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PBG(PBG)

Total Value Locked$35,906

TVL by Chain

Cardano$35,906

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Protocol Information

A DeFi platform on Cardano offering Decentralized Vault Portfolios (DVPs) for digital asset management, where the native PBG token represents fully backed shares of the reserve assets locked in the vault.

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors

PBG history

TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jul 25, 2025 to Oct 27, 2026.

All-time high TVL: $1.98m on Jan 29, 2026. All-time low TVL: $5,440 on Jul 1, 2026.

Daily TVL, Sep 28, 2026 to Oct 27, 2026

DateTVL
Sep 28, 2026$13,904
Sep 29, 2026$13,297
Sep 30, 2026$13,394
Oct 1, 2026$13,514
Oct 2, 2026$13,478
Oct 3, 2026$13,530
Oct 4, 2026$13,346
Oct 5, 2026$14,186
Oct 6, 2026$14,603
Oct 7, 2026$14,397
Oct 8, 2026$13,996
Oct 9, 2026$12,007
Oct 10, 2026$12,915
Oct 11, 2026$12,823
Oct 12, 2026$12,730
Oct 13, 2026$11,885
Oct 14, 2026$12,071
Oct 15, 2026$10,999
Oct 16, 2026$11,448
Oct 17, 2026$11,184
Oct 18, 2026$10,992
Oct 19, 2026$11,058
Oct 20, 2026$10,895
Oct 21, 2026$10,336
Oct 22, 2026$7,057
Oct 23, 2026$38,095
Oct 24, 2026$37,338
Oct 25, 2026$36,858
Oct 26, 2026$35,765
Oct 27, 2026$36,010

TVL at each month end, Jul 2025 to Oct 2026

DateTVL
Jul 31, 2025$1.64m
Aug 31, 2025$1.36m
Sep 30, 2025$1.24m
Oct 31, 2025$1.05m
Nov 30, 2025$801,025
Dec 31, 2025$1.01m
Jan 31, 2026$1.75m
Feb 28, 2026$1.73m
Mar 31, 2026$1.41m
Apr 30, 2026$812,072
May 31, 2026$59,775
Jun 30, 2026$8,111
Jul 31, 2026$6,436
Aug 31, 2026$7,382
Sep 30, 2026$13,394
Oct 27, 2026 (latest)$36,010

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/pbg

Frequently asked questions

What is PBG's TVL?

As of Oct 27, 2026, PBG has $35,906 in total value locked. TVL has increased 159.5% over the past 30 days.

What chains does PBG operate on?

PBG operates on Cardano. Cardano holds the largest share at 100%.

How does PBG's TVL compare to similar protocols?

Among Onchain Capital Allocator protocols tracked by DefiLlama, PBG ranks #59 by TVL. The category holds $9.331b across 85 protocols, and PBG accounts for <0.1% of that total. Similar protocols include Spark Liquidity Layer, Veda, Grove Finance, Concrete, Upshift, ether.fi Liquid, Mellow Core, Aera V3, Lagoon, and Avant avUSD.