Total Value Locked$236.26m
TVL by Chain
Near$236.26m
Key Metrics
Fees 30d$817,233
Fees 30d by chain
Near$817,233
Fees 7d$139,674
Near$139,674
Fees 24h$18,724
Near$18,724
Cumulative Fees$11.37m
Near$11.37m
Revenue 30d$192,502
Revenue 30d by chain
Near$192,502
Revenue 7d$33,577
Near$33,577
Revenue 24h$4,532
Near$4,532
Cumulative Revenue$2.61m
Near$2.61m
Incentives 1y$17,316
Incentives 30d$6,819
Incentives 7d$24.75
Incentives 24h$0
Cumulative Incentives$36,180
Earnings (Annualized)$1.2m
Earnings 30d$185,683
Earnings 7d$33,552
Earnings 24h$4,532
Cumulative Earnings$2.57m
DEX Volume 30d$291.86m
DEX Volume 30d by chain
Near$291.86m
DEX Volume 7d$52.44m
Near$52.44m
DEX Volume 24h$7.56m
Near$7.56m
Cumulative DEX Volume$24.025b
Near$24.025b
Market Cap$15.61m
$RHEA Price$0.038
Fully Diluted Valuation$37.7m
Outstanding FDV$21.09m
$RHEA Volume 24h$889,126
CEX Volume$239,932
DEX Volume$681,991(76.7% of total)
Staked$5.48m(35.11% of mcap)
Active Loans$25.2m
Total Raised$9.8m
Feb 19, 2022$4.8mRound: StrategicInvestors: Jump Crypto, Alameda Research, Dragonfly Capital
Mar 31, 2022$5mRound: Investors: Dragonfly Capital, ParaFi Capital, Jump Crypto, Lemniscap, Mentha Partners, Warburg Serres Investments, QCP Capital, DeFi Capital, D1 Ventures, GFS Ventures, SevenX Ventures, IOSG Ventures, Kronos Research, Lyrik Ventures, Metaweb Ventures
Protocol Information
Rhea Finance merges Ref Finance and Burrow Finance to create NEAR’s most powerful DeFi hub, connecting Bitcoin, NEAR, and EVM ecosystems. By consolidating liquidity, lending, and trading under one entity, Rhea Finance unlocks a seamless DeFi experience for institutional and retail users alike.
- Rhea LendLending
- RHEA LSTLiquid Staking
- Rhea DexDexs
- RHEA Cross ChainCross Chain Bridge
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
DEX Volume: Volume of all spot token swaps on the DEX
Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Yields
Pools Tracked10
Average Supply APY7.81%
Hacks
Date: Apr 16, 2026
Protocol: Rhea Lend
Amount: $18.4m
Classification: Oracle Manipulation
Technique: Spot Price Manipulation
On April 16, 2026, Rhea Lend on NEAR was exploited via chained swap path that defeated margin module's slippage protection. Attacker spent April 13-15 deploying fake token contracts and eight Ref Finance pools, then executed complex swap reusing intermediate assets to drain reserves. Oracle accepted attacker-created pool prices as legitimate.
Chains: Near
Language: Solidity
Target Type: DeFi Protocol
Rhea Finance history
TVL is the default DefiLlama definition, which excludes Active Loans and Staking. Daily values are UTC snapshots from Aug 20, 2021 to Nov 11, 2026.
All-time high TVL: $478.23m on May 9, 2022. All-time low TVL: $2,313 on Aug 21, 2021.
Daily TVL, Oct 13, 2026 to Nov 11, 2026
| Date | TVL |
|---|---|
| Oct 13, 2026 | $282.82m |
| Oct 14, 2026 | $282.42m |
| Oct 15, 2026 | $262.51m |
| Oct 16, 2026 | $281.8m |
| Oct 17, 2026 | $281.05m |
| Oct 18, 2026 | $269.93m |
| Oct 19, 2026 | $283.17m |
| Oct 20, 2026 | $282.16m |
| Oct 21, 2026 | $285.55m |
| Oct 22, 2026 | $316.53m |
| Oct 23, 2026 | $294.96m |
| Oct 24, 2026 | $280.48m |
| Oct 25, 2026 | $274.05m |
| Oct 26, 2026 | $277.98m |
| Oct 27, 2026 | $278.95m |
| Oct 28, 2026 | $288.37m |
| Oct 29, 2026 | $291.03m |
| Oct 30, 2026 | $251.3m |
| Oct 31, 2026 | $269.17m |
| Nov 1, 2026 | $275.7m |
| Nov 2, 2026 | $267.2m |
| Nov 3, 2026 | $248.59m |
| Nov 4, 2026 | $249.26m |
| Nov 5, 2026 | $260.38m |
| Nov 6, 2026 | $240.97m |
| Nov 7, 2026 | $244.22m |
| Nov 8, 2026 | $241.94m |
| Nov 9, 2026 | $234.96m |
| Nov 10, 2026 | $236.11m |
| Nov 11, 2026 | $235.11m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $231.05m |
| Jan 31, 2025 | $215.65m |
| Feb 28, 2025 | $154.33m |
| Mar 31, 2025 | $148.15m |
| Apr 30, 2025 | $148.22m |
| May 31, 2025 | $148.91m |
| Jun 30, 2025 | $138.88m |
| Jul 31, 2025 | $162.4m |
| Aug 31, 2025 | $143.95m |
| Sep 30, 2025 | $162.47m |
| Oct 31, 2025 | $140.44m |
| Nov 30, 2025 | $146.59m |
| Dec 31, 2025 | $128.65m |
| Jan 31, 2026 | $116.53m |
| Feb 28, 2026 | $95.46m |
| Mar 31, 2026 | $107.15m |
| Apr 30, 2026 | $112.84m |
| May 31, 2026 | $162.82m |
| Jun 30, 2026 | $124.24m |
| Jul 31, 2026 | $113.67m |
| Aug 31, 2026 | $122.39m |
| Sep 30, 2026 | $269.27m |
| Oct 31, 2026 | $269.17m |
| Nov 11, 2026 (latest) | $235.11m |
TVL at each year end, Dec 31, 2021 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2021 | $88.65m |
| Dec 31, 2022 | $66.03m |
| Dec 31, 2023 | $86.71m |
| Dec 31, 2024 | $231.05m |
| Dec 31, 2025 | $128.65m |
Fees and revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue |
|---|---|---|
| Dec 2024 | $414,434 | $82,886 |
| Jan 2025 | $218,206 | $43,641 |
| Feb 2025 | $251,059 | $50,212 |
| Mar 2025 | $203,352 | $40,669 |
| Apr 2025 | $99,921 | $19,985 |
| May 2025 | $342,186 | $80,272 |
| Jun 2025 | $700,848 | $170,214 |
| Jul 2025 | $657,439 | $158,609 |
| Aug 2025 | $864,841 | $205,655 |
| Sep 2025 | $783,721 | $187,829 |
| Oct 2025 | $656,269 | $152,228 |
| Nov 2025 | $600,070 | $134,595 |
| Dec 2025 | $319,923 | $75,231 |
| Jan 2026 | $354,572 | $89,919 |
| Feb 2026 | $201,573 | $50,272 |
| Mar 2026 | $271,173 | $67,766 |
| Apr 2026 | $308,988 | $79,660 |
| May 2026 | $292,110 | $69,771 |
| Jun 2026 | $384,137 | $89,829 |
| Jul 2026 | $191,952 | $47,730 |
| Aug 2026 | $249,772 | $64,172 |
| Sep 2026 | $946,418 | $203,597 |
| Oct 2026 | $1.16m | $255,510 |
| Nov 2026 (to date) | $203,563 | $53,256 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/rhea-finance
Frequently asked questions
What is Rhea Finance's TVL?
As of Nov 11, 2026, Rhea Finance has $236.26m in total value locked. TVL has decreased 26.7% over the past 30 days.
What chains does Rhea Finance operate on?
Rhea Finance operates on Near. Near holds the largest share at 100%.
How much has Rhea Finance generated in fees and revenue?
Over the past 30 days, Rhea Finance generated $817,233 in fees. Of that, $192,502 was protocol revenue. Based on the trailing year, the annualized rate is $5.18m in fees and $1.21m in revenue.
What is the RHEA token price and valuation?
RHEA is currently trading at $0.038. Its circulating market capitalization is $15.61m, ranking it #1,192. Its fully diluted valuation is $37.7m. Supply currently stands at 413.63m circulating, 999.02m total supply, 1b maximum supply.
How has RHEA performed recently?
RHEA is down 24.4% over the past 7 days and down 55.3% over the past 30 days. Its all-time high is $0.20, reached on Sep 27, 2026. The token is currently 81.1% below that level.
Which protocols are included in Rhea Finance?
Rhea Finance is a parent protocol whose tracked products include Rhea Lend, RHEA LST, Rhea Dex, and RHEA Cross Chain.
How much has been borrowed through Rhea Finance?
As of Nov 11, 2026, Rhea Finance has $25.2m in active loans.
Has Rhea Finance ever been exploited?
Rhea Finance has 1 recorded security incident. The most recent incident occurred on Apr 16, 2026 and involved $18.4m. It was classified as Oracle Manipulation.