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SUBFROST

Total Value Locked$8.38m

TVL by Chain

Bitcoin$8.25m

Ethereum$133,484

Protocol Information

SUBFROST is a decentralized signing network that issues frBTC and frUSD, trust-minimized assets which power the ultimate UX on Bitcoin L1. SUBFROST's portfolio of apps deliver this UX directly to end-users, and its API products enable developers to build the next generation of advanced crypto applications.

SUBFROST history

TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jul 29, 2026 to Nov 12, 2026.

All-time high TVL: $10.51m on Oct 2, 2026. All-time low TVL: $6.8m on Aug 2, 2026.

Daily TVL, Oct 14, 2026 to Nov 12, 2026

DateTVL
Oct 14, 2026$9.09m
Oct 15, 2026$8.92m
Oct 16, 2026$8.97m
Oct 17, 2026$8.89m
Oct 18, 2026$8.9m
Oct 19, 2026$9.02m
Oct 20, 2026$8.95m
Oct 21, 2026$9.15m
Oct 22, 2026$9.27m
Oct 23, 2026$8.97m
Oct 24, 2026$8.93m
Oct 25, 2026$8.91m
Oct 26, 2026$8.84m
Oct 27, 2026$8.85m
Oct 28, 2026$8.94m
Oct 29, 2026$8.96m
Oct 30, 2026$8.52m
Oct 31, 2026$8.55m
Nov 1, 2026$8.64m
Nov 2, 2026$8.68m
Nov 3, 2026$8.54m
Nov 4, 2026$8.57m
Nov 5, 2026$8.97m
Nov 6, 2026$8.57m
Nov 7, 2026$8.58m
Nov 8, 2026$8.59m
Nov 9, 2026$8.5m
Nov 10, 2026$8.51m
Nov 11, 2026$8.38m
Nov 12, 2026$8.45m

TVL at each month end, Jul 2026 to Nov 2026

DateTVL
Jul 31, 2026$7.06m
Aug 31, 2026$8.16m
Sep 30, 2026$10.29m
Oct 31, 2026$8.55m
Nov 12, 2026 (latest)$8.45m

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/subfrost

Frequently asked questions

What is SUBFROST's TVL?

As of Nov 12, 2026, SUBFROST has $8.38m in total value locked. TVL has decreased 5.6% over the past 30 days.

What chains does SUBFROST operate on?

SUBFROST operates on 2 chains: Bitcoin and Ethereum. Bitcoin holds the largest share at 98.4%.

How does SUBFROST's TVL compare to similar protocols?

Among Decentralized BTC protocols tracked by DefiLlama, SUBFROST ranks #3 by TVL. The category holds $338.43m across 6 protocols, and SUBFROST accounts for 2.5% of that total. Similar protocols include tBTC, Chain Fusion, BitSafe CBTC, Zeus Network, and iBTC Network.