Total Value Locked$42.94m
TVL by Chain
Ethereum$42.94m
Key Metrics
Fees 30d$3,190
Fees 30d by chain
Ethereum$3,190
Fees 7d$576
Ethereum$576
Fees 24h$0
Ethereum$0
Cumulative Fees$18,958
Ethereum$18,958
Revenue 30d$3,190
Revenue 30d by chain
Ethereum$3,190
Revenue 7d$576
Ethereum$576
Revenue 24h$0
Ethereum$0
Cumulative Revenue$17,971
Ethereum$17,971
Total Raised$4.75m
Nov 6, 2025$750,000Round: Angel RoundInvestors: Curved Ventures, Steakhouse Financial, Daedalus
Apr 23, 2026$4mRound: SeedInvestors: Maven 11, F-Prime Capital, GSR, Metalayer Ventures, Susquehanna, Gate Ventures, Pivot Global, Komorebi Collective, serotonin
Protocol Information
3F is a vault protocol built on Morpho that gives you leveraged exposure to tokenized RWAs.
Methodology
TVL: Value of assets locked inside all wrapper tokens.View code on GitHubFees: 3F charges two fees on its leveraged RWA positions. The performance fee is taken on the return of the leveraged collateral, after subtracting the cost of the borrowed debt. The management fee is taken on the full value of the RWA collateral, including the leveraged portion, rather than only the user's deposited capital. Fees are accrued and collected when positions are updated, so a single day can include fees that built up over the preceding days or weeks.View code on GitHubRevenue: Both the management and performance fees are paid to the protocol, so revenue equals the total fees collected.View code on GitHubYields
Pools Tracked12
Average Supply APY2.18%
Competitors
3F history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from May 11, 2026 to Oct 27, 2026.
All-time high TVL: $42.95m on Oct 24, 2026. All-time low TVL: $6.66m on May 14, 2026.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $40.29m |
| Sep 29, 2026 | $40.5m |
| Sep 30, 2026 | $40.5m |
| Oct 1, 2026 | $40.62m |
| Oct 2, 2026 | $39.85m |
| Oct 3, 2026 | $41.83m |
| Oct 4, 2026 | $41.83m |
| Oct 5, 2026 | $41.83m |
| Oct 6, 2026 | $40.13m |
| Oct 7, 2026 | $41.4m |
| Oct 8, 2026 | $41.4m |
| Oct 9, 2026 | $41.4m |
| Oct 10, 2026 | $41.4m |
| Oct 11, 2026 | $41.41m |
| Oct 12, 2026 | $41.41m |
| Oct 13, 2026 | $41.41m |
| Oct 14, 2026 | $41.61m |
| Oct 15, 2026 | $38m |
| Oct 16, 2026 | $38m |
| Oct 17, 2026 | $39.74m |
| Oct 18, 2026 | $39.74m |
| Oct 19, 2026 | $39.74m |
| Oct 20, 2026 | $42.39m |
| Oct 21, 2026 | $42.41m |
| Oct 22, 2026 | $42.31m |
| Oct 23, 2026 | $42.95m |
| Oct 24, 2026 | $42.95m |
| Oct 25, 2026 | $42.95m |
| Oct 26, 2026 | $42.95m |
| Oct 27, 2026 | $42.95m |
TVL at each month end, May 2026 to Oct 2026
| Date | TVL |
|---|---|
| May 31, 2026 | $8.58m |
| Jun 30, 2026 | $13.13m |
| Jul 31, 2026 | $26.29m |
| Aug 31, 2026 | $29.2m |
| Sep 30, 2026 | $40.5m |
| Oct 27, 2026 (latest) | $42.95m |
Fees and revenue by UTC calendar month, Apr 2026 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Apr 2026 | $67.11 | $67.11 |
| May 2026 | $424.36 | $424.36 |
| Jun 2026 | $1,770 | $782.78 |
| Jul 2026 | $5,825 | $5,825 |
| Aug 2026 | $2,396 | $2,396 |
| Sep 2026 | $5,729 | $5,729 |
| Oct 2026 (to date) | $2,746 | $2,746 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/3f
Frequently asked questions
What is 3F's TVL?
As of Oct 27, 2026, 3F has $42.94m in total value locked. TVL has increased 6.6% over the past 30 days.
How much has 3F generated in fees and revenue?
Over the past 30 days, 3F generated $3,190 in fees. Of that, $3,190 was protocol revenue. Based on the trailing year, the annualized rate is $37,003 in fees and $35,076 in revenue.
How does 3F's TVL compare to similar protocols?
Among Leveraged Farming protocols tracked by DefiLlama, 3F ranks #3 by TVL. The category holds $262.52m across 39 protocols, and 3F accounts for 16.4% of that total. Similar protocols include Yield Basis, Origami Finance, AirPuff, Loop, Arcadia V1, VII Finance, Zenith, Yieldoor, Archimedes Finance, and Marginal.
How many yield pools does 3F have?
DefiLlama tracks 12 3F yield pools with an average APY of 2.2%.

