Total Value Locked$258,065
TVL by Chain
Manta$216,556
zkLink Nova$23,297
Metis$16,419
Mode$1,354
WEMIX3.0$392.04
Kaia$35.19
BOB$11.95
Kroma$0
Fuse$0
BSquared$0
Key Metrics
Fees 30d$156,014
Fees 30d by chain
Manta$156,014
WEMIX3.0$0
Fees 7d$37,672
Manta$37,672
WEMIX3.0$0
Fees 24h$4,773
Manta$4,773
WEMIX3.0$0
Cumulative Fees$697,285
Manta$651,901
WEMIX3.0$45,384
Revenue 30d$140,413
Revenue 30d by chain
Manta$140,413
WEMIX3.0$0
Revenue 7d$33,904
Manta$33,904
WEMIX3.0$0
Revenue 24h$4,295
Manta$4,295
WEMIX3.0$0
Cumulative Revenue$479,883
Manta$457,366
WEMIX3.0$22,517
Holders Revenue 30d$140,413
Holders Revenue 30d by chain
Manta$140,413
WEMIX3.0$0
Holders Revenue 7d$33,904
Manta$33,904
WEMIX3.0$0
Holders Revenue 24h$4,295
Manta$4,295
WEMIX3.0$0
Cumulative Holders Revenue$479,883
Manta$457,366
WEMIX3.0$22,517
Active Loans$3,680
Protocol Information
LST Collaterizable Leverage Lending Protocol maximizing yield or utilize asset for better opporunity
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Total interest paid by borrowersView code on GitHubRevenue: Protocol's share of interest treasuryView code on GitHubHolders Revenue: Share of interest into protocol governance token holders.View code on GitHubCompetitors
Shoebill V2 history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from Sep 21, 2023 to Oct 17, 2026.
All-time high TVL: $85.44m on Jan 22, 2024. All-time low TVL: $8,225 on Oct 2, 2023.
Daily TVL, Sep 18, 2026 to Oct 17, 2026
| Date | TVL |
|---|---|
| Sep 18, 2026 | $388,863 |
| Sep 19, 2026 | $412,885 |
| Sep 20, 2026 | $415,606 |
| Sep 21, 2026 | $421,825 |
| Sep 22, 2026 | $297,491 |
| Sep 23, 2026 | $292,696 |
| Sep 24, 2026 | $285,714 |
| Sep 25, 2026 | $266,059 |
| Sep 26, 2026 | $268,116 |
| Sep 27, 2026 | $267,723 |
| Sep 28, 2026 | $271,084 |
| Sep 29, 2026 | $267,080 |
| Sep 30, 2026 | $266,613 |
| Oct 1, 2026 | $267,087 |
| Oct 2, 2026 | $268,028 |
| Oct 3, 2026 | $268,272 |
| Oct 4, 2026 | $267,585 |
| Oct 5, 2026 | $269,546 |
| Oct 6, 2026 | $268,093 |
| Oct 7, 2026 | $269,421 |
| Oct 8, 2026 | $255,786 |
| Oct 9, 2026 | $247,316 |
| Oct 10, 2026 | $246,632 |
| Oct 11, 2026 | $250,386 |
| Oct 12, 2026 | $253,665 |
| Oct 13, 2026 | $243,226 |
| Oct 14, 2026 | $250,638 |
| Oct 15, 2026 | $241,872 |
| Oct 16, 2026 | $242,673 |
| Oct 17, 2026 | $256,450 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $13.26m |
| Dec 31, 2024 | $10.63m |
| Jan 31, 2025 | $9.46m |
| Feb 28, 2025 | $7.23m |
| Mar 31, 2025 | $4.05m |
| Apr 30, 2025 | $1.58m |
| May 31, 2025 | $1.6m |
| Jun 30, 2025 | $1.45m |
| Jul 31, 2025 | $1.82m |
| Aug 31, 2025 | $1.76m |
| Sep 30, 2025 | $1.28m |
| Oct 31, 2025 | $1.34m |
| Nov 30, 2025 | $963,529 |
| Dec 31, 2025 | $823,100 |
| Jan 31, 2026 | $752,201 |
| Feb 28, 2026 | $630,498 |
| Mar 31, 2026 | $605,924 |
| Apr 30, 2026 | $675,923 |
| May 31, 2026 | $408,286 |
| Jun 30, 2026 | $282,514 |
| Jul 31, 2026 | $327,619 |
| Aug 28, 2026 | $394,519 |
| Sep 30, 2026 | $266,613 |
| Oct 17, 2026 (latest) | $256,450 |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $29.09m |
| Dec 31, 2024 | $10.63m |
| Dec 31, 2025 | $823,100 |
Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $3,182 | $1,882 | $1,882 |
| Dec 2024 | $2,988 | $1,733 | $1,733 |
| Jan 2025 | $1,824 | $911 | $911 |
| Feb 2025 | $1,060 | $533 | $533 |
| Mar 2025 | $856 | $428 | $428 |
| Apr 2025 | $558 | $282 | $282 |
| May 2025 | $775 | $388 | $388 |
| Jun 2025 | $718 | $359 | $359 |
| Jul 2025 | $819 | $413 | $413 |
| Aug 2025 | $1,001 | $500 | $500 |
| Sep 2025 | $1,079 | $538 | $538 |
| Oct 2025 | $905 | $451 | $451 |
| Nov 2025 | $664 | $332 | $332 |
| Dec 2025 | $673 | $344 | $344 |
| Jan 2026 | $632 | $318 | $318 |
| Feb 2026 | $337 | $170 | $170 |
| Mar 2026 | $491 | $259 | $259 |
| Apr 2026 | $289 | $162 | $162 |
| May 2026 | $79,824 | $71,832 | $71,832 |
| Jun 2026 | $19,084 | $17,176 | $17,176 |
| Jul 2026 | $18,950 | $17,058 | $17,058 |
| Aug 2026 | $26,797 | $24,116 | $24,116 |
| Sep 2026 | $108,193 | $97,376 | $97,376 |
| Oct 2026 (to date) | $75,793 | $68,211 | $68,211 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/shoebill-v2
Frequently asked questions
What is Shoebill V2's TVL?
As of Oct 17, 2026, Shoebill V2 has $258,065 in total value locked. TVL has decreased 32.5% over the past 30 days.
What chains does Shoebill V2 operate on?
Shoebill V2 operates on 10 chains: Manta, zkLink Nova, Metis, Mode, and WEMIX3.0 and 5 others. Manta holds the largest share at 83.9%.
How much has Shoebill V2 generated in fees and revenue?
Over the past 30 days, Shoebill V2 generated $156,014 in fees. Of that, $140,413 was protocol revenue. Based on the trailing year, the annualized rate is $327,328 in fees and $293,245 in revenue.
How does Shoebill V2's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Shoebill V2 ranks #170 by TVL. The category holds $51.602b across 517 protocols, and Shoebill V2 accounts for <0.1% of that total. Other leading protocols include LayerBank, Avalon Finance, Morpho Blue, Sumer.money, Segment Finance, Aave V3, Euler V2, TermMax, BiFi, and ZeroLend Lending.
How much has been borrowed through Shoebill V2?
As of Oct 17, 2026, Shoebill V2 has $3,680 in active loans.