Total Value Locked$521,562
TVL by Chain
Ethereum$203,988
Arbitrum$174,876
Base$87,303
BSC$55,396
Key Metrics
Fees 30d$2,801
Fees 30d by chain
Ethereum$2,546
Base$246.75
Arbitrum$9.26
BSC$0
Fees 7d$1,226
Ethereum$1,215
Base$8
Arbitrum$3.04
BSC$0
Fees 24h$0
Arbitrum$0
Base$0
BSC$0
Ethereum$0
Cumulative Fees$29.5m
Arbitrum$16.99m
BSC$9.65m
Ethereum$2.65m
Base$211,692
Revenue 30d$2,801
Revenue 30d by chain
Ethereum$2,546
Base$246.75
Arbitrum$9.26
BSC$0
Revenue 7d$1,226
Ethereum$1,215
Base$8
Arbitrum$3.04
BSC$0
Revenue 24h$0
Arbitrum$0
Base$0
BSC$0
Ethereum$0
Cumulative Revenue$22.14m
Arbitrum$12.75m
BSC$7.24m
Ethereum$1.99m
Base$162,181
Holders Revenue 30d$1,679
Holders Revenue 30d by chain
Ethereum$1,526
Base$147.85
Arbitrum$5.55
BSC$0
Holders Revenue 7d$734.34
Ethereum$728
Base$4.80
Arbitrum$1.82
BSC$0
Holders Revenue 24h$0
Arbitrum$0
Base$0
BSC$0
Ethereum$0
Cumulative Holders Revenue$17.7m
Arbitrum$10.19m
BSC$5.79m
Ethereum$1.59m
Base$127,007
Active Loans$249,136
Protocol Information
Radiant v2 introduces a migration to the LayerZero OFT format, improving cross-chain fee sharing, enabling faster launches on additional chains, and allowing native ownership of bridging contracts. This update addresses utility exchange concerns and eligibility for RDNT emissions by implementing changes to core protocol mechanics, emissions, utility, and enhancing cross-chain functionality
Audits:
Methodology
TVL: Counts the tokens locked in the contracts to be used as collateral to borrow or to earn yield. Borrowed coins are not counted towards the TVL, so only the coins actually locked in the contracts are counted. There's multiple reasons behind this but one of the main ones is to avoid inflating the TVL through cycled lending.View code on GitHubFees: Platform fees collected by Radiant (reserve-factor cut of borrow interest) and routed through MiddleFeeDistribution.View code on GitHubRevenue: All platform fees are kept by the protocol (split between the operationExpenses treasury and dLP lockers).View code on GitHubHolders Revenue: Remaining platform fees forwarded to MultiFeeDistribution and distributed to dLP lockers.View code on GitHubHacks
Date: Jan 2, 2024
Amount: $4.5m
Classification: Token & Share Accounting
Technique: Rounding Error
Chains: Arbitrum
Language: Solidity
Target Type: DeFi Protocol
Date: Oct 16, 2024
Amount: $50m
Classification: Social Engineering
Technique: Blind Signing
Chains: BSC, Arbitrum
Language: Solidity
Target Type: DeFi Protocol
Competitors
Radiant V2 history
TVL is the default DefiLlama definition, which excludes Active Loans and Pool2. Daily values are UTC snapshots from Mar 19, 2023 to Oct 28, 2026.
All-time high TVL: $386.38m on Dec 9, 2023. All-time low TVL: $517,661 on Oct 27, 2026.
Daily TVL, Sep 29, 2026 to Oct 28, 2026
| Date | TVL |
|---|---|
| Sep 29, 2026 | $722,390 |
| Sep 30, 2026 | $719,067 |
| Oct 1, 2026 | $722,155 |
| Oct 2, 2026 | $727,500 |
| Oct 3, 2026 | $602,052 |
| Oct 4, 2026 | $601,205 |
| Oct 5, 2026 | $587,221 |
| Oct 6, 2026 | $586,236 |
| Oct 7, 2026 | $584,754 |
| Oct 8, 2026 | $567,130 |
| Oct 9, 2026 | $550,344 |
| Oct 10, 2026 | $550,399 |
| Oct 11, 2026 | $553,920 |
| Oct 12, 2026 | $560,338 |
| Oct 13, 2026 | $545,826 |
| Oct 14, 2026 | $552,864 |
| Oct 15, 2026 | $540,319 |
| Oct 16, 2026 | $543,585 |
| Oct 17, 2026 | $538,867 |
| Oct 18, 2026 | $534,146 |
| Oct 19, 2026 | $535,924 |
| Oct 20, 2026 | $533,860 |
| Oct 21, 2026 | $542,153 |
| Oct 22, 2026 | $545,345 |
| Oct 23, 2026 | $529,562 |
| Oct 24, 2026 | $525,412 |
| Oct 25, 2026 | $522,457 |
| Oct 26, 2026 | $518,007 |
| Oct 27, 2026 | $517,661 |
| Oct 28, 2026 | $520,710 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $3.11m |
| Dec 31, 2024 | $4.39m |
| Jan 31, 2025 | $4.1m |
| Feb 28, 2025 | $2.24m |
| Mar 31, 2025 | $1.7m |
| Apr 17, 2025 | $1.6m |
| May 31, 2025 | $3.65m |
| Jun 30, 2025 | $3.57m |
| Jul 31, 2025 | $4.16m |
| Aug 31, 2025 | $4.18m |
| Sep 30, 2025 | $3.93m |
| Oct 31, 2025 | $5.68m |
| Nov 30, 2025 | $7.16m |
| Dec 31, 2025 | $5.29m |
| Jan 31, 2026 | $4.49m |
| Feb 28, 2026 | $2.2m |
| Mar 31, 2026 | $1.88m |
| Apr 30, 2026 | $1.52m |
| May 31, 2026 | $1.02m |
| Jun 30, 2026 | $605,227 |
| Jul 31, 2026 | $616,435 |
| Aug 31, 2026 | $680,092 |
| Sep 30, 2026 | $719,067 |
| Oct 28, 2026 (latest) | $520,710 |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $303.07m |
| Dec 31, 2024 | $4.39m |
| Dec 31, 2025 | $5.29m |
Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $62,190 | $46,637 | $37,310 |
| Dec 2024 | $19,484 | $14,611 | $11,689 |
| Jan 2025 | $30,223 | $25,690 | $18,133 |
| Feb 2025 | $15,375 | $13,078 | $9,227 |
| Mar 2025 | $12,102 | $10,290 | $7,265 |
| Apr 2025 | $8,377 | $7,120 | $5,022 |
| May 2025 | $16,216 | $13,781 | $9,727 |
| Jun 2025 | $3,505 | $2,987 | $2,107 |
| Jul 2025 | $2,787 | $2,361 | $1,671 |
| Aug 2025 | $4,455 | $3,790 | $2,674 |
| Sep 2025 | $3,784 | $3,216 | $2,270 |
| Oct 2025 | $3,062 | $2,602 | $1,840 |
| Nov 2025 | $9,034 | $7,681 | $5,419 |
| Dec 2025 | $14,147 | $12,023 | $8,488 |
| Jan 2026 | $12,745 | $10,828 | $7,651 |
| Feb 2026 | $3,600 | $3,061 | $2,161 |
| Mar 2026 | $2,400 | $2,033 | $1,439 |
| Apr 2026 | $1,240 | $1,050 | $744 |
| May 2026 | $636.50 | $539.89 | $382.17 |
| Jun 2026 | $569.81 | $534.75 | $341.76 |
| Jul 2026 | $321.50 | $321.50 | $193.47 |
| Aug 2026 | $648.05 | $648.05 | $390.40 |
| Sep 2026 | $1,928 | $1,928 | $1,156 |
| Oct 2026 (to date) | $2,799 | $2,799 | $1,677 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/radiant-v2
Frequently asked questions
What is Radiant V2's TVL?
As of Oct 28, 2026, Radiant V2 has $521,562 in total value locked. TVL has decreased 28.1% over the past 30 days.
What chains does Radiant V2 operate on?
Radiant V2 operates on 4 chains: Ethereum, Arbitrum, Base, and BSC. Ethereum holds the largest share at 39.1%.
How much has Radiant V2 generated in fees and revenue?
Over the past 30 days, Radiant V2 generated $2,801 in fees. Of that, $2,801 was protocol revenue. Based on the trailing year, the annualized rate is $50,770 in fees and $44,045 in revenue.
How does Radiant V2's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Radiant V2 ranks #152 by TVL. The category holds $52.593b across 518 protocols, and Radiant V2 accounts for <0.1% of that total. Similar protocols include Aave V3, Morpho Blue, Venus Core Pool, Euler V2, Native Credit Pool, Unitus, Folks Finance xChain, OmniBTC, Avalon Finance, and Teller.
How much has been borrowed through Radiant V2?
As of Oct 28, 2026, Radiant V2 has $249,136 in active loans.
Has Radiant V2 ever been exploited?
Radiant V2 has 2 recorded security incidents. The most recent incident occurred on Oct 16, 2024 and involved $50m. It was classified as Social Engineering.