Total Value Locked$44,712
TVL by Chain
Ethereum$29,205
Arbitrum$7,427
Base$4,452
OP Mainnet$2,374
Polygon$1,060
Avalanche$111.06
Hemi$51.10
Filecoin$29.98
BSC$1.04
Gnosis$0.99
Blast$0.31
Linea$0
Mode$0
Rari$0
Key Metrics
Fees 30d$108.85
Fees 30d by chain
Base$95.97
Ethereum$10.46
Hemi$1.95
Polygon$0.44
Arbitrum$0.03
Avalanche$0
Blast$0
BSC$0
Filecoin$0
Gnosis$0
Linea$0
Mode$0
OP Mainnet$0
Fees 7d$87.48
Base$84.01
Ethereum$3.46
Polygon$0.01
Arbitrum$0
Avalanche$0
Blast$0
BSC$0
Filecoin$0
Gnosis$0
Hemi$0
Linea$0
Mode$0
OP Mainnet$0
Fees 24h$0.01
Base$0.01
Arbitrum$0
Avalanche$0
Blast$0
BSC$0
Ethereum$0
Filecoin$0
Gnosis$0
Hemi$0
Linea$0
Mode$0
OP Mainnet$0
Polygon$0
Cumulative Fees$27,411
Ethereum$26,255
Base$762.80
OP Mainnet$265.95
Arbitrum$76.29
Rari$25.67
Polygon$12.47
Hemi$10.65
Avalanche$2.12
Blast$0
BSC$0
Filecoin$0
Gnosis$0
Linea$0
Mode$0
Revenue 30d$104.09
Revenue 30d by chain
Base$95.85
Ethereum$8.09
Hemi$0.13
Polygon$0.01
Arbitrum$0
Avalanche$0
Blast$0
BSC$0
Filecoin$0
Gnosis$0
Linea$0
Mode$0
OP Mainnet$0
Revenue 7d$85.39
Base$84
Ethereum$1.38
Polygon$0.01
Arbitrum$0
Avalanche$0
Blast$0
BSC$0
Filecoin$0
Gnosis$0
Hemi$0
Linea$0
Mode$0
OP Mainnet$0
Revenue 24h$0
Arbitrum$0
Avalanche$0
Base$0
Blast$0
BSC$0
Ethereum$0
Filecoin$0
Gnosis$0
Hemi$0
Linea$0
Mode$0
OP Mainnet$0
Polygon$0
Cumulative Revenue$9,170
Ethereum$8,873
Base$226.96
OP Mainnet$59.64
Arbitrum$8.04
Rari$1.55
Avalanche$0.36
Hemi$0.19
Polygon$0.04
Blast$0
BSC$0
Filecoin$0
Gnosis$0
Linea$0
Mode$0
Holders Revenue 30d$0
Holders Revenue 30d by chain
Arbitrum$0
Avalanche$0
Base$0
Blast$0
BSC$0
Ethereum$0
Filecoin$0
Gnosis$0
Hemi$0
Linea$0
Mode$0
OP Mainnet$0
Polygon$0
Holders Revenue 7d$0
Arbitrum$0
Avalanche$0
Base$0
Blast$0
BSC$0
Ethereum$0
Filecoin$0
Gnosis$0
Hemi$0
Linea$0
Mode$0
OP Mainnet$0
Polygon$0
Holders Revenue 24h$0
Arbitrum$0
Avalanche$0
Base$0
Blast$0
BSC$0
Ethereum$0
Filecoin$0
Gnosis$0
Hemi$0
Linea$0
Mode$0
OP Mainnet$0
Polygon$0
Cumulative Holders Revenue$410.57
Ethereum$402.95
Base$7.24
OP Mainnet$0.38
Arbitrum$0
Avalanche$0
Blast$0
BSC$0
Filecoin$0
Gnosis$0
Hemi$0
Linea$0
Mode$0
Polygon$0
Rari$0
Active Loans$4,654
Protocol Information
Ajna is a peer to peer, oracleless, permissionless lending protocol with no governance, accepting both fungible and non fungible tokens as collateral
Audits:
Methodology
TVL: We are not tracking this tokens: bfBTC and msBTCView code on GitHubFees: Total interest paid by borrowers: ~85-90% to lenders and ~10-15% to protocol reservesView code on GitHubRevenue: ~10-15% of borrower interest accumulated in pool reserves, held by the protocol pending reserve auctionsView code on GitHubHolders Revenue: Accumulated reserves auctioned periodically to buy back and burn AJNA tokensView code on GitHubHacks
Date: Aug 28, 2026
Amount: $775,400
Classification: Protocol Logic
Technique: Liquidation Logic Flaw
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Competitors
Ajna V2 history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from Jan 12, 2024 to Oct 27, 2026.
All-time high TVL: $30.33m on Mar 14, 2024. All-time low TVL: $44,588 on Oct 27, 2026.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $51,322 |
| Sep 29, 2026 | $53,976 |
| Sep 30, 2026 | $50,670 |
| Oct 1, 2026 | $50,001 |
| Oct 2, 2026 | $50,233 |
| Oct 3, 2026 | $53,349 |
| Oct 4, 2026 | $53,581 |
| Oct 5, 2026 | $50,134 |
| Oct 6, 2026 | $48,206 |
| Oct 7, 2026 | $48,446 |
| Oct 8, 2026 | $48,143 |
| Oct 9, 2026 | $47,980 |
| Oct 10, 2026 | $48,194 |
| Oct 11, 2026 | $47,661 |
| Oct 12, 2026 | $47,802 |
| Oct 13, 2026 | $46,954 |
| Oct 14, 2026 | $46,412 |
| Oct 15, 2026 | $49,507 |
| Oct 16, 2026 | $47,018 |
| Oct 17, 2026 | $46,328 |
| Oct 18, 2026 | $45,851 |
| Oct 19, 2026 | $46,431 |
| Oct 20, 2026 | $46,471 |
| Oct 21, 2026 | $47,631 |
| Oct 22, 2026 | $47,714 |
| Oct 23, 2026 | $46,844 |
| Oct 24, 2026 | $44,853 |
| Oct 25, 2026 | $44,785 |
| Oct 26, 2026 | $44,659 |
| Oct 27, 2026 | $44,588 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $3.42m |
| Dec 31, 2024 | $3.23m |
| Jan 31, 2025 | $3.11m |
| Feb 28, 2025 | $2.41m |
| Mar 31, 2025 | $2.02m |
| Apr 28, 2025 | $2.17m |
| May 31, 2025 | $1.02m |
| Jun 30, 2025 | $1.03m |
| Jul 31, 2025 | $966,300 |
| Aug 31, 2025 | $987,152 |
| Sep 30, 2025 | $1.05m |
| Oct 31, 2025 | $1m |
| Nov 30, 2025 | $815,555 |
| Dec 31, 2025 | $765,879 |
| Jan 31, 2026 | $670,927 |
| Feb 28, 2026 | $562,553 |
| Mar 31, 2026 | $571,621 |
| Apr 30, 2026 | $580,683 |
| May 31, 2026 | $566,149 |
| Jun 30, 2026 | $440,920 |
| Jul 9, 2026 | $449,776 |
| Aug 31, 2026 | $210,620 |
| Sep 30, 2026 | $50,670 |
| Oct 27, 2026 (latest) | $44,588 |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $3.23m |
| Dec 31, 2025 | $765,879 |
Fees, revenue and holders revenue by UTC calendar month, Mar 2025 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Mar 2025 | $1,519 | $0 | $0 |
| Apr 2025 | $1,586 | $0 | $0 |
| May 2025 | $1,645 | $1 | $1 |
| Jun 2025 | $3,141 | $1 | $1 |
| Jul 2025 | $2,789 | $0 | $0 |
| Aug 2025 | $688.54 | $31.14 | $14 |
| Sep 2025 | $833.45 | $26.11 | $0 |
| Oct 2025 | $1,529 | $62.03 | $0 |
| Nov 2025 | $1,651 | $570.60 | $0.38 |
| Dec 2025 | $1,097 | $38.49 | $16.65 |
| Jan 2026 | $2,079 | $102.61 | $0 |
| Feb 2026 | $96 | $25.89 | $6.02 |
| Mar 2026 | $223.16 | $35.41 | $19.71 |
| Apr 2026 | $54.10 | $12.27 | $109.13 |
| May 2026 | $51.81 | $4.09 | $0 |
| Jun 2026 | $51.02 | $11.03 | $0.08 |
| Jul 2026 | $2.67 | $0.38 | $0 |
| Aug 2026 | $7,912 | $7,795 | $194 |
| Sep 2026 | $355.13 | $348.50 | $48.60 |
| Oct 2026 (to date) | $106.67 | $103.92 | $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/ajna-v2
Frequently asked questions
What is Ajna V2's TVL?
As of Oct 27, 2026, Ajna V2 has $44,712 in total value locked. TVL has decreased 17.3% over the past 30 days.
What chains does Ajna V2 operate on?
Ajna V2 operates on 14 chains: Ethereum, Arbitrum, Base, OP Mainnet, and Polygon and 9 others. Ethereum holds the largest share at 65.3%.
How much has Ajna V2 generated in fees and revenue?
Over the past 30 days, Ajna V2 generated $108.85 in fees. Of that, $104.09 was protocol revenue. Based on the trailing year, the annualized rate is $13,719 in fees and $9,059 in revenue.
How does Ajna V2's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Ajna V2 ranks #253 by TVL. The category holds $52.481b across 518 protocols, and Ajna V2 accounts for <0.1% of that total. Similar protocols include Morpho Blue, Aave V3, Impermax V2, Tarot, PWN, OmniBTC, Prime Protocol, Compound V3, Euler V2, and Unitus.
How much has been borrowed through Ajna V2?
As of Oct 27, 2026, Ajna V2 has $4,654 in active loans.
Has Ajna V2 ever been exploited?
Ajna V2 has 1 recorded security incident. The most recent incident occurred on Aug 28, 2026 and involved $775,400. It was classified as Protocol Logic.

