Ask about Wasabi · freeTotal Value Locked$419,576
TVL by Chain
Base$273,696
Solana$142,267
Ethereum$2,069
Berachain$1,544
Blast$0
Key Metrics
DEX Volume 30d$0
DEX Volume 30d by chain
Base$0
DEX Volume 7d$0
Base$0
DEX Volume 24h$0
Base$0
Cumulative DEX Volume$277.93m
Base$277.93m
Total Raised$3m
Jun 17, 2024$3mRound: SeedInvestors: Electric Capital, AllianceDAO, Luca Netz, Santiago Roel Santos, Zagabond, DCF God, Memeland, Spencer Ventures, Zhouxun Yin, Cygaar, Bob Loukas
Protocol Information
Wasabi is a leverage trading protocol: Long, short, and earn on your favorite long tail assets such as memecoins and NFTs. Wasabi’s asset-backed perps keep the position value closely pegged to the underlying asset, reflecting the true price action on your PnL. It also generates additional downstream effects such as moving the spot price with leverage, listing pairs as soon as they launch, and generating low-risk yield opportunities through single sided staking
- Wasabi PerpsDerivatives
- Wasabi Prop AMMDexs
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
DEX Volume: Volume of all spot token swaps on the DEX
User Activity
Active Addresses (24h)0
New Addresses (24h)0
Transactions (24h)0
Gas Used (24h)0 ETH
Gas Cost (24h)$0
Hacks
Date: Apr 30, 2026
Protocol: Wasabi Perps
Amount: $5.5m
Classification: Key Compromise
Technique: Deployer Key Compromised
On April 30, 2026, Wasabi Protocol's deployer EOA was compromised, which held the sole ADMIN_ROLE without timelock or multisig protections. The attacker executed unauthorized UUPS proxy upgrades on vaults and pools across Ethereum, Base, Berachain, and Blast, sweeping approximately $5.5M in collateral and pool balances.
Chains: Ethereum, Base, Berachain, Blast
Language: Solidity
Target Type: DeFi Protocol
Wasabi history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Apr 20, 2023 to Nov 10, 2026.
All-time high TVL: $153.07m on Nov 11, 2024. All-time low TVL: $116 on Apr 20, 2023.
Daily TVL, Oct 12, 2026 to Nov 10, 2026
| Date | TVL |
|---|---|
| Oct 12, 2026 | $605,922 |
| Oct 13, 2026 | $564,436 |
| Oct 14, 2026 | $563,255 |
| Oct 15, 2026 | $546,504 |
| Oct 16, 2026 | $559,636 |
| Oct 17, 2026 | $579,126 |
| Oct 18, 2026 | $556,380 |
| Oct 19, 2026 | $568,262 |
| Oct 20, 2026 | $599,828 |
| Oct 21, 2026 | $585,363 |
| Oct 22, 2026 | $597,476 |
| Oct 23, 2026 | $570,460 |
| Oct 24, 2026 | $569,944 |
| Oct 25, 2026 | $546,642 |
| Oct 26, 2026 | $545,086 |
| Oct 27, 2026 | $506,789 |
| Oct 28, 2026 | $522,146 |
| Oct 29, 2026 | $508,979 |
| Oct 30, 2026 | $474,282 |
| Oct 31, 2026 | $503,200 |
| Nov 1, 2026 | $498,826 |
| Nov 2, 2026 | $493,290 |
| Nov 3, 2026 | $479,550 |
| Nov 4, 2026 | $472,366 |
| Nov 5, 2026 | $490,364 |
| Nov 6, 2026 | $446,530 |
| Nov 7, 2026 | $427,617 |
| Nov 8, 2026 | $438,213 |
| Nov 9, 2026 | $419,665 |
| Nov 10, 2026 | $433,850 |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $78.14m |
| Jan 31, 2025 | $37.42m |
| Feb 28, 2025 | $21.7m |
| Mar 31, 2025 | $17.65m |
| Apr 30, 2025 | $14.18m |
| May 31, 2025 | $20.97m |
| Jun 30, 2025 | $14.73m |
| Jul 31, 2025 | $23.78m |
| Aug 31, 2025 | $30.78m |
| Sep 30, 2025 | $27.01m |
| Oct 31, 2025 | $23.69m |
| Nov 30, 2025 | $23.43m |
| Dec 31, 2025 | $27.13m |
| Jan 31, 2026 | $24.12m |
| Feb 28, 2026 | $16.23m |
| Mar 31, 2026 | $11.09m |
| Apr 30, 2026 | $8.54m |
| May 31, 2026 | $1.32m |
| Jun 30, 2026 | $851,438 |
| Jul 31, 2026 | $682,338 |
| Aug 31, 2026 | $702,063 |
| Sep 30, 2026 | $728,341 |
| Oct 31, 2026 | $503,200 |
| Nov 10, 2026 (latest) | $433,850 |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $708,935 |
| Dec 31, 2024 | $78.14m |
| Dec 31, 2025 | $27.13m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/wasabi
Frequently asked questions
What is Wasabi's TVL?
As of Nov 10, 2026, Wasabi has $419,576 in total value locked. TVL has decreased 33.4% over the past 30 days.
What chains does Wasabi operate on?
Wasabi operates on 5 chains: Base, Solana, Ethereum, Berachain, and Blast. Base holds the largest share at 65.2%.
Which protocols are included in Wasabi?
Wasabi is a parent protocol whose tracked products include Wasabi Perps and Wasabi Prop AMM.
How much trading volume does Wasabi process?
Wasabi processed $0 in DEX volume over the past 30 days.
Has Wasabi ever been exploited?
Wasabi has 1 recorded security incident. The most recent incident occurred on Apr 30, 2026 and involved $5.5m. It was classified as Key Compromise.