Ask about Float · freeFloat(FLT)
Total Value Locked$143,423
TVL by Chain
Polygon$125,943
Avalanche$17,481
Key Metrics
Total Raised$5m
Mar 16, 2022$5mRound: SeedInvestors: Alameda Research, Maven 11, Venture DAO, 6th Man Ventures, Contango Digital, Encode Club, Benqi Finance, Stani Kulechov, Ideo Colab, Metacartel Ventures, Paribu Ventures, Raba, Daedalus, Morningstar Ventures, FireEyes, NEMO, CVVC, Tendex GmbH, CJ Hetherington, Gengmo Qi, Sunil Srivatsa, Danish Chaudhry, Will Holt, Batu, Seref Beyerli, Sinan Koc
Protocol Information
Float allows you to get perpetual, leveraged exposure to any crypto asset, without worrying about liquidations or managing debt positions.
Audits:
Methodology
TVL: Gets the tokens on marketsView code on GitHubCompetitors
Float history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Oct 1, 2021 to Oct 27, 2026.
All-time high TVL: $1.87m on Feb 1, 2022. All-time low TVL: $16,422 on Jun 25, 2024.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $143,413 |
| Sep 29, 2026 | $143,447 |
| Sep 30, 2026 | $143,417 |
| Oct 1, 2026 | $143,432 |
| Oct 2, 2026 | $143,453 |
| Oct 3, 2026 | $143,425 |
| Oct 4, 2026 | $143,406 |
| Oct 5, 2026 | $143,433 |
| Oct 6, 2026 | $143,406 |
| Oct 7, 2026 | $143,415 |
| Oct 8, 2026 | $143,403 |
| Oct 9, 2026 | $143,421 |
| Oct 10, 2026 | $143,429 |
| Oct 11, 2026 | $143,416 |
| Oct 12, 2026 | $143,467 |
| Oct 13, 2026 | $143,464 |
| Oct 14, 2026 | $143,475 |
| Oct 15, 2026 | $143,472 |
| Oct 16, 2026 | $143,471 |
| Oct 17, 2026 | $143,503 |
| Oct 18, 2026 | $143,471 |
| Oct 19, 2026 | $143,491 |
| Oct 20, 2026 | $143,491 |
| Oct 21, 2026 | $143,457 |
| Oct 22, 2026 | $143,615 |
| Oct 23, 2026 | $143,403 |
| Oct 24, 2026 | $143,471 |
| Oct 25, 2026 | $143,482 |
| Oct 26, 2026 | $143,448 |
| Oct 27, 2026 | $143,467 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $147,722 |
| Dec 31, 2024 | $147,951 |
| Jan 31, 2025 | $147,537 |
| Feb 28, 2025 | $145,298 |
| Mar 31, 2025 | $145,327 |
| Apr 30, 2025 | $143,703 |
| May 31, 2025 | $143,724 |
| Jun 30, 2025 | $143,709 |
| Jul 31, 2025 | $143,744 |
| Aug 31, 2025 | $143,759 |
| Sep 30, 2025 | $143,862 |
| Oct 31, 2025 | $144,012 |
| Nov 30, 2025 | $144,007 |
| Dec 31, 2025 | $144,096 |
| Jan 31, 2026 | $144,252 |
| Feb 28, 2026 | $144,351 |
| Mar 31, 2026 | $144,409 |
| Apr 30, 2026 | $144,479 |
| May 31, 2026 | $145,016 |
| Jun 30, 2026 | $145,165 |
| Jul 31, 2026 | $143,283 |
| Aug 31, 2026 | $143,373 |
| Sep 30, 2026 | $143,417 |
| Oct 27, 2026 (latest) | $143,467 |
TVL at each year end, Dec 31, 2021 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2021 | $935,180 |
| Dec 31, 2022 | $192,157 |
| Dec 31, 2023 | $152,777 |
| Dec 31, 2024 | $147,951 |
| Dec 31, 2025 | $144,096 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/float
Frequently asked questions
What is Float's TVL?
As of Oct 27, 2026, Float has $143,423 in total value locked. TVL has increased <0.1% over the past 30 days.
What chains does Float operate on?
Float operates on 2 chains: Polygon and Avalanche. Polygon holds the largest share at 87.8%.
How does Float's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Float ranks #92 by TVL. The category holds $1.965b across 426 protocols, and Float accounts for <0.1% of that total. Similar protocols include Contango V2, ApeX Pro, Jarvis Network, RubyDex, GMX EVM, MUX Perps, Gains Network, GMX V1 EVM, MUFEX, and Vest Markets.