Ask about YalaKey Metrics
Fees (Annualized)$2.96m
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)$599,230
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:
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 GitHubCompetitors
Frequently Asked Questions
What is Yala?
Bring Bitcoin's liquidity across blockchains
What is Yala's TVL?
Yala currently has $1.87m in total value locked. TVL has increased 7.9% over the past 30 days.
What chains does Yala operate on?
Yala operates on 2 chains: Ethereum and Bitcoin. Bitcoin holds the largest share at 100%.
How much has Yala generated in fees and revenue?
Over the past 30 days, Yala generated $8,183 in fees. Of that, $8,183 was protocol revenue. Based on the trailing year, the annualized rate is $2.96m in fees and $599,230 in revenue.
How does Yala's TVL compare to similar protocols?
Among CDP protocols tracked by DefiLlama, Yala ranks #30 by TVL. The category holds $8.267b across 190 protocols, and Yala accounts for <0.1% of that total. Other leading protocols include Sky, USDD, and Lista DAO.
