Total Value Locked$5.15m
TVL by Chain
Sonic$1.94m
Ethereum$1.58m
Avalanche$1.49m
Arbitrum$143,711
Key Metrics
Fees 30d$5,748
Fees 30d by chain
Sonic$3,987
Avalanche$1,630
Ethereum$132.68
Fees 7d$1,204
Sonic$855
Avalanche$345
Ethereum$4
Fees 24h$29.63
Sonic$22
Avalanche$7.63
Ethereum$0
Cumulative Fees$16.19m
Sonic$9.47m
Avalanche$3.53m
Arbitrum$2.38m
Ethereum$810,700
Revenue 30d$1,118
Revenue 30d by chain
Sonic$931.99
Avalanche$163.35
Ethereum$22.18
Revenue 7d$221.83
Sonic$187
Avalanche$34.41
Ethereum$0.42
Revenue 24h$4.13
Sonic$3.37
Avalanche$0.76
Ethereum$0
Cumulative Revenue$2.67m
Sonic$1.88m
Avalanche$353,834
Arbitrum$343,163
Ethereum$95,204
Holders Revenue 30d$0
Holders Revenue 30d by chain
Avalanche$0
Ethereum$0
Sonic$0
Holders Revenue 7d$0
Avalanche$0
Ethereum$0
Sonic$0
Holders Revenue 24h$0
Avalanche$0
Ethereum$0
Sonic$0
Cumulative Holders Revenue$2
Sonic$2
Arbitrum$0
Avalanche$0
Ethereum$0
Staked$0
Active Loans$2.01m
Protocol Information
Silo Finance creates permissionless and risk-isolated lending markets.
Audits:
Methodology
TVL: We calculate TVL by interacting with Silo Factory smart contracts on Ethereum, Arbitrum, Base & Optimism. For Ethereum, it queries Silo(Main-V2)(0xa42001d6d2237d2c74108fe360403c4b796b7170). On Arbitrum, we query the Silo Arbitrum factory (Main-V2)(0xf7dc975C96B434D436b9bF45E7a45c95F0521442), we query the factories to obtain the addresses of Silos, retrieve the assets of each Silo, and then calculate the sum of the deposited tokens, borrowed amounts are calculated separately from TVL.View code on GitHubFees: Total fees paid by Silo V2 users, including borrow interest, liquidation fees, and flashloan fees.View code on GitHubRevenue: The portion of Silo V2 fees kept by the protocol treasury.View code on GitHubHolders Revenue: View code on GitHubYields
Pools Tracked10
Average Supply APY2.3%
Hacks
Date: Apr 3, 2026
Amount: $359,000
Classification: Oracle Manipulation
Technique: Oracle Misconfiguration
Silo's soUSDC vault was exploited through an immutable oracle that priced wstUSR at 1.133 while market price had collapsed to 0.12, combined with accounting flaws that didn't mint shares for external deposits, allowing attackers to inflate redemption payouts.
Chains: Arbitrum
Language: Solidity
Target Type: DeFi Protocol
Competitors
Silo V2 history
TVL is the default DefiLlama definition, which excludes Active Loans and Staking. Daily values are UTC snapshots from Jan 10, 2025 to Nov 3, 2026.
All-time high TVL: $282.79m on May 21, 2025. All-time low TVL: $1.37m on Jan 10, 2025.
Daily TVL, Oct 5, 2026 to Nov 3, 2026
| Date | TVL |
|---|---|
| Oct 5, 2026 | $6.27m |
| Oct 6, 2026 | $6.35m |
| Oct 7, 2026 | $6.32m |
| Oct 8, 2026 | $6.17m |
| Oct 9, 2026 | $6.08m |
| Oct 10, 2026 | $6.23m |
| Oct 11, 2026 | $6.33m |
| Oct 12, 2026 | $6.71m |
| Oct 13, 2026 | $6.3m |
| Oct 14, 2026 | $6.22m |
| Oct 15, 2026 | $6.27m |
| Oct 16, 2026 | $6.33m |
| Oct 17, 2026 | $6.09m |
| Oct 18, 2026 | $6.04m |
| Oct 19, 2026 | $5.92m |
| Oct 20, 2026 | $6.15m |
| Oct 21, 2026 | $5.87m |
| Oct 22, 2026 | $5.89m |
| Oct 23, 2026 | $5.61m |
| Oct 24, 2026 | $5.56m |
| Oct 25, 2026 | $5.6m |
| Oct 26, 2026 | $5.55m |
| Oct 27, 2026 | $5.49m |
| Oct 28, 2026 | $5.45m |
| Oct 29, 2026 | $5.37m |
| Oct 30, 2026 | $5.25m |
| Oct 31, 2026 | $5.24m |
| Nov 1, 2026 | $5.2m |
| Nov 2, 2026 | $5.21m |
| Nov 3, 2026 | $5.17m |
TVL at each month end, Jan 2025 to Nov 2026
| Date | TVL |
|---|---|
| Jan 31, 2025 | $120.2m |
| Feb 28, 2025 | $195.86m |
| Mar 31, 2025 | $224.14m |
| Apr 30, 2025 | $237.97m |
| May 31, 2025 | $212.53m |
| Jun 30, 2025 | $200.71m |
| Jul 31, 2025 | $229.51m |
| Aug 31, 2025 | $186.73m |
| Sep 30, 2025 | $204.37m |
| Oct 31, 2025 | $164.1m |
| Nov 30, 2025 | $92.63m |
| Dec 31, 2025 | $86.03m |
| Jan 31, 2026 | $66.15m |
| Feb 28, 2026 | $46.54m |
| Mar 31, 2026 | $38.46m |
| Apr 30, 2026 | $27.08m |
| May 31, 2026 | $17.58m |
| Jun 30, 2026 | $9.68m |
| Jul 31, 2026 | $7.9m |
| Aug 31, 2026 | $5.74m |
| Sep 30, 2026 | $6.05m |
| Oct 31, 2026 | $5.24m |
| Nov 3, 2026 (latest) | $5.17m |
Fees, revenue and holders revenue by UTC calendar month, Jan 2025 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Jan 2025 | $75,229 | $10,556 | $0 |
| Feb 2025 | $733,617 | $117,991 | $0 |
| Mar 2025 | $1.23m | $204,077 | $0 |
| Apr 2025 | $1.3m | $211,918 | $0 |
| May 2025 | $1.33m | $226,085 | $0 |
| Jun 2025 | $811,208 | $150,308 | $0 |
| Jul 2025 | $1.19m | $166,860 | $0 |
| Aug 2025 | $1.36m | $189,806 | $1 |
| Sep 2025 | $1.74m | $259,023 | $0 |
| Oct 2025 | $1.92m | $498,221 | $1 |
| Nov 2025 | $2.96m | $415,300 | $0 |
| Dec 2025 | $422,638 | $49,598 | $0 |
| Jan 2026 | $342,485 | $42,899 | $0 |
| Feb 2026 | $258,712 | $30,002 | $0 |
| Mar 2026 | $101,869 | $13,262 | $0 |
| Apr 2026 | $128,558 | $16,780 | $0 |
| May 2026 | $202,401 | $30,103 | $0 |
| Jun 2026 | $60,525 | $30,881 | $0 |
| Jul 2026 | $14,924 | $1,835 | $0 |
| Aug 2026 | $6,525 | $927.43 | $0 |
| Sep 2026 | $4,421 | $604.52 | $0 |
| Oct 2026 | $5,724 | $1,097 | $0 |
| Nov 2026 (to date) | $494.63 | $85.47 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/silo-v2
Frequently asked questions
What is Silo V2's TVL?
As of Nov 3, 2026, Silo V2 has $5.15m in total value locked. TVL has decreased 17.1% over the past 30 days.
What chains does Silo V2 operate on?
Silo V2 operates on 4 chains: Sonic, Ethereum, Avalanche, and Arbitrum. Sonic holds the largest share at 37.7%.
How much has Silo V2 generated in fees and revenue?
Over the past 30 days, Silo V2 generated $5,748 in fees. Of that, $1,118 was protocol revenue. Based on the trailing year, the annualized rate is $4.4m in fees and $620,123 in revenue.
How does Silo V2's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Silo V2 ranks #78 by TVL. The category holds $49.769b across 519 protocols, and Silo V2 accounts for <0.1% of that total. Similar protocols include Aave V3, Morpho Blue, Euler V2, Silo V3, Impermax V2, Gearbox, Folks Finance xChain, TermFinance Lend, OmniBTC, and Avalon Finance.
How much has been borrowed through Silo V2?
As of Nov 3, 2026, Silo V2 has $2.01m in active loans.
Has Silo V2 ever been exploited?
Silo V2 has 1 recorded security incident. The most recent incident occurred on Apr 3, 2026 and involved $359,000. It was classified as Oracle Manipulation.