Ask about Theo
Logo of TheoTheo
Total Value Locked$80.37m

TVL by Chain

Arbitrum$37.16m

Solana$26.31m

Ethereum$16.78m

Linea$107,220

Base$22,779

Key Metrics

Fees (Annualized)$4.54m
Fees 30d$527,312

Arbitrum$230,459

Ethereum$191,358

Stable$100,850

Hyperliquid L1$4,645

Base$0

Linea$0

Fees 7d$63,132

Ethereum$38,434

Stable$23,081

Hyperliquid L1$954

Arbitrum$663

Base$0

Linea$0

Fees 24h$9,507

Ethereum$5,745

Stable$3,520

Hyperliquid L1$144

Arbitrum$98

Base$0

Linea$0

Cumulative Fees$2.52m

Ethereum$9.09m

Arbitrum$2.21m

Stable$1.08m

Hyperliquid L1$504,563

Base$237,834

Linea$710

Revenue (30d Run Rate)$0
Revenue 30d$0

Arbitrum$0

Base$0

Ethereum$0

Hyperliquid L1$0

Linea$0

Stable$0

Revenue 7d$0

Arbitrum$0

Base$0

Ethereum$0

Hyperliquid L1$0

Linea$0

Stable$0

Revenue 24h$0

Arbitrum$0

Base$0

Ethereum$0

Hyperliquid L1$0

Linea$0

Stable$0

Cumulative Revenue$0

Arbitrum$0

Base$0

Ethereum$0

Hyperliquid L1$0

Linea$0

Stable$0

Total Raised$20m

Apr 24, 2025$20mRound: Investors: Hack VC, Anthos Capital, Manifold, Mirana Ventures, Metalayer Ventures, SCB Limited, Amber Group, Selini Capital, MEXC Ventures, Flowdesk

Protocol Information

Theo is a full-stack platform connecting onchain capital to global financial markets.

Category:RWA

WebsiteTwitter

Methodology

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

Fees:

Theo Straddle Vaults - Trading PnL generated by Theo straddle vaults, PnL accrues to depositors.View code on GitHubTheo Network thBill - Treasury yields from underlyingView code on GitHub

Revenue:

Theo Straddle Vaults - No revenue.View code on GitHubTheo Network thBill - No revenueView code on GitHub

Yields

Pools Tracked3

Average Supply APY3.35%

Competitors

Midas RWA ($118.91m)Centrifuge Protocol ($1.629b)VNX ($5.4m)BlackRock BUIDL ($3.443b)Ondo Yield Assets ($2.559b)Circle USYC ($3.005b)Tether Gold ($2.889b)Spiko ($2.26b)Paxos Gold ($1.801b)Ondo Global Markets ($941.67m)

Frequently Asked Questions

What is Theo?

Theo is a full-stack platform connecting onchain capital to global financial markets.

What is Theo's TVL?

Theo currently has $80.37m in total value locked. TVL has decreased 19.8% over the past 30 days.

What chains does Theo operate on?

Theo operates on 7 chains: Ethereum, Linea, Arbitrum, Base, and Solana and 2 others. Arbitrum holds the largest share at 46.2%.

How much has Theo generated in fees and revenue?

Over the past 30 days, Theo generated $527,312 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $4.54m in fees.

Which protocols are included in Theo?

Theo is a parent protocol whose tracked products include Theo Network thBill and Theo Straddle Vaults.

How many yield pools does Theo have?

DefiLlama tracks 3 Theo yield pools with an average APY of 3.4%.