Active loans are not included in TVL by default, to include them toggle Active Loans. For more info, read the active loans discussion.
Total Value Locked$52,324
TVL by Chain
Ethereum$52,324
The chart plots Active Loans as its own series; it is not part of the TVL above.
Key Metrics
Active Loans$63.35
Protocol Information
Structured products protocol
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubCompetitors
Ribbon Lend history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from Oct 4, 2022 to Oct 18, 2026.
All-time high TVL: $32.36m on Dec 14, 2022. All-time low TVL: $52,315 on Oct 9, 2026.
Daily TVL, Sep 19, 2026 to Oct 18, 2026
| Date | TVL |
|---|---|
| Sep 19, 2026 | $52,331 |
| Sep 20, 2026 | $52,329 |
| Sep 21, 2026 | $52,331 |
| Sep 22, 2026 | $52,335 |
| Sep 23, 2026 | $52,338 |
| Sep 24, 2026 | $52,337 |
| Sep 25, 2026 | $52,324 |
| Sep 26, 2026 | $52,330 |
| Sep 27, 2026 | $52,328 |
| Sep 28, 2026 | $52,325 |
| Sep 29, 2026 | $52,329 |
| Sep 30, 2026 | $52,328 |
| Oct 1, 2026 | $52,323 |
| Oct 2, 2026 | $52,332 |
| Oct 3, 2026 | $52,332 |
| Oct 4, 2026 | $52,333 |
| Oct 5, 2026 | $52,330 |
| Oct 6, 2026 | $52,333 |
| Oct 7, 2026 | $52,330 |
| Oct 8, 2026 | $52,316 |
| Oct 9, 2026 | $52,315 |
| Oct 10, 2026 | $52,321 |
| Oct 11, 2026 | $52,318 |
| Oct 12, 2026 | $52,319 |
| Oct 13, 2026 | $52,322 |
| Oct 14, 2026 | $52,325 |
| Oct 15, 2026 | $52,320 |
| Oct 16, 2026 | $52,315 |
| Oct 17, 2026 | $52,325 |
| Oct 18, 2026 | $52,325 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $56,737 |
| Dec 31, 2024 | $56,794 |
| Jan 31, 2025 | $56,737 |
| Feb 28, 2025 | $56,730 |
| Mar 31, 2025 | $56,733 |
| Apr 30, 2025 | $54,686 |
| May 31, 2025 | $53,658 |
| Jun 30, 2025 | $53,594 |
| Jul 31, 2025 | $53,288 |
| Aug 31, 2025 | $53,273 |
| Sep 30, 2025 | $53,242 |
| Oct 31, 2025 | $53,149 |
| Nov 30, 2025 | $53,051 |
| Dec 31, 2025 | $53,017 |
| Jan 31, 2026 | $52,953 |
| Feb 28, 2026 | $52,971 |
| Mar 31, 2026 | $52,714 |
| Apr 30, 2026 | $52,724 |
| May 31, 2026 | $52,527 |
| Jun 30, 2026 | $52,530 |
| Jul 31, 2026 | $52,332 |
| Aug 31, 2026 | $52,334 |
| Sep 30, 2026 | $52,328 |
| Oct 18, 2026 (latest) | $52,325 |
TVL at each year end, Dec 31, 2022 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2022 | $20.69m |
| Dec 31, 2023 | $100,041 |
| Dec 31, 2024 | $56,794 |
| Dec 31, 2025 | $53,017 |
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-lend
Frequently asked questions
What is Ribbon Lend's TVL?
As of Oct 18, 2026, Ribbon Lend has $52,324 in total value locked. TVL has increased <0.1% over the past 30 days.
What chains does Ribbon Lend operate on?
Ribbon Lend operates on Ethereum. Ethereum holds the largest share at 100%.
How does Ribbon Lend's TVL compare to similar protocols?
Among Uncollateralized Lending protocols tracked by DefiLlama, Ribbon Lend ranks #9 by TVL. The category holds $19.34m across 19 protocols, and Ribbon Lend accounts for 0.3% of that total. Other leading protocols include 3Jane Lending, Wildcat Protocol, Accountable, Goldfinch, Union Protocol, Credit Coop, Clearpool Lending, Pareto Credit, dAMM Finance, and TrueFi.
How much has been borrowed through Ribbon Lend?
As of Oct 18, 2026, Ribbon Lend has $63.35 in active loans.