Protocol Information
Opyn offers European, cash-settled options that auto-exercise upon expiry.
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubCompetitors
Opyn Convexity history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Feb 11, 2020 to Oct 27, 2026.
All-time high TVL: $4.16m on Dec 25, 2020. All-time low TVL: $57,906 on Feb 17, 2020.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $626,212 |
| Sep 29, 2026 | $628,845 |
| Sep 30, 2026 | $628,024 |
| Oct 1, 2026 | $628,279 |
| Oct 2, 2026 | $632,362 |
| Oct 3, 2026 | $626,302 |
| Oct 4, 2026 | $628,008 |
| Oct 5, 2026 | $636,437 |
| Oct 6, 2026 | $634,211 |
| Oct 7, 2026 | $629,931 |
| Oct 8, 2026 | $601,547 |
| Oct 9, 2026 | $579,559 |
| Oct 10, 2026 | $582,596 |
| Oct 11, 2026 | $585,951 |
| Oct 12, 2026 | $593,611 |
| Oct 13, 2026 | $569,977 |
| Oct 14, 2026 | $587,226 |
| Oct 15, 2026 | $568,283 |
| Oct 16, 2026 | $572,262 |
| Oct 17, 2026 | $567,674 |
| Oct 18, 2026 | $564,456 |
| Oct 19, 2026 | $566,241 |
| Oct 20, 2026 | $561,000 |
| Oct 21, 2026 | $573,720 |
| Oct 22, 2026 | $574,472 |
| Oct 23, 2026 | $561,141 |
| Oct 24, 2026 | $555,885 |
| Oct 25, 2026 | $553,375 |
| Oct 26, 2026 | $547,152 |
| Oct 27, 2026 | $545,482 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $876,513 |
| Dec 31, 2024 | $821,432 |
| Jan 31, 2025 | $795,173 |
| Feb 28, 2025 | $574,227 |
| Mar 31, 2025 | $461,519 |
| Apr 30, 2025 | $460,448 |
| May 31, 2025 | $628,677 |
| Jun 30, 2025 | $622,171 |
| Jul 31, 2025 | $921,223 |
| Aug 31, 2025 | $1.05m |
| Sep 30, 2025 | $1.01m |
| Oct 31, 2025 | $921,336 |
| Nov 30, 2025 | $732,218 |
| Dec 31, 2025 | $725,578 |
| Jan 31, 2026 | $667,331 |
| Feb 28, 2026 | $489,792 |
| Mar 31, 2026 | $509,637 |
| Apr 30, 2026 | $541,914 |
| May 31, 2026 | $484,171 |
| Jun 30, 2026 | $381,288 |
| Jul 31, 2026 | $454,058 |
| Aug 31, 2026 | $570,201 |
| Sep 30, 2026 | $628,024 |
| Oct 27, 2026 (latest) | $545,482 |
TVL at each year end, Dec 31, 2020 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2020 | $4m |
| Dec 31, 2021 | $1.06m |
| Dec 31, 2022 | $345,852 |
| Dec 31, 2023 | $583,937 |
| Dec 31, 2024 | $821,432 |
| Dec 31, 2025 | $725,578 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/opyn-convexity
Frequently asked questions
What is Opyn Convexity's TVL?
As of Oct 27, 2026, Opyn Convexity has $550,563 in total value locked. TVL has decreased 12.8% over the past 30 days.
What chains does Opyn Convexity operate on?
Opyn Convexity operates on Ethereum. Ethereum holds the largest share at 100%.
How does Opyn Convexity's TVL compare to similar protocols?
Among Options protocols tracked by DefiLlama, Opyn Convexity ranks #10 by TVL. The category holds $205.6m across 74 protocols, and Opyn Convexity accounts for 0.3% of that total. Similar protocols include Derive V3 Options, Hegic, Panoptic V2, Ribbon Earn, Opyn Gamma, SOFA.org, Siren, Pods Finance, Cega V1, and FinNexus.