Protocol Information
Yamato Protocol is a crypto-asset overcollateralized stable coin issuance protocol. V1 allows the issuance of CJPY (“Convertible JPY”, a Japanese Yen equivalent coin) using ETH as collateral
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubCompetitors
Yamato Protocol history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Aug 13, 2023 to Oct 26, 2026.
All-time high TVL: $4.06m on Aug 14, 2025. All-time low TVL: $344,290 on Aug 13, 2023.
Daily TVL, Sep 27, 2026 to Oct 26, 2026
| Date | TVL |
|---|---|
| Sep 27, 2026 | $1.82m |
| Sep 28, 2026 | $1.81m |
| Sep 29, 2026 | $1.81m |
| Sep 30, 2026 | $1.8m |
| Oct 1, 2026 | $1.81m |
| Oct 2, 2026 | $1.83m |
| Oct 3, 2026 | $1.81m |
| Oct 4, 2026 | $1.82m |
| Oct 5, 2026 | $1.84m |
| Oct 6, 2026 | $1.83m |
| Oct 7, 2026 | $1.81m |
| Oct 8, 2026 | $1.73m |
| Oct 9, 2026 | $1.67m |
| Oct 10, 2026 | $1.67m |
| Oct 11, 2026 | $1.68m |
| Oct 12, 2026 | $1.71m |
| Oct 13, 2026 | $1.63m |
| Oct 14, 2026 | $1.69m |
| Oct 15, 2026 | $1.63m |
| Oct 16, 2026 | $1.64m |
| Oct 17, 2026 | $1.63m |
| Oct 18, 2026 | $1.62m |
| Oct 19, 2026 | $1.62m |
| Oct 20, 2026 | $1.61m |
| Oct 21, 2026 | $1.65m |
| Oct 22, 2026 | $1.66m |
| Oct 23, 2026 | $1.6m |
| Oct 24, 2026 | $1.6m |
| Oct 25, 2026 | $1.58m |
| Oct 26, 2026 | $1.57m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $3.68m |
| Dec 31, 2024 | $3.41m |
| Jan 31, 2025 | $3.25m |
| Feb 28, 2025 | $2.23m |
| Mar 31, 2025 | $1.79m |
| Apr 30, 2025 | $1.8m |
| May 31, 2025 | $2.42m |
| Jun 30, 2025 | $2.39m |
| Jul 31, 2025 | $3.48m |
| Aug 31, 2025 | $3.69m |
| Sep 30, 2025 | $3.42m |
| Oct 31, 2025 | $2.96m |
| Nov 30, 2025 | $2.25m |
| Dec 31, 2025 | $2.13m |
| Jan 31, 2026 | $1.92m |
| Feb 28, 2026 | $1.4m |
| Mar 31, 2026 | $1.37m |
| Apr 30, 2026 | $1.53m |
| May 31, 2026 | $1.34m |
| Jun 30, 2026 | $1.08m |
| Jul 31, 2026 | $1.29m |
| Aug 31, 2026 | $1.64m |
| Sep 30, 2026 | $1.8m |
| Oct 26, 2026 (latest) | $1.57m |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $1.52m |
| Dec 31, 2024 | $3.41m |
| Dec 31, 2025 | $2.13m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/yamato-protocol
Frequently asked questions
What is Yamato Protocol's TVL?
As of Oct 26, 2026, Yamato Protocol has $1.56m in total value locked. TVL has decreased 13.8% over the past 30 days.
What chains does Yamato Protocol operate on?
Yamato Protocol operates on Ethereum. Ethereum holds the largest share at 100%.
How does Yamato Protocol's TVL compare to similar protocols?
Among CDP protocols tracked by DefiLlama, Yamato Protocol ranks #32 by TVL. The category holds $7.472b across 200 protocols, and Yamato Protocol accounts for <0.1% of that total. Similar protocols include Sky Lending, USDD, Liquity V1, crvUSD, Liquity V2, Reservoir Protocol, Frankencoin, Inverse Finance FiRM, BIMA CDP, and Inverse Finance Frontier.