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
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 GitHubCompetitors
Tulpea history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Apr 17, 2026 to Nov 4, 2026.
All-time high TVL: $206,418 on May 5, 2026. All-time low TVL: $4,526 on Aug 31, 2026.
Daily TVL, Oct 6, 2026 to Nov 4, 2026
| Date | TVL |
|---|---|
| Oct 6, 2026 | $0 |
| Oct 7, 2026 | $0 |
| Oct 8, 2026 | $0 |
| Oct 9, 2026 | $0 |
| Oct 10, 2026 | $0 |
| Oct 11, 2026 | $0 |
| Oct 12, 2026 | $0 |
| Oct 13, 2026 | $0 |
| Oct 14, 2026 | $0 |
| Oct 15, 2026 | $0 |
| Oct 16, 2026 | $0 |
| Oct 17, 2026 | $0 |
| Oct 18, 2026 | $0 |
| Oct 19, 2026 | $0 |
| Oct 20, 2026 | $0 |
| Oct 21, 2026 | $0 |
| Oct 22, 2026 | $0 |
| Oct 23, 2026 | $0 |
| Oct 24, 2026 | $0 |
| Oct 25, 2026 | $0 |
| Oct 26, 2026 | $0 |
| Oct 27, 2026 | $0 |
| Oct 28, 2026 | $0 |
| Oct 29, 2026 | $0 |
| Oct 30, 2026 | $0 |
| Oct 31, 2026 | $0 |
| Nov 1, 2026 | $0 |
| Nov 2, 2026 | $0 |
| Nov 3, 2026 | $0 |
| Nov 4, 2026 | $0 |
TVL at each month end, Apr 2026 to Nov 2026
| Date | TVL |
|---|---|
| Apr 30, 2026 | $203,274 |
| May 31, 2026 | $18,942 |
| Jun 30, 2026 | $10,247 |
| Jul 31, 2026 | $4,648 |
| Aug 31, 2026 | $4,526 |
| Sep 30, 2026 | $0 |
| Oct 31, 2026 | $0 |
| Nov 4, 2026 (latest) | $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/tulpea
Frequently asked questions
What is Tulpea's TVL?
As of Nov 4, 2026, Tulpea has $0 in total value locked.
What chains does Tulpea operate on?
Tulpea operates on MegaETH.
How does Tulpea's TVL compare to similar protocols?
Among Yield protocols tracked by DefiLlama, Tulpea ranks #560 by TVL. The category holds $4.197b across 575 protocols, and Tulpea accounts for 0% of that total. Similar protocols include Avon MegaVault, Harbor, Spark Savings, Pendle V2, Convex Finance, Avalon Superearn, Stake DAO Yield, Lorenzo sUSD1+, Concentrator, and infiniFi.