Total Value Locked$10.3m
TVL by Chain
Flare$7.32m
Ethereum$737,638
Katana$528,875
Stellar$501,276
Sonic$438,090
Base$400,208
Avalanche$268,440
BSC$41,008
Hyperliquid L1$21,796
Hemi$14,636
Arbitrum$10,205
OP Mainnet$9,713
Monad$149.31
Key Metrics
Fees 30d$7,289
Fees 30d by chain
Avalanche$6,213
Flare$873.88
BSC$77.30
Base$64.90
Katana$58.25
Ethereum$2.05
Arbitrum$0
Hemi$0
Hyperliquid L1$0
Monad$0
OP Mainnet$0
Sonic$0
Fees 7d$396.10
Avalanche$332.04
Flare$45.99
Base$13.68
Katana$4.55
Ethereum$0.81
BSC$0.01
Arbitrum$0
Hemi$0
Hyperliquid L1$0
Monad$0
OP Mainnet$0
Sonic$0
Fees 24h$11.04
Flare$11
Avalanche$0.04
Arbitrum$0
Base$0
BSC$0
Ethereum$0
Hemi$0
Hyperliquid L1$0
Katana$0
Monad$0
OP Mainnet$0
Sonic$0
Cumulative Fees$1.4m
Ethereum$870,028
Base$281,465
Hyperliquid L1$75,566
Sonic$55,814
Flare$43,017
Arbitrum$25,983
Katana$22,208
Avalanche$13,796
Hemi$11,913
BSC$4,300
OP Mainnet$130.21
Monad$113.76
Revenue 30d$4,374
Revenue 30d by chain
Avalanche$3,728
Flare$525.40
BSC$46.78
Base$38.74
Katana$34.94
Ethereum$1.24
Arbitrum$0
Hemi$0
Hyperliquid L1$0
Monad$0
OP Mainnet$0
Sonic$0
Revenue 7d$237.95
Avalanche$199.02
Flare$27.78
Base$8.21
Katana$2.73
Ethereum$0.49
Arbitrum$0
BSC$0
Hemi$0
Hyperliquid L1$0
Monad$0
OP Mainnet$0
Sonic$0
Revenue 24h$6.58
Flare$6.56
Avalanche$0.02
Arbitrum$0
Base$0
BSC$0
Ethereum$0
Hemi$0
Hyperliquid L1$0
Katana$0
Monad$0
OP Mainnet$0
Sonic$0
Cumulative Revenue$1.2m
Ethereum$733,731
Base$273,383
Hyperliquid L1$56,833
Sonic$49,077
Flare$25,818
Arbitrum$24,745
Katana$16,254
Avalanche$8,725
Hemi$8,614
BSC$3,045
OP Mainnet$93.77
Monad$67.23
Holders Revenue 30d$4,374
Holders Revenue 30d by chain
Avalanche$3,728
Flare$525.40
BSC$46.78
Base$38.74
Katana$34.94
Ethereum$1.24
Arbitrum$0
Hemi$0
Hyperliquid L1$0
Monad$0
OP Mainnet$0
Sonic$0
Holders Revenue 7d$237.95
Avalanche$199.02
Flare$27.78
Base$8.21
Katana$2.73
Ethereum$0.49
Arbitrum$0
BSC$0
Hemi$0
Hyperliquid L1$0
Monad$0
OP Mainnet$0
Sonic$0
Holders Revenue 24h$6.58
Flare$6.56
Avalanche$0.02
Arbitrum$0
Base$0
BSC$0
Ethereum$0
Hemi$0
Hyperliquid L1$0
Katana$0
Monad$0
OP Mainnet$0
Sonic$0
Cumulative Holders Revenue$1.2m
Ethereum$733,731
Base$273,383
Hyperliquid L1$56,833
Sonic$49,077
Flare$25,818
Arbitrum$24,745
Katana$16,254
Avalanche$8,725
Hemi$8,614
BSC$3,045
OP Mainnet$93.77
Monad$67.23
DEX Volume 30d$4.94m
DEX Volume 30d by chain
Flare$3.63m
Base$678,777
Avalanche$580,449
Katana$34,249
Ethereum$11,298
BSC$3,407
Arbitrum$0
Hemi$0
Hyperliquid L1$0
Monad$0
OP Mainnet$0
Sonic$0
DEX Volume 7d$560,016
Flare$358,523
Base$113,946
Avalanche$77,662
Ethereum$5,413
Katana$4,471
BSC$1.20
Arbitrum$0
Hemi$0
Hyperliquid L1$0
Monad$0
OP Mainnet$0
Sonic$0
DEX Volume 24h$61,532
Flare$61,524
Avalanche$7.67
Base$0.09
Arbitrum$0
BSC$0
Ethereum$0
Hemi$0
Hyperliquid L1$0
Katana$0
Monad$0
OP Mainnet$0
Sonic$0
Cumulative DEX Volume$860.8m
Ethereum$453.38m
Flare$111.83m
Hyperliquid L1$92.95m
Avalanche$59.63m
Base$55.7m
Katana$34.98m
Sonic$19.7m
Hemi$17.63m
BSC$9.53m
Arbitrum$4.78m
OP Mainnet$398,978
Monad$301,376
Staked$772,925
Protocol Information
Secure your future yield at a fixed rate.
Methodology
TVL: All deposited underlying in Spectra Principal Tokens and all underlying supplied as liquidity in Spectra Markets. On Stellar, sum each registered Principal Token's total_assets in its declared underlying asset. This measures the contracts' underlying-denominated collateral value; non-custodial orders and PT/YT supplies are not added separately.View code on GitHubFees: Yield trading fees paid by users plus voting fees and voting incentives distributed through Spectra governance.View code on GitHubRevenue: Yield trading fees, voting fees, and voting incentives distributed to veSPECTRA holders.View code on GitHubHolders Revenue: Yield trading fees, voting fees, and voting incentives distributed to veSPECTRA holders.View code on GitHubDEX Volume: Volume of all spot token swaps on the DEXView code on GitHubYields
Pools Tracked18
Average Supply APY151.03%
Competitors
Spectra V2 history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from May 28, 2024 to Oct 21, 2026.
All-time high TVL: $266.76m on Feb 20, 2025. All-time low TVL: $2,340 on May 28, 2024.
Daily TVL, Sep 22, 2026 to Oct 21, 2026
| Date | TVL |
|---|---|
| Sep 22, 2026 | $17.2m |
| Sep 23, 2026 | $17.71m |
| Sep 24, 2026 | $18.44m |
| Sep 25, 2026 | $18.77m |
| Sep 26, 2026 | $18.92m |
| Sep 27, 2026 | $18.94m |
| Sep 28, 2026 | $19.19m |
| Sep 29, 2026 | $19.31m |
| Sep 30, 2026 | $19.57m |
| Oct 1, 2026 | $19.5m |
| Oct 2, 2026 | $19.87m |
| Oct 3, 2026 | $20.03m |
| Oct 4, 2026 | $20.74m |
| Oct 5, 2026 | $21.26m |
| Oct 6, 2026 | $21.72m |
| Oct 7, 2026 | $22.04m |
| Oct 8, 2026 | $22.16m |
| Oct 9, 2026 | $22.36m |
| Oct 10, 2026 | $23.99m |
| Oct 11, 2026 | $24.46m |
| Oct 12, 2026 | $24.97m |
| Oct 13, 2026 | $10.65m |
| Oct 14, 2026 | $10.51m |
| Oct 15, 2026 | $10.17m |
| Oct 16, 2026 | $10.02m |
| Oct 17, 2026 | $9.86m |
| Oct 18, 2026 | $9.81m |
| Oct 19, 2026 | $9.87m |
| Oct 20, 2026 | $9.77m |
| Oct 21, 2026 | $10m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $20.35m |
| Dec 31, 2024 | $158.43m |
| Jan 31, 2025 | $247.98m |
| Feb 28, 2025 | $202.31m |
| Mar 31, 2025 | $157.32m |
| Apr 30, 2025 | $125.55m |
| May 31, 2025 | $129.22m |
| Jun 30, 2025 | $113.65m |
| Jul 31, 2025 | $83.54m |
| Aug 31, 2025 | $92.54m |
| Sep 30, 2025 | $71.52m |
| Oct 31, 2025 | $60.02m |
| Nov 30, 2025 | $42.38m |
| Dec 31, 2025 | $38.88m |
| Jan 31, 2026 | $42.56m |
| Feb 28, 2026 | $32.15m |
| Mar 31, 2026 | $42.8m |
| Apr 30, 2026 | $44.52m |
| May 31, 2026 | $43.87m |
| Jun 30, 2026 | $30.56m |
| Jul 31, 2026 | $32.22m |
| Aug 31, 2026 | $30.6m |
| Sep 30, 2026 | $19.57m |
| Oct 21, 2026 (latest) | $10m |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $158.43m |
| Dec 31, 2025 | $38.88m |
Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $1,258 | $755.98 | $755.98 |
| Dec 2024 | $164,253 | $118,217 | $118,217 |
| Jan 2025 | $251,434 | $216,806 | $216,806 |
| Feb 2025 | $223,617 | $206,668 | $206,668 |
| Mar 2025 | $115,877 | $105,769 | $105,769 |
| Apr 2025 | $97,719 | $84,226 | $84,226 |
| May 2025 | $71,119 | $62,170 | $62,170 |
| Jun 2025 | $81,244 | $72,258 | $72,258 |
| Jul 2025 | $70,062 | $60,244 | $60,244 |
| Aug 2025 | $101,971 | $86,513 | $86,513 |
| Sep 2025 | $46,872 | $42,931 | $42,931 |
| Oct 2025 | $35,185 | $30,866 | $30,866 |
| Nov 2025 | $20,745 | $18,916 | $18,916 |
| Dec 2025 | $21,553 | $18,155 | $18,155 |
| Jan 2026 | $24,622 | $19,654 | $19,654 |
| Feb 2026 | $17,305 | $13,951 | $13,951 |
| Mar 2026 | $15,352 | $11,986 | $11,986 |
| Apr 2026 | $13,880 | $10,133 | $10,133 |
| May 2026 | $7,869 | $6,085 | $6,085 |
| Jun 2026 | $5,651 | $4,033 | $4,033 |
| Jul 2026 | $3,252 | $1,952 | $1,952 |
| Aug 2026 | $1,399 | $839.90 | $839.90 |
| Sep 2026 | $3,089 | $1,855 | $1,855 |
| Oct 2026 (to date) | $5,277 | $3,165 | $3,165 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/spectra-v2
Frequently asked questions
What is Spectra V2's TVL?
As of Oct 21, 2026, Spectra V2 has $10.3m in total value locked. TVL has decreased 38.2% over the past 30 days.
What chains does Spectra V2 operate on?
Spectra V2 operates on 13 chains: Flare, Ethereum, Katana, Stellar, and Sonic and 8 others. Flare holds the largest share at 71.1%.
How much has Spectra V2 generated in fees and revenue?
Over the past 30 days, Spectra V2 generated $7,289 in fees. Of that, $4,374 was protocol revenue. Based on the trailing year, the annualized rate is $153,493 in fees and $123,586 in revenue.
How does Spectra V2's TVL compare to similar protocols?
Among Yield protocols tracked by DefiLlama, Spectra V2 ranks #28 by TVL. The category holds $4.79b across 567 protocols, and Spectra V2 accounts for 0.2% of that total. Similar protocols include Pendle V2, Napier, Equilibria, Penpie, Stake DAO Yield, Saffron Vaults, VaultCraft, Spark Savings, AUTOfinance, and Aura.
How much trading volume does Spectra V2 process?
Spectra V2 processed $4.94m in DEX volume over the past 30 days.