Protocol Information
First DeFi composable LSD solution for stablecoins.
Sub Category: Treasury Bills
Methodology
TVL: counts value of assets in the TreasuryView code on GitHubCompetitors
TProtocol V1 history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from May 2, 2023 to Oct 28, 2026.
All-time high TVL: $6.28m on May 12, 2023. All-time low TVL: $1,352 on Apr 3, 2024.
Daily TVL, Sep 29, 2026 to Oct 28, 2026
| Date | TVL |
|---|---|
| Sep 29, 2026 | $72,692 |
| Sep 30, 2026 | $72,698 |
| Oct 1, 2026 | $72,705 |
| Oct 2, 2026 | $72,712 |
| Oct 3, 2026 | $72,721 |
| Oct 4, 2026 | $72,728 |
| Oct 5, 2026 | $72,735 |
| Oct 6, 2026 | $72,741 |
| Oct 7, 2026 | $72,748 |
| Oct 8, 2026 | $72,755 |
| Oct 9, 2026 | $72,761 |
| Oct 10, 2026 | $72,769 |
| Oct 11, 2026 | $72,775 |
| Oct 12, 2026 | $72,782 |
| Oct 13, 2026 | $72,789 |
| Oct 14, 2026 | $72,796 |
| Oct 15, 2026 | $72,803 |
| Oct 16, 2026 | $72,809 |
| Oct 17, 2026 | $72,819 |
| Oct 18, 2026 | $72,826 |
| Oct 19, 2026 | $72,832 |
| Oct 20, 2026 | $72,839 |
| Oct 21, 2026 | $72,846 |
| Oct 22, 2026 | $72,853 |
| Oct 23, 2026 | $72,859 |
| Oct 24, 2026 | $72,869 |
| Oct 25, 2026 | $72,876 |
| Oct 26, 2026 | $72,883 |
| Oct 27, 2026 | $72,889 |
| Oct 28, 2026 | $72,896 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $78,818 |
| Dec 31, 2024 | $68,761 |
| Jan 31, 2025 | $68,966 |
| Feb 28, 2025 | $69,198 |
| Mar 31, 2025 | $69,413 |
| Apr 30, 2025 | $69,396 |
| May 31, 2025 | $69,612 |
| Jun 30, 2025 | $69,822 |
| Jul 31, 2025 | $70,274 |
| Aug 31, 2025 | $70,504 |
| Sep 30, 2025 | $1,354 |
| Oct 31, 2025 | $1,354 |
| Nov 30, 2025 | $71,026 |
| Dec 31, 2025 | $71,217 |
| Jan 31, 2026 | $71,358 |
| Feb 28, 2026 | $71,433 |
| Mar 31, 2026 | $71,547 |
| Apr 30, 2026 | $71,540 |
| May 31, 2026 | $71,710 |
| Jun 30, 2026 | $72,083 |
| Jul 31, 2026 | $71,420 |
| Aug 31, 2026 | $71,494 |
| Sep 30, 2026 | $72,698 |
| Oct 28, 2026 (latest) | $72,896 |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $217,977 |
| Dec 31, 2024 | $68,761 |
| Dec 31, 2025 | $71,217 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/tprotocol-v1
Frequently asked questions
What is TProtocol V1's TVL?
As of Oct 28, 2026, TProtocol V1 has $72,904 in total value locked. TVL has increased 0.3% over the past 30 days.
What chains does TProtocol V1 operate on?
TProtocol V1 operates on Ethereum. Ethereum holds the largest share at 100%.
How does TProtocol V1's TVL compare to similar protocols?
Among RWA protocols tracked by DefiLlama, TProtocol V1 ranks #75 by TVL. The category holds $4.115b across 176 protocols, and TProtocol V1 accounts for <0.1% of that total. Similar protocols include Ethena USDtb, Re, Huma, Anemoy Capital, OpenTrade, Plume Vaults, Theo Network thUSD, Frax USD, Ember, and Usual USD0.