Total Value Locked$5.16m
TVL by Chain
Ethereum$4.58m
Solana$469,639
Avalanche$103,643
BSC$14
Key Metrics
Cumulative Fees$134,002
Cumulative Fees by chain
Ethereum$128,604
Avalanche$5,398
Incentives 1y$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Market Cap$1.62m
$RBN Price$0.024
Fully Diluted Valuation$24.04m
Outstanding FDV$24.04m
$RBN Volume 24h$2.17
CEX Volume$0
DEX Volume$1.60(73.73% of total)
Staked$0(0% of mcap)
Active Loans$63
Treasury$7.98m
Majors$3.15m
Stablecoins$755,011
Own Tokens$3.99m
Others$84,155
Total Raised$8.75m
Mar 23, 2022$8.75mRound: Series A+Investors: Paradigm
Protocol Information
Structured products protocol
- RibbonOptions Vault
- Ribbon EarnOptions
- Ribbon LendUncollateralized Lending
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Hacks
Date: Jun 24, 2022
Protocol: Ribbon
Amount: $12,000
Classification: Frontend & Infrastructure
Technique: DNS Hijack
Chains: Ethereum
Target Type: DeFi Protocol
Date: Dec 12, 2025
Protocol: Ribbon
Amount: $2.7m
Classification: Access Control
Technique: Improper Access Control
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Ribbon Finance history
TVL is the default DefiLlama definition, which excludes Staking and Active Loans. Daily values are UTC snapshots from Mar 31, 2021 to Oct 18, 2026.
All-time high TVL: $310.15m on Apr 22, 2022. All-time low TVL: $9,345 on Mar 31, 2021.
Daily TVL, Sep 19, 2026 to Oct 18, 2026
| Date | TVL |
|---|---|
| Sep 19, 2026 | $5.54m |
| Sep 20, 2026 | $5.54m |
| Sep 21, 2026 | $5.56m |
| Sep 22, 2026 | $5.83m |
| Sep 23, 2026 | $5.81m |
| Sep 24, 2026 | $5.68m |
| Sep 25, 2026 | $5.64m |
| Sep 26, 2026 | $5.66m |
| Sep 27, 2026 | $5.67m |
| Sep 28, 2026 | $5.66m |
| Sep 29, 2026 | $5.62m |
| Sep 30, 2026 | $5.63m |
| Oct 1, 2026 | $5.59m |
| Oct 2, 2026 | $5.61m |
| Oct 3, 2026 | $5.58m |
| Oct 4, 2026 | $5.61m |
| Oct 5, 2026 | $5.68m |
| Oct 6, 2026 | $5.66m |
| Oct 7, 2026 | $5.64m |
| Oct 8, 2026 | $5.45m |
| Oct 9, 2026 | $5.29m |
| Oct 10, 2026 | $5.31m |
| Oct 11, 2026 | $5.32m |
| Oct 12, 2026 | $5.39m |
| Oct 13, 2026 | $5.19m |
| Oct 14, 2026 | $5.31m |
| Oct 15, 2026 | $5.18m |
| Oct 16, 2026 | $5.22m |
| Oct 17, 2026 | $5.18m |
| Oct 18, 2026 | $5.16m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $15.7m |
| Dec 31, 2024 | $14.46m |
| Jan 31, 2025 | $14.85m |
| Feb 28, 2025 | $10.93m |
| Mar 31, 2025 | $9.06m |
| Apr 30, 2025 | $9.54m |
| May 31, 2025 | $11.33m |
| Jun 30, 2025 | $11.75m |
| Jul 31, 2025 | $14.18m |
| Aug 31, 2025 | $15.18m |
| Sep 30, 2025 | $14.94m |
| Oct 31, 2025 | $13.52m |
| Nov 30, 2025 | $10.92m |
| Dec 31, 2025 | $6.39m |
| Jan 31, 2026 | $5.92m |
| Feb 28, 2026 | $4.52m |
| Mar 31, 2026 | $4.59m |
| Apr 30, 2026 | $5.04m |
| May 31, 2026 | $4.74m |
| Jun 30, 2026 | $4.02m |
| Jul 31, 2026 | $4.4m |
| Aug 31, 2026 | $5.31m |
| Sep 30, 2026 | $5.63m |
| Oct 18, 2026 (latest) | $5.16m |
TVL at each year end, Dec 31, 2021 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2021 | $285.59m |
| Dec 31, 2022 | $70.74m |
| Dec 31, 2023 | $16.01m |
| Dec 31, 2024 | $14.46m |
| Dec 31, 2025 | $6.39m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/ribbon-finance
Frequently asked questions
What is Ribbon Finance's TVL?
As of Oct 18, 2026, Ribbon Finance has $5.16m in total value locked. TVL has decreased 0.6% over the past 30 days.
What chains does Ribbon Finance operate on?
Ribbon Finance operates on 4 chains: Ethereum, Solana, Avalanche, and BSC. Ethereum holds the largest share at 88.9%.
What is the RBN token price and valuation?
RBN is currently trading at $0.024. Its circulating market capitalization is $1.62m, ranking it #3,133. Its fully diluted valuation is $24.04m. Supply currently stands at 67.3m circulating, 1b total supply, 1b maximum supply.
How has RBN performed recently?
RBN is down 8.3% over the past 7 days and up 15.1% over the past 30 days. Its all-time high is $5.54, reached on Oct 7, 2021. The token is currently 99.6% below that level.
Which protocols are included in Ribbon Finance?
Ribbon Finance is a parent protocol whose tracked products include Ribbon, Ribbon Earn, and Ribbon Lend.
How much has been borrowed through Ribbon Finance?
As of Oct 18, 2026, Ribbon Finance has $63 in active loans.
Does Ribbon Finance have a treasury?
Ribbon Finance has a tracked treasury currently valued at $7.98m. Its holdings include $755,011 in stablecoins, $3.15m in major assets, $3.99m in its own tokens, $84,155 in other assets.
Has Ribbon Finance ever been exploited?
Ribbon Finance has 2 recorded security incidents. The most recent incident occurred on Dec 12, 2025 and involved $2.7m. It was classified as Access Control.