Logo of Rho Protocol

Rho ProtocolDeprecated protocol

Total Value Locked$57,707

TVL by Chain

Arbitrum$57,707

Key Metrics

Perp Volume 30d$0
Perp Volume 30d by chain

Arbitrum$0

Perp Volume 7d$0

Arbitrum$0

Perp Volume 24h$0

Arbitrum$0

Cumulative Perp Volume$27.964b

Arbitrum$27.964b

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Protocol Information

Rho Protocol is a cryptonative interest rates market. The platform uniquely offers trading of staking, lending, and perpetual future funding rates all in one venue, as well as allowing users to passively earn yield by depositing into Rho's vaults

Category:Dexs

Sub Category: AMM

Audits:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHub

Rho Protocol history

TVL is the default DefiLlama definition. Daily values are UTC snapshots from Oct 31, 2023 to Nov 6, 2026.

All-time high TVL: $1.25m on Sep 16, 2025. All-time low TVL: $1,666 on Oct 31, 2023.

Daily TVL, Oct 8, 2026 to Nov 6, 2026

DateTVL
Oct 8, 2026$57,815
Oct 9, 2026$57,786
Oct 10, 2026$57,776
Oct 11, 2026$57,777
Oct 12, 2026$57,781
Oct 13, 2026$57,770
Oct 14, 2026$57,781
Oct 15, 2026$57,738
Oct 16, 2026$57,749
Oct 17, 2026$57,744
Oct 18, 2026$57,749
Oct 19, 2026$57,742
Oct 20, 2026$57,754
Oct 21, 2026$57,774
Oct 22, 2026$57,766
Oct 23, 2026$57,745
Oct 24, 2026$57,737
Oct 25, 2026$57,734
Oct 26, 2026$57,712
Oct 27, 2026$57,696
Oct 28, 2026$57,709
Oct 29, 2026$57,715
Oct 30, 2026$57,677
Oct 31, 2026$57,718
Nov 1, 2026$57,732
Nov 2, 2026$57,709
Nov 3, 2026$57,689
Nov 4, 2026$57,698
Nov 5, 2026$57,761
Nov 6, 2026$57,703

TVL at each month end, Dec 2024 to Nov 2026

DateTVL
Dec 31, 2024$546,488
Jan 31, 2025$625,910
Feb 28, 2025$633,863
Mar 31, 2025$621,705
Apr 30, 2025$811,003
May 31, 2025$996,230
Jun 30, 2025$1.1m
Jul 31, 2025$1.16m
Aug 31, 2025$1.18m
Sep 30, 2025$1.18m
Oct 31, 2025$1.07m
Nov 30, 2025$166,945
Dec 31, 2025$61,332
Jan 31, 2026$60,183
Feb 28, 2026$59,982
Mar 31, 2026$58,860
Apr 30, 2026$57,840
May 31, 2026$57,669
Jun 30, 2026$57,571
Jul 31, 2026$57,650
Aug 31, 2026$57,803
Sep 30, 2026$57,840
Oct 31, 2026$57,718
Nov 6, 2026 (latest)$57,703

TVL at each year end, Dec 31, 2023 to Dec 31, 2025

DateTVL
Dec 31, 2023$35,965
Dec 31, 2024$546,488
Dec 31, 2025$61,332

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/rho-protocol

Frequently asked questions

What is Rho Protocol's TVL?

As of Nov 6, 2026, Rho Protocol has $57,707 in total value locked. TVL has decreased 0.3% over the past 30 days.

What chains does Rho Protocol operate on?

Rho Protocol operates on Arbitrum. Arbitrum holds the largest share at 100%.

How much perpetual futures volume does Rho Protocol process?

Rho Protocol processed $0 in perpetual futures volume over the past 30 days.