Protocol Information
Cyclo enables users to access leverage by locking collateral and minting tradable tokens, without relying on lending pools, interest rates, or liquidation risks
Audits:
Methodology
TVL: Total value locked in Cyclo vaults.View code on GitHubCompetitors
Cyclo history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Dec 10, 2024 to Oct 27, 2026.
All-time high TVL: $1.06m on Sep 25, 2025. All-time low TVL: $29 on Dec 10, 2024.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $194,040 |
| Sep 29, 2026 | $189,257 |
| Sep 30, 2026 | $198,634 |
| Oct 1, 2026 | $196,232 |
| Oct 2, 2026 | $192,788 |
| Oct 3, 2026 | $188,502 |
| Oct 4, 2026 | $188,673 |
| Oct 5, 2026 | $192,167 |
| Oct 6, 2026 | $189,794 |
| Oct 7, 2026 | $190,672 |
| Oct 8, 2026 | $183,631 |
| Oct 9, 2026 | $179,669 |
| Oct 10, 2026 | $178,569 |
| Oct 11, 2026 | $178,855 |
| Oct 12, 2026 | $182,388 |
| Oct 13, 2026 | $179,165 |
| Oct 14, 2026 | $179,609 |
| Oct 15, 2026 | $172,279 |
| Oct 16, 2026 | $175,640 |
| Oct 17, 2026 | $173,925 |
| Oct 18, 2026 | $171,464 |
| Oct 19, 2026 | $171,022 |
| Oct 20, 2026 | $168,144 |
| Oct 21, 2026 | $171,102 |
| Oct 22, 2026 | $171,783 |
| Oct 23, 2026 | $165,476 |
| Oct 24, 2026 | $163,256 |
| Oct 25, 2026 | $161,633 |
| Oct 26, 2026 | $161,477 |
| Oct 27, 2026 | $161,164 |
TVL at each month end, Dec 2024 to Oct 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $58,417 |
| Jan 31, 2025 | $505,119 |
| Feb 28, 2025 | $533,825 |
| Mar 31, 2025 | $368,113 |
| Apr 30, 2025 | $482,626 |
| May 31, 2025 | $584,443 |
| Jun 30, 2025 | $535,224 |
| Jul 31, 2025 | $680,222 |
| Aug 31, 2025 | $758,672 |
| Sep 30, 2025 | $1.03m |
| Oct 31, 2025 | $709,772 |
| Nov 30, 2025 | $650,375 |
| Dec 31, 2025 | $458,204 |
| Jan 31, 2026 | $340,406 |
| Feb 28, 2026 | $285,928 |
| Mar 31, 2026 | $229,463 |
| Apr 30, 2026 | $207,094 |
| May 31, 2026 | $206,913 |
| Jun 30, 2026 | $171,263 |
| Jul 31, 2026 | $168,379 |
| Aug 31, 2026 | $178,625 |
| Sep 30, 2026 | $198,634 |
| Oct 27, 2026 (latest) | $161,164 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/cyclo
Frequently asked questions
What is Cyclo's TVL?
As of Oct 27, 2026, Cyclo has $161,674 in total value locked. TVL has decreased 17.5% over the past 30 days.
How does Cyclo's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Cyclo ranks #88 by TVL. The category holds $1.972b across 426 protocols, and Cyclo accounts for <0.1% of that total. Similar protocols include Flamix, Lynx, SparkDEX Perps, Jupiter Perpetual Exchange, GMX EVM, Hyperliquid HLP, Lighter Robinhood Perps, Extended Perps, Lighter LLP, and dYdX V4.