Total Value Locked$250.14m
TVL by Chain
Ethereum$250.14m
Key Metrics
Fees 30d$1.02m
Fees 30d by chain
Ethereum$1.02m
Fees 7d$757,357
Ethereum$757,357
Fees 24h$3,742
Ethereum$3,742
Cumulative Fees$88.89m
Ethereum$88.89m
Revenue 30d$156,825
Revenue 30d by chain
Ethereum$156,825
Revenue 7d$134,486
Ethereum$134,486
Revenue 24h$874
Ethereum$874
Cumulative Revenue$36.18m
Ethereum$36.18m
Holders Revenue 30d$125,688
Holders Revenue 30d by chain
Ethereum$125,688
Holders Revenue 7d$125,269
Ethereum$125,269
Holders Revenue 24h$0
Ethereum$0
Cumulative Holders Revenue$35.49m
Ethereum$35.49m
Incentives 1y$281,742
Incentives 30d$2,907
Incentives 7d$643.25
Cumulative Incentives$200.23m
Earnings (Annualized)$350,659
Earnings 30d$153,918
Earnings 7d$133,843
Cumulative Earnings-$164.06m
Collateral Liquidated 30d$132,387
Collateral Liquidated 30d by chain
Ethereum$132,387
Collateral Liquidated 7d$132,387
Ethereum$132,387
Collateral Liquidated 24h$0
Ethereum$0
Cumulative Collateral Liquidated$132,387
Ethereum$132,387
Market Cap$19.58m
$LQTY Price$0.20
Fully Diluted Valuation$19.81m
Outstanding FDV$20.17m
$LQTY Volume 24h$1.75m
CEX Volume$1.08m
DEX Volume$787,181(45.05% of total)
Staked$10.47m(53.48% of mcap)
Treasury$1.53m
Majors$34,203
Stablecoins$1.47m
Own Tokens$12,004
Others$12,131
Total Raised$6m
Mar 30, 2021$6mRound: Series AInvestors: Pantera Capital, Nima Capital, Alameda Research, IOSG, AngelDAO, Bo Shen, Meltem Demirors, David Hoffmann, Calvin Liu, George Lambeth, Tomahawk VC, Lemniscap, 1kx, Greenfield Capital
Protocol Information
Liquity is a decentralized and immutable borrowing protocol that allows you to draw capital efficient loans against ETH and LSTs.
- Liquity V1CDP
- Liquity V2CDP
Yields
Pools Tracked3
Average Supply APY4.32%
User Activity
Active Addresses (24h)2
New Addresses (24h)0
Transactions (24h)6
Gas Used (24h)0 ETH
Gas Cost (24h)$7.21
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
Holders Revenue:
Collateral Liquidated: USD value of collateral seized during protocol liquidations
Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Competitors
Liquity history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Apr 6, 2021 to Nov 2, 2026.
All-time high TVL: $4.523b on May 11, 2021. All-time low TVL: $163.59m on Apr 9, 2025.
Daily TVL, Oct 4, 2026 to Nov 2, 2026
| Date | TVL |
|---|---|
| Oct 4, 2026 | $301.64m |
| Oct 5, 2026 | $305.79m |
| Oct 6, 2026 | $304.67m |
| Oct 7, 2026 | $302.72m |
| Oct 8, 2026 | $288.46m |
| Oct 9, 2026 | $277.18m |
| Oct 10, 2026 | $277.94m |
| Oct 11, 2026 | $278.91m |
| Oct 12, 2026 | $283.1m |
| Oct 13, 2026 | $270.96m |
| Oct 14, 2026 | $279.66m |
| Oct 15, 2026 | $270.35m |
| Oct 16, 2026 | $271.55m |
| Oct 17, 2026 | $269.28m |
| Oct 18, 2026 | $267.74m |
| Oct 19, 2026 | $268.4m |
| Oct 20, 2026 | $266.48m |
| Oct 21, 2026 | $272.16m |
| Oct 22, 2026 | $274.91m |
| Oct 23, 2026 | $265.82m |
| Oct 24, 2026 | $264.4m |
| Oct 25, 2026 | $260.8m |
| Oct 26, 2026 | $258.73m |
| Oct 27, 2026 | $258.68m |
| Oct 28, 2026 | $260.87m |
| Oct 29, 2026 | $260.49m |
| Oct 30, 2026 | $240.44m |
| Oct 31, 2026 | $243.06m |
| Nov 1, 2026 | $244.5m |
| Nov 2, 2026 | $246.18m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $413.5m |
| Jan 31, 2025 | $425.1m |
| Feb 28, 2025 | $288.94m |
| Mar 31, 2025 | $208.74m |
| Apr 30, 2025 | $197.57m |
| May 31, 2025 | $315.16m |
| Jun 30, 2025 | $349.55m |
| Jul 31, 2025 | $503.67m |
| Aug 31, 2025 | $542.33m |
| Sep 30, 2025 | $496.79m |
| Oct 31, 2025 | $455.85m |
| Nov 30, 2025 | $373.87m |
| Dec 31, 2025 | $357.29m |
| Jan 31, 2026 | $318.32m |
| Feb 28, 2026 | $234.84m |
| Mar 31, 2026 | $244.33m |
| Apr 30, 2026 | $278.38m |
| May 31, 2026 | $231.32m |
| Jun 30, 2026 | $188.4m |
| Jul 31, 2026 | $213.1m |
| Aug 31, 2026 | $268.82m |
| Sep 30, 2026 | $298.47m |
| Oct 31, 2026 | $243.06m |
| Nov 2, 2026 (latest) | $246.18m |
TVL at each year end, Dec 31, 2021 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2021 | $1.83b |
| Dec 31, 2022 | $411.25m |
| Dec 31, 2023 | $728.3m |
| Dec 31, 2024 | $413.5m |
| Dec 31, 2025 | $357.29m |
Fees, revenue and holders revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Dec 2024 | $80,557 | $52,786 | $52,786 |
| Jan 2025 | $336,665 | $84,684 | $69,264 |
| Feb 2025 | $329,909 | $117,807 | $92,401 |
| Mar 2025 | $122,244 | $91,150 | $85,454 |
| Apr 2025 | $52,481 | $38,180 | $35,952 |
| May 2025 | $55,394 | $11,016 | $4,624 |
| Jun 2025 | $403,858 | $49,315 | $13,047 |
| Jul 2025 | $210,345 | $53,006 | $9,051 |
| Aug 2025 | $222,393 | $50,279 | $9,859 |
| Sep 2025 | $260,433 | $55,511 | $2,861 |
| Oct 2025 | $338,614 | $67,069 | $16,488 |
| Nov 2025 | $650,125 | $51,966 | $12,130 |
| Dec 2025 | $236,683 | $64,378 | $20,816 |
| Jan 2026 | $167,799 | $48,637 | $13,037 |
| Feb 2026 | $190,944 | $53,836 | $14,547 |
| Mar 2026 | $96,639 | $29,028 | $11,746 |
| Apr 2026 | $142,584 | $36,943 | $3,776 |
| May 2026 | $55,680 | $13,486 | $1,143 |
| Jun 2026 | $200,711 | $42,934 | $6,681 |
| Jul 2026 | $191,361 | $45,567 | $164.54 |
| Aug 2026 | $206,398 | $61,133 | $17,762 |
| Sep 2026 | $152,133 | $27,334 | $1,678 |
| Oct 2026 | $1.02m | $157,848 | $125,688 |
| Nov 2026 (to date) | $8,712 | $1,792 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/liquity
Frequently asked questions
What is Liquity's TVL?
As of Nov 2, 2026, Liquity has $250.14m in total value locked. TVL has decreased 16.5% over the past 30 days.
What chains does Liquity operate on?
Liquity operates on Ethereum. Ethereum holds the largest share at 100%.
How much has Liquity generated in fees and revenue?
Over the past 30 days, Liquity generated $1.02m in fees. Of that, $156,825 was protocol revenue. Based on the trailing year, the annualized rate is $3.31m in fees and $632,401 in revenue.
What is the LQTY token price and valuation?
LQTY is currently trading at $0.20. Its circulating market capitalization is $19.3m, ranking it #1,105. Its fully diluted valuation is $19.52m. Supply currently stands at 98.85m circulating, 100m total supply, 100m maximum supply.
How has LQTY performed recently?
LQTY is up 0.5% over the past 7 days and down 15.7% over the past 30 days. Its all-time high is $146.94, reached on Apr 5, 2021. The token is currently 99.9% below that level.
How does Liquity's TVL compare to similar protocols?
Among CDP protocols tracked by DefiLlama, Liquity ranks #3 by TVL. The category holds $7.109b across 196 protocols, and Liquity accounts for 3.5% of that total. Similar protocols include Sky Lending, USDD, crvUSD, Reservoir Protocol, Frankencoin, Inverse Finance FiRM, BIMA CDP, Inverse Finance Frontier, mStable V2, and Abracadabra Spell.
How many yield pools does Liquity have?
DefiLlama tracks 3 Liquity yield pools with an average APY of 4.3%.
Does Liquity have a treasury?
Liquity has a tracked treasury currently valued at $1.53m. Its holdings include $1.47m in stablecoins, $34,203 in major assets, $12,004 in its own tokens, $12,131 in other assets.

