Total Value Locked$1.39m
TVL by Chain
Ethereum$1.37m
Robinhood Chain$17,978
Key Metrics
Fees 30d$3,474
Fees 30d by chain
Ethereum$3,471
Robinhood Chain$4.21
Fees 7d$158.32
Ethereum$157.01
Robinhood Chain$1.31
Fees 24h$16.06
Ethereum$16
Robinhood Chain$0.06
Cumulative Fees$14,776
Ethereum$14,770
Robinhood Chain$6.02
Revenue 30d$3,474
Revenue 30d by chain
Ethereum$3,471
Robinhood Chain$4.21
Revenue 7d$158.32
Ethereum$157.01
Robinhood Chain$1.31
Revenue 24h$16.06
Ethereum$16
Robinhood Chain$0.06
Cumulative Revenue$14,776
Ethereum$14,770
Robinhood Chain$6.02
Options Premium Volume 30d$12,481
Options Premium Volume 7d$3,572
Options Premium Volume 24h$588
Cumulative Options Premium Volume$51,697
Options Notional Volume 30d$21.53m
Options Notional Volume 7d$1.14m
Options Notional Volume 24h$83,395
Cumulative Options Notional Volume$90.1m
Protocol Information
Panoptic is the first on-chain, permissionless options protocol, revolutionizing trading and liquidity provision.
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: All protocol and builder commissions charged by Panoptic V2 during the UTC day.View code on GitHubRevenue: All Panoptic V2 protocol and builder commissions. Builder commissions currently belong to the Panoptic protocol, so revenue equals fees.View code on GitHubOptions Premium Volume: Sum of value paid buying and selling options on the exchangeView code on GitHubOptions Notional Volume: Sum of the notional value of all options that have been traded on the exchangeView code on GitHubCompetitors
Panoptic V2 history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jun 19, 2026 to Oct 29, 2026.
All-time high TVL: $2.46m on Sep 21, 2026. All-time low TVL: $42,937 on Oct 12, 2026.
Daily TVL, Sep 30, 2026 to Oct 29, 2026
| Date | TVL |
|---|---|
| Sep 30, 2026 | $2.15m |
| Oct 1, 2026 | $2.15m |
| Oct 2, 2026 | $2.17m |
| Oct 3, 2026 | $2.22m |
| Oct 4, 2026 | $2.22m |
| Oct 5, 2026 | $2.25m |
| Oct 6, 2026 | $2.29m |
| Oct 7, 2026 | $2.28m |
| Oct 8, 2026 | $2.15m |
| Oct 9, 2026 | $142,921 |
| Oct 10, 2026 | $44,583 |
| Oct 11, 2026 | $44,340 |
| Oct 12, 2026 | $42,937 |
| Oct 13, 2026 | $128,046 |
| Oct 14, 2026 | $145,878 |
| Oct 15, 2026 | $1.2m |
| Oct 16, 2026 | $1.28m |
| Oct 17, 2026 | $1.3m |
| Oct 18, 2026 | $1.3m |
| Oct 19, 2026 | $1.32m |
| Oct 20, 2026 | $1.37m |
| Oct 21, 2026 | $1.43m |
| Oct 22, 2026 | $1.51m |
| Oct 23, 2026 | $1.36m |
| Oct 24, 2026 | $1.34m |
| Oct 25, 2026 | $1.37m |
| Oct 26, 2026 | $1.35m |
| Oct 27, 2026 | $1.35m |
| Oct 28, 2026 | $1.36m |
| Oct 29, 2026 | $1.38m |
TVL at each month end, Jun 2026 to Oct 2026
| Date | TVL |
|---|---|
| Jun 30, 2026 | $1.32m |
| Jul 31, 2026 | $2.02m |
| Aug 31, 2026 | $784,716 |
| Sep 30, 2026 | $2.15m |
| Oct 29, 2026 (latest) | $1.38m |
Fees and revenue by UTC calendar month, Apr 2026 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Apr 2026 | $1.23 | $1.23 |
| May 2026 | $34.50 | $34.50 |
| Jun 2026 | $817.51 | $817.51 |
| Jul 2026 | $1,814 | $1,814 |
| Aug 2026 | $3,576 | $3,576 |
| Sep 2026 | $5,418 | $5,418 |
| Oct 2026 (to date) | $3,115 | $3,115 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/panoptic-v2
Frequently asked questions
What is Panoptic V2's TVL?
As of Oct 29, 2026, Panoptic V2 has $1.39m in total value locked. TVL has decreased 37.5% over the past 30 days.
What chains does Panoptic V2 operate on?
Panoptic V2 operates on 2 chains: Ethereum and Robinhood Chain. Ethereum holds the largest share at 98.7%.
How much has Panoptic V2 generated in fees and revenue?
Over the past 30 days, Panoptic V2 generated $3,474 in fees. Of that, $3,474 was protocol revenue. Based on the trailing year, the annualized rate is $26,181 in fees and $26,181 in revenue.
How does Panoptic V2's TVL compare to similar protocols?
Among Options protocols tracked by DefiLlama, Panoptic V2 ranks #4 by TVL. The category holds $204.98m across 74 protocols, and Panoptic V2 accounts for 0.7% of that total. Similar protocols include Thetanuts Finance, Derive V3 Options, Hegic, Ribbon Earn, Opyn Gamma, SOFA.org, Opyn Convexity, Siren, Pods Finance, and Cega V1.