Protocol Information
BiShares provides safe crypto diversification through decentralized Exchange Traded Funds (dETFs) on multiple chains. Bison is BiShares governance token and is used to vote for all the proposals related to the protocol
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubCompetitors
BiShares history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Oct 29, 2021 to Oct 27, 2026.
All-time high TVL: $11.62m on Aug 18, 2025. All-time low TVL: $34 on Sep 14, 2026.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $108 |
| Sep 29, 2026 | $108 |
| Sep 30, 2026 | $108 |
| Oct 1, 2026 | $109 |
| Oct 2, 2026 | $116 |
| Oct 3, 2026 | $117 |
| Oct 4, 2026 | $173 |
| Oct 5, 2026 | $174 |
| Oct 6, 2026 | $176 |
| Oct 7, 2026 | $171 |
| Oct 8, 2026 | $169 |
| Oct 9, 2026 | $165 |
| Oct 10, 2026 | $171 |
| Oct 11, 2026 | $170 |
| Oct 12, 2026 | $182 |
| Oct 13, 2026 | $173 |
| Oct 14, 2026 | $178 |
| Oct 15, 2026 | $172 |
| Oct 16, 2026 | $176 |
| Oct 17, 2026 | $172 |
| Oct 18, 2026 | $172 |
| Oct 19, 2026 | $172 |
| Oct 20, 2026 | $175 |
| Oct 21, 2026 | $176 |
| Oct 22, 2026 | $176 |
| Oct 23, 2026 | $169 |
| Oct 24, 2026 | $169 |
| Oct 25, 2026 | $166 |
| Oct 26, 2026 | $164 |
| Oct 27, 2026 | $98 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $22,949 |
| Dec 31, 2024 | $19,107 |
| Jan 31, 2025 | $17,389 |
| Feb 28, 2025 | $14,861 |
| Mar 31, 2025 | $11,395 |
| Apr 30, 2025 | $11,970 |
| May 31, 2025 | $11,806 |
| Jun 30, 2025 | $11,592 |
| Jul 31, 2025 | $14,883 |
| Aug 31, 2025 | $8.6m |
| Sep 30, 2025 | $14,453 |
| Oct 31, 2025 | $10,001 |
| Nov 30, 2025 | $9,326 |
| Dec 31, 2025 | $8,086 |
| Jan 31, 2026 | $7,643 |
| Feb 28, 2026 | $5,927 |
| Mar 31, 2026 | $5,644 |
| Apr 30, 2026 | $5,646 |
| May 31, 2026 | $5,468 |
| Jun 30, 2026 | $4,344 |
| Jul 31, 2026 | $4,465 |
| Aug 31, 2026 | $5,172 |
| Sep 30, 2026 | $108 |
| Oct 27, 2026 (latest) | $98 |
TVL at each year end, Dec 31, 2021 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2021 | $4.31m |
| Dec 31, 2022 | $24,222 |
| Dec 31, 2023 | $26,594 |
| Dec 31, 2024 | $19,107 |
| Dec 31, 2025 | $8,086 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/bishares
Frequently asked questions
What is BiShares' TVL?
As of Oct 27, 2026, BiShares has $97.89 in total value locked. TVL has decreased 11% over the past 30 days.
What chains does BiShares operate on?
BiShares operates on 2 chains: BSC and Fantom. BSC holds the largest share at 63%.
How does BiShares' TVL compare to similar protocols?
Among Indexes protocols tracked by DefiLlama, BiShares ranks #55 by TVL. The category holds $298.8m across 75 protocols, and BiShares accounts for <0.1% of that total. Similar protocols include SoSoValue Indexes, Reserve Protocol, Velvet V2, Nested, xWin Finance, PowerPool, Cook Finance, Velvet V1, StakeStone SBTC, and DeHive.