Ask about DIEM Relay · freeTotal Value Locked$601,723
TVL by Chain
Base$601,723
Key Metrics
Fees 30d$2,703
Fees 30d by chain
Base$2,703
Fees 7d$813
Base$813
Fees 24h$91
Base$91
Cumulative Fees$6,193
Base$6,193
Revenue 30d$2,703
Revenue 30d by chain
Base$2,703
Revenue 7d$813
Base$813
Revenue 24h$91
Base$91
Cumulative Revenue$6,193
Base$6,193
Holders Revenue 30d$2,429
Holders Revenue 30d by chain
Base$2,429
Holders Revenue 7d$731
Base$731
Holders Revenue 24h$82
Base$82
Cumulative Holders Revenue$5,559
Base$5,559
Protocol Information
Stake DIEM to earn USDC yield from Venice AI compute revenue. Synthetix-style staking with a 24h reward stream, plus an optional ERC-4626 auto-compounding wrapper (csDIEM).
Audits:
Methodology
TVL: TVL is DIEM (Venice.ai inference-credit token, not a DIEM Relay governance token) deposited by users and forward-staked on Venice via the sDIEM v1/v2 contracts, plus any liquid DIEM and undistributed USDC compute revenue held by the DIEM Relay vault, the sDIEM/csDIEM contracts and the RevenueSplitter contracts.View code on GitHubFees: USDC compute revenue (Venice AI inference sold via cheaptokens.ai) distributed by the DIEM Relay RevenueSplitter contracts.View code on GitHubRevenue: All the compute revenue (Venice AI inference sold via cheaptokens.ai) either retained by the protocol (currently 10%, historically 20%) or streamed to sDIEM stakers.View code on GitHubHolders Revenue: Staker cut (currently 90%, historically 80%) streamed to sDIEM stakers via notifyRewardAmount.View code on GitHubCompetitors
DIEM Relay history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Mar 19, 2026 to Oct 27, 2026.
All-time high TVL: $653,605 on Oct 5, 2026. All-time low TVL: $77 on Mar 21, 2026.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $519,152 |
| Sep 29, 2026 | $602,199 |
| Sep 30, 2026 | $582,295 |
| Oct 1, 2026 | $594,100 |
| Oct 2, 2026 | $582,878 |
| Oct 3, 2026 | $629,526 |
| Oct 4, 2026 | $614,332 |
| Oct 5, 2026 | $653,605 |
| Oct 6, 2026 | $628,008 |
| Oct 7, 2026 | $596,856 |
| Oct 8, 2026 | $571,741 |
| Oct 9, 2026 | $513,773 |
| Oct 10, 2026 | $506,544 |
| Oct 11, 2026 | $525,491 |
| Oct 12, 2026 | $565,741 |
| Oct 13, 2026 | $517,276 |
| Oct 14, 2026 | $534,500 |
| Oct 15, 2026 | $539,140 |
| Oct 16, 2026 | $577,300 |
| Oct 17, 2026 | $525,656 |
| Oct 18, 2026 | $513,141 |
| Oct 19, 2026 | $526,654 |
| Oct 20, 2026 | $553,012 |
| Oct 21, 2026 | $584,339 |
| Oct 22, 2026 | $616,847 |
| Oct 23, 2026 | $593,199 |
| Oct 24, 2026 | $569,000 |
| Oct 25, 2026 | $560,739 |
| Oct 26, 2026 | $577,683 |
| Oct 27, 2026 | $579,184 |
TVL at each month end, Mar 2026 to Oct 2026
| Date | TVL |
|---|---|
| Mar 31, 2026 | $3,110 |
| Apr 30, 2026 | $17,939 |
| May 31, 2026 | $25,573 |
| Jun 30, 2026 | $23,829 |
| Jul 31, 2026 | $232,777 |
| Aug 31, 2026 | $321,120 |
| Sep 30, 2026 | $582,295 |
| Oct 27, 2026 (latest) | $579,184 |
Fees, revenue and holders revenue by UTC calendar month, Apr 2026 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Apr 2026 | $27.29 | $27.29 | $22.08 |
| May 2026 | $105.58 | $105.58 | $84.62 |
| Jun 2026 | $20.27 | $20.27 | $17.49 |
| Jul 2026 | $546.05 | $546.05 | $492.73 |
| Aug 2026 | $1,234 | $1,234 | $1,111 |
| Sep 2026 | $1,817 | $1,817 | $1,636 |
| Oct 2026 (to date) | $2,534 | $2,534 | $2,278 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/diem-relay
Frequently asked questions
What is DIEM Relay's TVL?
As of Oct 27, 2026, DIEM Relay has $601,723 in total value locked. TVL has increased 16.1% over the past 30 days.
What chains does DIEM Relay operate on?
DIEM Relay operates on Base. Base holds the largest share at 100%.
How much has DIEM Relay generated in fees and revenue?
Over the past 30 days, DIEM Relay generated $2,703 in fees. Of that, $2,703 was protocol revenue. Based on the trailing year, the annualized rate is $11,960 in fees and $11,960 in revenue.
How does DIEM Relay's TVL compare to similar protocols?
Among Liquid Staking protocols tracked by DefiLlama, DIEM Relay ranks #131 by TVL. The category holds $53.615b across 266 protocols, and DIEM Relay accounts for <0.1% of that total. Similar protocols include ether.fi Stake, Origin Ether, GLIF, iAero Protocol, wstDIEM, BakerFi, VaultLayer, Lido, Binance staked ETH, and JustLend sTRX.