Ask about Pando · freeTotal Value Locked$17.96m
TVL by Chain
Mixin$17.96m
Key Metrics
Cumulative DEX Volume$821.25m
Cumulative DEX Volume by chain
Mixin$821.25m
Active Loans$365,756
Protocol Information
Pando is a set of open financial protocols which includes 3 major protocols: 1.Pando Lake/4swap: a decentralized protocol for automated liquidity provision built with the Mixin Trusted Group. 2.Pando Leaf: a decentralized financial network to minting stablecoins. 3.Pando Rings: a decentralized protocol where you can lend or borrow cryptocurrencies
- Pando LeafCDP
- Pando RingsLending
- 4SwapDexs
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
DEX Volume: Volume of all spot token swaps on the DEX
Hacks
Date: Nov 6, 2022
Protocol: Pando Rings
Amount: $22m
Classification: Oracle Manipulation
Technique: Spot Price Manipulation
Chains: Mixin
Language: Go
Target Type: DeFi Protocol
Pando history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from Dec 1, 2021 to Oct 22, 2026.
All-time high TVL: $374.12m on Jan 20, 2022. All-time low TVL: $16.59m on Jul 1, 2026.
Daily TVL, Sep 23, 2026 to Oct 22, 2026
| Date | TVL |
|---|---|
| Sep 23, 2026 | $17.97m |
| Sep 24, 2026 | $17.97m |
| Sep 25, 2026 | $17.96m |
| Sep 26, 2026 | $17.97m |
| Sep 27, 2026 | $17.97m |
| Sep 28, 2026 | $17.96m |
| Sep 29, 2026 | $17.96m |
| Sep 30, 2026 | $17.96m |
| Oct 1, 2026 | $17.96m |
| Oct 2, 2026 | $17.96m |
| Oct 3, 2026 | $17.97m |
| Oct 4, 2026 | $17.97m |
| Oct 5, 2026 | $17.97m |
| Oct 6, 2026 | $17.97m |
| Oct 7, 2026 | $17.97m |
| Oct 8, 2026 | $17.96m |
| Oct 9, 2026 | $17.96m |
| Oct 10, 2026 | $17.96m |
| Oct 11, 2026 | $17.95m |
| Oct 12, 2026 | $17.95m |
| Oct 13, 2026 | $17.95m |
| Oct 14, 2026 | $17.96m |
| Oct 15, 2026 | $17.95m |
| Oct 16, 2026 | $17.95m |
| Oct 17, 2026 | $17.95m |
| Oct 18, 2026 | $17.95m |
| Oct 19, 2026 | $17.95m |
| Oct 20, 2026 | $17.95m |
| Oct 21, 2026 | $17.96m |
| Oct 22, 2026 | $17.96m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $63.16m |
| Dec 31, 2024 | $51.85m |
| Jan 31, 2025 | $52.62m |
| Feb 28, 2025 | $44.77m |
| Mar 31, 2025 | $43.02m |
| Apr 30, 2025 | $44.84m |
| May 31, 2025 | $43.36m |
| Jun 30, 2025 | $43.27m |
| Jul 31, 2025 | $46.13m |
| Aug 31, 2025 | $42.61m |
| Sep 30, 2025 | $41.13m |
| Oct 31, 2025 | $33m |
| Nov 30, 2025 | $28.06m |
| Dec 31, 2025 | $27.25m |
| Jan 31, 2026 | $25.05m |
| Feb 28, 2026 | $20.33m |
| Mar 31, 2026 | $20.25m |
| Apr 30, 2026 | $22.03m |
| May 31, 2026 | $20.24m |
| Jun 30, 2026 | $17.05m |
| Jul 31, 2026 | $17.96m |
| Aug 31, 2026 | $17.97m |
| Sep 30, 2026 | $17.96m |
| Oct 22, 2026 (latest) | $17.96m |
TVL at each year end, Dec 31, 2021 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2021 | $335.34m |
| Dec 31, 2022 | $92.66m |
| Dec 31, 2023 | $67.74m |
| Dec 31, 2024 | $51.85m |
| Dec 31, 2025 | $27.25m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/pando
Frequently asked questions
What is Pando's TVL?
As of Oct 22, 2026, Pando has $17.96m in total value locked. TVL has decreased <0.1% over the past 30 days.
Which protocols are included in Pando?
Pando is a parent protocol whose tracked products include Pando Leaf, Pando Rings, and 4Swap.
How much has been borrowed through Pando?
As of Oct 22, 2026, Pando has $365,756 in active loans.
Has Pando ever been exploited?
Pando has 1 recorded security incident. The most recent incident occurred on Nov 6, 2022 and involved $22m. It was classified as Oracle Manipulation.