Kelpie

Total Value Locked$38,061

TVL by Chain

Sui$38,061

Protocol Information

Automated concentrated-liquidity vaults on Sui. Each user gets their own vault holding one CLMM position on SuiDex V3 or Cetus; Kelpie re-ranges it at the same width against the price and compounds the fees. Non-custodial: the vault's owner cap sits in the user's wallet.

X/Twitter

Category:Liquidity Manager

Methodology

TVL: TVL is the value of every live Kelpie vault: its concentrated-liquidity position on SuiDex V3 or Cetus, converted to token amounts at the pool's current price, plus the idle balances the vault holds. The positions sit in those DEX pools, so this is also counted in their TVL.

Competitors

Kamino Liquidity ($70.94m)Arrakis Modular ($57.86m)Kodiak Islands ($36.61m)Steer Protocol ($16.25m)Snuggle ($12.3m)ACryptoS ($10.53m)Arcadia V2 ($6.41m)ICHI ($6.29m)TheDeep ($4.78m)Gamma ($2.87m)

Kelpie history

TVL is the default DefiLlama definition. Daily values are UTC snapshots from Sep 16, 2026 to Oct 27, 2026.

All-time high TVL: $65,602 on Oct 2, 2026. All-time low TVL: $26,376 on Sep 16, 2026.

Daily TVL, Sep 28, 2026 to Oct 27, 2026

Date	TVL
Sep 28, 2026	$63,165
Sep 29, 2026	$61,525
Sep 30, 2026	$62,605
Oct 1, 2026	$64,952
Oct 2, 2026	$65,602
Oct 3, 2026	$60,216
Oct 4, 2026	$63,314
Oct 5, 2026	$60,643
Oct 6, 2026	$61,190
Oct 7, 2026	$57,982
Oct 8, 2026	$57,279
Oct 9, 2026	$52,889
Oct 10, 2026	$54,335
Oct 11, 2026	$55,565
Oct 12, 2026	$54,380
Oct 13, 2026	$51,339
Oct 14, 2026	$46,684
Oct 15, 2026	$43,623
Oct 16, 2026	$44,141
Oct 17, 2026	$43,116
Oct 18, 2026	$42,930
Oct 19, 2026	$41,487
Oct 20, 2026	$41,051
Oct 21, 2026	$39,886
Oct 22, 2026	$42,034
Oct 23, 2026	$41,870
Oct 24, 2026	$40,103
Oct 25, 2026	$39,906
Oct 26, 2026	$38,711
Oct 27, 2026	$38,360

TVL at each month end, Sep 2026 to Oct 2026

Date	TVL
Sep 30, 2026	$62,605
Oct 27, 2026 (latest)	$38,360

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/kelpie

Frequently asked questions

What is Kelpie's TVL?

As of Oct 27, 2026, Kelpie has $38,061 in total value locked. TVL has decreased 34.8% over the past 30 days.

What chains does Kelpie operate on?

Kelpie operates on Sui. Sui holds the largest share at 100%.

How does Kelpie's TVL compare to similar protocols?

Among Liquidity Manager protocols tracked by DefiLlama, Kelpie ranks #36 by TVL. The category holds $237.37m across 69 protocols, and Kelpie accounts for <0.1% of that total. Similar protocols include Kamino Liquidity, Arrakis Modular, Kodiak Islands, Steer Protocol, Snuggle, ACryptoS, Arcadia V2, ICHI, TheDeep, and Gamma.