Total Value Locked$191,583
TVL by Chain
Manta$190,007
Mode$1,246
WEMIX3.0$281.52
Kaia$42.35
BOB$5.57
Fuse$0.24
Kroma$0
zkLink Nova$0
BSquared$0
Metis$0
Key Metrics
Fees 30d$204,988
Fees 30d by chain
Manta$204,988
WEMIX3.0$0
Fees 7d$69,968
Manta$69,968
WEMIX3.0$0
Fees 24h$31,935
Manta$31,935
WEMIX3.0$0
Cumulative Fees$849,313
Manta$803,929
WEMIX3.0$45,384
Revenue 30d$184,488
Revenue 30d by chain
Manta$184,488
WEMIX3.0$0
Revenue 7d$62,971
Manta$62,971
WEMIX3.0$0
Revenue 24h$28,741
Manta$28,741
WEMIX3.0$0
Cumulative Revenue$616,709
Manta$594,192
WEMIX3.0$22,517
Holders Revenue 30d$184,488
Holders Revenue 30d by chain
Manta$184,488
WEMIX3.0$0
Holders Revenue 7d$62,971
Manta$62,971
WEMIX3.0$0
Holders Revenue 24h$28,741
Manta$28,741
WEMIX3.0$0
Cumulative Holders Revenue$616,709
Manta$594,192
WEMIX3.0$22,517
Active Loans$297.14
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 Nov 6, 2026.
All-time high TVL: $85.44m on Jan 22, 2024. All-time low TVL: $8,225 on Oct 2, 2023.
Daily TVL, Oct 8, 2026 to Nov 6, 2026
| Date | TVL |
|---|---|
| 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 |
| Oct 18, 2026 | $255,179 |
| Oct 19, 2026 | $238,749 |
| Oct 20, 2026 | $254,561 |
| Oct 21, 2026 | $243,291 |
| Oct 22, 2026 | $244,348 |
| Oct 23, 2026 | $234,818 |
| Oct 24, 2026 | $233,886 |
| Oct 25, 2026 | $244,573 |
| Oct 26, 2026 | $227,897 |
| Oct 27, 2026 | $226,279 |
| Oct 28, 2026 | $232,482 |
| Oct 29, 2026 | $227,664 |
| Oct 30, 2026 | $191,387 |
| Oct 31, 2026 | $192,947 |
| Nov 1, 2026 | $193,914 |
| Nov 2, 2026 | $195,049 |
| Nov 3, 2026 | $193,027 |
| Nov 4, 2026 | $193,995 |
| Nov 5, 2026 | $205,562 |
| Nov 6, 2026 | $192,876 |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| 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 31, 2026 | $192,947 |
| Nov 6, 2026 (latest) | $192,876 |
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, Dec 2024 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| 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 | $181,583 | $163,423 | $163,423 |
| Nov 2026 (to date) | $78,173 | $70,355 | $70,355 |
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 Nov 6, 2026, Shoebill V2 has $191,583 in total value locked. TVL has decreased 28.9% over the past 30 days.
What chains does Shoebill V2 operate on?
Shoebill V2 operates on 10 chains: Manta, Mode, WEMIX3.0, Kaia, and BOB and 5 others. Manta holds the largest share at 99.2%.
How much has Shoebill V2 generated in fees and revenue?
Over the past 30 days, Shoebill V2 generated $204,988 in fees. Of that, $184,488 was protocol revenue. Based on the trailing year, the annualized rate is $483,628 in fees and $434,116 in revenue.
How does Shoebill V2's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Shoebill V2 ranks #183 by TVL. The category holds $50.052b across 518 protocols, and Shoebill V2 accounts for <0.1% of that total. Similar protocols include LayerBank, Avalon Finance, Morpho Blue, Sumer.money, Segment Finance, Aave V3, Euler V2, BiFi, ZeroLend Lending, and TermMax.
How much has been borrowed through Shoebill V2?
As of Nov 6, 2026, Shoebill V2 has $297.14 in active loans.