Total Value Locked$484,524
TVL by Chain
Arbitrum$416,233
Polygon$64,907
Base$3,384
OP Mainnet$0
BSC$0
Avalanche$0
Kava$0
The chart plots Staking as its own series; it is not part of the TVL above.
Key Metrics
Staked$0
Annual Operational Expenses$547,336
Headcount—
StaffPayroll$319,610
OperationalCosts$43,000
SubscriptionsServices$600
AdditionalMarketing$49,795
YlSPHEREDispersments$134,331
Sourceshttps://www.sphere.finance/treasury-report
NotesUsing data from Q3 2023
Last UpdateDec 19, 2023
Protocol Information
The center of DeFi - earn revenue from multiple innovative streams by holding one token.
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
SPHERE history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Mar 30, 2022 to Oct 20, 2026.
All-time high TVL: $21.76m on Apr 1, 2024. All-time low TVL: $80,266 on May 12, 2022.
Daily TVL, Sep 21, 2026 to Oct 20, 2026
| Date | TVL |
|---|---|
| Sep 21, 2026 | $564,644 |
| Sep 22, 2026 | $567,712 |
| Sep 23, 2026 | $564,211 |
| Sep 24, 2026 | $551,806 |
| Sep 25, 2026 | $554,217 |
| Sep 26, 2026 | $555,220 |
| Sep 27, 2026 | $556,695 |
| Sep 28, 2026 | $556,825 |
| Sep 29, 2026 | $555,009 |
| Sep 30, 2026 | $554,065 |
| Oct 1, 2026 | $554,090 |
| Oct 2, 2026 | $555,977 |
| Oct 3, 2026 | $550,304 |
| Oct 4, 2026 | $553,742 |
| Oct 5, 2026 | $559,705 |
| Oct 6, 2026 | $557,237 |
| Oct 7, 2026 | $554,812 |
| Oct 8, 2026 | $530,821 |
| Oct 9, 2026 | $514,121 |
| Oct 10, 2026 | $512,164 |
| Oct 11, 2026 | $515,807 |
| Oct 12, 2026 | $521,816 |
| Oct 13, 2026 | $502,168 |
| Oct 14, 2026 | $515,088 |
| Oct 15, 2026 | $500,014 |
| Oct 16, 2026 | $503,873 |
| Oct 17, 2026 | $500,420 |
| Oct 18, 2026 | $497,381 |
| Oct 19, 2026 | $497,956 |
| Oct 20, 2026 | $484,562 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $17.28m |
| Dec 31, 2024 | $14.64m |
| Jan 31, 2025 | $14.13m |
| Feb 28, 2025 | $11.6m |
| Mar 31, 2025 | $11.4m |
| Apr 30, 2025 | $11.33m |
| May 31, 2025 | $11.4m |
| Jun 30, 2025 | $11.23m |
| Jul 31, 2025 | $11.51m |
| Aug 31, 2025 | $11.64m |
| Sep 30, 2025 | $11.61m |
| Oct 31, 2025 | $7.49m |
| Nov 30, 2025 | $820,093 |
| Dec 31, 2025 | $775,786 |
| Jan 31, 2026 | $700,029 |
| Feb 28, 2026 | $499,584 |
| Mar 31, 2026 | $490,832 |
| Apr 30, 2026 | $505,557 |
| May 31, 2026 | $461,067 |
| Jun 30, 2026 | $384,383 |
| Jul 31, 2026 | $426,582 |
| Aug 31, 2026 | $516,526 |
| Sep 30, 2026 | $554,065 |
| Oct 20, 2026 (latest) | $484,562 |
TVL at each year end, Dec 31, 2022 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2022 | $11.15m |
| Dec 31, 2023 | $12.54m |
| Dec 31, 2024 | $14.64m |
| Dec 31, 2025 | $775,786 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/sphere
Frequently asked questions
What is SPHERE's TVL?
As of Oct 20, 2026, SPHERE has $484,524 in total value locked. TVL has decreased 12.6% over the past 30 days.
What chains does SPHERE operate on?
SPHERE operates on 7 chains: Polygon, Arbitrum, Base, Avalanche, and OP Mainnet and 2 others. Arbitrum holds the largest share at 85.9%.
Which protocols are included in SPHERE?
SPHERE is a parent protocol whose tracked products include Dyson, Preon Finance, and Penrose.