Total Value Locked$21.61m
TVL by Chain
Ethereum$20.99m
Fraxtal$448,111
Arbitrum$180,268
Key Metrics
Fees 30d$55,609
Fees 30d by chain
Ethereum$54,859
Fraxtal$710.03
Arbitrum$38.94
Fees 7d$24,025
Ethereum$23,822
Fraxtal$201.46
Arbitrum$0
Fees 24h$3,185
Ethereum$3,181
Fraxtal$4.18
Arbitrum$0
Cumulative Fees$3.86m
Ethereum$3.76m
Fraxtal$77,308
Arbitrum$27,038
Revenue 30d$4,642
Revenue 30d by chain
Ethereum$4,572
Fraxtal$65.63
Arbitrum$3.56
Revenue 7d$2,006
Ethereum$1,987
Fraxtal$18.45
Arbitrum$0
Revenue 24h$289
Ethereum$289
Fraxtal$0.38
Arbitrum$0
Cumulative Revenue$211,017
Ethereum$193,244
Fraxtal$11,888
Arbitrum$5,891
Holders Revenue 30d$0
Holders Revenue 30d by chain
Arbitrum$0
Ethereum$0
Fraxtal$0
Holders Revenue 7d$0
Arbitrum$0
Ethereum$0
Fraxtal$0
Holders Revenue 24h$0
Arbitrum$0
Ethereum$0
Fraxtal$0
Cumulative Holders Revenue$0
Arbitrum$0
Ethereum$0
Fraxtal$0
Collateral Liquidated 30d$214.75
Collateral Liquidated 30d by chain
Fraxtal$202.28
Ethereum$12.47
Arbitrum$0
Collateral Liquidated 7d$0.98
Ethereum$0.97
Fraxtal$0.01
Arbitrum$0
Collateral Liquidated 24h$0
Arbitrum$0
Ethereum$0
Fraxtal$0
Cumulative Collateral Liquidated$308.54
Fraxtal$220.36
Ethereum$88.18
Arbitrum$0
Active Loans$6.08m
Protocol Information
Fraxlend is a lending platform that allows anyone to create a market between a pair of ERC-20 tokens. Any token part of a Chainlink data feed can be lent to borrowers or used as collateral
Methodology
TVL: Gets the pairs from the REGISTRY_ADDRESS and adds the collateral amounts from each pairView code on GitHubFees: Includes Lenders interest, liquidation fee and 10% interest feeView code on GitHubRevenue: 10% interest fee is considered as revenueView code on GitHubHolders Revenue: View code on GitHubCollateral Liquidated: Total USD value of collateral seized in Fraxlend Liquidate events.View code on GitHubYields
Pools Tracked17
Average Supply APY2.47%
Competitors
Fraxlend history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from Sep 8, 2022 to Oct 27, 2026.
All-time high TVL: $326.47m on Mar 12, 2024. All-time low TVL: $441,237 on Sep 8, 2022.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $24.21m |
| Sep 29, 2026 | $24.18m |
| Sep 30, 2026 | $24.04m |
| Oct 1, 2026 | $24.06m |
| Oct 2, 2026 | $24.17m |
| Oct 3, 2026 | $24m |
| Oct 4, 2026 | $24.11m |
| Oct 5, 2026 | $24.46m |
| Oct 6, 2026 | $24.36m |
| Oct 7, 2026 | $24.26m |
| Oct 8, 2026 | $23.45m |
| Oct 9, 2026 | $22.74m |
| Oct 10, 2026 | $22.85m |
| Oct 11, 2026 | $22.99m |
| Oct 12, 2026 | $23.24m |
| Oct 13, 2026 | $22.63m |
| Oct 14, 2026 | $22.96m |
| Oct 15, 2026 | $22.36m |
| Oct 16, 2026 | $22.49m |
| Oct 17, 2026 | $22.32m |
| Oct 18, 2026 | $22.14m |
| Oct 19, 2026 | $22.25m |
| Oct 20, 2026 | $22.14m |
| Oct 21, 2026 | $22.53m |
| Oct 22, 2026 | $22.73m |
| Oct 23, 2026 | $21.99m |
| Oct 24, 2026 | $21.96m |
| Oct 25, 2026 | $21.84m |
| Oct 26, 2026 | $21.6m |
| Oct 27, 2026 | $21.53m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $121.05m |
| Dec 31, 2024 | $113.82m |
| Jan 31, 2025 | $93.1m |
| Feb 28, 2025 | $64.81m |
| Mar 31, 2025 | $51.71m |
| Apr 30, 2025 | $43.34m |
| May 31, 2025 | $49.96m |
| Jun 30, 2025 | $46.14m |
| Jul 31, 2025 | $63.96m |
| Aug 31, 2025 | $60.96m |
| Sep 30, 2025 | $57.17m |
| Oct 31, 2025 | $45.84m |
| Nov 30, 2025 | $36.98m |
| Dec 31, 2025 | $34.33m |
| Jan 31, 2026 | $31.61m |
| Feb 28, 2026 | $29.91m |
| Mar 31, 2026 | $31.5m |
| Apr 30, 2026 | $32.83m |
| May 31, 2026 | $29.69m |
| Jun 30, 2026 | $19.2m |
| Jul 31, 2026 | $20.16m |
| Aug 31, 2026 | $22.71m |
| Sep 30, 2026 | $24.04m |
| Oct 27, 2026 (latest) | $21.53m |
TVL at each year end, Dec 31, 2022 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2022 | $90.81m |
| Dec 31, 2023 | $197.39m |
| Dec 31, 2024 | $113.82m |
| Dec 31, 2025 | $34.33m |
Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $319,258 | $6,395 | $0 |
| Dec 2024 | $434,750 | $11,467 | $0 |
| Jan 2025 | $457,744 | $11,157 | $0 |
| Feb 2025 | $249,168 | $13,973 | $0 |
| Mar 2025 | $213,849 | $11,354 | $0 |
| Apr 2025 | $191,794 | $25,067 | $0 |
| May 2025 | $125,636 | $3,859 | $0 |
| Jun 2025 | $186,475 | $9,678 | $0 |
| Jul 2025 | $158,414 | $6,172 | $0 |
| Aug 2025 | $159,033 | $13,444 | $0 |
| Sep 2025 | $97,589 | $8,837 | $0 |
| Oct 2025 | $117,378 | $16,259 | $0 |
| Nov 2025 | $129,517 | $11,842 | $0 |
| Dec 2025 | $94,361 | $7,868 | $0 |
| Jan 2026 | $105,634 | $9,695 | $0 |
| Feb 2026 | $66,800 | $7,067 | $0 |
| Mar 2026 | $70,192 | $6,103 | $0 |
| Apr 2026 | $44,907 | $3,695 | $0 |
| May 2026 | $48,744 | $4,125 | $0 |
| Jun 2026 | $36,898 | $4,019 | $0 |
| Jul 2026 | $33,249 | $3,022 | $0 |
| Aug 2026 | $118,165 | $3,357 | $0 |
| Sep 2026 | $38,707 | $3,380 | $0 |
| Oct 2026 (to date) | $50,559 | $4,182 | $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/fraxlend
Frequently asked questions
What is Fraxlend's TVL?
As of Oct 27, 2026, Fraxlend has $21.61m in total value locked. TVL has decreased 10.6% over the past 30 days.
What chains does Fraxlend operate on?
Fraxlend operates on 3 chains: Ethereum, Fraxtal, and Arbitrum. Ethereum holds the largest share at 97.1%.
How much has Fraxlend generated in fees and revenue?
Over the past 30 days, Fraxlend generated $55,609 in fees. Of that, $4,642 was protocol revenue. Based on the trailing year, the annualized rate is $869,539 in fees and $71,240 in revenue.
How does Fraxlend's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Fraxlend ranks #51 by TVL. The category holds $52.234b across 518 protocols, and Fraxlend accounts for <0.1% of that total. Similar protocols include Morpho Blue, Curve LlamaLend, Aave V3, Compound V3, Venus Core Pool, Fluid Lending, Euler V2, Dolomite, Native Credit Pool, and Gearbox.
How much has been borrowed through Fraxlend?
As of Oct 27, 2026, Fraxlend has $6.08m in active loans.