Monetrix
Total Value Locked$4.69m
TVL by Chain
Hyperliquid L1$4.69m
Key Metrics
Fees 30d$19,526
Fees 30d by chain
Hyperliquid L1$19,526
Fees 7d$3,603
Hyperliquid L1$3,603
Fees 24h$642
Hyperliquid L1$642
Cumulative Fees$96,822
Hyperliquid L1$96,822
Revenue 30d$2,944
Revenue 30d by chain
Hyperliquid L1$2,944
Revenue 7d$544.48
Hyperliquid L1$544.48
Revenue 24h$96.50
Hyperliquid L1$96.50
Cumulative Revenue$11,878
Hyperliquid L1$11,878
Protocol Information
Monetrix is the first fully on-chain funding-driven yield-bearing stable token, native to Hyperliquid.
- Monetrix USDMBasis Trading
- Monetrix mxHYPEBasis Trading
- Monetrix mxBTCBasis Trading
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
Yields
Pools Tracked2
Average Supply APY2.82%
Competitors
Monetrix history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jun 11, 2026 to Oct 27, 2026.
All-time high TVL: $4.95m on Oct 6, 2026. All-time low TVL: $1.19m on Jun 11, 2026.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $4.64m |
| Sep 29, 2026 | $4.6m |
| Sep 30, 2026 | $4.6m |
| Oct 1, 2026 | $4.68m |
| Oct 2, 2026 | $4.64m |
| Oct 3, 2026 | $4.72m |
| Oct 4, 2026 | $4.76m |
| Oct 5, 2026 | $4.89m |
| Oct 6, 2026 | $4.95m |
| Oct 7, 2026 | $4.92m |
| Oct 8, 2026 | $4.85m |
| Oct 9, 2026 | $4.74m |
| Oct 10, 2026 | $4.74m |
| Oct 11, 2026 | $4.78m |
| Oct 12, 2026 | $4.68m |
| Oct 13, 2026 | $4.54m |
| Oct 14, 2026 | $4.61m |
| Oct 15, 2026 | $4.56m |
| Oct 16, 2026 | $4.68m |
| Oct 17, 2026 | $4.62m |
| Oct 18, 2026 | $4.55m |
| Oct 19, 2026 | $4.85m |
| Oct 20, 2026 | $4.87m |
| Oct 21, 2026 | $4.91m |
| Oct 22, 2026 | $4.89m |
| Oct 23, 2026 | $4.74m |
| Oct 24, 2026 | $4.71m |
| Oct 25, 2026 | $4.7m |
| Oct 26, 2026 | $4.63m |
| Oct 27, 2026 | $4.66m |
TVL at each month end, Jun 2026 to Oct 2026
| Date | TVL |
|---|---|
| Jun 30, 2026 | $2.49m |
| Jul 31, 2026 | $2.66m |
| Aug 31, 2026 | $4.17m |
| Sep 30, 2026 | $4.6m |
| Oct 27, 2026 (latest) | $4.66m |
Fees and revenue by UTC calendar month, Jun 2026 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Jun 2026 | $11,243 | $982.55 |
| Jul 2026 | $18,968 | $1,898 |
| Aug 2026 | $25,715 | $2,841 |
| Sep 2026 | $23,250 | $3,494 |
| Oct 2026 (to date) | $18,542 | $2,797 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/monetrix
Frequently asked questions
What is Monetrix's TVL?
As of Oct 27, 2026, Monetrix has $4.69m in total value locked. TVL has increased 1.6% over the past 30 days.
What chains does Monetrix operate on?
Monetrix operates on Hyperliquid L1. Hyperliquid L1 holds the largest share at 100%.
How much has Monetrix generated in fees and revenue?
Over the past 30 days, Monetrix generated $19,526 in fees. Of that, $2,944 was protocol revenue. Based on the trailing year, the annualized rate is $256,087 in fees and $31,416 in revenue.
How does Monetrix's TVL compare to similar protocols?
Among Basis Trading protocols tracked by DefiLlama, Monetrix ranks #22 by TVL. The category holds $7.568b across 39 protocols, and Monetrix accounts for 0.1% of that total. Similar protocols include Liminal Basis, Ethena USDe, Falcon Finance, BitFi Basis, Solv Basis Trading, Solstice, Aster USDF, Tori Finance, Axis, and ZEROBASE CeDeFi.
How many yield pools does Monetrix have?
DefiLlama tracks 2 Monetrix yield pools with an average APY of 2.8%.

