Logo of TheoTheo
Total Value Locked$64.46m

TVL by Chain

Arbitrum$37.24m

Solana$26.36m

Ethereum$730,828

Linea$108,499

Base$22,823

Key Metrics

Fees (Annualized)$4.61m
Fees 30d$256,133.24

Ethereum$171,057.07

Stable$78,573.59

Hyperliquid L1$3,985

Arbitrum$2,519

Base$0.66

Linea$0

Fees 7d$55,648

Ethereum$44,709

Stable$9,591.59

Hyperliquid L1$903

Arbitrum$445

Base$0.21

Linea$0

Fees 24h$0

Arbitrum$0

Base$0

Ethereum$0

Hyperliquid L1$0

Linea$0

Stable$0

Cumulative Fees$2.69m

Ethereum$9.22m

Arbitrum$2.21m

Stable$1.13m

Hyperliquid L1$507,316

Base$237,834.66

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 APY3.34%

Competitors

Midas RWA ($131.57m)Centrifuge Protocol ($1.635b)VNX ($5.16m)BlackRock BUIDL ($3.546b)Ondo Yield Assets ($2.518b)Tether Gold ($3.108b)Circle USYC ($2.995b)Spiko ($2.423b)Paxos Gold ($1.91b)Ondo Global Markets ($962.64m)

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 $64.46m 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 57.8%.

How much has Theo generated in fees and revenue?

Over the past 30 days, Theo generated $256,133.24 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $4.61m 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 3.3%.