Ask about Phoenix Bonds · freeProtocol Information
Phoenix Bonds is a principal-protected bonding platform that help protocols with liquidity-bootstrapping and provide perpetually-boosted yield to users. Phoenix Bonds can work with all yield bearing assets. The first version is launched for $LiNEAR, the staking derivative token of LiNEAR Protocol.
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubCompetitors
Phoenix Bonds history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Mar 2, 2023 to Oct 28, 2026.
All-time high TVL: $10.31m on Mar 15, 2024. All-time low TVL: $75,005 on Aug 19, 2026.
Daily TVL, Sep 29, 2026 to Oct 28, 2026
| Date | TVL |
|---|---|
| Sep 29, 2026 | $227,101 |
| Sep 30, 2026 | $237,749 |
| Oct 1, 2026 | $250,720 |
| Oct 2, 2026 | $226,750 |
| Oct 3, 2026 | $223,107 |
| Oct 4, 2026 | $228,700 |
| Oct 5, 2026 | $232,127 |
| Oct 6, 2026 | $251,141 |
| Oct 7, 2026 | $241,086 |
| Oct 8, 2026 | $251,217 |
| Oct 9, 2026 | $214,307 |
| Oct 10, 2026 | $232,427 |
| Oct 11, 2026 | $249,345 |
| Oct 12, 2026 | $277,849 |
| Oct 13, 2026 | $241,325 |
| Oct 14, 2026 | $237,827 |
| Oct 15, 2026 | $229,027 |
| Oct 16, 2026 | $247,402 |
| Oct 17, 2026 | $238,334 |
| Oct 18, 2026 | $230,416 |
| Oct 19, 2026 | $237,176 |
| Oct 20, 2026 | $227,405 |
| Oct 21, 2026 | $232,125 |
| Oct 22, 2026 | $248,534 |
| Oct 23, 2026 | $230,092 |
| Oct 24, 2026 | $219,079 |
| Oct 25, 2026 | $213,313 |
| Oct 26, 2026 | $216,693 |
| Oct 27, 2026 | $213,147 |
| Oct 28, 2026 | $220,129 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $3.86m |
| Dec 31, 2024 | $2.68m |
| Jan 31, 2025 | $2.37m |
| Feb 28, 2025 | $1.57m |
| Mar 31, 2025 | $1.32m |
| Apr 30, 2025 | $1.32m |
| May 31, 2025 | $1.25m |
| Jun 30, 2025 | $1.16m |
| Jul 31, 2025 | $1.36m |
| Aug 31, 2025 | $1.26m |
| Sep 30, 2025 | $1.45m |
| Oct 31, 2025 | $679,655 |
| Nov 30, 2025 | $417,166 |
| Dec 31, 2025 | $340,063 |
| Jan 31, 2026 | $297,856 |
| Feb 28, 2026 | $247,724 |
| Mar 31, 2026 | $266,400 |
| Apr 30, 2026 | $303,251 |
| May 31, 2026 | $510,941 |
| Jun 30, 2026 | $417,310 |
| Jul 31, 2026 | $78,866 |
| Aug 31, 2026 | $86,013 |
| Sep 30, 2026 | $237,749 |
| Oct 28, 2026 (latest) | $220,129 |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $4.93m |
| Dec 31, 2024 | $2.68m |
| Dec 31, 2025 | $340,063 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/phoenix-bonds
Frequently asked questions
What is Phoenix Bonds' TVL?
As of Oct 28, 2026, Phoenix Bonds has $221,338 in total value locked. TVL has decreased 13.1% over the past 30 days.
What chains does Phoenix Bonds operate on?
Phoenix Bonds operates on Near. Near holds the largest share at 100%.
How does Phoenix Bonds' TVL compare to similar protocols?
Among Yield Aggregator protocols tracked by DefiLlama, Phoenix Bonds ranks #57 by TVL. The category holds $1.246b across 191 protocols, and Phoenix Bonds accounts for <0.1% of that total. Similar protocols include CIAN Yield Layer, Fluid Lite, Yearn Finance, Beefy, Vesper, Meteora vaults, Kinetiq Earn, vfat.io, YO Protocol, and Lulo.