Total Value Locked$27.84m
TVL by Chain
Sui$27.84m
Key Metrics
Fees 30d$11,736
Fees 30d by chain
Sui$11,736
Fees 7d$2,758
Sui$2,758
Fees 24h$320
Sui$320
Cumulative Fees$744,926
Sui$744,926
Revenue 30d$11,736
Revenue 30d by chain
Sui$11,736
Revenue 7d$2,758
Sui$2,758
Revenue 24h$320
Sui$320
Cumulative Revenue$744,926
Sui$744,926
Holders Revenue 30d$11,617
Holders Revenue 30d by chain
Sui$11,617
Holders Revenue 7d$2,730
Sui$2,730
Holders Revenue 24h$316
Sui$316
Cumulative Holders Revenue$59,598
Sui$59,598
Protocol Information
Bucket Protocol is the leading Collateralized Debt Position (CDP) protocol within the Sui ecosystem, supporting multiple assets for collateralization while extending stablecoin loans in $BUCK at a fixed low-cost. Its real-time liquidation mechanism ensures both security and capital efficiency, and the inbuilt flash loan services facilitate the price stability of the stablecoin BUCK.
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: All fees paid by users: borrow, PSM, liquidation, redeem, flash loan, and interestView code on GitHubRevenue: All fees collected; BSR yield is funded by BUCK minting (not fees) so there is no supply-side costView code on GitHubHolders Revenue: 99% of collected fees distributed to BKT stakers via the Well mechanismView code on GitHubCompetitors
Bucket Protocol V2 history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Sep 8, 2025 to Oct 27, 2026.
All-time high TVL: $36.58m on Oct 7, 2025. All-time low TVL: $199,911 on Sep 8, 2025.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $10.34m |
| Sep 29, 2026 | $9.56m |
| Sep 30, 2026 | $9.51m |
| Oct 1, 2026 | $9.72m |
| Oct 2, 2026 | $9.75m |
| Oct 3, 2026 | $9.56m |
| Oct 4, 2026 | $9.86m |
| Oct 5, 2026 | $10.04m |
| Oct 6, 2026 | $9.99m |
| Oct 7, 2026 | $9.79m |
| Oct 8, 2026 | $9.59m |
| Oct 9, 2026 | $9.05m |
| Oct 10, 2026 | $9.25m |
| Oct 11, 2026 | $9.49m |
| Oct 12, 2026 | $9.52m |
| Oct 13, 2026 | $8.95m |
| Oct 14, 2026 | $9.1m |
| Oct 15, 2026 | $8.87m |
| Oct 16, 2026 | $8.94m |
| Oct 17, 2026 | $8.86m |
| Oct 18, 2026 | $8.59m |
| Oct 19, 2026 | $8.73m |
| Oct 20, 2026 | $8.72m |
| Oct 21, 2026 | $8.92m |
| Oct 22, 2026 | $29.34m |
| Oct 23, 2026 | $28.31m |
| Oct 24, 2026 | $28.18m |
| Oct 25, 2026 | $27.99m |
| Oct 26, 2026 | $27.76m |
| Oct 27, 2026 | $27.68m |
TVL at each month end, Sep 2025 to Oct 2026
| Date | TVL |
|---|---|
| Sep 30, 2025 | $29.74m |
| Oct 31, 2025 | $24.49m |
| Nov 30, 2025 | $12.11m |
| Dec 31, 2025 | $16.31m |
| Jan 31, 2026 | $9.74m |
| Feb 28, 2026 | $11.45m |
| Mar 31, 2026 | $9.93m |
| Apr 30, 2026 | $8.8m |
| May 31, 2026 | $10.5m |
| Jun 30, 2026 | $7.77m |
| Jul 31, 2026 | $7.26m |
| Aug 31, 2026 | $7.36m |
| Sep 30, 2026 | $9.51m |
| Oct 27, 2026 (latest) | $27.68m |
Fees, revenue and holders revenue by UTC calendar month, Sep 2025 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Sep 2025 | $43,877 | $43,877 | - |
| Oct 2025 | $118,465 | $118,465 | - |
| Nov 2025 | $111,159 | $111,159 | - |
| Dec 2025 | $122,281 | $122,281 | - |
| Jan 2026 | $112,503 | $112,503 | - |
| Feb 2026 | $51,840 | $51,840 | - |
| Mar 2026 | $44,905 | $44,905 | - |
| Apr 2026 | $59,429 | $59,429 | - |
| May 2026 | $16,462 | $16,462 | - |
| Jun 2026 | $14,010 | $14,010 | $10,108 |
| Jul 2026 | $10,889 | $10,889 | $10,776 |
| Aug 2026 | $15,880 | $15,880 | $15,719 |
| Sep 2026 | $13,066 | $13,066 | $12,939 |
| Oct 2026 (to date) | $10,159 | $10,159 | $10,056 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/bucket-protocol-v2
Frequently asked questions
What is Bucket Protocol V2's TVL?
As of Oct 27, 2026, Bucket Protocol V2 has $27.84m in total value locked. TVL has increased 189% over the past 30 days.
What chains does Bucket Protocol V2 operate on?
Bucket Protocol V2 operates on Sui. Sui holds the largest share at 100%.
How much has Bucket Protocol V2 generated in fees and revenue?
Over the past 30 days, Bucket Protocol V2 generated $11,736 in fees. Of that, $11,736 was protocol revenue. Based on the trailing year, the annualized rate is $600,480 in fees and $600,480 in revenue.
How does Bucket Protocol V2's TVL compare to similar protocols?
Among CDP protocols tracked by DefiLlama, Bucket Protocol V2 ranks #10 by TVL. The category holds $7.33b across 200 protocols, and Bucket Protocol V2 accounts for 0.4% of that total. Similar protocols include Bucket CDP, Metastable, Weiss Finance, Sky Lending, USDD, Liquity V1, crvUSD, Liquity V2, Lista CDP, and Reservoir Protocol.