Ask about Virtue

Logo of VirtueVirtue

Total Value Locked$560,465

TVL by Chain

IOTA$560,465

Key Metrics

Fees 30d$0
Fees 30d by chain

IOTA$0

Fees 7d$0

IOTA$0

Fees 24h$0

IOTA$0

Cumulative Fees$125,051

IOTA$125,051

Revenue 30d$0
Revenue 30d by chain

IOTA$0

Revenue 7d$0

IOTA$0

Revenue 24h$0

IOTA$0

Cumulative Revenue$125,051

IOTA$125,051

Protocol Information

The leading decentralized stablecoin protocol on IOTA

WebsiteX/Twitter
Category:CDP

Audits:

Methodology

TVL: Sums collateral (IOTA, stIOTA, iBTC, vIOTA) held in Virtue CDP vault objects. LST collateral is converted to IOTA using the on-chain staking exchange rate; iBTC is priced as BTC.View code on GitHubFees: All the services fees paid by users, including liquidation and collateral feesView code on GitHubRevenue: All the services fees paid by users, including liquidation and collateral fees earned by VirtueView code on GitHub

Hacks

Date: Aug 28, 2026

Amount: $894,500

Classification: Oracle Manipulation

Technique: Oracle Misconfiguration

Chains: Iota

Language: Move

Target Type: DeFi Protocol

Competitors

Sky Lending ($5.88b)USDD ($1.255b)Liquity V1 ($193.59m)crvUSD ($157.76m)Liquity V2 ($107.21m)Lista CDP ($87.99m)Reservoir Protocol ($71.64m)Frankencoin ($63.92m)Inverse Finance FiRM ($33.29m)Felix CDP ($30.96m)

Frequently Asked Questions

What is Virtue's TVL?

Virtue currently has $560,465 in total value locked. TVL has increased 37.7% over the past 30 days.

What chains does Virtue operate on?

Virtue operates on IOTA. IOTA holds the largest share at 100%.

How much has Virtue generated in fees and revenue?

Over the past 30 days, Virtue generated $0 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $179,699 in fees and $179,699 in revenue.

How does Virtue's TVL compare to similar protocols?

Among CDP protocols tracked by DefiLlama, Virtue ranks #49 by TVL. The category holds $8.104b across 199 protocols, and Virtue accounts for <0.1% of that total. Other leading protocols include Sky Lending, USDD, Liquity V1, crvUSD, Liquity V2, Lista CDP, Reservoir Protocol, Frankencoin, Inverse Finance FiRM, and Felix CDP.

Has Virtue ever been exploited?

Virtue has 1 recorded security incident. The most recent incident occurred on Aug 28, 2026 and involved $894,500. It was classified as Oracle Manipulation.