Rheo
Total Value Locked$14,584
TVL by Chain
Ethereum$13,532
Base$1,052
Key Metrics
Fees 30d$0
Fees 30d by chain
Base$0
Ethereum$0
Fees 7d$0
Base$0
Ethereum$0
Fees 24h$0
Base$0
Ethereum$0
Cumulative Fees$23,171
Ethereum$16,370
Base$6,801
Revenue 30d$0
Revenue 30d by chain
Base$0
Ethereum$0
Revenue 7d$0
Base$0
Ethereum$0
Revenue 24h$0
Base$0
Ethereum$0
Cumulative Revenue$23,171
Ethereum$16,370
Base$6,801
Active Loans$0
Protocol Information
A peer-to-peer credit marketplace. Built on Mainnet and Base.
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Swap fees are applied on every cash-for-credit trade, and fragmentation fees are charged on every credit splitView code on GitHubRevenue: Percentage of interest going to treasuryView code on GitHubCompetitors
Rheo history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from Jul 19, 2024 to Nov 7, 2026.
All-time high TVL: $2.34m on Feb 15, 2025. All-time low TVL: $3,035 on Jul 19, 2024.
Daily TVL, Oct 9, 2026 to Nov 7, 2026
| Date | TVL |
|---|---|
| Oct 9, 2026 | $18,967 |
| Oct 10, 2026 | $19,045 |
| Oct 11, 2026 | $19,121 |
| Oct 12, 2026 | $19,356 |
| Oct 13, 2026 | $18,628 |
| Oct 14, 2026 | $19,155 |
| Oct 15, 2026 | $18,642 |
| Oct 16, 2026 | $18,737 |
| Oct 17, 2026 | $15,667 |
| Oct 18, 2026 | $15,603 |
| Oct 19, 2026 | $15,582 |
| Oct 20, 2026 | $15,607 |
| Oct 21, 2026 | $15,800 |
| Oct 22, 2026 | $15,787 |
| Oct 23, 2026 | $15,522 |
| Oct 24, 2026 | $15,403 |
| Oct 25, 2026 | $15,327 |
| Oct 26, 2026 | $15,016 |
| Oct 27, 2026 | $15,127 |
| Oct 28, 2026 | $15,258 |
| Oct 29, 2026 | $15,013 |
| Oct 30, 2026 | $14,368 |
| Oct 31, 2026 | $14,679 |
| Nov 1, 2026 | $14,695 |
| Nov 2, 2026 | $15,001 |
| Nov 3, 2026 | $14,723 |
| Nov 4, 2026 | $14,783 |
| Nov 5, 2026 | $15,703 |
| Nov 6, 2026 | $14,639 |
| Nov 7, 2026 | $14,659 |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $364,321 |
| Jan 31, 2025 | $2.09m |
| Feb 28, 2025 | $1.6m |
| Mar 31, 2025 | $2.02m |
| Apr 30, 2025 | $1.58m |
| May 31, 2025 | $1.62m |
| Jun 30, 2025 | $1.6m |
| Jul 31, 2025 | $1.63m |
| Aug 31, 2025 | $1.84m |
| Sep 30, 2025 | $1.17m |
| Oct 31, 2025 | $1.19m |
| Nov 30, 2025 | $1.09m |
| Dec 31, 2025 | $1.1m |
| Jan 31, 2026 | $475,128 |
| Feb 28, 2026 | $26,944 |
| Mar 31, 2026 | $243,435 |
| Apr 30, 2026 | $39,472 |
| May 31, 2026 | $37,643 |
| Jun 30, 2026 | $29,625 |
| Jul 31, 2026 | $29,799 |
| Aug 31, 2026 | $32,863 |
| Sep 30, 2026 | $20,037 |
| Oct 31, 2026 | $14,679 |
| Nov 7, 2026 (latest) | $14,659 |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $364,321 |
| Dec 31, 2025 | $1.1m |
Fees and revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue |
|---|---|---|
| Dec 2024 | $303 | $303 |
| Jan 2025 | $571 | $571 |
| Feb 2025 | $894 | $894 |
| Mar 2025 | $312 | $312 |
| Apr 2025 | $201 | $201 |
| May 2025 | $1,658 | $1,658 |
| Jun 2025 | $1,384 | $1,384 |
| Jul 2025 | $4,163 | $4,163 |
| Aug 2025 | $982 | $982 |
| Sep 2025 | $710 | $710 |
| Oct 2025 | $10,869 | $10,869 |
| Nov 2025 | $364 | $364 |
| Dec 2025 | $347 | $347 |
| Jan 2026 | $88 | $88 |
| Feb 2026 | $1 | $1 |
| Mar 2026 | $9 | $9 |
| Apr 2026 | $5 | $5 |
| May 2026 | $0 | $0 |
| Jun 2026 | $17 | $17 |
| Jul 2026 | $0 | $0 |
| Aug 2026 | $0 | $0 |
| Sep 2026 | $0 | $0 |
| Oct 2026 | $0 | $0 |
| Nov 2026 (to date) | $0 | $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/rheo
Frequently asked questions
What is Rheo's TVL?
As of Nov 7, 2026, Rheo has $14,584 in total value locked. TVL has decreased 25.2% over the past 30 days.
What chains does Rheo operate on?
Rheo operates on 2 chains: Ethereum and Base. Ethereum holds the largest share at 92.8%.
How much has Rheo generated in fees and revenue?
Over the past 30 days, Rheo generated $0 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $675 in fees and $675 in revenue.
How does Rheo's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Rheo ranks #293 by TVL. The category holds $50.031b across 519 protocols, and Rheo accounts for <0.1% of that total. Similar protocols include Aave V3, Morpho Blue, Compound V3, Venus Core Pool, Aave V4, Fluid Lending, Euler V2, Morpho Midnight, Native Credit Pool, and Exactly.
How much has been borrowed through Rheo?
As of Nov 7, 2026, Rheo has $0 in active loans.