Protocol Information
USDF is a yield-bearing stablecoin issued by Aster, convertible with USDT at a 1:1 ratio. Underlying USDT funds are used to create and maintain delta neutral positions that back USDF and generate asUSDF yields
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubCompetitors
Aster USDF history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Nov 20, 2024 to Oct 27, 2026.
All-time high TVL: $370.48m on Oct 1, 2025. All-time low TVL: $1.99m on Nov 21, 2024.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $111.59m |
| Sep 29, 2026 | $111.23m |
| Sep 30, 2026 | $111.34m |
| Oct 1, 2026 | $111.26m |
| Oct 2, 2026 | $111.21m |
| Oct 3, 2026 | $111.13m |
| Oct 4, 2026 | $111.25m |
| Oct 5, 2026 | $111.21m |
| Oct 6, 2026 | $111.23m |
| Oct 7, 2026 | $111.27m |
| Oct 8, 2026 | $111.27m |
| Oct 9, 2026 | $111.22m |
| Oct 10, 2026 | $111.36m |
| Oct 11, 2026 | $111.53m |
| Oct 12, 2026 | $111.39m |
| Oct 13, 2026 | $111.3m |
| Oct 14, 2026 | $111.27m |
| Oct 15, 2026 | $110.99m |
| Oct 16, 2026 | $111.77m |
| Oct 17, 2026 | $111.39m |
| Oct 18, 2026 | $111.31m |
| Oct 19, 2026 | $111.23m |
| Oct 20, 2026 | $111.04m |
| Oct 21, 2026 | $111.3m |
| Oct 22, 2026 | $110.96m |
| Oct 23, 2026 | $111.23m |
| Oct 24, 2026 | $111.19m |
| Oct 25, 2026 | $111.33m |
| Oct 26, 2026 | $112.38m |
| Oct 27, 2026 | $112.15m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $10.88m |
| Dec 31, 2024 | $59.16m |
| Jan 31, 2025 | $78.03m |
| Feb 28, 2025 | $92.71m |
| Mar 31, 2025 | $132.12m |
| Apr 30, 2025 | $128.84m |
| May 31, 2025 | $132.65m |
| Jun 30, 2025 | $63.82m |
| Jul 31, 2025 | $49.86m |
| Aug 31, 2025 | $47.43m |
| Sep 30, 2025 | $360.23m |
| Oct 31, 2025 | $195.66m |
| Nov 30, 2025 | $163.76m |
| Dec 31, 2025 | $172.48m |
| Jan 31, 2026 | $171.01m |
| Feb 28, 2026 | $145.38m |
| Mar 31, 2026 | $122.13m |
| Apr 30, 2026 | $119.4m |
| May 31, 2026 | $116.51m |
| Jun 30, 2026 | $112.46m |
| Jul 31, 2026 | $112.03m |
| Aug 31, 2026 | $114.48m |
| Sep 30, 2026 | $111.34m |
| Oct 27, 2026 (latest) | $112.15m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/aster-usdf
Frequently asked questions
What is Aster USDF's TVL?
As of Oct 27, 2026, Aster USDF has $112.1m in total value locked. TVL has increased 0.3% over the past 30 days.
What chains does Aster USDF operate on?
Aster USDF operates on BSC. BSC holds the largest share at 100%.
How does Aster USDF's TVL compare to similar protocols?
Among Basis Trading protocols tracked by DefiLlama, Aster USDF ranks #6 by TVL. The category holds $7.561b across 41 protocols, and Aster USDF accounts for 1.5% of that total. Similar protocols include BitFi Basis, Solv Basis Trading, ZEROBASE CeDeFi, Unitas USDu, Bitway Earn, Aegis YUSD, BounceBit Prime, DeSyn Basis Trading, Ethena USDe, and Falcon Finance.