEX Volume 30d$2.03m
DEX Volume 30d by chain
Solana$2.03m
DEX Volume 7d$1.09m
Solana$1.09m
DEX Volume 24h$22,981
Solana$22,981
Cumulative DEX Volume$3.64m
Solana$3.64m
Protocol Information
Tranches splits a yield-bearing token into a senior tranche (protected, moderate yield) and a junior tranche (amplified yield, absorbs losses first) across the Reflect Proxy Program and the RLP insurance pool.
Methodology
TVL: Reflect Tranches TVL is the underlying tokens held by the live tranche pools on the RLP program. A pool is live when its protected_vault resolves to a real Reflect Proxy Program ProxyState, which excludes placeholder pools. Junior = the underlying assets held in each RLP pool's per-asset token accounts. Senior = the underlying held by the backstopped proxy vault.View code on GitHubDEX Volume: Daily user deposits and redemptions of each Reflect Tranches market's underlying yield-bearing stablecoin (e.g. syrupUSDC, eHYUSD), moved in/out of the senior tranche and junior tranche. Protocol-internal transfers between the two tranche accounts (yield routing, slashing) are excluded.View code on GitHubYields
Pools Tracked6
Average Supply APY18.96%
Competitors
Reflect Tranches history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Sep 14, 2026 to Oct 26, 2026.
All-time high TVL: $2.88m on Oct 26, 2026. All-time low TVL: $600,950 on Sep 20, 2026.
Daily TVL, Sep 27, 2026 to Oct 26, 2026
| Date | TVL |
|---|---|
| Sep 27, 2026 | $1.48m |
| Sep 28, 2026 | $1.48m |
| Sep 29, 2026 | $1.49m |
| Sep 30, 2026 | $1.47m |
| Oct 1, 2026 | $1.51m |
| Oct 2, 2026 | $1.73m |
| Oct 3, 2026 | $1.72m |
| Oct 4, 2026 | $1.72m |
| Oct 5, 2026 | $1.78m |
| Oct 6, 2026 | $1.77m |
| Oct 7, 2026 | $1.78m |
| Oct 8, 2026 | $1.75m |
| Oct 9, 2026 | $1.75m |
| Oct 10, 2026 | $1.75m |
| Oct 11, 2026 | $1.76m |
| Oct 12, 2026 | $1.76m |
| Oct 13, 2026 | $1.76m |
| Oct 14, 2026 | $1.8m |
| Oct 15, 2026 | $1.99m |
| Oct 16, 2026 | $2.15m |
| Oct 17, 2026 | $2.2m |
| Oct 18, 2026 | $2.28m |
| Oct 19, 2026 | $2.28m |
| Oct 20, 2026 | $2.33m |
| Oct 21, 2026 | $2.85m |
| Oct 22, 2026 | $2.78m |
| Oct 23, 2026 | $2.73m |
| Oct 24, 2026 | $2.76m |
| Oct 25, 2026 | $2.77m |
| Oct 26, 2026 | $2.88m |
TVL at each month end, Sep 2026 to Oct 2026
| Date | TVL |
|---|---|
| Sep 30, 2026 | $1.47m |
| Oct 26, 2026 (latest) | $2.88m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/reflect-tranches
Frequently asked questions
What is Reflect Tranches' TVL?
As of Oct 26, 2026, Reflect Tranches has $2.88m in total value locked. TVL has increased 94.6% over the past 30 days.
What chains does Reflect Tranches operate on?
Reflect Tranches operates on Solana. Solana holds the largest share at 100%.
How does Reflect Tranches' TVL compare to similar protocols?
Among Yield protocols tracked by DefiLlama, Reflect Tranches ranks #51 by TVL. The category holds $4.636b across 568 protocols, and Reflect Tranches accounts for 0.1% of that total. Similar protocols include Sanctum Reserve, Exponent Yield Exchange, Exponent Risk Tranching, Quarry, Vectis Finance, Sunny, RateX DEX, PiggyBank, Exceed Finance, and The Vault Unstake Pool.
How much trading volume does Reflect Tranches process?
Reflect Tranches processed $2.03m in DEX volume over the past 30 days.