Ask about Reflect Tranches

Logo of Reflect TranchesReflect Tranches

Total Value Locked$1.77m

TVL by Chain

Solana$1.77m

Key Metrics

DEX Volume 30d$1.65m
DEX Volume 30d by chain

Solana$1.65m

DEX Volume 7d$364,735

Solana$364,735

DEX Volume 24h$2,133

Solana$2,133

Cumulative DEX Volume$1.85m

Solana$1.85m

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.

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Category:Yield

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 GitHub

Yields

Pools Tracked6

Average Supply APY33.7%

Competitors

Sanctum Reserve ($74.95m)Exponent Yield Exchange ($68.77m)Exponent Risk Tranching ($14.09m)Quarry ($6.86m)Vectis Finance ($5.11m)Sunny ($3.04m)RateX DEX ($3.03m)PiggyBank ($1.78m)The Vault Unstake Pool ($591,891)Overpass ($515,966)

Frequently Asked Questions

What is Reflect Tranches' TVL?

Reflect Tranches currently has $1.77m in total value locked.

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 #67 by TVL. The category holds $4.765b across 575 protocols, and Reflect Tranches accounts for <0.1% of that total. Other leading protocols include Sanctum Reserve, Exponent Yield Exchange, Exponent Risk Tranching, Quarry, Vectis Finance, Sunny, RateX DEX, PiggyBank, The Vault Unstake Pool, and Overpass.

How much trading volume does Reflect Tranches process?

Reflect Tranches processed $1.65m in DEX volume over the past 30 days.