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Tender Finance(TND)

Total Value Locked$159,716

TVL by Chain

Arbitrum$159,716

The chart plots Active Loans as its own series; it is not part of the TVL above.

Key Metrics

Active Loans$577,433

Protocol Information

Tender Finance is an innovative open-source decentralized protocol for borrowing and lending. It will support whole-portfolio collateralization, starting with GMX and GLP, and a novel mechanism for collateralizing long-tail assets.

Category:Lending

Audits:

Yields

Pools Tracked4

Average Supply APY0%

User Activity

Active Addresses (24h)1

New Addresses (24h)0

Transactions (24h)1

Gas Used (24h)0 ETH

Gas Cost (24h)$0

Hacks

Date: Mar 7, 2023

Amount: $1.59m

Classification: Oracle Manipulation

Technique: Stale Oracle Price

Tender Finance on Arbitrum exploited March 7, 2023 for $1.59M via misconfigured GMX oracle. Attacker borrowed using only 1 GMX token (~$70 collateral). White-hat negotiated return for $97K bounty.

Chains: Arbitrum

Language: Solidity

Target Type: DeFi Protocol

Competitors

Tender Finance history

TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from Dec 12, 2022 to Nov 11, 2026.

All-time high TVL: $7.42m on Jun 28, 2023. All-time low TVL: $1,393 on Dec 20, 2022.

Daily TVL, Oct 13, 2026 to Nov 11, 2026

DateTVL
Oct 13, 2026$170,153
Oct 14, 2026$173,170
Oct 15, 2026$169,727
Oct 16, 2026$170,741
Oct 17, 2026$169,890
Oct 18, 2026$169,755
Oct 19, 2026$169,935
Oct 20, 2026$169,392
Oct 21, 2026$171,260
Oct 22, 2026$170,909
Oct 23, 2026$169,860
Oct 24, 2026$168,691
Oct 25, 2026$168,395
Oct 26, 2026$166,963
Oct 27, 2026$166,741
Oct 28, 2026$168,394
Oct 29, 2026$168,348
Oct 30, 2026$163,758
Oct 31, 2026$164,081
Nov 1, 2026$164,993
Nov 2, 2026$165,782
Nov 3, 2026$164,520
Nov 4, 2026$164,610
Nov 5, 2026$169,801
Nov 6, 2026$163,581
Nov 7, 2026$163,562
Nov 8, 2026$163,306
Nov 9, 2026$160,792
Nov 10, 2026$160,840
Nov 11, 2026$158,621

TVL at each month end, Dec 2024 to Nov 2026

DateTVL
Dec 31, 2024$291,125
Jan 31, 2025$324,053
Feb 28, 2025$263,312
Mar 31, 2025$278,658
Apr 30, 2025$281,522
May 31, 2025$299,067
Jun 30, 2025$288,639
Jul 31, 2025$340,066
Aug 31, 2025$304,901
Sep 30, 2025$280,604
Oct 31, 2025$263,560
Nov 30, 2025$230,918
Dec 31, 2025$218,863
Jan 31, 2026$233,870
Feb 28, 2026$198,226
Mar 31, 2026$220,894
Apr 30, 2026$252,918
May 31, 2026$268,962
Jun 30, 2026$223,620
Jul 31, 2026$238,017
Aug 31, 2026$174,462
Sep 30, 2026$176,465
Oct 31, 2026$164,081
Nov 11, 2026 (latest)$158,621

TVL at each year end, Dec 31, 2022 to Dec 31, 2025

DateTVL
Dec 31, 2022$1,680
Dec 31, 2023$2.82m
Dec 31, 2024$291,125
Dec 31, 2025$218,863

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

Frequently asked questions

What is Tender Finance's TVL?

As of Nov 11, 2026, Tender Finance has $159,716 in total value locked. TVL has decreased 8.2% over the past 30 days.

What chains does Tender Finance operate on?

Tender Finance operates on Arbitrum. Arbitrum holds the largest share at 100%.

How does Tender Finance's TVL compare to similar protocols?

Among Lending protocols tracked by DefiLlama, Tender Finance ranks #193 by TVL. The category holds $48.746b across 520 protocols, and Tender Finance accounts for <0.1% of that total. Similar protocols include Aave V3, Morpho Blue, Compound V3, Venus Core Pool, Fluid Lending, Euler V2, Dolomite, Curve LlamaLend, Gearbox, and Native Credit Pool.

How much has been borrowed through Tender Finance?

As of Nov 11, 2026, Tender Finance has $577,433 in active loans.

Has Tender Finance ever been exploited?

Tender Finance has 1 recorded security incident. The most recent incident occurred on Mar 7, 2023 and involved $1.59m. It was classified as Oracle Manipulation.