Ask about SukukFi

Logo of SukukFiSukukFi

Total Value Locked$54.18

TVL by Chain

Berachain$54.18

Protocol Information

SukukFi is a real-world-asset protocol structured on Islamic finance principles. Its vaults (investment layer) finance telecom invoice receivables under a Mudarabah profit-share structure, and its trUST vaults (settlement layer) provide 1:1 permissioned settlement for telecom carrier trade. SukukFi has not obtained independent Sharia certification; "structured on Islamic finance principles" describes methodology, not a certified compliance claim.

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Category:RWA

Sub Category: Private Credit

Audits:

Methodology

TVL: Sums the tokens held by SukukFi's duPRT (investment layer) and trUST (settlement layer) vaults on Berachain. This equals duPRT's grossAssetBalance (idle + pending + claimable + cancelled — everything not yet invested elsewhere) plus trUST's totalAssets (native settlement capital plus any duPRT-invested capital, since investing moves the underlying asset into the matching trUST vault).View code on GitHub

Competitors

Invesco USTB ($543.44m)Ethena USDtb ($490.86m)Re ($388.81m)Huma ($372.72m)Anemoy Capital ($334.04m)OnRe ($296.59m)OpenTrade ($267.2m)Plume Vaults ($220.04m)USD AI ($213.45m)RealT Tokens ($155.09m)

Frequently Asked Questions

What is SukukFi's TVL?

SukukFi currently has $54.18 in total value locked. TVL has increased 0.3% over the past 30 days.

What chains does SukukFi operate on?

SukukFi operates on Berachain. Berachain holds the largest share at 100%.

How does SukukFi's TVL compare to similar protocols?

Among RWA protocols tracked by DefiLlama, SukukFi ranks #104 by TVL. The category holds $4.524b across 172 protocols, and SukukFi accounts for <0.1% of that total. Other leading protocols include Invesco USTB, Ethena USDtb, Re, Huma, Anemoy Capital, OnRe, OpenTrade, Plume Vaults, USD AI, and RealT Tokens.