Ask about Q Borrowing · freeProtocol Information
Q Borrowing, as an "Integrated Application" within the Q Protocol, blurs the traditional separation between blockchain and application layers by embedding governance directly into its framework, allowing Q Token Holders to earn fees generated by such applications and changing the economic model by distributing these fees to stakeholders, while enabling asset owners to borrow a stable coin, "QUSD" against collateral assets like wBTC, DAI, or USDC
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubCompetitors
Q Borrowing history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Mar 14, 2024 to Oct 28, 2026.
All-time high TVL: $402,197 on Jul 23, 2024. All-time low TVL: $6,191 on Jun 26, 2026.
Daily TVL, Sep 29, 2026 to Oct 28, 2026
| Date | TVL |
|---|---|
| Sep 29, 2026 | $8,674 |
| Sep 30, 2026 | $8,717 |
| Oct 1, 2026 | $8,761 |
| Oct 2, 2026 | $8,919 |
| Oct 3, 2026 | $8,844 |
| Oct 4, 2026 | $8,859 |
| Oct 5, 2026 | $9,033 |
| Oct 6, 2026 | $8,940 |
| Oct 7, 2026 | $8,936 |
| Oct 8, 2026 | $8,640 |
| Oct 9, 2026 | $8,546 |
| Oct 10, 2026 | $8,620 |
| Oct 11, 2026 | $8,665 |
| Oct 12, 2026 | $8,742 |
| Oct 13, 2026 | $8,567 |
| Oct 14, 2026 | $8,745 |
| Oct 15, 2026 | $8,480 |
| Oct 16, 2026 | $8,586 |
| Oct 17, 2026 | $8,514 |
| Oct 18, 2026 | $8,530 |
| Oct 19, 2026 | $8,596 |
| Oct 20, 2026 | $8,553 |
| Oct 21, 2026 | $8,677 |
| Oct 22, 2026 | $8,640 |
| Oct 23, 2026 | $8,534 |
| Oct 24, 2026 | $8,448 |
| Oct 25, 2026 | $8,441 |
| Oct 26, 2026 | $8,362 |
| Oct 27, 2026 | $8,330 |
| Oct 28, 2026 | $8,425 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $132,039 |
| Dec 31, 2024 | $55,697 |
| Jan 31, 2025 | $57,142 |
| Feb 28, 2025 | $46,226 |
| Mar 31, 2025 | $45,949 |
| Apr 30, 2025 | $47,242 |
| May 31, 2025 | $48,269 |
| Jun 30, 2025 | $48,713 |
| Jul 31, 2025 | $52,558 |
| Aug 31, 2025 | $51,342 |
| Sep 30, 2025 | $11,943 |
| Oct 31, 2025 | $11,362 |
| Nov 30, 2025 | $9,480 |
| Dec 31, 2025 | $9,233 |
| Jan 31, 2026 | $34,412 |
| Feb 28, 2026 | $21,167 |
| Mar 31, 2026 | $7,109 |
| Apr 30, 2026 | $7,930 |
| May 31, 2026 | $7,743 |
| Jun 30, 2026 | $6,240 |
| Jul 31, 2026 | $6,756 |
| Aug 31, 2026 | $8,160 |
| Sep 30, 2026 | $8,717 |
| Oct 28, 2026 (latest) | $8,425 |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $55,697 |
| Dec 31, 2025 | $9,233 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/q-borrowing
Frequently asked questions
What is Q Borrowing's TVL?
As of Oct 28, 2026, Q Borrowing has $8,458 in total value locked. TVL has decreased 3.1% over the past 30 days.
What chains does Q Borrowing operate on?
Q Borrowing operates on Q Protocol. Q Protocol holds the largest share at 100%.
How does Q Borrowing's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Q Borrowing ranks #321 by TVL. The category holds $52.2b across 517 protocols, and Q Borrowing accounts for <0.1% of that total. Similar protocols include Aave V3, Morpho Blue, SparkLend, JustLend V1, Maple, Hyperliquid Earn, Compound V3, Kamino Lend, Venus Core Pool, and Jupiter Lend.