Ask about Ethereal Season Zero · freeProtocol Information
Deposit USDe into Ethereal and receive eUSDe receipt tokens. Hold to accumulate Ethereal points - and as a bonus unlock the maximum 30x Ethena Rewards multiplier on your deposit
Audits:
Methodology
TVL: TVL includes USDe tokens locked in Ethereal’s Season Zero vault on Ethereum.View code on GitHubCompetitors
Ethereal Season Zero history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Feb 23, 2025 to Oct 27, 2026.
All-time high TVL: $1.319b on Aug 8, 2025. All-time low TVL: $1.23m on Oct 27, 2026.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $1.64m |
| Sep 29, 2026 | $1.64m |
| Sep 30, 2026 | $1.64m |
| Oct 1, 2026 | $1.63m |
| Oct 2, 2026 | $1.63m |
| Oct 3, 2026 | $1.6m |
| Oct 4, 2026 | $1.58m |
| Oct 5, 2026 | $1.58m |
| Oct 6, 2026 | $1.58m |
| Oct 7, 2026 | $1.58m |
| Oct 8, 2026 | $1.58m |
| Oct 9, 2026 | $1.58m |
| Oct 10, 2026 | $1.57m |
| Oct 11, 2026 | $1.57m |
| Oct 12, 2026 | $1.55m |
| Oct 13, 2026 | $1.55m |
| Oct 14, 2026 | $1.55m |
| Oct 15, 2026 | $1.55m |
| Oct 16, 2026 | $1.54m |
| Oct 17, 2026 | $1.54m |
| Oct 18, 2026 | $1.54m |
| Oct 19, 2026 | $1.23m |
| Oct 20, 2026 | $1.23m |
| Oct 21, 2026 | $1.23m |
| Oct 22, 2026 | $1.23m |
| Oct 23, 2026 | $1.23m |
| Oct 24, 2026 | $1.23m |
| Oct 25, 2026 | $1.23m |
| Oct 26, 2026 | $1.23m |
| Oct 27, 2026 | $1.23m |
TVL at each month end, Feb 2025 to Oct 2026
| Date | TVL |
|---|---|
| Feb 28, 2025 | $478.22m |
| Mar 31, 2025 | $751.45m |
| Apr 30, 2025 | $927.43m |
| May 31, 2025 | $734.69m |
| Jun 30, 2025 | $726.66m |
| Jul 31, 2025 | $920.72m |
| Aug 31, 2025 | $311.97m |
| Sep 30, 2025 | $404.88m |
| Oct 31, 2025 | $116.83m |
| Nov 30, 2025 | $66.9m |
| Dec 31, 2025 | $11.33m |
| Jan 31, 2026 | $7.8m |
| Feb 28, 2026 | $5.03m |
| Mar 31, 2026 | $4.21m |
| Apr 30, 2026 | $3.16m |
| May 31, 2026 | $2.78m |
| Jun 30, 2026 | $2.5m |
| Jul 31, 2026 | $2.1m |
| Aug 31, 2026 | $1.85m |
| Sep 30, 2026 | $1.64m |
| Oct 27, 2026 (latest) | $1.23m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/ethereal-season-zero
Frequently asked questions
What is Ethereal Season Zero's TVL?
As of Oct 27, 2026, Ethereal Season Zero has $1.23m in total value locked. TVL has decreased 25.5% over the past 30 days.
What chains does Ethereal Season Zero operate on?
Ethereal Season Zero operates on Ethereum. Ethereum holds the largest share at 100%.
How does Ethereal Season Zero's TVL compare to similar protocols?
Among Farm protocols tracked by DefiLlama, Ethereal Season Zero ranks #15 by TVL. The category holds $341.28m across 225 protocols, and Ethereal Season Zero accounts for 0.4% of that total. Similar protocols include Zircuit Staking, Katana Pre-Launch, PoWH3D, Sophon Farm, Fomo3D, Blast pre-launch Farm, Swell L2 Farm, Blackwing, Terminal Finance Pre-Deposits, and BOB Fusion.