Total Value Locked$232,123
TVL by Chain
Manta$205,363
zkLink Nova$25,027
Mode$1,308
WEMIX3.0$369.11
Kaia$44.65
BOB$11.66
Fuse$0.00001
Kroma$0
BSquared$0
Metis$0
Key Metrics
Fees 30d$162,943
Fees 30d by chain
Manta$162,943
WEMIX3.0$0
Fees 7d$55,003
Manta$55,003
WEMIX3.0$0
Fees 24h$22,727
Manta$22,727
WEMIX3.0$0
Cumulative Fees$766,416
Manta$721,032
WEMIX3.0$45,384
Revenue 30d$146,648
Revenue 30d by chain
Manta$146,648
WEMIX3.0$0
Revenue 7d$49,503
Manta$49,503
WEMIX3.0$0
Revenue 24h$20,454
Manta$20,454
WEMIX3.0$0
Cumulative Revenue$542,102
Manta$519,585
WEMIX3.0$22,517
Holders Revenue 30d$146,648
Holders Revenue 30d by chain
Manta$146,648
WEMIX3.0$0
Holders Revenue 7d$49,503
Manta$49,503
WEMIX3.0$0
Holders Revenue 24h$20,454
Manta$20,454
WEMIX3.0$0
Cumulative Holders Revenue$542,102
Manta$519,585
WEMIX3.0$22,517
Active Loans$3,545
Protocol Information
LST Collaterizable Leverage Lending Protocol maximizing yield or utilize asset for better opporunity
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Total interest paid by borrowersView code on GitHubRevenue: Protocol's share of interest treasuryView code on GitHubHolders Revenue: Share of interest into protocol governance token holders.View code on GitHubCompetitors
Shoebill V2 history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from Sep 21, 2023 to Oct 27, 2026.
All-time high TVL: $85.44m on Jan 22, 2024. All-time low TVL: $8,225 on Oct 2, 2023.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $271,084 |
| Sep 29, 2026 | $267,080 |
| Sep 30, 2026 | $266,613 |
| Oct 1, 2026 | $267,087 |
| Oct 2, 2026 | $268,028 |
| Oct 3, 2026 | $268,272 |
| Oct 4, 2026 | $267,585 |
| Oct 5, 2026 | $269,546 |
| Oct 6, 2026 | $268,093 |
| Oct 7, 2026 | $269,421 |
| Oct 8, 2026 | $255,786 |
| Oct 9, 2026 | $247,316 |
| Oct 10, 2026 | $246,632 |
| Oct 11, 2026 | $250,386 |
| Oct 12, 2026 | $253,665 |
| Oct 13, 2026 | $243,226 |
| Oct 14, 2026 | $250,638 |
| Oct 15, 2026 | $241,872 |
| Oct 16, 2026 | $242,673 |
| Oct 17, 2026 | $256,450 |
| Oct 18, 2026 | $255,179 |
| Oct 19, 2026 | $238,749 |
| Oct 20, 2026 | $254,561 |
| Oct 21, 2026 | $243,291 |
| Oct 22, 2026 | $244,348 |
| Oct 23, 2026 | $234,818 |
| Oct 24, 2026 | $233,886 |
| Oct 25, 2026 | $244,573 |
| Oct 26, 2026 | $227,897 |
| Oct 27, 2026 | $226,279 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $13.26m |
| Dec 31, 2024 | $10.63m |
| Jan 31, 2025 | $9.46m |
| Feb 28, 2025 | $7.23m |
| Mar 31, 2025 | $4.05m |
| Apr 30, 2025 | $1.58m |
| May 31, 2025 | $1.6m |
| Jun 30, 2025 | $1.45m |
| Jul 31, 2025 | $1.82m |
| Aug 31, 2025 | $1.76m |
| Sep 30, 2025 | $1.28m |
| Oct 31, 2025 | $1.34m |
| Nov 30, 2025 | $963,529 |
| Dec 31, 2025 | $823,100 |
| Jan 31, 2026 | $752,201 |
| Feb 28, 2026 | $630,498 |
| Mar 31, 2026 | $605,924 |
| Apr 30, 2026 | $675,923 |
| May 31, 2026 | $408,286 |
| Jun 30, 2026 | $282,514 |
| Jul 31, 2026 | $327,619 |
| Aug 28, 2026 | $394,519 |
| Sep 30, 2026 | $266,613 |
| Oct 27, 2026 (latest) | $226,279 |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $29.09m |
| Dec 31, 2024 | $10.63m |
| Dec 31, 2025 | $823,100 |
Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $3,182 | $1,882 | $1,882 |
| Dec 2024 | $2,988 | $1,733 | $1,733 |
| Jan 2025 | $1,824 | $911 | $911 |
| Feb 2025 | $1,060 | $533 | $533 |
| Mar 2025 | $856 | $428 | $428 |
| Apr 2025 | $558 | $282 | $282 |
| May 2025 | $775 | $388 | $388 |
| Jun 2025 | $718 | $359 | $359 |
| Jul 2025 | $819 | $413 | $413 |
| Aug 2025 | $1,001 | $500 | $500 |
| Sep 2025 | $1,079 | $538 | $538 |
| Oct 2025 | $905 | $451 | $451 |
| Nov 2025 | $664 | $332 | $332 |
| Dec 2025 | $673 | $344 | $344 |
| Jan 2026 | $632 | $318 | $318 |
| Feb 2026 | $337 | $170 | $170 |
| Mar 2026 | $491 | $259 | $259 |
| Apr 2026 | $289 | $162 | $162 |
| May 2026 | $79,824 | $71,832 | $71,832 |
| Jun 2026 | $19,084 | $17,176 | $17,176 |
| Jul 2026 | $18,950 | $17,058 | $17,058 |
| Aug 2026 | $26,797 | $24,116 | $24,116 |
| Sep 2026 | $108,193 | $97,376 | $97,376 |
| Oct 2026 (to date) | $167,651 | $150,884 | $150,884 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/shoebill-v2
Frequently asked questions
What is Shoebill V2's TVL?
As of Oct 27, 2026, Shoebill V2 has $232,123 in total value locked. TVL has decreased 13.3% over the past 30 days.
What chains does Shoebill V2 operate on?
Shoebill V2 operates on 10 chains: Manta, zkLink Nova, Mode, WEMIX3.0, and Kaia and 5 others. Manta holds the largest share at 88.5%.
How much has Shoebill V2 generated in fees and revenue?
Over the past 30 days, Shoebill V2 generated $162,943 in fees. Of that, $146,648 was protocol revenue. Based on the trailing year, the annualized rate is $400,996 in fees and $359,642 in revenue.
How does Shoebill V2's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Shoebill V2 ranks #175 by TVL. The category holds $52.236b across 518 protocols, and Shoebill V2 accounts for <0.1% of that total. Similar protocols include LayerBank, Avalon Finance, Morpho Blue, Sumer.money, Segment Finance, Aave V3, Euler V2, BiFi, ZeroLend Lending, and TermMax.
How much has been borrowed through Shoebill V2?
As of Oct 27, 2026, Shoebill V2 has $3,545 in active loans.