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Logo of YalaYala(YALA)
Total Value Locked$1.92m

TVL by Chain

Bitcoin$1.92m

Ethereum$0.016

Key Metrics

Fees (Annualized)$3.07m
Fees 30d$8,183

Ethereum$8,183

Fees 7d$1,336

Ethereum$1,336

Fees 24h$0

Ethereum$0

Cumulative Fees$3.86m

Ethereum$3.86m

Revenue (Annualized)$620,034
Revenue 30d$8,183

Ethereum$8,183

Revenue 7d$1,336

Ethereum$1,336

Revenue 24h$0

Ethereum$0

Cumulative Revenue$779,113

Ethereum$779,113

Holders Revenue (30d Run Rate)$0
Holders Revenue 30d$0

Ethereum$0

Holders Revenue 7d$0

Ethereum$0

Holders Revenue 24h$0

Ethereum$0

Cumulative Holders Revenue$0

Ethereum$0

Total Raised$8m

Oct 10, 2024$8mRound: SeedInvestors: Polychain Capital, Ethereal Ventures, Anagram, Galaxy Digital, Amber Group, ABCDE, Ambush, Geek Cartel, SatoshiLab, HashKey Capital, L2 Iterative Ventures, UpHonest Capital, UTXO Management, 280 Capital

Protocol Information

Bring Bitcoin's liquidity across blockchains

Category:CDP

Audits:

WebsiteGitHubTwitter

Methodology

TVL: The Yala Protocol allows users to lock Bitcoin as collateral to mint YU stablecoins. TVL is calculated by tracking the total supply of YBTC tokens (0x27A70B9F8073efE5A02998D5Cc64aCdc9e0Ba589), which represents Bitcoin locked in the protocol. The borrowed/stablecoin metric tracks the total supply of YU tokens (0xE868084cf08F3c3db11f4B73a95473762d9463f7), which represents the USD-pegged stablecoins minted against the Bitcoin collateralView code on GitHubFees: Includes protocol fees from stability pool operations and YU token distributions on Ethereum. Fees consist of stability pool rewards and protocol fees collected by fee receivers in YU tokens.View code on GitHubRevenue: Revenue comes from YU token distributions to fee receiver addresses on Ethereum.View code on GitHubHolders Revenue: View code on GitHub

Competitors

BIMA CDP ($7.4m)BitStable Finance ($55,455)Sky Lending ($6.098b)USDD ($1.372b)Avalon USDa ($217.67m)Liquity V1 ($141.95m)Liquity V2 ($79.42m)Frankencoin ($69.95m)crvUSD ($66.82m)Reservoir Protocol ($33.22m)