Ask about Minerva · freeMinerva(MINE)
Total Value Locked$10,474
TVL by Chain
OP Mainnet$10,474
The chart plots Staking as its own series; it is not part of the TVL above.
Key Metrics
Staked$0
Protocol Information
Minerva is a decentralized perpetuals exchange on Optimism. Trading is supported by a unique multi-asset pool that earns liquidity providers fees from market making, swap fees and leverage trading.
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubCompetitors
Minerva history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Jun 2, 2023 to Oct 27, 2026.
All-time high TVL: $226,375 on Jun 10, 2023. All-time low TVL: $125 on Jun 2, 2023.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $10,763 |
| Sep 29, 2026 | $10,730 |
| Sep 30, 2026 | $10,751 |
| Oct 1, 2026 | $10,777 |
| Oct 2, 2026 | $10,866 |
| Oct 3, 2026 | $10,838 |
| Oct 4, 2026 | $10,854 |
| Oct 5, 2026 | $10,979 |
| Oct 6, 2026 | $10,913 |
| Oct 7, 2026 | $10,900 |
| Oct 8, 2026 | $10,693 |
| Oct 9, 2026 | $10,620 |
| Oct 10, 2026 | $10,654 |
| Oct 11, 2026 | $10,689 |
| Oct 12, 2026 | $10,745 |
| Oct 13, 2026 | $10,669 |
| Oct 14, 2026 | $10,727 |
| Oct 15, 2026 | $10,505 |
| Oct 16, 2026 | $10,606 |
| Oct 17, 2026 | $10,571 |
| Oct 18, 2026 | $10,570 |
| Oct 19, 2026 | $10,614 |
| Oct 20, 2026 | $10,581 |
| Oct 21, 2026 | $10,680 |
| Oct 22, 2026 | $10,644 |
| Oct 23, 2026 | $10,544 |
| Oct 24, 2026 | $10,520 |
| Oct 25, 2026 | $10,493 |
| Oct 26, 2026 | $10,402 |
| Oct 27, 2026 | $10,431 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $15,317 |
| Dec 31, 2024 | $14,344 |
| Jan 31, 2025 | $15,034 |
| Feb 28, 2025 | $12,716 |
| Mar 31, 2025 | $12,083 |
| Apr 30, 2025 | $13,161 |
| May 31, 2025 | $13,941 |
| Jun 30, 2025 | $14,342 |
| Jul 31, 2025 | $15,567 |
| Aug 31, 2025 | $14,944 |
| Sep 30, 2025 | $15,269 |
| Oct 31, 2025 | $14,547 |
| Nov 30, 2025 | $12,660 |
| Dec 31, 2025 | $12,138 |
| Jan 31, 2026 | $11,713 |
| Feb 28, 2026 | $9,426 |
| Mar 31, 2026 | $9,519 |
| Apr 30, 2026 | $10,169 |
| May 31, 2026 | $9,990 |
| Jun 30, 2026 | $8,790 |
| Jul 31, 2026 | $9,139 |
| Aug 31, 2026 | $10,315 |
| Sep 30, 2026 | $10,751 |
| Oct 27, 2026 (latest) | $10,431 |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $11,773 |
| Dec 31, 2024 | $14,344 |
| Dec 31, 2025 | $12,138 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/minerva
Frequently asked questions
What is Minerva's TVL?
As of Oct 27, 2026, Minerva has $10,474 in total value locked. TVL has decreased 3.2% over the past 30 days.
What chains does Minerva operate on?
Minerva operates on OP Mainnet. OP Mainnet holds the largest share at 100%.
How does Minerva's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Minerva ranks #161 by TVL. The category holds $1.972b across 426 protocols, and Minerva accounts for <0.1% of that total. Similar protocols include Aevo Perps, MUX Perps, Contango V2, ApeX Pro, Perpetual Protocol, Pika, Derive V2, Vest Markets, Lynx, and Pika V4.