Ask about Keiko Finance · freeProtocol Information
Keiko is a permissionless borrowing protocol with dynamic interest rates and liquidation ratios on Hyperliquid
Audits:
Methodology
TVL: TVL consists of HYPE, wstHYPE, LHYPE, PURR and UBTC tokens deposited as collateral to mint KEI stablecoin in the protocol's vaultsView code on GitHubCompetitors
Keiko Finance history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Mar 27, 2025 to Oct 27, 2026.
All-time high TVL: $9.63m on May 6, 2025. All-time low TVL: $21 on Aug 19, 2026.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $367 |
| Sep 29, 2026 | $354 |
| Sep 30, 2026 | $353 |
| Oct 1, 2026 | $364 |
| Oct 2, 2026 | $360 |
| Oct 3, 2026 | $363 |
| Oct 4, 2026 | $366 |
| Oct 5, 2026 | $368 |
| Oct 6, 2026 | $384 |
| Oct 7, 2026 | $370 |
| Oct 8, 2026 | $360 |
| Oct 9, 2026 | $346 |
| Oct 10, 2026 | $344 |
| Oct 11, 2026 | $346 |
| Oct 12, 2026 | $354 |
| Oct 13, 2026 | $329 |
| Oct 14, 2026 | $334 |
| Oct 15, 2026 | $331 |
| Oct 16, 2026 | $331 |
| Oct 17, 2026 | $239 |
| Oct 18, 2026 | $236 |
| Oct 19, 2026 | $236 |
| Oct 20, 2026 | $236 |
| Oct 21, 2026 | $242 |
| Oct 22, 2026 | $240 |
| Oct 23, 2026 | $231 |
| Oct 24, 2026 | $230 |
| Oct 25, 2026 | $228 |
| Oct 26, 2026 | $227 |
| Oct 27, 2026 | $233 |
TVL at each month end, Mar 2025 to Oct 2026
| Date | TVL |
|---|---|
| Mar 31, 2025 | $2.2m |
| Apr 30, 2025 | $8.1m |
| May 31, 2025 | $4.69m |
| Jun 30, 2025 | $5.06m |
| Jul 31, 2025 | $1.92m |
| Aug 31, 2025 | $992,284 |
| Sep 30, 2025 | $697,996 |
| Oct 31, 2025 | $429,594 |
| Nov 30, 2025 | $261,828 |
| Dec 31, 2025 | $99,168 |
| Jan 31, 2026 | $119,766 |
| Feb 28, 2026 | $80,588 |
| Mar 31, 2026 | $91,055 |
| Apr 30, 2026 | $88,590 |
| May 31, 2026 | $153,028 |
| Jun 30, 2026 | $48,837 |
| Jul 31, 2026 | $19,631 |
| Aug 31, 2026 | $326 |
| Sep 30, 2026 | $353 |
| Oct 27, 2026 (latest) | $233 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/keiko-finance
Frequently asked questions
What is Keiko Finance's TVL?
As of Oct 27, 2026, Keiko Finance has $235.76 in total value locked. TVL has decreased 38% over the past 30 days.
What chains does Keiko Finance operate on?
Keiko Finance operates on Hyperliquid L1. Hyperliquid L1 holds the largest share at 100%.
How does Keiko Finance's TVL compare to similar protocols?
Among CDP protocols tracked by DefiLlama, Keiko Finance ranks #166 by TVL. The category holds $7.329b across 200 protocols, and Keiko Finance accounts for <0.1% of that total. Similar protocols include Reservoir Protocol, Felix CDP, Parallel Protocol V3, Delpho, Hyperstable CDP, HypeZion Finance, Sky Lending, USDD, Liquity V1, and crvUSD.