Ask about Virtue · freeTotal Value Locked$252,087
TVL by Chain
IOTA$252,087
Key Metrics
Fees 30d$515.50
Fees 30d by chain
IOTA$515.50
Fees 7d$5.53
IOTA$5.53
Fees 24h$3.61
IOTA$3.61
Cumulative Fees$153,796
IOTA$153,796
Revenue 30d$515.50
Revenue 30d by chain
IOTA$515.50
Revenue 7d$5.53
IOTA$5.53
Revenue 24h$3.61
IOTA$3.61
Cumulative Revenue$153,796
IOTA$153,796
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: Interest paid by VUSD borrowers, the protocol's cut of collateral paid out in stability pool liquidations, flash loan fees and PSM swap fees, as collected into the VUSD treasury on-chain.View code on GitHubRevenue: All interest, liquidation, flash loan and PSM fees go to the Virtue treasury.View code on GitHubHacks
Date: Aug 28, 2026
Amount: $894,500
Classification: Oracle Manipulation
Technique: Oracle Misconfiguration
An attacker exploited Switchboard’s IOTA guardian-attestation design to replace the signing keys of all 14 production oracles and submit arbitrary IOTA prices. The attacker first inflated IOTA to $10M, allowing 4.94M unbacked VUSD to be minted against 1.027 IOTA, then crashed the reported price to trigger liquidations of healthy positions. By pre-positioning the freshly minted VUSD in Virtue’s Stability Pool, the attacker captured 16.72M IOTA-equivalent of collateral from the manipulated liquidations
Chains: Iota
Language: Move
Target Type: DeFi Protocol
Competitors
Virtue history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jul 18, 2025 to Nov 13, 2026.
All-time high TVL: $9.93m on Oct 7, 2025. All-time low TVL: $236,947 on Nov 12, 2026.
Daily TVL, Oct 15, 2026 to Nov 13, 2026
| Date | TVL |
|---|---|
| Oct 15, 2026 | $500,010 |
| Oct 16, 2026 | $507,695 |
| Oct 17, 2026 | $501,106 |
| Oct 18, 2026 | $488,129 |
| Oct 19, 2026 | $473,034 |
| Oct 20, 2026 | $450,397 |
| Oct 21, 2026 | $373,895 |
| Oct 22, 2026 | $382,150 |
| Oct 23, 2026 | $353,270 |
| Oct 24, 2026 | $353,751 |
| Oct 25, 2026 | $354,045 |
| Oct 26, 2026 | $345,054 |
| Oct 27, 2026 | $339,780 |
| Oct 28, 2026 | $337,648 |
| Oct 29, 2026 | $330,323 |
| Oct 30, 2026 | $284,435 |
| Oct 31, 2026 | $305,646 |
| Nov 1, 2026 | $303,934 |
| Nov 2, 2026 | $299,340 |
| Nov 3, 2026 | $271,164 |
| Nov 4, 2026 | $272,220 |
| Nov 5, 2026 | $278,426 |
| Nov 6, 2026 | $260,735 |
| Nov 7, 2026 | $259,041 |
| Nov 8, 2026 | $248,671 |
| Nov 9, 2026 | $238,406 |
| Nov 10, 2026 | $239,641 |
| Nov 11, 2026 | $241,125 |
| Nov 12, 2026 | $236,947 |
| Nov 13, 2026 | $252,008 |
TVL at each month end, Jul 2025 to Nov 2026
| Date | TVL |
|---|---|
| Jul 31, 2025 | $6.53m |
| Aug 31, 2025 | $7.92m |
| Sep 30, 2025 | $8.13m |
| Oct 31, 2025 | $7.5m |
| Nov 30, 2025 | $6.99m |
| Dec 31, 2025 | $5.07m |
| Jan 31, 2026 | $4.63m |
| Feb 28, 2026 | $4.36m |
| Mar 31, 2026 | $3.51m |
| Apr 30, 2026 | $3.58m |
| May 31, 2026 | $4.26m |
| Jun 30, 2026 | $0 |
| Jul 31, 2026 | $989,739 |
| Aug 31, 2026 | $411,171 |
| Sep 30, 2026 | $551,382 |
| Oct 31, 2026 | $305,646 |
| Nov 13, 2026 (latest) | $252,008 |
Fees and revenue by UTC calendar month, Nov 2025 to Nov 2026
| Month | Fees | Revenue |
|---|---|---|
| Nov 2025 | $6,880 | $6,880 |
| Dec 2025 | $14,670 | $14,670 |
| Jan 2026 | $16,009 | $16,009 |
| Feb 2026 | $19,874 | $19,874 |
| Mar 2026 | $21,616 | $21,616 |
| Apr 2026 | $18,448 | $18,448 |
| May 2026 | $20,231 | $20,231 |
| Jun 2026 | $18,417 | $18,417 |
| Jul 2026 | $8,640 | $8,640 |
| Aug 2026 | $8,496 | $8,496 |
| Sep 2026 | $0 | $0 |
| Oct 2026 | $432.89 | $432.89 |
| Nov 2026 (to date) | $86.22 | $86.22 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/virtue
Frequently asked questions
What is Virtue's TVL?
As of Nov 13, 2026, Virtue has $252,087 in total value locked. TVL has decreased 51.5% over the past 30 days.
How much has Virtue generated in fees and revenue?
Over the past 30 days, Virtue generated $515.50 in fees. Of that, $515.50 was protocol revenue. Based on the trailing year, the annualized rate is $152,662 in fees and $152,662 in revenue.
How does Virtue's TVL compare to similar protocols?
Among CDP protocols tracked by DefiLlama, Virtue ranks #63 by TVL. The category holds $5.622b across 198 protocols, and Virtue accounts for <0.1% of that total. Similar protocols include Sky Lending, USDD, Liquity V1, Reservoir Protocol, crvUSD, Liquity V2, Lista CDP, Frankencoin, Inverse Finance FiRM, and Bucket Protocol V2.
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.