Key Metrics
Fees 30d$210.33m
Fees 30d by chain
Off Chain$210.33m
Fees 7d$48.26m
Off Chain$48.26m
Fees 24h$6.82m
Off Chain$6.82m
Cumulative Fees$7.686b
Off Chain$7.675b
Ethereum$10.7m
Revenue 30d$210.33m
Revenue 30d by chain
Off Chain$210.33m
Revenue 7d$48.26m
Off Chain$48.26m
Revenue 24h$6.82m
Off Chain$6.82m
Cumulative Revenue$7.686b
Off Chain$7.675b
Ethereum$10.7m
Protocol Information
Circle helps businesses and developers harness the power of USDC for payments and commerce
Methodology
Fees: All yields from USDC backing cash-equivalent assets, and US Treasury Bills.View code on GitHubRevenue: All yields from USDC backing cash-equivalent assets, and US Treasury Bills collected by Circle.View code on GitHubCompetitors
Circle USDC history
Fees and revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Nov 2024 | $115.4m | $115.4m |
| Dec 2024 | $130.16m | $130.16m |
| Jan 2025 | $146.4m | $146.4m |
| Feb 2025 | $154.47m | $154.47m |
| Mar 2025 | $178.66m | $178.66m |
| Apr 2025 | $180.12m | $180.12m |
| May 2025 | $187.5m | $187.5m |
| Jun 2025 | $181.5m | $181.5m |
| Jul 2025 | $194.63m | $194.63m |
| Aug 2025 | $199.66m | $199.66m |
| Sep 2025 | $200.67m | $200.67m |
| Oct 2025 | $209.36m | $209.36m |
| Nov 2025 | $198.43m | $198.43m |
| Dec 2025 | $201.35m | $201.35m |
| Jan 2026 | $192.43m | $192.43m |
| Feb 2026 | $172.82m | $172.82m |
| Mar 2026 | $204.81m | $204.81m |
| Apr 2026 | $198.14m | $198.14m |
| May 2026 | $202.04m | $202.04m |
| Jun 2026 | $193.12m | $193.12m |
| Jul 2026 | $199.68m | $199.68m |
| Aug 2026 | $197.35m | $197.35m |
| Sep 2026 | $206.77m | $206.77m |
| Oct 2026 (to date) | $181.47m | $181.47m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/circle-usdc
Frequently asked questions
What chains does Circle USDC operate on?
Circle USDC operates on 2 chains: Ethereum and Off Chain.
How much has Circle USDC generated in fees and revenue?
Over the past 30 days, Circle USDC generated $210.33m in fees. Of that, $210.33m was protocol revenue. Based on the trailing year, the annualized rate is $2.382b in fees and $2.382b in revenue.
How does Circle USDC's TVL compare to similar protocols?
Among Stablecoin Issuer protocols tracked by DefiLlama, Circle USDC ranks #2 by TVL. The category holds $213.17m across 6 protocols, and Circle USDC accounts for 0% of that total. Similar protocols include M0, Tether, MetaMask USD, Paxos Stablecoin Issuer, and Ripple USD.