Ask about Sherlock · freeTotal Value Locked$228,271
TVL by Chain
Ethereum$228,271
Key Metrics
Total Raised$4m
Sep 14, 2022$4mRound: SeedInvestors: Archetype, The Spartan Group, Lattice Capital, CoinFund
Protocol Information
Sherlock is a risk management protocol whose mission is to make DeFi safe for the masses. Sherlock combines protocol-to-protocol coverage with a decentralized smart contract security team to bring large amounts of affordable coverage to DeFi and beyond
Audits:
Methodology
TVL: We count USDC that has been staked into the contracts (staking pool). Periodically USDC is swept into Aave, so we also count the aUSDC that is held (in a separate contract from the main contract).View code on GitHubCompetitors
Sherlock history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Sep 28, 2021 to Oct 27, 2026.
All-time high TVL: $31.75m on Sep 30, 2021. All-time low TVL: $228,249 on Oct 27, 2026.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $485,558 |
| Sep 29, 2026 | $485,619 |
| Sep 30, 2026 | $485,585 |
| Oct 1, 2026 | $485,559 |
| Oct 2, 2026 | $485,598 |
| Oct 3, 2026 | $485,638 |
| Oct 4, 2026 | $485,631 |
| Oct 5, 2026 | $485,626 |
| Oct 6, 2026 | $485,631 |
| Oct 7, 2026 | $485,604 |
| Oct 8, 2026 | $228,449 |
| Oct 9, 2026 | $228,431 |
| Oct 10, 2026 | $228,452 |
| Oct 11, 2026 | $228,448 |
| Oct 12, 2026 | $228,446 |
| Oct 13, 2026 | $228,448 |
| Oct 14, 2026 | $228,488 |
| Oct 15, 2026 | $228,340 |
| Oct 16, 2026 | $228,310 |
| Oct 17, 2026 | $228,389 |
| Oct 18, 2026 | $228,360 |
| Oct 19, 2026 | $228,364 |
| Oct 20, 2026 | $228,378 |
| Oct 21, 2026 | $228,347 |
| Oct 22, 2026 | $228,352 |
| Oct 23, 2026 | $228,293 |
| Oct 24, 2026 | $228,326 |
| Oct 25, 2026 | $228,313 |
| Oct 26, 2026 | $228,334 |
| Oct 27, 2026 | $228,249 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $656,928 |
| Dec 31, 2024 | $656,300 |
| Jan 31, 2025 | $658,019 |
| Feb 28, 2025 | $660,726 |
| Mar 31, 2025 | $650,098 |
| Apr 30, 2025 | $638,362 |
| May 31, 2025 | $635,059 |
| Jun 30, 2025 | $515,509 |
| Jul 31, 2025 | $518,472 |
| Aug 31, 2025 | $521,251 |
| Sep 30, 2025 | $524,856 |
| Oct 31, 2025 | $526,029 |
| Nov 30, 2025 | $504,509 |
| Dec 31, 2025 | $504,371 |
| Jan 31, 2026 | $505,395 |
| Feb 28, 2026 | $506,445 |
| Mar 31, 2026 | $505,481 |
| Apr 30, 2026 | $505,285 |
| May 31, 2026 | $505,179 |
| Jun 30, 2026 | $504,869 |
| Jul 31, 2026 | $501,569 |
| Aug 31, 2026 | $501,517 |
| Sep 30, 2026 | $485,585 |
| Oct 27, 2026 (latest) | $228,249 |
TVL at each year end, Dec 31, 2021 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2021 | $31.12m |
| Dec 31, 2022 | $7.12m |
| Dec 31, 2023 | $1.56m |
| Dec 31, 2024 | $656,300 |
| Dec 31, 2025 | $504,371 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/sherlock
Frequently asked questions
What is Sherlock's TVL?
As of Oct 27, 2026, Sherlock has $228,271 in total value locked. TVL has decreased 53% over the past 30 days.
What chains does Sherlock operate on?
Sherlock operates on Ethereum. Ethereum holds the largest share at 100%.
How does Sherlock's TVL compare to similar protocols?
Among Insurance protocols tracked by DefiLlama, Sherlock ranks #10 by TVL. The category holds $175.45m across 33 protocols, and Sherlock accounts for 0.1% of that total. Similar protocols include Nexus Mutual, Easedefi.org, Unslashed, Ensuro, Cozy Earn, iTrust Finance, Cover Protocol, Ante Finance, InsurAce, and InsureDAO.