Y2K V1(Y2K)
Total Value Locked$35,993
TVL by Chain
Arbitrum$35,993
Key Metrics
Fees 30d$0
Fees 30d by chain
Arbitrum$0
Fees 7d$0
Arbitrum$0
Fees 24h$0
Arbitrum$0
Cumulative Fees$595,875
Arbitrum$595,875
Revenue 30d$0
Revenue 30d by chain
Arbitrum$0
Revenue 7d$0
Arbitrum$0
Revenue 24h$0
Arbitrum$0
Cumulative Revenue$595,875
Arbitrum$595,875
Perp Volume 30d$0
Perp Volume 30d by chain
Arbitrum$0
Perp Volume 7d$0
Arbitrum$0
Perp Volume 24h$0
Arbitrum$0
Cumulative Perp Volume$106.57m
Arbitrum$106.57m
Protocol Information
Y2K Finance is a suite of structured products designed for exotic peg derivatives, that will allow market participants the ability to robustly hedge or speculate on the risk of a particular pegged asset (or basket of pegged assets), deviating from their ‘fair implied market value’.
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: 5% of Hedge Vault deposits, 5% of Risk Vault deposits upon a depeg event and withdraw feesView code on GitHubRevenue: 5% of Hedge Vault deposits, 5% of Risk Vault deposits upon a depeg event and withdraw feesView code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubCompetitors
Y2K V1 history
TVL is the default DefiLlama definition, which excludes Pool2. Daily values are UTC snapshots from Oct 31, 2022 to Nov 9, 2026.
All-time high TVL: $13.8m on Dec 5, 2022. All-time low TVL: $115 on Oct 31, 2022.
Daily TVL, Oct 11, 2026 to Nov 9, 2026
| Date | TVL |
|---|---|
| Oct 11, 2026 | $42,492 |
| Oct 12, 2026 | $42,929 |
| Oct 13, 2026 | $41,998 |
| Oct 14, 2026 | $42,421 |
| Oct 15, 2026 | $40,931 |
| Oct 16, 2026 | $41,272 |
| Oct 17, 2026 | $41,093 |
| Oct 18, 2026 | $40,771 |
| Oct 19, 2026 | $41,031 |
| Oct 20, 2026 | $40,569 |
| Oct 21, 2026 | $41,419 |
| Oct 22, 2026 | $41,357 |
| Oct 23, 2026 | $40,468 |
| Oct 24, 2026 | $40,317 |
| Oct 25, 2026 | $40,079 |
| Oct 26, 2026 | $39,330 |
| Oct 27, 2026 | $39,240 |
| Oct 28, 2026 | $39,839 |
| Oct 29, 2026 | $39,865 |
| Oct 30, 2026 | $37,673 |
| Oct 31, 2026 | $37,974 |
| Nov 1, 2026 | $38,436 |
| Nov 2, 2026 | $38,469 |
| Nov 3, 2026 | $38,115 |
| Nov 4, 2026 | $38,324 |
| Nov 5, 2026 | $41,069 |
| Nov 6, 2026 | $37,884 |
| Nov 7, 2026 | $37,945 |
| Nov 8, 2026 | $37,820 |
| Nov 9, 2026 | $36,299 |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $56,906 |
| Jan 31, 2025 | $55,176 |
| Feb 28, 2025 | $38,994 |
| Mar 31, 2025 | $30,656 |
| Apr 30, 2025 | $30,506 |
| May 31, 2025 | $42,899 |
| Jun 30, 2025 | $42,459 |
| Jul 31, 2025 | $65,327 |
| Aug 31, 2025 | $75,832 |
| Sep 30, 2025 | $71,326 |
| Oct 31, 2025 | $64,763 |
| Nov 30, 2025 | $50,942 |
| Dec 31, 2025 | $50,494 |
| Jan 31, 2026 | $45,606 |
| Feb 28, 2026 | $32,648 |
| Mar 31, 2026 | $35,179 |
| Apr 30, 2026 | $38,375 |
| May 31, 2026 | $34,346 |
| Jun 30, 2026 | $26,985 |
| Jul 31, 2026 | $32,312 |
| Aug 31, 2026 | $40,992 |
| Sep 30, 2026 | $45,258 |
| Oct 31, 2026 | $37,974 |
| Nov 9, 2026 (latest) | $36,299 |
TVL at each year end, Dec 31, 2022 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2022 | $5.22m |
| Dec 31, 2023 | $42,262 |
| Dec 31, 2024 | $56,906 |
| Dec 31, 2025 | $50,494 |
Fees and revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue |
|---|---|---|
| Dec 2024 | $0 | $0 |
| Jan 2025 | $0 | $0 |
| Feb 2025 | $0 | $0 |
| Mar 2025 | $0 | $0 |
| Apr 2025 | $0 | $0 |
| May 2025 | $0 | $0 |
| Jun 2025 | $0 | $0 |
| Jul 2025 | $0 | $0 |
| Aug 2025 | $0 | $0 |
| Sep 2025 | $0 | $0 |
| Oct 2025 | $0 | $0 |
| Nov 2025 | $0 | $0 |
| Dec 2025 | $0 | $0 |
| Jan 2026 | $0 | $0 |
| Feb 2026 | $0 | $0 |
| Mar 2026 | $0 | $0 |
| Apr 2026 | $0 | $0 |
| May 2026 | $0 | $0 |
| Jun 2026 | $0 | $0 |
| Jul 2026 | $0 | $0 |
| Aug 2026 | $0.01 | $0.01 |
| Sep 2026 | $0 | $0 |
| Oct 2026 | $0 | $0 |
| Nov 2026 (to date) | $0 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/y2k-v1
Frequently asked questions
What is Y2K V1's TVL?
As of Nov 9, 2026, Y2K V1 has $35,993 in total value locked. TVL has decreased 14.5% over the past 30 days.
What chains does Y2K V1 operate on?
Y2K V1 operates on Arbitrum. Arbitrum holds the largest share at 100%.
How much has Y2K V1 generated in fees and revenue?
Over the past 30 days, Y2K V1 generated $0 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $0.01 in fees and $0.01 in revenue.
How does Y2K V1's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Y2K V1 ranks #123 by TVL. The category holds $1.824b across 421 protocols, and Y2K V1 accounts for <0.1% of that total. Similar protocols include GMX EVM, AZverse Perps, Apex Omni, Aevo Perps, MUX Perps, Antarctic, Gains Network, Contango V2, Evedex, and AlphaX.
How much perpetual futures volume does Y2K V1 process?
Y2K V1 processed $0 in perpetual futures volume over the past 30 days.