Total Value Locked$64.3m
TVL by Chain
Ethereum$56.09m
Avalanche$7.93m
Mantle$281,526
Key Metrics
Fees 30d$33,517
Fees 30d by chain
Ethereum$20,898
Avalanche$12,628
Fees 7d$5,141
Ethereum$4,500
Avalanche$650.13
Fees 24h$896
Ethereum$856
Avalanche$40
Cumulative Fees$2.8m
Ethereum$2.92m
Avalanche$51,647
Revenue 30d$6,729
Revenue 30d by chain
Ethereum$4,178
Avalanche$2,551
Revenue 7d$1,055
Ethereum$900
Avalanche$154.49
Revenue 24h$179
Ethereum$171
Avalanche$7.95
Cumulative Revenue$1.26m
Ethereum$1.25m
Avalanche$13,968
Holders Revenue 30d$0
Holders Revenue 30d by chain
Avalanche$0
Ethereum$0
Holders Revenue 7d$0
Avalanche$0
Ethereum$0
Holders Revenue 24h$0
Avalanche$0
Ethereum$0
Cumulative Holders Revenue$144,089
Ethereum$144,089
Avalanche$0
Market Cap$6.99m
$TREE Price$0.045
Fully Diluted Valuation$44.77m
$TREE Volume 24h$14.01m
CEX Volume$23.44m
DEX Volume$5.34m(38.07% of total)
Protocol Information
Treehouse is a decentralized application that introduces Treehouse Assets (tAssets) and Decentralized Offered Rates (DOR), new primitives that enable fixed income products in digital assets.
Audits:
Methodology
TVL: Token balance in vault and strategy contractsView code on GitHubFees: Market Effective Yield (MEY) earned by tETH and tAVAX before the performance fee, net of MEY losses, plus standard and Fastlane redemption fees.View code on GitHubRevenue: 20% performance fee on positive MEY plus Fastlane instant-redemption fees (0.5% since TIP 7 in March 2026, 2% before), excluding Fastlane redemptions by a fixed list of excluded wallets.View code on GitHubHolders Revenue: TREE bought back by the protocol, counted as TREE received by the buyback wallet on Ethereum.View code on GitHubYields
Pools Tracked2
Average Supply APY0.28%
Treehouse Protocol history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Sep 10, 2024 to Oct 24, 2026.
All-time high TVL: $613.51m on Aug 14, 2025. All-time low TVL: $1,185 on Sep 10, 2024.
Daily TVL, Sep 25, 2026 to Oct 24, 2026
| Date | TVL |
|---|---|
| Sep 25, 2026 | $75.05m |
| Sep 26, 2026 | $75.52m |
| Sep 27, 2026 | $75.62m |
| Sep 28, 2026 | $75.99m |
| Sep 29, 2026 | $75.67m |
| Sep 30, 2026 | $75.75m |
| Oct 1, 2026 | $75.52m |
| Oct 2, 2026 | $74.4m |
| Oct 3, 2026 | $73.18m |
| Oct 4, 2026 | $73.94m |
| Oct 5, 2026 | $74.82m |
| Oct 6, 2026 | $74.51m |
| Oct 7, 2026 | $74.61m |
| Oct 8, 2026 | $71.29m |
| Oct 9, 2026 | $65.9m |
| Oct 10, 2026 | $66.37m |
| Oct 11, 2026 | $66.95m |
| Oct 12, 2026 | $68.18m |
| Oct 13, 2026 | $65.78m |
| Oct 14, 2026 | $68.33m |
| Oct 15, 2026 | $66.22m |
| Oct 16, 2026 | $66.73m |
| Oct 17, 2026 | $66.2m |
| Oct 18, 2026 | $65.62m |
| Oct 19, 2026 | $65.58m |
| Oct 20, 2026 | $65.03m |
| Oct 21, 2026 | $66.58m |
| Oct 22, 2026 | $67.14m |
| Oct 23, 2026 | $64.49m |
| Oct 24, 2026 | $64.37m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $277.63m |
| Dec 31, 2024 | $321.59m |
| Jan 31, 2025 | $324.83m |
| Feb 28, 2025 | $264.06m |
| Mar 31, 2025 | $214.58m |
| Apr 30, 2025 | $219.15m |
| May 31, 2025 | $324.95m |
| Jun 30, 2025 | $327.79m |
| Jul 31, 2025 | $524.51m |
| Aug 31, 2025 | $488.36m |
| Sep 30, 2025 | $462.84m |
| Oct 31, 2025 | $413.62m |
| Nov 30, 2025 | $298.54m |
| Dec 31, 2025 | $250.91m |
| Jan 31, 2026 | $238.18m |
| Feb 28, 2026 | $153.96m |
| Mar 31, 2026 | $149.77m |
| Apr 30, 2026 | $113.31m |
| May 31, 2026 | $84.84m |
| Jun 30, 2026 | $53.99m |
| Jul 31, 2026 | $54.5m |
| Aug 31, 2026 | $69.03m |
| Sep 30, 2026 | $75.75m |
| Oct 24, 2026 (latest) | $64.37m |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $321.59m |
| Dec 31, 2025 | $250.91m |
Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $75,455 | $12,957 | $0 |
| Dec 2024 | $72,368 | $8,787 | $0 |
| Jan 2025 | $104,598 | $20,125 | $0 |
| Feb 2025 | $108,039 | $21,256 | $0 |
| Mar 2025 | $50,166 | $13,529 | $0 |
| Apr 2025 | $51,735 | $13,858 | $0 |
| May 2025 | $136,001 | $34,260 | $0 |
| Jun 2025 | $143,270 | $26,135 | $0 |
| Jul 2025 | $197,973 | $102,580 | $0 |
| Aug 2025 | $400,070 | $192,145 | $0 |
| Sep 2025 | $198,940 | $41,471 | $0 |
| Oct 2025 | $196,766 | $42,431 | $0 |
| Nov 2025 | $500,040 | $415,386 | $58,415 |
| Dec 2025 | $136,693 | $35,669 | $24,948 |
| Jan 2026 | $83,227 | $22,162 | $19,677 |
| Feb 2026 | $20,693 | $14,293 | $14,678 |
| Mar 2026 | $61,261 | $42,904 | $10,031 |
| Apr 2026 | $34,439 | $141,350 | $10,671 |
| May 2026 | $37,166 | $17,197 | $5,669 |
| Jun 2026 | $40,154 | $18,743 | $0 |
| Jul 2026 | $28,905 | $6,127 | $0 |
| Aug 2026 | $19,362 | $4,670 | $0 |
| Sep 2026 | $29,565 | $5,932 | $0 |
| Oct 2026 (to date) | $23,849 | $4,795 | $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/treehouse-protocol
Frequently asked questions
What is Treehouse Protocol's TVL?
As of Oct 24, 2026, Treehouse Protocol has $64.3m in total value locked. TVL has decreased 14.3% over the past 30 days.
What chains does Treehouse Protocol operate on?
Treehouse Protocol operates on 3 chains: Ethereum, Avalanche, and Mantle. Ethereum holds the largest share at 87.2%.
How much has Treehouse Protocol generated in fees and revenue?
Over the past 30 days, Treehouse Protocol generated $33,517 in fees. Of that, $6,729 was protocol revenue. Based on the trailing year, the annualized rate is $1.04m in fees and $734,576 in revenue.
What is the TREE token price and valuation?
TREE is currently trading at $0.045. Its circulating market capitalization is $6.99m, ranking it #1,734. Its fully diluted valuation is $44.77m. Supply currently stands at 156.12m circulating, 1b total supply, 1b maximum supply.
How has TREE performed recently?
TREE is up 12.5% over the past 7 days and down 9.6% over the past 30 days. Its all-time high is $1.36, reached on Jul 29, 2025. The token is currently 96.7% below that level.
How does Treehouse Protocol's TVL compare to similar protocols?
Among DOR protocols tracked by DefiLlama, Treehouse Protocol ranks #1 by TVL. The category holds $64.3m across 1 protocol, and Treehouse Protocol accounts for 100% of that total.
How many yield pools does Treehouse Protocol have?
DefiLlama tracks 2 Treehouse Protocol yield pools with an average APY of 0.3%.

