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Wasabi

Total Value Locked$587,081

TVL by Chain

Base$393,859

Solana$182,609

Blast$6,648

Ethereum$2,513

Berachain$1,452

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

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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

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Categories:DerivativesDexs
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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

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 Oct 21, 2026.

All-time high TVL: $153.07m on Nov 11, 2024. All-time low TVL: $116 on Apr 20, 2023.

Daily TVL, Sep 22, 2026 to Oct 21, 2026

DateTVL
Sep 22, 2026$712,775
Sep 23, 2026$717,943
Sep 24, 2026$685,324
Sep 25, 2026$696,396
Sep 26, 2026$726,651
Sep 27, 2026$770,976
Sep 28, 2026$768,672
Sep 29, 2026$744,104
Sep 30, 2026$728,341
Oct 1, 2026$730,947
Oct 2, 2026$716,579
Oct 3, 2026$683,963
Oct 4, 2026$652,446
Oct 5, 2026$681,588
Oct 6, 2026$702,829
Oct 7, 2026$684,773
Oct 8, 2026$651,908
Oct 9, 2026$627,453
Oct 10, 2026$636,761
Oct 11, 2026$630,420
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

TVL at each month end, Nov 2024 to Oct 2026

DateTVL
Nov 30, 2024$137.77m
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 21, 2026 (latest)$585,363

TVL at each year end, Dec 31, 2023 to Dec 31, 2025

DateTVL
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 Oct 21, 2026, Wasabi has $587,081 in total value locked. TVL has decreased 12.3% over the past 30 days.

What chains does Wasabi operate on?

Wasabi operates on 5 chains: Base, Solana, Blast, Ethereum, and Berachain. Base holds the largest share at 67.1%.

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.