Ask about PARE · freeProtocol Information
Yield splitting for Robinhood Chain Stock Tokens. A stock token is split into a principal token (the stock at a discount, redeems 1:1 at maturity) and a yield token (every dividend until maturity). Both trade on Uniswap v3; the principal token is collateral on Morpho Blue
Audits:
Methodology
TVL: Stock Tokens deposited in PARE StripVaults on Robinhood Chain, and yield-bearing dollars (sUSDx) deposited in PARE YieldVaults on Ethereum. Each vault holds what backs one series of principal (pToken) and yield (yToken) tokens until maturity.View code on GitHubYields
Pools Tracked3
Average Supply APY4.91%
Competitors
PARE history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Sep 19, 2026 to Oct 27, 2026.
All-time high TVL: $77,951 on Oct 23, 2026. All-time low TVL: $42,162 on Oct 2, 2026.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $48,634 |
| Sep 29, 2026 | $48,452 |
| Sep 30, 2026 | $48,860 |
| Oct 1, 2026 | $42,281 |
| Oct 2, 2026 | $42,162 |
| Oct 3, 2026 | $42,765 |
| Oct 4, 2026 | $42,772 |
| Oct 5, 2026 | $42,862 |
| Oct 6, 2026 | $44,123 |
| Oct 7, 2026 | $45,581 |
| Oct 8, 2026 | $44,809 |
| Oct 9, 2026 | $44,806 |
| Oct 10, 2026 | $44,904 |
| Oct 11, 2026 | $44,901 |
| Oct 12, 2026 | $44,792 |
| Oct 13, 2026 | $44,734 |
| Oct 14, 2026 | $44,545 |
| Oct 15, 2026 | $43,863 |
| Oct 16, 2026 | $70,916 |
| Oct 17, 2026 | $71,129 |
| Oct 18, 2026 | $71,285 |
| Oct 19, 2026 | $72,636 |
| Oct 20, 2026 | $72,707 |
| Oct 21, 2026 | $77,622 |
| Oct 22, 2026 | $77,697 |
| Oct 23, 2026 | $77,951 |
| Oct 24, 2026 | $77,726 |
| Oct 25, 2026 | $77,734 |
| Oct 26, 2026 | $77,655 |
| Oct 27, 2026 | $77,657 |
TVL at each month end, Sep 2026 to Oct 2026
| Date | TVL |
|---|---|
| Sep 30, 2026 | $48,860 |
| Oct 27, 2026 (latest) | $77,657 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/pare
Frequently asked questions
What is PARE's TVL?
As of Oct 27, 2026, PARE has $77,835 in total value locked. TVL has increased 68.7% over the past 30 days.
What chains does PARE operate on?
PARE operates on 2 chains: Robinhood Chain and Ethereum. Robinhood Chain holds the largest share at 61.4%.
How does PARE's TVL compare to similar protocols?
Among Interest Rate Derivatives protocols tracked by DefiLlama, PARE ranks #3 by TVL. The category holds $8.07m across 3 protocols, and PARE accounts for 1% of that total. Similar protocols include Rho X and Boros.
How many yield pools does PARE have?
DefiLlama tracks 3 PARE yield pools with an average APY of 4.9%.