Ask about Tulpea
Logo of TulpeaTulpea
Total Value Locked$4,651

TVL by Chain

MegaETH$4,651

Key Metrics

Total Raised$4.5m

May 24, 2025$4.5mRound:

Protocol Information

Tulpea is a decentralized credit infrastructure that enables onchain underwriting of real-world assets, allowing users to access structured debt and yield backed by cash-flowing assets like real estate. It replaces traditional banks by separating ownership and debt, using curated risk assessment and aligned incentives to offer transparent, overcollateralized, and amortizing lending opportunities

Category:Yield

Audits:

Methodology

TVL: Calls totalAssets() on the TulpeaYieldVault (ERC4626 + ERC-7540) on MegaETH, which sums idle USDT0 in the vault plus each registered strategy's (AvonStrategy, RealEstateStrategy) totalAssets(), tracked via totalDebt and updated on processReport().View code on GitHub

Competitors

Frequently Asked Questions

What is Tulpea?

Tulpea is a decentralized credit infrastructure that enables onchain underwriting of real-world assets, allowing users to access structured debt and yield backed by cash-flowing assets like real estate. It replaces traditional banks by separating ownership and debt, using curated risk assessment and aligned incentives to offer transparent, overcollateralized, and amortizing lending opportunities

What is Tulpea's TVL?

Tulpea currently has $4,651 in total value locked. TVL has decreased 55.3% over the past 30 days.

What chains does Tulpea operate on?

Tulpea operates on MegaETH. MegaETH holds the largest share at 100%.

How does Tulpea's TVL compare to similar protocols?

Among Yield protocols tracked by DefiLlama, Tulpea ranks #291 by TVL. The category holds $4.356b across 553 protocols, and Tulpea accounts for 0% of that total. Other leading protocols include Pendle, Spark, and Convex Finance.