Total Value Locked$271.59
TVL by Chain
Robinhood Chain$271.59
Key Metrics
Fees 30d$0
Fees 30d by chain
Robinhood Chain$0
Fees 7d$0
Robinhood Chain$0
Fees 24h$0
Robinhood Chain$0
Cumulative Fees$172,894.68
Robinhood Chain$172,894.68
Revenue 30d$0
Revenue 30d by chain
Robinhood Chain$0
Revenue 7d$0
Robinhood Chain$0
Revenue 24h$0
Robinhood Chain$0
Cumulative Revenue$138,322.14
Robinhood Chain$138,322.14
Holders Revenue 30d$0
Holders Revenue 30d by chain
Robinhood Chain$0
Holders Revenue 7d$0
Robinhood Chain$0
Holders Revenue 24h$0
Robinhood Chain$0
Cumulative Holders Revenue$103,743.6
Robinhood Chain$103,743.6
Staked$0
Protocol Information
STEEL is an on-chain grid-mining lottery + veSTEEL staking protocol on Robinhood Chain. Each round, players deploy ETH onto a 5x5 grid; a provably-fair drand beacon picks the winning square, whose backers split the round's ETH pot and mine a fixed STEEL emission. A 1-in-625 roll triggers a motherlode (STEEL + ETH). STEEL can be locked into veSTEEL to earn a pro-rata share of protocol ETH revenue.
Methodology
TVL: tvl = native ETH held by the mine (auto-deploy escrow, pending winnings, motherlode). staking = STEEL locked in the veSTEEL staking contractView code on GitHubFees: The 10% rake taken from every round's pot: 6% to veSTEEL stakers, 2% to the keeper, and 2% to the motherlode.View code on GitHubRevenue: Gross profit: 6% distributed to veSTEEL stakers plus the 2% keeper cut.View code on GitHubHolders Revenue: All staker rewards — the ETH distributed to veSTEEL stakers (RewardNotified events on VeSteelV2).View code on GitHubCompetitors
Frequently Asked Questions
What is STEEL's TVL?
STEEL currently has $271.59 in total value locked. TVL has increased 32.5% over the past 30 days.
What chains does STEEL operate on?
STEEL operates on Robinhood Chain. Robinhood Chain holds the largest share at 100%.
How much has STEEL generated in fees and revenue?
Over the past 30 days, STEEL generated $0 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $1.17m in fees and $934,955.21 in revenue.
How does STEEL's TVL compare to similar protocols?
Among Gamified Mining protocols tracked by DefiLlama, STEEL ranks #11 by TVL. The category holds $792,811.14 across 41 protocols, and STEEL accounts for <0.1% of that total. Other leading protocols include StockRip, SLVR, Orchard, LUNA, Orixium, BowStop, ROAR, MinePea, Sat Rush, and ZINC.