Ask about D2 Finance · freeTotal Value Locked$23.74m
TVL by Chain
Hyperliquid L1$12.21m
Arbitrum$8.84m
Base$2.38m
Ethereum$164,525
Robinhood Chain$99,973
Berachain$42,528
OP Mainnet$1,094
Key Metrics
Fees 30d$295,675
Fees 30d by chain
Arbitrum$165,827
Hyperliquid L1$79,409
Base$50,439
Berachain$0
Ethereum$0
Fees 7d$38,715
Hyperliquid L1$38,715
Arbitrum$0
Base$0
Berachain$0
Ethereum$0
Fees 24h$0
Arbitrum$0
Base$0
Berachain$0
Ethereum$0
Hyperliquid L1$0
Cumulative Fees$3.47m
Arbitrum$2.08m
Hyperliquid L1$1.01m
Base$219,119
Berachain$161,483
Ethereum$0
Revenue 30d$59,135
Revenue 30d by chain
Arbitrum$33,165
Hyperliquid L1$15,882
Base$10,088
Berachain$0
Ethereum$0
Revenue 7d$7,743
Hyperliquid L1$7,743
Arbitrum$0
Base$0
Berachain$0
Ethereum$0
Revenue 24h$0
Arbitrum$0
Base$0
Berachain$0
Ethereum$0
Hyperliquid L1$0
Cumulative Revenue$694,752
Arbitrum$417,177
Hyperliquid L1$201,455
Base$43,823
Berachain$32,297
Ethereum$0
Staked$0
Protocol Information
Tokenized Derivatives Strategies, dynamically managing risk and reward efficiently. Offering a robust suite of institutional-grade managed strategies within innovative, non-custodial single-click vault architecture.
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: All yields are generated from all staking assets across all trading strategies.View code on GitHubRevenue: 20% performance fee, 0% management fee on the flagship strategy, and 2% management fee on other strategies.View code on GitHubYields
Pools Tracked9
Average Supply APY9.03%
Competitors
D2 Finance history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Jul 5, 2024 to Oct 28, 2026.
All-time high TVL: $35.01m on Sep 19, 2026. All-time low TVL: $4.2m on Jul 25, 2024.
Daily TVL, Sep 29, 2026 to Oct 28, 2026
| Date | TVL |
|---|---|
| Sep 29, 2026 | $28.87m |
| Sep 30, 2026 | $28.73m |
| Oct 1, 2026 | $29.54m |
| Oct 2, 2026 | $29.16m |
| Oct 3, 2026 | $29.73m |
| Oct 4, 2026 | $29.69m |
| Oct 5, 2026 | $29.91m |
| Oct 6, 2026 | $30.44m |
| Oct 7, 2026 | $30.11m |
| Oct 8, 2026 | $29.46m |
| Oct 9, 2026 | $28.8m |
| Oct 10, 2026 | $28.81m |
| Oct 11, 2026 | $29.02m |
| Oct 12, 2026 | $29.23m |
| Oct 13, 2026 | $28.28m |
| Oct 14, 2026 | $28.57m |
| Oct 15, 2026 | $28.38m |
| Oct 16, 2026 | $28.59m |
| Oct 17, 2026 | $23.82m |
| Oct 18, 2026 | $23.6m |
| Oct 19, 2026 | $23.68m |
| Oct 20, 2026 | $23.67m |
| Oct 21, 2026 | $23.83m |
| Oct 22, 2026 | $23.88m |
| Oct 23, 2026 | $23.49m |
| Oct 24, 2026 | $23.41m |
| Oct 25, 2026 | $23.45m |
| Oct 26, 2026 | $23.4m |
| Oct 27, 2026 | $23.52m |
| Oct 28, 2026 | $23.84m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $8.88m |
| Dec 31, 2024 | $8.13m |
| Jan 31, 2025 | $10.24m |
| Feb 28, 2025 | $14.21m |
| Mar 31, 2025 | $8.51m |
| Apr 30, 2025 | $5.6m |
| May 31, 2025 | $7.56m |
| Jun 30, 2025 | $8.3m |
| Jul 31, 2025 | $12.13m |
| Aug 31, 2025 | $14.98m |
| Sep 30, 2025 | $14.39m |
| Oct 31, 2025 | $17.54m |
| Nov 30, 2025 | $8.58m |
| Dec 31, 2025 | $9m |
| Jan 31, 2026 | $11.06m |
| Feb 28, 2026 | $10.78m |
| Mar 31, 2026 | $19.12m |
| Apr 30, 2026 | $19.07m |
| May 31, 2026 | $25.4m |
| Jun 30, 2026 | $27.2m |
| Jul 31, 2026 | $27.44m |
| Aug 31, 2026 | $32.92m |
| Sep 30, 2026 | $28.73m |
| Oct 28, 2026 (latest) | $23.84m |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $8.13m |
| Dec 31, 2025 | $9m |
Fees and revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Nov 2024 | $72,128 | $14,640 |
| Dec 2024 | $115,958 | $23,191 |
| Jan 2025 | $14,658 | $2,931 |
| Feb 2025 | $34,931 | $6,986 |
| Mar 2025 | $75,185 | $15,037 |
| Apr 2025 | $102,119 | $20,425 |
| May 2025 | $59,019 | $11,803 |
| Jun 2025 | $329,889 | $65,977 |
| Jul 2025 | $210,441 | $42,089 |
| Aug 2025 | $266,386 | $53,277 |
| Sep 2025 | $14,177 | $2,836 |
| Oct 2025 | $269,759 | $53,951 |
| Nov 2025 | $144,197 | $28,840 |
| Dec 2025 | $51,757 | $10,351 |
| Jan 2026 | $107,475 | $21,495 |
| Feb 2026 | $52,715 | $10,543 |
| Mar 2026 | $219,467 | $43,894 |
| Apr 2026 | $6,234 | $1,247 |
| May 2026 | $110,385 | $22,077 |
| Jun 2026 | $309,699 | $61,940 |
| Jul 2026 | $20,980 | $4,195 |
| Aug 2026 | $10,565 | $2,113 |
| Sep 2026 | $742,546 | $148,509 |
| Oct 2026 (to date) | $38,715 | $7,743 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/d2-finance
Frequently asked questions
What is D2 Finance's TVL?
As of Oct 28, 2026, D2 Finance has $23.74m in total value locked. TVL has decreased 19.8% over the past 30 days.
What chains does D2 Finance operate on?
D2 Finance operates on 7 chains: Hyperliquid L1, Arbitrum, Base, Ethereum, and Robinhood Chain and 2 others. Hyperliquid L1 holds the largest share at 51.4%.
How much has D2 Finance generated in fees and revenue?
Over the past 30 days, D2 Finance generated $295,675 in fees. Of that, $59,135 was protocol revenue. Based on the trailing year, the annualized rate is $1.81m in fees and $362,949 in revenue.
How does D2 Finance's TVL compare to similar protocols?
Among Onchain Capital Allocator protocols tracked by DefiLlama, D2 Finance ranks #20 by TVL. The category holds $9.323b across 85 protocols, and D2 Finance accounts for 0.3% of that total. Similar protocols include Lagoon, Veda, Spark Liquidity Layer, IPOR Fusion, Rigoblock, Aera V3, Mitosis, MaxShot, Grove Finance, and Concrete.
How many yield pools does D2 Finance have?
DefiLlama tracks 9 D2 Finance yield pools with an average APY of 9%.