Total Value Locked$489,890
TVL by Chain
Arbitrum$248,356
Ethereum$187,096
Base$54,438
Key Metrics
Perp Volume 30d$0
Perp Volume 30d by chain
Arbitrum$0
Base$0
Ethereum$0
Perp Volume 7d$0
Arbitrum$0
Base$0
Ethereum$0
Perp Volume 24h$0
Arbitrum$0
Base$0
Ethereum$0
Cumulative Perp Volume$26.428b
Arbitrum$14.003b
Ethereum$12.333b
Base$92.31m
Total Raised$5.55m
Apr 20, 2022$5.55mRound: Strategic Private SaleInvestors: Arrington XRP Capital, CMT Digital, New Form, GSR, gumi Cryptos Capital, Space Whale Capital, New Form Capital, C2 Ventures, Next Chymia, NxGen, Tegan Kline, Aaron Choi, Nico Arqueros, John O'Connor, Joeri van Geelen
Protocol Information
IPOR (Inter Protocol Over-block Rate) is a DeFi permissionless interest rate index used by IPOR Protocol (an interest rate derivative DEX). IPOR Protocol allows users to hedge their exposure by leveraging non-custodian on-chain interest rate swaps.
Audits:
Methodology
TVL: Counts the tokens locked in the AMM contracts to be used as collateral to Interest Rate Swaps derivatives, counts tokens provided as a liquidity to Liquidity Pool, counts interest gathered via Asset Manager in external protocols.View code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubYields
Pools Tracked6
Average Supply APY3.46%
Competitors
IPOR Derivatives history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Aug 17, 2022 to Oct 27, 2026.
All-time high TVL: $43.63m on Mar 3, 2023. All-time low TVL: $91,781 on Aug 17, 2022.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $509,561 |
| Sep 29, 2026 | $508,983 |
| Sep 30, 2026 | $508,068 |
| Oct 1, 2026 | $508,619 |
| Oct 2, 2026 | $509,961 |
| Oct 3, 2026 | $508,278 |
| Oct 4, 2026 | $509,260 |
| Oct 5, 2026 | $511,299 |
| Oct 6, 2026 | $510,464 |
| Oct 7, 2026 | $509,687 |
| Oct 8, 2026 | $502,542 |
| Oct 9, 2026 | $497,117 |
| Oct 10, 2026 | $497,798 |
| Oct 11, 2026 | $498,979 |
| Oct 12, 2026 | $500,439 |
| Oct 13, 2026 | $494,891 |
| Oct 14, 2026 | $499,074 |
| Oct 15, 2026 | $493,917 |
| Oct 16, 2026 | $495,350 |
| Oct 17, 2026 | $494,210 |
| Oct 18, 2026 | $493,270 |
| Oct 19, 2026 | $493,696 |
| Oct 20, 2026 | $493,018 |
| Oct 21, 2026 | $495,755 |
| Oct 22, 2026 | $497,431 |
| Oct 23, 2026 | $491,850 |
| Oct 24, 2026 | $491,487 |
| Oct 25, 2026 | $490,874 |
| Oct 26, 2026 | $488,864 |
| Oct 27, 2026 | $488,528 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $8.16m |
| Dec 31, 2024 | $7.26m |
| Jan 31, 2025 | $7.56m |
| Feb 28, 2025 | $6.54m |
| Mar 31, 2025 | $5.27m |
| Apr 30, 2025 | $4.44m |
| May 31, 2025 | $3.38m |
| Jun 30, 2025 | $3.12m |
| Jul 31, 2025 | $3.57m |
| Aug 31, 2025 | $3.69m |
| Sep 30, 2025 | $3.44m |
| Oct 31, 2025 | $3.14m |
| Nov 30, 2025 | $2.63m |
| Dec 31, 2025 | $2.56m |
| Jan 31, 2026 | $2.14m |
| Feb 28, 2026 | $1.77m |
| Mar 31, 2026 | $1.61m |
| Apr 30, 2026 | $1.59m |
| May 31, 2026 | $1.46m |
| Jun 30, 2026 | $1.06m |
| Jul 31, 2026 | $626,768 |
| Aug 31, 2026 | $676,390 |
| Sep 30, 2026 | $508,068 |
| Oct 27, 2026 (latest) | $488,528 |
TVL at each year end, Dec 31, 2022 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2022 | $1.81m |
| Dec 31, 2023 | $12.55m |
| Dec 31, 2024 | $7.26m |
| Dec 31, 2025 | $2.56m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/ipor-derivatives
Frequently asked questions
What is IPOR Derivatives' TVL?
As of Oct 27, 2026, IPOR Derivatives has $489,890 in total value locked. TVL has decreased 11.8% over the past 30 days.
What chains does IPOR Derivatives operate on?
IPOR Derivatives operates on 3 chains: Arbitrum, Ethereum, and Base. Arbitrum holds the largest share at 50.7%.
How does IPOR Derivatives' TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, IPOR Derivatives ranks #63 by TVL. The category holds $1.972b across 426 protocols, and IPOR Derivatives accounts for <0.1% of that total. Similar protocols include Apex Omni, Aevo Perps, Contango V2, Derive V2, Vest Markets, Lynx, Tristero Margin, Defx, Primex Finance, and Satori Perp.
How much perpetual futures volume does IPOR Derivatives process?
IPOR Derivatives processed $0 in perpetual futures volume over the past 30 days.