Ask about DIEM Relay · freeTotal Value Locked$586,630
TVL by Chain
Base$586,630
Key Metrics
Fees 30d$2,734
Fees 30d by chain
Base$2,734
Fees 7d$738
Base$738
Fees 24h$111
Base$111
Cumulative Fees$6,284
Base$6,284
Revenue 30d$2,734
Revenue 30d by chain
Base$2,734
Revenue 7d$738
Base$738
Revenue 24h$111
Base$111
Cumulative Revenue$6,284
Base$6,284
Holders Revenue 30d$2,457
Holders Revenue 30d by chain
Base$2,457
Holders Revenue 7d$664
Base$664
Holders Revenue 24h$100
Base$100
Cumulative Holders Revenue$5,641
Base$5,641
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 28, 2026.
All-time high TVL: $653,605 on Oct 5, 2026. All-time low TVL: $77 on Mar 21, 2026.
Daily TVL, Sep 29, 2026 to Oct 28, 2026
| Date | TVL |
|---|---|
| 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 |
| Oct 28, 2026 | $598,828 |
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 28, 2026 (latest) | $598,828 |
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) | $2,645 | $2,645 | $2,378 |
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 28, 2026, DIEM Relay has $586,630 in total value locked. TVL has increased 13% 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 $2,734 in fees. Of that, $2,734 was protocol revenue. Based on the trailing year, the annualized rate is $12,072 in fees and $12,072 in revenue.
How does DIEM Relay's TVL compare to similar protocols?
Among Liquid Staking protocols tracked by DefiLlama, DIEM Relay ranks #133 by TVL. The category holds $54.039b 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.