Ask about Akashi · freeProtocol Information
USDC vaults on Solana that spread deposits across lending and private-credit protocols. Senior deposits earn a lower rate with loss protection; Junior deposits earn more and absorb losses first.
Methodology
TVL: Token balances held by every Akashi vault: USDC in each vault's idle and payout accounts (payout holds funded withdrawals not yet claimed), plus the protocol tokens and USDC held by each leg's authority (e.g. OnRe ONyc, Hastra AUTO/PRIME, Huma PST, Kamino Earn shares and reserve cTokens, jlUSDC, syrupUSDC). Those positions are also counted by OnRe, Hastra, Huma, Kamino, Jupiter Lend and Maple, so the TVL is marked double counted. An async exit still pending at the protocol (e.g. a Huma redemption request) holds no token and is counted once it settles.View code on GitHubCompetitors
Akashi history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Oct 19, 2026 to Oct 28, 2026.
All-time high TVL: $6,192 on Oct 28, 2026. All-time low TVL: $16 on Oct 26, 2026.
Daily TVL, Oct 19, 2026 to Oct 28, 2026
| Date | TVL |
|---|---|
| Oct 19, 2026 | $1,168 |
| Oct 20, 2026 | $1,168 |
| Oct 21, 2026 | $1,168 |
| Oct 22, 2026 | $1,170 |
| Oct 23, 2026 | $1,169 |
| Oct 24, 2026 | $1,170 |
| Oct 25, 2026 | $1,170 |
| Oct 26, 2026 | $16 |
| Oct 27, 2026 | $0 |
| Oct 28, 2026 | $6,192 |
TVL at each month end, Oct 2026 to Oct 2026
| Date | TVL |
|---|---|
| Oct 28, 2026 (latest) | $6,192 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/akashi
Frequently asked questions
What is Akashi's TVL?
As of Oct 28, 2026, Akashi has $6,192 in total value locked.
What chains does Akashi operate on?
Akashi operates on Solana. Solana holds the largest share at 100%.
How does Akashi's TVL compare to similar protocols?
Among Yield protocols tracked by DefiLlama, Akashi ranks #298 by TVL. The category holds $4.618b across 571 protocols, and Akashi accounts for <0.1% of that total. Similar protocols include Sanctum Reserve, Exponent Yield Exchange, Exponent Risk Tranching, Quarry, Vectis Finance, Reflect Tranches, Sunny, RateX DEX, PiggyBank, and Exceed Finance.