Ask about Neverland · freeTotal Value Locked$6.48m
TVL by Chain
Monad$6.48m
Key Metrics
Fees 30d$46,248
Fees 30d by chain
Monad$46,248
Fees 7d$13,082
Monad$13,082
Fees 24h$1,768
Monad$1,768
Cumulative Fees$3.53m
Monad$3.53m
Revenue 30d$15,456
Revenue 30d by chain
Monad$15,456
Revenue 7d$4,449
Monad$4,449
Revenue 24h$635
Monad$635
Cumulative Revenue$1.54m
Monad$1.54m
Holders Revenue 30d$33,648
Holders Revenue 30d by chain
Monad$33,648
Holders Revenue 7d$7,154
Monad$7,154
Holders Revenue 24h$286
Monad$286
Cumulative Holders Revenue$1.43m
Monad$1.43m
Incentives 1y$4.58m
Incentives 30d$59,771
Incentives 7d$14,408
Incentives 24h$927.70
Cumulative Incentives$4.58m
Earnings (Annualized)-$2.91m
Earnings 30d-$44,315
Earnings 7d-$9,959
Earnings 24h-$292.70
Cumulative Earnings-$3.04m
Cumulative Collateral Liquidated$20,666
Cumulative Collateral Liquidated by chain
Monad$20,666
Market Cap$54,916
$DUST Price$0.017
Fully Diluted Valuation$1.64m
Outstanding FDV$1.27m
$DUST Volume 24h$336.71
CEX Volume$0
DEX Volume$189.24(56.2% of total)
Staked$182,165(331.72% of mcap)
Active Loans$12.01m
Protocol Information
Neverland is a next-generation, Monad-native lending protocol fusing the most secure, battle-tested lending technology with proprietary veTokenomics that allow users to direct 100% of protocol revenue. Featuring self-repaying loans, flexible and tradable governance locks, and automated yield strategies, each designed to maximize capital efficiency and long-term alignment
Audits:
Methodology
TVL: TVL includes Aave V3 lending pools. Staking tracks DUST locked in veDUST for governance and incentives. Borrowed amounts track debt across all lending markets.View code on GitHubFees: All fees generated by the protocol: borrower interest across lending markets, flashloan premiums, liquidation penalties, and veDUST NFT sale royalties.View code on GitHubRevenue: Revenue retained by the Neverland protocol from lending operations and veDUST NFT sale royalties.View code on GitHubHolders Revenue: Governance-directed revenue sharing. veDUST revenue distributions are recognized when notified on-chain and DUST buybacks on the day they reach Neverland's Revenue wallet.View code on GitHubCollateral Liquidated: USD value of collateral seized during protocol liquidationsView code on GitHubIncentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Yields
Pools Tracked21
Average Supply APY10.17%
User Activity
Active Addresses (24h)160
Transactions (24h)605
Competitors
Neverland history
TVL is the default DefiLlama definition, which excludes Staking and Active Loans. Daily values are UTC snapshots from Nov 25, 2025 to Oct 27, 2026.
All-time high TVL: $45.55m on May 27, 2026. All-time low TVL: $531,035 on Nov 25, 2025.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $7.77m |
| Sep 29, 2026 | $7.27m |
| Sep 30, 2026 | $6.57m |
| Oct 1, 2026 | $6.89m |
| Oct 2, 2026 | $7.34m |
| Oct 3, 2026 | $8.2m |
| Oct 4, 2026 | $8.49m |
| Oct 5, 2026 | $8.52m |
| Oct 6, 2026 | $8.31m |
| Oct 7, 2026 | $8.1m |
| Oct 8, 2026 | $7.94m |
| Oct 9, 2026 | $7.77m |
| Oct 10, 2026 | $7.81m |
| Oct 11, 2026 | $7.85m |
| Oct 12, 2026 | $8.04m |
| Oct 13, 2026 | $7.81m |
| Oct 14, 2026 | $7.83m |
| Oct 15, 2026 | $7.77m |
| Oct 16, 2026 | $7.6m |
| Oct 17, 2026 | $7.58m |
| Oct 18, 2026 | $7.24m |
| Oct 19, 2026 | $7.2m |
| Oct 20, 2026 | $7.16m |
| Oct 21, 2026 | $7.26m |
| Oct 22, 2026 | $7.18m |
| Oct 23, 2026 | $6.51m |
| Oct 24, 2026 | $6.52m |
| Oct 25, 2026 | $6.49m |
| Oct 26, 2026 | $6.45m |
| Oct 27, 2026 | $6.7m |
TVL at each month end, Nov 2025 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2025 | $739,431 |
| Dec 31, 2025 | $8.99m |
| Jan 31, 2026 | $23.62m |
| Feb 28, 2026 | $25.66m |
| Mar 31, 2026 | $36.99m |
| Apr 30, 2026 | $37.95m |
| May 31, 2026 | $44.56m |
| Jun 30, 2026 | $34.66m |
| Jul 31, 2026 | $15.67m |
| Aug 31, 2026 | $12.08m |
| Sep 30, 2026 | $6.57m |
| Oct 27, 2026 (latest) | $6.7m |
Fees, revenue and holders revenue by UTC calendar month, Nov 2025 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2025 | $1,143 | $316.06 | $1,500 |
| Dec 2025 | $55,995 | $26,248 | $36,231 |
| Jan 2026 | $398,763 | $190,847 | $181,597 |
| Feb 2026 | $490,586 | $213,479 | $193,660 |
| Mar 2026 | $580,262 | $245,207 | $181,826 |
| Apr 2026 | $717,704 | $291,043 | $273,049 |
| May 2026 | $663,653 | $279,931 | $212,745 |
| Jun 2026 | $438,439 | $220,194 | $188,404 |
| Jul 2026 | $69,033 | $30,494 | $72,699 |
| Aug 2026 | $37,651 | $14,956 | $29,965 |
| Sep 2026 | $36,539 | $13,622 | $27,341 |
| Oct 2026 (to date) | $44,140 | $14,502 | $27,785 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/neverland
Frequently asked questions
What is Neverland's TVL?
As of Oct 27, 2026, Neverland has $6.48m in total value locked. TVL has decreased 13.4% over the past 30 days.
What chains does Neverland operate on?
Neverland operates on Monad. Monad holds the largest share at 100%.
How much has Neverland generated in fees and revenue?
Over the past 30 days, Neverland generated $46,248 in fees. Of that, $15,456 was protocol revenue. Based on the trailing year, the annualized rate is $3.83m in fees and $1.67m in revenue.
What is the DUST token price and valuation?
DUST is currently trading at $0.017. Its circulating market capitalization is $54,914, ranking it #7,283. Its fully diluted valuation is $1.64m. Supply currently stands at 3.24m circulating, 96.57m total supply, 100m maximum supply.
How has DUST performed recently?
DUST is down 3.2% over the past 7 days and down 39.3% over the past 30 days. Its all-time high is $1.08, reached on Jan 6, 2026. The token is currently 98.4% below that level.
How does Neverland's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Neverland ranks #74 by TVL. The category holds $52.413b across 518 protocols, and Neverland accounts for <0.1% of that total. Similar protocols include Aave V3, Morpho Blue, Euler V2, Curvance, Gearbox, Folks Finance xChain, Sumer.money, TownSquare Lending, Covenant, and Peridot.
How much has been borrowed through Neverland?
As of Oct 27, 2026, Neverland has $12.01m in active loans.