Total Value Locked$5.57m
TVL by Chain
Injective$5.57m
Key Metrics
Fees 30d$2,649
Fees 30d by chain
Injective$2,649
Fees 7d$1,086
Injective$1,086
Fees 24h$125
Injective$125
Cumulative Fees$17,590
Injective$17,590
Revenue 30d$264
Revenue 30d by chain
Injective$264
Revenue 7d$108
Injective$108
Revenue 24h$12
Injective$12
Cumulative Revenue$1,758
Injective$1,758
Holders Revenue 30d$0
Holders Revenue 30d by chain
Injective$0
Holders Revenue 7d$0
Injective$0
Holders Revenue 24h$0
Injective$0
Cumulative Holders Revenue$0
Injective$0
Active Loans$2.15m
Protocol Information
Hydro Lending is a decentralized, non-custodial money market built on the Injective Network and part of the Hydro Protocol DeFi suite
Methodology
TVL: Liquidity on hydro-protocolView code on GitHubFees: Daily interest paid by borrowers across all Hydro lending markets. Liquidation fees are not tracked as liquidations are currently disabled.View code on GitHubRevenue: Protocol's share of borrow interest, set per market by the interest fee ratio parameter.View code on GitHubHolders Revenue: View code on GitHubCompetitors
Hydro Lending history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from Jun 16, 2025 to Oct 28, 2026.
All-time high TVL: $6.71m on Sep 23, 2026. All-time low TVL: $1.08m on Jun 18, 2025.
Daily TVL, Sep 29, 2026 to Oct 28, 2026
| Date | TVL |
|---|---|
| Sep 29, 2026 | $5.86m |
| Sep 30, 2026 | $5.88m |
| Oct 1, 2026 | $5.72m |
| Oct 2, 2026 | $5.64m |
| Oct 3, 2026 | $5.79m |
| Oct 4, 2026 | $5.89m |
| Oct 5, 2026 | $5.84m |
| Oct 6, 2026 | $5.87m |
| Oct 7, 2026 | $6.07m |
| Oct 8, 2026 | $5.63m |
| Oct 9, 2026 | $5.11m |
| Oct 10, 2026 | $5.27m |
| Oct 11, 2026 | $5.96m |
| Oct 12, 2026 | $5.93m |
| Oct 13, 2026 | $5.51m |
| Oct 14, 2026 | $6.15m |
| Oct 15, 2026 | $5.76m |
| Oct 16, 2026 | $6.41m |
| Oct 17, 2026 | $6.31m |
| Oct 18, 2026 | $6.23m |
| Oct 19, 2026 | $6.26m |
| Oct 20, 2026 | $6.16m |
| Oct 21, 2026 | $6.47m |
| Oct 22, 2026 | $6.19m |
| Oct 23, 2026 | $5.6m |
| Oct 24, 2026 | $5.46m |
| Oct 25, 2026 | $5.48m |
| Oct 26, 2026 | $5.55m |
| Oct 27, 2026 | $5.65m |
| Oct 28, 2026 | $5.7m |
TVL at each month end, Jun 2025 to Oct 2026
| Date | TVL |
|---|---|
| Jun 30, 2025 | $2.8m |
| Jul 31, 2025 | $5.07m |
| Aug 31, 2025 | $5.27m |
| Sep 30, 2025 | $5.25m |
| Oct 31, 2025 | $3.09m |
| Nov 30, 2025 | $2.44m |
| Dec 31, 2025 | $1.73m |
| Jan 31, 2026 | $3.06m |
| Feb 28, 2026 | $2.41m |
| Mar 31, 2026 | $2.2m |
| Apr 30, 2026 | $2.62m |
| May 31, 2026 | $5.23m |
| Jun 30, 2026 | $4.07m |
| Jul 31, 2026 | $4.52m |
| Aug 31, 2026 | $4.53m |
| Sep 30, 2026 | $5.88m |
| Oct 28, 2026 (latest) | $5.7m |
Fees, revenue and holders revenue by UTC calendar month, Jul 2026 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Jul 2026 | $412 | $41.66 | $0 |
| Aug 2026 | $5,157 | $516.75 | $0 |
| Sep 2026 | $10,042 | $1,003 | $0 |
| Oct 2026 (to date) | $2,104 | $209 | $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/hydro-lending
Frequently asked questions
What is Hydro Lending's TVL?
As of Oct 28, 2026, Hydro Lending has $5.57m in total value locked. TVL has decreased 8.5% over the past 30 days.
What chains does Hydro Lending operate on?
Hydro Lending operates on Injective. Injective holds the largest share at 100%.
How much has Hydro Lending generated in fees and revenue?
Over the past 30 days, Hydro Lending generated $2,649 in fees. Of that, $264 was protocol revenue. Based on the trailing year, the annualized rate is $82,312 in fees and $8,228 in revenue.
How does Hydro Lending's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Hydro Lending ranks #79 by TVL. The category holds $52.613b across 518 protocols, and Hydro Lending accounts for <0.1% of that total. Similar protocols include Silo V3, Neptune Finance, iLend V2, iLend V1, Aave V3, Morpho Blue, SparkLend, JustLend V1, Maple, and Hyperliquid Earn.
How much has been borrowed through Hydro Lending?
As of Oct 28, 2026, Hydro Lending has $2.15m in active loans.

