Logo of PirexPirex(BTRFLY)
Total Value Locked$3.45m

TVL by Chain

Ethereum$3.38m

Arbitrum$69,099.61

Protocol Information

Pirex is a product by Redacted which creates liquid wrappers that allow for auto-compounding and the tokenization of future yield/vote events.

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Category:Yield

Audits:

Methodology

TVL: TVL = Total value of tokens locked in Pirex VaultsView code on GitHub

Competitors

Spark Savings ($1.287b)Pendle V2 ($1.24b)Convex Finance ($582.06m)Stake DAO Yield ($141.38m)AUTOfinance ($40.68m)Spectra V2 ($29.32m)Royco V2 ($21.57m)Equilibria ($13.66m)Aura ($9.4m)Toros ($7.52m)

Frequently Asked Questions

What is Pirex's TVL?

Pirex currently has $3.45m in total value locked. TVL has increased 14.7% over the past 30 days.

What chains does Pirex operate on?

Pirex operates on 2 chains: Arbitrum and Ethereum. Ethereum holds the largest share at 98%.

How does Pirex's TVL compare to similar protocols?

Among Yield protocols tracked by DefiLlama, Pirex ranks #48 by TVL. The category holds $4.59b across 585 protocols, and Pirex accounts for 0.1% of that total. Other leading protocols include Spark Savings, Pendle V2, Convex Finance, Stake DAO Yield, AUTOfinance, Spectra V2, Royco V2, Equilibria, Aura, and Toros.