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 GitHubCompetitors
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.