Total Value Locked$33.7m
TVL by Chain
Ethereum$33.7m
Key Metrics
Fees 30d$276,040
Fees 30d by chain
Ethereum$276,040
Fees 7d$64,345
Ethereum$64,345
Fees 24h$9,176
Ethereum$9,176
Cumulative Fees$13.06m
Ethereum$13.06m
Revenue 30d$289,274
Revenue 30d by chain
Ethereum$289,274
Revenue 7d$68,297
Ethereum$68,297
Revenue 24h$9,698
Ethereum$9,698
Cumulative Revenue$12.57m
Ethereum$12.57m
Holders Revenue 30d$9,411
Holders Revenue 30d by chain
Ethereum$9,411
Holders Revenue 7d$2,184
Ethereum$2,184
Holders Revenue 24h$312
Ethereum$312
Cumulative Holders Revenue$1.24m
Ethereum$1.24m
Market Cap$7.87m
$INV Price$10.99
Fully Diluted Valuation$8.01m
$INV Volume 24h$8,201
CEX Volume$3,828
DEX Volume$8,292(101.11% of total)
Staked$5.4m(68.58% of mcap)
Protocol Information
FiRM is a Fixed Rate Market protocol to borrow the DOLA usd stablecoin at a fixed-rate with the DOLA Borrowing Right token DBR.
Audits:
Methodology
TVL: Get collateral balances from users personal escrowsView code on GitHubFees: DBR spent by borrowers.View code on GitHubRevenue: DBR distributed to INV stakers, jrDOLA, the DOLA Savings Account, revenue from INV buybacks, the DBR Virtual XY=K auction, and DBR forced replenishments to borrowers in DBR deficit.View code on GitHubHolders Revenue: DBR streamed to INV stakers and for INV buybacks.View code on GitHubYields
Pools Tracked2
Average Supply APY3.03%
Competitors
Inverse Finance FiRM history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Dec 17, 2022 to Oct 27, 2026.
All-time high TVL: $100.31m on Sep 14, 2025. All-time low TVL: $13,053 on Dec 17, 2022.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $32.05m |
| Sep 29, 2026 | $31.73m |
| Sep 30, 2026 | $32m |
| Oct 1, 2026 | $32.48m |
| Oct 2, 2026 | $32.62m |
| Oct 3, 2026 | $33.27m |
| Oct 4, 2026 | $33.25m |
| Oct 5, 2026 | $33.63m |
| Oct 6, 2026 | $33.42m |
| Oct 7, 2026 | $33.8m |
| Oct 8, 2026 | $33.19m |
| Oct 9, 2026 | $33.15m |
| Oct 10, 2026 | $31.51m |
| Oct 11, 2026 | $31.81m |
| Oct 12, 2026 | $31.82m |
| Oct 13, 2026 | $31.74m |
| Oct 14, 2026 | $32.33m |
| Oct 15, 2026 | $32.63m |
| Oct 16, 2026 | $32.91m |
| Oct 17, 2026 | $33.13m |
| Oct 18, 2026 | $32.93m |
| Oct 19, 2026 | $32.74m |
| Oct 20, 2026 | $32.79m |
| Oct 21, 2026 | $33.34m |
| Oct 22, 2026 | $33.53m |
| Oct 23, 2026 | $33.19m |
| Oct 24, 2026 | $33.07m |
| Oct 25, 2026 | $33.14m |
| Oct 26, 2026 | $33.61m |
| Oct 27, 2026 | $33.61m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $55.29m |
| Dec 31, 2024 | $70.56m |
| Jan 31, 2025 | $52.55m |
| Feb 28, 2025 | $40.9m |
| Mar 31, 2025 | $37.83m |
| Apr 30, 2025 | $38.73m |
| May 31, 2025 | $46.09m |
| Jun 30, 2025 | $39.09m |
| Jul 31, 2025 | $62.39m |
| Aug 31, 2025 | $75.71m |
| Sep 30, 2025 | $82.04m |
| Oct 31, 2025 | $74.97m |
| Nov 30, 2025 | $69.25m |
| Dec 31, 2025 | $69.23m |
| Jan 31, 2026 | $67.2m |
| Feb 28, 2026 | $43.47m |
| Mar 31, 2026 | $22.16m |
| Apr 30, 2026 | $22.63m |
| May 31, 2026 | $22.02m |
| Jun 30, 2026 | $18.02m |
| Jul 31, 2026 | $19.89m |
| Aug 31, 2026 | $27.04m |
| Sep 30, 2026 | $32m |
| Oct 27, 2026 (latest) | $33.61m |
TVL at each year end, Dec 31, 2022 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2022 | $129,979 |
| Dec 31, 2023 | $50.53m |
| Dec 31, 2024 | $70.56m |
| Dec 31, 2025 | $69.23m |
Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $279,344 | $231,412 | $65,300 |
| Dec 2024 | $757,271 | $307,476 | $72,564 |
| Jan 2025 | $793,170 | $350,160 | $54,337 |
| Feb 2025 | $411,896 | $261,002 | $23,685 |
| Mar 2025 | $411,239 | $239,326 | $6,127 |
| Apr 2025 | $386,140 | $336,959 | $3,623 |
| May 2025 | $434,575 | $459,052 | $3,341 |
| Jun 2025 | $474,423 | $504,826 | $3,028 |
| Jul 2025 | $636,996 | $699,957 | $3,414 |
| Aug 2025 | $866,247 | $980,853 | $3,862 |
| Sep 2025 | $831,554 | $1.04m | $3,469 |
| Oct 2025 | $630,066 | $660,529 | $2,810 |
| Nov 2025 | $625,672 | $578,960 | $2,534 |
| Dec 2025 | $624,938 | $626,379 | $2,542 |
| Jan 2026 | $616,501 | $669,400 | $2,360 |
| Feb 2026 | $426,652 | $406,001 | $34,432 |
| Mar 2026 | $265,722 | $241,793 | $31,755 |
| Apr 2026 | $206,085 | $174,629 | $8,019 |
| May 2026 | $215,301 | $182,987 | $3,499 |
| Jun 2026 | $162,081 | $142,575 | $3,342 |
| Jul 2026 | $145,214 | $139,043 | $3,494 |
| Aug 2026 | $186,025 | $183,075 | $3,608 |
| Sep 2026 | $262,855 | $261,189 | $4,912 |
| Oct 2026 (to date) | $248,223 | $261,023 | $8,475 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/inverse-finance-firm
Frequently asked questions
What is Inverse Finance FiRM's TVL?
As of Oct 27, 2026, Inverse Finance FiRM has $33.7m in total value locked. TVL has increased 6% over the past 30 days.
What chains does Inverse Finance FiRM operate on?
Inverse Finance FiRM operates on Ethereum. Ethereum holds the largest share at 100%.
How much has Inverse Finance FiRM generated in fees and revenue?
Over the past 30 days, Inverse Finance FiRM generated $276,040 in fees. Of that, $289,274 was protocol revenue. Based on the trailing year, the annualized rate is $4.08m in fees and $3.96m in revenue.
What is the INV token price and valuation?
INV is currently trading at $10.99. Its circulating market capitalization is $7.87m, ranking it #1,647. Its fully diluted valuation is $8.01m. Supply currently stands at 714,903.26 circulating, 727,000 total supply.
How has INV performed recently?
INV is down 2.4% over the past 7 days and up 16.3% over the past 30 days. Its all-time high is $2,075, reached on Mar 6, 2021. The token is currently 99.5% below that level.
How does Inverse Finance FiRM's TVL compare to similar protocols?
Among CDP protocols tracked by DefiLlama, Inverse Finance FiRM ranks #9 by TVL. The category holds $7.384b across 200 protocols, and Inverse Finance FiRM accounts for 0.5% of that total. Similar protocols include Sky Lending, USDD, Liquity V1, crvUSD, Liquity V2, Reservoir Protocol, Frankencoin, BIMA CDP, Inverse Finance Frontier, and mStable V2.
How many yield pools does Inverse Finance FiRM have?
DefiLlama tracks 2 Inverse Finance FiRM yield pools with an average APY of 3%.

