Total Value Locked$670.63m
TVL by Chain
Ethereum$471.45m
Arbitrum$141.32m
Plasma$35.17m
Base$18.93m
Polygon$3.77m
Key Metrics
Fees 30d$3.1m
Fees 30d by chain
Ethereum$2.01m
Arbitrum$558,082
Plasma$241,512
Solana$226,746
Base$62,294
Polygon$4,974
Fees 7d$628,506
Ethereum$425,485
Arbitrum$108,729
Solana$52,007
Plasma$28,505
Base$12,675
Polygon$1,105
Fees 24h$90,129
Ethereum$60,784
Arbitrum$15,350
Solana$8,470
Plasma$3,997
Base$1,356
Polygon$172
Cumulative Fees$109.38m
Ethereum$84.7m
Plasma$11.96m
Arbitrum$8.29m
Solana$2.09m
Base$2.04m
Polygon$304,038
Revenue 30d$509,863
Revenue 30d by chain
Solana$226,746
Ethereum$195,820
Arbitrum$55,838
Plasma$24,725
Base$6,237
Polygon$497
Revenue 7d$109,944
Solana$52,007
Ethereum$42,541
Arbitrum$10,883
Plasma$3,133
Base$1,270
Polygon$110
Revenue 24h$16,621
Solana$8,470
Ethereum$6,078
Arbitrum$1,536
Plasma$384
Base$136
Polygon$17
Cumulative Revenue$12.55m
Ethereum$7.98m
Solana$2.09m
Plasma$1.41m
Arbitrum$829,753
Base$203,787
Polygon$32,506
Holders Revenue 30d$0
Holders Revenue 30d by chain
Arbitrum$0
Base$0
Ethereum$0
Plasma$0
Polygon$0
Solana$0
Holders Revenue 7d$0
Arbitrum$0
Base$0
Ethereum$0
Plasma$0
Polygon$0
Solana$0
Holders Revenue 24h$0
Arbitrum$0
Base$0
Ethereum$0
Plasma$0
Polygon$0
Solana$0
Cumulative Holders Revenue$4.75m
Ethereum$4.75m
Arbitrum$0
Base$0
Plasma$0
Polygon$0
Solana$0
Collateral Liquidated 30d$293,127
Collateral Liquidated 30d by chain
Ethereum$254,365
Base$29,890
Arbitrum$8,873
Plasma$0
Polygon$0
Collateral Liquidated 7d$11,882
Ethereum$10,100
Arbitrum$1,566
Base$216.16
Plasma$0
Polygon$0
Collateral Liquidated 24h$0
Arbitrum$0
Base$0
Ethereum$0
Plasma$0
Polygon$0
Cumulative Collateral Liquidated$293,127
Ethereum$254,365
Base$29,890
Arbitrum$8,873
Plasma$0
Polygon$0
Active Loans$667.34m
Protocol Information
An ever-evolving DeFi protocol and financial system of the future by Instadapp
Audits:
Methodology
TVL: Counts the tokens locked in the contracts to be used as collateral to borrow or to earn yield. Borrowed coins are not counted towards the TVL, so only the coins actually locked in the contracts are counted. There's multiple reasons behind this but one of the main ones is to avoid inflating the TVL through cycled lending.View code on GitHubFees: Interest paid by borrowers on Fluid + revenue share from JupLendView code on GitHubRevenue: Percentage of interest going to treasuryView code on GitHubHolders Revenue: Token buyback from the treasuryView code on GitHubCollateral Liquidated: Collateral paid out in Fluid vault LogLiquidate events. Smart collateral vaults liquidate DEX shares, so their payout is read from the matching LogWithdrawPerfectColLiquidity event the DEX emits in the same transaction.View code on GitHubYields
Pools Tracked23
Average Supply APY4.43%
User Activity
Active Addresses (24h)1,941
Transactions (24h)6,239
Hacks
Date: May 31, 2026
Amount: $215,000
Classification: Frontend & Infrastructure
Technique: Key Leaked via Infrastructure
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Competitors
Fluid Lending history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from Feb 20, 2024 to Oct 27, 2026.
All-time high TVL: $2.367b on Oct 9, 2025. All-time low TVL: $6,958 on Feb 20, 2024.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $735.53m |
| Sep 29, 2026 | $737.53m |
| Sep 30, 2026 | $737.39m |
| Oct 1, 2026 | $740.42m |
| Oct 2, 2026 | $715.89m |
| Oct 3, 2026 | $712.14m |
| Oct 4, 2026 | $711.25m |
| Oct 5, 2026 | $718.68m |
| Oct 6, 2026 | $709.35m |
| Oct 7, 2026 | $709.98m |
| Oct 8, 2026 | $696m |
| Oct 9, 2026 | $692.91m |
| Oct 10, 2026 | $702.67m |
| Oct 11, 2026 | $703.18m |
| Oct 12, 2026 | $693.45m |
| Oct 13, 2026 | $684.38m |
| Oct 14, 2026 | $691.82m |
| Oct 15, 2026 | $672.2m |
| Oct 16, 2026 | $677.11m |
| Oct 17, 2026 | $670.07m |
| Oct 18, 2026 | $670.94m |
| Oct 19, 2026 | $669.3m |
| Oct 20, 2026 | $673.26m |
| Oct 21, 2026 | $681.38m |
| Oct 22, 2026 | $681.28m |
| Oct 23, 2026 | $664.26m |
| Oct 24, 2026 | $661.95m |
| Oct 25, 2026 | $659.6m |
| Oct 26, 2026 | $654.3m |
| Oct 27, 2026 | $664.7m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $568.45m |
| Dec 31, 2024 | $733.05m |
| Jan 31, 2025 | $839.1m |
| Feb 28, 2025 | $810.81m |
| Mar 31, 2025 | $723.45m |
| Apr 30, 2025 | $834.33m |
| May 31, 2025 | $981.07m |
| Jun 30, 2025 | $1.036b |
| Jul 31, 2025 | $1.281b |
| Aug 31, 2025 | $1.363b |
| Sep 30, 2025 | $1.9b |
| Oct 31, 2025 | $2.149b |
| Nov 30, 2025 | $1.527b |
| Dec 31, 2025 | $1.518b |
| Jan 31, 2026 | $1.552b |
| Feb 28, 2026 | $1.033b |
| Mar 31, 2026 | $744.02m |
| Apr 30, 2026 | $760.83m |
| May 31, 2026 | $753.68m |
| Jun 30, 2026 | $602.58m |
| Jul 31, 2026 | $658.45m |
| Aug 31, 2026 | $742.77m |
| Sep 30, 2026 | $737.39m |
| Oct 27, 2026 (latest) | $664.7m |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $733.05m |
| Dec 31, 2025 | $1.518b |
Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $2.4m | $309,596 | $0 |
| Dec 2024 | $4.06m | $545,194 | $0 |
| Jan 2025 | $3.92m | $430,394 | $0 |
| Feb 2025 | $3.2m | $458,965 | $0 |
| Mar 2025 | $2.49m | $213,864 | $0 |
| Apr 2025 | $1.86m | $176,611 | $0 |
| May 2025 | $2.26m | $227,217 | $0 |
| Jun 2025 | $3.05m | $304,860 | $0 |
| Jul 2025 | $3.79m | $416,236 | $0 |
| Aug 2025 | $5.78m | $514,582 | $0 |
| Sep 2025 | $6.05m | $733,065 | $0 |
| Oct 2025 | $7.71m | $892,571 | $1.65m |
| Nov 2025 | $6.38m | $732,351 | $892,451 |
| Dec 2025 | $5.1m | $654,106 | $669,961 |
| Jan 2026 | $5.08m | $679,576 | $729,271 |
| Feb 2026 | $3.96m | $400,455 | $319,207 |
| Mar 2026 | $2.75m | $386,919 | $484,025 |
| Apr 2026 | $3.34m | $432,684 | $0 |
| May 2026 | $3.22m | $459,005 | $0 |
| Jun 2026 | $3.22m | $434,313 | $0 |
| Jul 2026 | $3.25m | $469,327 | $0 |
| Aug 2026 | $3.41m | $505,263 | $0 |
| Sep 2026 | $3.39m | $514,594 | $0 |
| Oct 2026 (to date) | $2.68m | $438,888 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/fluid-lending
Frequently asked questions
What is Fluid Lending's TVL?
As of Oct 27, 2026, Fluid Lending has $670.63m in total value locked. TVL has decreased 8.7% over the past 30 days.
What chains does Fluid Lending operate on?
Fluid Lending operates on 6 chains: Ethereum, Arbitrum, Plasma, Base, and Polygon and 1 others. Ethereum holds the largest share at 70.3%.
How much has Fluid Lending generated in fees and revenue?
Over the past 30 days, Fluid Lending generated $3.1m in fees. Of that, $509,863 was protocol revenue. Based on the trailing year, the annualized rate is $47.35m in fees and $6.24m in revenue.
How does Fluid Lending's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Fluid Lending ranks #13 by TVL. The category holds $52.517b across 518 protocols, and Fluid Lending accounts for 1.3% of that total. Similar protocols include Aave V3, Morpho Blue, Compound V3, Euler V2, Unitus, Folks Finance xChain, TermFinance Lend, OmniBTC, Teller, and Impermax V2.
How much has been borrowed through Fluid Lending?
As of Oct 27, 2026, Fluid Lending has $667.34m in active loans.
Has Fluid Lending ever been exploited?
Fluid Lending has 1 recorded security incident. The most recent incident occurred on May 31, 2026 and involved $215,000. It was classified as Frontend & Infrastructure.