Protocol Information
The Incentivized Action Market (IAM) Protocol.
Category:Yield
Methodology
TVL: (1) Royco V2 market TVL: totalAssets() summed across senior and junior tranches (from MarketDeployed factory events) on every chain. (2) Royco Day markets, the newer three-tranche generation (from MarketDeploymentCompleted events on its own factory), counted in the markets' own tokens rather than in NAV because a Day market's NAV unit is whatever it prices in (USD, BTC, ...): senior and junior share one collateral ledger, so each tranche's totalAssets().collateralAssets is added against the kernel's collateralAsset; the liquidity provider tranche takes deposits in the market's Balancer V3 BPT, whose pool is (senior tranche share, quote asset), and since the senior tranche's claim already covers every senior share in existence only the quote leg is added, sized by a proportional unwrap (poolQuoteBalance * bptOwned / bptTotalSupply). (3) Deposit requests still queued at the Royco EntryPoints are added on every chain for both generations: requestDeposit escrows the tranche's own asset there, outside every tranche's totalAssets(), until an executor deposits it or the user cancels, so the entry point's balance of each market asset is the outstanding request total; only market assets are swept, never tranche share tokens, since redemption requests and accrued protocol fees sit in the same contract as shares that (1) and (2) already back. (4) The srRoyUSDC vault (mainnet) allocates USDC across Royco markets and other venues; its balance is added minus the portion already sitting in Royco markets, so that slice is not counted twice - as nav for V2 markets, and in the markets' own tokens on their own chain for Day markets. (5) The RoyWstEth vault (mainnet) adds its wstETH NAV minus the srRoyUSDC position it holds (already counted in (4)). A market or entry-point leg denominated in one of Royco's own vault tokens is skipped, because the vault below already reports that backing in full. Market reads are fail-soft: Royco Day deployment is permissionless, so an unreadable market is dropped from both its value and the de-duplication rather than failing the whole chain.View code on GitHubYields
Pools Tracked19
Average Supply APY27.95%
Competitors
Frequently Asked Questions
What is Royco V2's TVL?
Royco V2 currently has $21.6m in total value locked. TVL has decreased 14.4% over the past 30 days.
What chains does Royco V2 operate on?
Royco V2 operates on 4 chains: Avalanche, Arbitrum, Ethereum, and Base. Ethereum holds the largest share at 55%.
How does Royco V2's TVL compare to similar protocols?
Among Yield protocols tracked by DefiLlama, Royco V2 ranks #23 by TVL. The category holds $4.821b across 585 protocols, and Royco V2 accounts for 0.4% of that total. Other leading protocols include Pendle V2, Spark Savings, Stake DAO, Spectra V2, Aura, TermFinance Vaults, Napier, ReHold V2, AUTOfinance, and Equilibria.
How many yield pools does Royco V2 have?
DefiLlama tracks 19 Royco V2 yield pools with an average APY of 27.9%.