Ask about Tenderize · free
Logo of Tenderize

Tenderize

Total Value Locked$860,874

TVL by Chain

Ethereum$715,930

Arbitrum$144,944

Key Metrics

Total Raised$3m

Jul 8, 2022$3mRound: Seed

Loading chart...

Protocol Information

Liquid Staking 2.0 - Liquid stake to your preferred validators, create your own LSTs and find liquidity through TenderSwa p

Products:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Hacks

Date: Apr 7, 2025

Protocol: Tenderize V2

Amount: $10,850

Classification: Protocol Logic

Technique: Unknown

Tenderize V2 suffered an exploit involving its proxy upgrade mechanism, resulting in a small loss on Ethereum due to improper proxy upgrade validation.

Chains: Ethereum

Language: Solidity

Target Type: DeFi Protocol

Tenderize history

TVL is the default DefiLlama definition. Daily values are UTC snapshots from May 26, 2022 to Nov 1, 2026.

All-time high TVL: $26.62m on Dec 7, 2024. All-time low TVL: $302,552 on Jun 19, 2022.

Daily TVL, Oct 3, 2026 to Nov 1, 2026

DateTVL
Oct 3, 2026$1.03m
Oct 4, 2026$1.05m
Oct 5, 2026$1.05m
Oct 6, 2026$1.06m
Oct 7, 2026$1.05m
Oct 8, 2026$1m
Oct 9, 2026$972,985
Oct 10, 2026$983,382
Oct 11, 2026$985,708
Oct 12, 2026$1m
Oct 13, 2026$945,118
Oct 14, 2026$980,572
Oct 15, 2026$948,445
Oct 16, 2026$954,219
Oct 17, 2026$943,399
Oct 18, 2026$930,829
Oct 19, 2026$923,756
Oct 20, 2026$918,582
Oct 21, 2026$939,669
Oct 22, 2026$947,907
Oct 23, 2026$906,578
Oct 24, 2026$899,920
Oct 25, 2026$894,178
Oct 26, 2026$885,972
Oct 27, 2026$888,562
Oct 28, 2026$896,528
Oct 29, 2026$896,825
Oct 30, 2026$839,605
Oct 31, 2026$866,122
Nov 1, 2026$860,874

TVL at each month end, Dec 2024 to Nov 2026

DateTVL
Dec 31, 2024$17.09m
Jan 31, 2025$14.83m
Feb 28, 2025$9.85m
Mar 31, 2025$7.06m
Apr 30, 2025$5.58m
May 31, 2025$9.23m
Jun 30, 2025$5.42m
Jul 31, 2025$5.72m
Aug 31, 2025$6.2m
Sep 30, 2025$5.81m
Oct 31, 2025$4.29m
Nov 30, 2025$3.59m
Dec 31, 2025$2.93m
Jan 31, 2026$1.51m
Feb 28, 2026$1.11m
Mar 31, 2026$1.05m
Apr 30, 2026$1.13m
May 31, 2026$1.04m
Jun 30, 2026$737,611
Jul 31, 2026$806,431
Aug 31, 2026$949,939
Sep 30, 2026$1.05m
Oct 31, 2026$866,122
Nov 1, 2026 (latest)$860,874

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

DateTVL
Dec 31, 2022$698,019
Dec 31, 2023$1.13m
Dec 31, 2024$17.09m
Dec 31, 2025$2.93m

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

Frequently asked questions

What is Tenderize's TVL?

As of Nov 1, 2026, Tenderize has $860,874 in total value locked. TVL has decreased 17.3% over the past 30 days.

What chains does Tenderize operate on?

Tenderize operates on 2 chains: Arbitrum and Ethereum. Ethereum holds the largest share at 83.2%.

Which protocols are included in Tenderize?

Tenderize is a parent protocol whose tracked products include lpETH, Tenderize V2, Tenderize V1, and TenderSwap.

Has Tenderize ever been exploited?

Tenderize has 1 recorded security incident. The most recent incident occurred on Apr 7, 2025 and involved $10,850. It was classified as Protocol Logic.