Ask about Theo
Logo of TheoTheo
Total Value Locked$70.08m

TVL by Chain

Arbitrum$37.18m

Solana$26.32m

Ethereum$6.44m

Linea$107,665

Base$22,774

Key Metrics

Fees (Annualized)$4.58m
Fees 30d$291,610.23

Ethereum$182,144.07

Stable$101,836

Hyperliquid L1$4,375

Arbitrum$3,256

Base$0.2

Linea$0

Fees 7d$67,093.23

Ethereum$41,144.07

Stable$24,260

Hyperliquid L1$1,004

Arbitrum$686

Base$0.2

Linea$0

Fees 24h$8,517

Ethereum$5,745

Stable$2,536

Hyperliquid L1$136

Arbitrum$100

Base$0.03

Linea$0

Cumulative Fees$2.57m

Ethereum$9.13m

Arbitrum$2.21m

Stable$1.11m

Hyperliquid L1$505,423

Base$237,834.2

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 APY3.41%

Competitors

Midas RWA ($115.44m)Centrifuge Protocol ($1.628b)VNX ($5.43m)BlackRock BUIDL ($3.491b)Ondo Yield Assets ($2.526b)Circle USYC ($3.006b)Tether Gold ($2.881b)Spiko ($2.246b)Paxos Gold ($1.787b)Ondo Global Markets ($914.15m)

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 $70.08m in total value locked. TVL has decreased 27% 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 53.1%.

How much has Theo generated in fees and revenue?

Over the past 30 days, Theo generated $291,610.23 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $4.58m 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%.