Total Value Locked$23.26m
TVL by Chain
Ethereum$23.25m
BSC$12,790
Lisk$3,358
Fraxtal$24.22
Monad$0
Key Metrics
Fees 30d$2.26m
Fees 30d by chain
Ethereum$1.96m
Lisk$265,809
BSC$28,349
Fraxtal$27
Monad$0
Fees 7d$500,894
Ethereum$484,250
BSC$13,277
Lisk$3,367
Fraxtal$0
Monad$0
Fees 24h$49,790
Ethereum$49,790
BSC$0
Fraxtal$0
Lisk$0
Monad$0
Cumulative Fees$10.87m
Ethereum$10.4m
Lisk$434,992
BSC$35,969
Monad$398
Fraxtal$27
Revenue 30d$153,553
Revenue 30d by chain
Ethereum$153,553
BSC$0
Fraxtal$0
Lisk$0
Monad$0
Revenue 7d$40,337
Ethereum$40,337
BSC$0
Fraxtal$0
Lisk$0
Monad$0
Revenue 24h$4,532
Ethereum$4,532
BSC$0
Fraxtal$0
Lisk$0
Monad$0
Cumulative Revenue$691,054
Ethereum$691,006
Monad$48
BSC$0
Fraxtal$0
Lisk$0
Protocol Information
Mellow Protocol is a permissionless system for active liquidity management and building trustless automatic DeFi strategies
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Fees generated from staking assets in LRT vaults.View code on GitHubRevenue: Protocol fees charged on Core vaultsView code on GitHubCompetitors
Mellow Restaking history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jun 11, 2024 to Oct 27, 2026.
All-time high TVL: $916.07m on Dec 7, 2024. All-time low TVL: $18.58m on Jul 1, 2026.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $26.42m |
| Sep 29, 2026 | $26.17m |
| Sep 30, 2026 | $26.28m |
| Oct 1, 2026 | $26.41m |
| Oct 2, 2026 | $26.45m |
| Oct 3, 2026 | $26.19m |
| Oct 4, 2026 | $26.31m |
| Oct 5, 2026 | $26.75m |
| Oct 6, 2026 | $26.59m |
| Oct 7, 2026 | $26.48m |
| Oct 8, 2026 | $25.46m |
| Oct 9, 2026 | $24.62m |
| Oct 10, 2026 | $24.83m |
| Oct 11, 2026 | $24.92m |
| Oct 12, 2026 | $25.26m |
| Oct 13, 2026 | $24.38m |
| Oct 14, 2026 | $24.84m |
| Oct 15, 2026 | $23.96m |
| Oct 16, 2026 | $24.4m |
| Oct 17, 2026 | $24.2m |
| Oct 18, 2026 | $23.95m |
| Oct 19, 2026 | $23.89m |
| Oct 20, 2026 | $23.78m |
| Oct 21, 2026 | $24.21m |
| Oct 22, 2026 | $24.61m |
| Oct 23, 2026 | $23.63m |
| Oct 24, 2026 | $23.52m |
| Oct 25, 2026 | $23.4m |
| Oct 26, 2026 | $23.21m |
| Oct 27, 2026 | $23.14m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $834.22m |
| Dec 31, 2024 | $663.42m |
| Jan 31, 2025 | $440.89m |
| Feb 28, 2025 | $311.01m |
| Mar 31, 2025 | $225.74m |
| Apr 30, 2025 | $223.51m |
| May 31, 2025 | $332.86m |
| Jun 30, 2025 | $303.32m |
| Jul 31, 2025 | $469.11m |
| Aug 31, 2025 | $446.42m |
| Sep 30, 2025 | $404.65m |
| Oct 31, 2025 | $340.98m |
| Nov 30, 2025 | $235.14m |
| Dec 31, 2025 | $287.55m |
| Jan 31, 2026 | $85.89m |
| Feb 28, 2026 | $60.16m |
| Mar 31, 2026 | $49.03m |
| Apr 30, 2026 | $41.8m |
| May 31, 2026 | $26.36m |
| Jun 30, 2026 | $19.06m |
| Jul 31, 2026 | $21.4m |
| Aug 31, 2026 | $24.9m |
| Sep 30, 2026 | $26.28m |
| Oct 27, 2026 (latest) | $23.14m |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $663.42m |
| Dec 31, 2025 | $287.55m |
Fees and revenue by UTC calendar month, Feb 2025 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Feb 2025 | $12,978 | $0 |
| Mar 2025 | $32,890 | $0 |
| Apr 2025 | $27,025 | $0 |
| May 2025 | $46,974 | $0 |
| Jun 2025 | $57,444 | $0 |
| Jul 2025 | $4,397 | $0 |
| Aug 2025 | $0 | $0 |
| Sep 2025 | $39,520 | $1 |
| Oct 2025 | $152,477 | $56 |
| Nov 2025 | $284,895 | $32,699 |
| Dec 2025 | $589,478 | $98,540 |
| Jan 2026 | $588,467 | $111,431 |
| Feb 2026 | $260,030 | $49,761 |
| Mar 2026 | $704,950 | $31,344 |
| Apr 2026 | $770,651 | $1,287 |
| May 2026 | $329,695 | $469 |
| Jun 2026 | $759,283 | $274.33 |
| Jul 2026 | $1.11m | $131,178 |
| Aug 2026 | $1.28m | $227 |
| Sep 2026 | $2.12m | $97,950 |
| Oct 2026 (to date) | $1.75m | $140,368 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/mellow-restaking
Frequently asked questions
What is Mellow Restaking's TVL?
As of Oct 27, 2026, Mellow Restaking has $23.26m in total value locked. TVL has decreased 12% over the past 30 days.
What chains does Mellow Restaking operate on?
Mellow Restaking operates on 5 chains: Ethereum, BSC, Lisk, Fraxtal, and Monad. Ethereum holds the largest share at 99.9%.
How much has Mellow Restaking generated in fees and revenue?
Over the past 30 days, Mellow Restaking generated $2.26m in fees. Of that, $153,553 was protocol revenue. Based on the trailing year, the annualized rate is $10.53m in fees and $692,902 in revenue.
How does Mellow Restaking's TVL compare to similar protocols?
Among Liquid Restaking protocols tracked by DefiLlama, Mellow Restaking ranks #7 by TVL. The category holds $1.193b across 27 protocols, and Mellow Restaking accounts for 2% of that total. Similar protocols include Renzo, Kelp, Mantle Restaking, Swell Liquid Restaking, Puffer Stake, Bedrock uniETH, InceptionLRT (Isolated Restaking), Eigenpie, King Protocol, and Neemo Finance.