Algofi Lend
Total Value Locked$670,091
TVL by Chain
Algorand$670,091
The chart plots Staking as its own series; it is not part of the TVL above.
Key Metrics
Staked$3,303
Active Loans$375.60
Total Raised$2.8m
Nov 30, 2021$2.8mRound: SeedInvestors: Arrington XRP Capital, USV, Pillar VC, Y Combinator, Formulate Ventures, Shine VC
Protocol Information
Decentralized lending protocol and stablecoin built on Algorand
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubCompetitors
Algofi Lend history
TVL is the default DefiLlama definition, which excludes Active Loans and Staking. Daily values are UTC snapshots from Dec 17, 2021 to Oct 28, 2026.
All-time high TVL: $132.57m on Feb 21, 2023. All-time low TVL: $574,321 on Jul 1, 2026.
Daily TVL, Sep 29, 2026 to Oct 28, 2026
| Date | TVL |
|---|---|
| Sep 29, 2026 | $765,730 |
| Sep 30, 2026 | $746,985 |
| Oct 1, 2026 | $745,332 |
| Oct 2, 2026 | $743,873 |
| Oct 3, 2026 | $751,524 |
| Oct 4, 2026 | $760,022 |
| Oct 5, 2026 | $766,438 |
| Oct 6, 2026 | $755,119 |
| Oct 7, 2026 | $745,281 |
| Oct 8, 2026 | $727,678 |
| Oct 9, 2026 | $716,510 |
| Oct 10, 2026 | $714,146 |
| Oct 11, 2026 | $721,719 |
| Oct 12, 2026 | $740,027 |
| Oct 13, 2026 | $716,860 |
| Oct 14, 2026 | $723,968 |
| Oct 15, 2026 | $710,293 |
| Oct 16, 2026 | $719,302 |
| Oct 17, 2026 | $710,181 |
| Oct 18, 2026 | $701,397 |
| Oct 19, 2026 | $701,143 |
| Oct 20, 2026 | $696,147 |
| Oct 21, 2026 | $708,758 |
| Oct 22, 2026 | $699,474 |
| Oct 23, 2026 | $679,330 |
| Oct 24, 2026 | $674,927 |
| Oct 25, 2026 | $672,335 |
| Oct 26, 2026 | $671,890 |
| Oct 27, 2026 | $672,772 |
| Oct 28, 2026 | $670,091 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $3.81m |
| Dec 31, 2024 | $1.23m |
| Jan 31, 2025 | $1.35m |
| Feb 28, 2025 | $969,396 |
| Mar 31, 2025 | $822,281 |
| Apr 30, 2025 | $933,473 |
| May 31, 2025 | $896,233 |
| Jun 30, 2025 | $890,458 |
| Jul 31, 2025 | $1.11m |
| Aug 31, 2025 | $1.09m |
| Sep 30, 2025 | $1.03m |
| Oct 31, 2025 | $935,393 |
| Nov 30, 2025 | $802,386 |
| Dec 31, 2025 | $745,737 |
| Jan 31, 2026 | $721,688 |
| Feb 28, 2026 | $610,327 |
| Mar 31, 2026 | $605,991 |
| Apr 30, 2026 | $690,084 |
| May 31, 2026 | $699,312 |
| Jun 30, 2026 | $582,089 |
| Jul 31, 2026 | $595,286 |
| Aug 31, 2026 | $647,070 |
| Sep 30, 2026 | $746,985 |
| Oct 28, 2026 (latest) | $670,091 |
TVL at each year end, Dec 31, 2021 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2021 | $23.11m |
| Dec 31, 2022 | $53.54m |
| Dec 31, 2023 | $2.41m |
| Dec 31, 2024 | $1.23m |
| Dec 31, 2025 | $745,737 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/algofi-lend
Frequently asked questions
What is Algofi Lend's TVL?
As of Oct 28, 2026, Algofi Lend has $670,091 in total value locked. TVL has decreased 8.8% over the past 30 days.
What chains does Algofi Lend operate on?
Algofi Lend operates on Algorand. Algorand holds the largest share at 100%.
How does Algofi Lend's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Algofi Lend ranks #144 by TVL. The category holds $52.357b across 518 protocols, and Algofi Lend accounts for <0.1% of that total. Similar protocols include Folks Finance Lending, DorkFi, Ultraswap, Aave V3, Morpho Blue, SparkLend, JustLend V1, Maple, Hyperliquid Earn, and Compound V3.
How much has been borrowed through Algofi Lend?
As of Oct 28, 2026, Algofi Lend has $375.60 in active loans.