Logo of Spectra V1

Spectra V1(SPECTRA)

Total Value Locked$185,068

TVL by Chain

Polygon$163,234

Ethereum$21,834

Key Metrics

Total Raised$2.6m

Nov 14, 2022$2.6mRound: SeedInvestors: Greenfield Capital

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Protocol Information

Speculate on the evolution of the yield generated by different DeFi protocols. Hedge your risk on your passive revenue, converting it into futures. Tokenise the yield generated by your interest-bearing tokens. APWine splits your interest-bearing assets into Principal Tokens and Future Yield Tokens. Sell your APYs ahead of time. Claim your yield at maturity.

Methodology

TVL: Use the registry to retrieve futureVaults, and get for each vault the IBT which is the token that this vault holds - the user locked collateralView code on GitHub

Competitors

Spectra V1 history

TVL is the default DefiLlama definition, which excludes Pool2. Daily values are UTC snapshots from Dec 27, 2021 to Oct 27, 2026.

All-time high TVL: $9.12m on Apr 22, 2022. All-time low TVL: $27,194 on Feb 23, 2026.

Daily TVL, Sep 28, 2026 to Oct 27, 2026

DateTVL
Sep 28, 2026$195,096
Sep 29, 2026$61,903
Sep 30, 2026$61,293
Oct 1, 2026$71,147
Oct 2, 2026$193,168
Oct 3, 2026$70,166
Oct 4, 2026$191,553
Oct 5, 2026$71,868
Oct 6, 2026$196,219
Oct 7, 2026$193,564
Oct 8, 2026$178,767
Oct 9, 2026$187,159
Oct 10, 2026$191,135
Oct 11, 2026$206,248
Oct 12, 2026$56,677
Oct 13, 2026$189,561
Oct 14, 2026$190,117
Oct 15, 2026$188,231
Oct 16, 2026$188,385
Oct 17, 2026$189,982
Oct 18, 2026$190,416
Oct 19, 2026$62,047
Oct 20, 2026$50,851
Oct 21, 2026$194,727
Oct 22, 2026$63,503
Oct 23, 2026$193,466
Oct 24, 2026$62,366
Oct 25, 2026$130,627
Oct 26, 2026$61,204
Oct 27, 2026$184,742

TVL at each month end, Nov 2024 to Oct 2026

DateTVL
Nov 30, 2024$234,343
Dec 31, 2024$221,244
Jan 31, 2025$220,565
Feb 28, 2025$204,467
Mar 31, 2025$199,577
Apr 30, 2025$204,923
May 31, 2025$174,285
Jun 30, 2025$179,655
Jul 31, 2025$183,571
Aug 31, 2025$196,059
Sep 30, 2025$85,523
Oct 31, 2025$180,314
Nov 30, 2025$180,633
Dec 31, 2025$180,634
Jan 31, 2026$178,499
Feb 28, 2026$172,912
Mar 31, 2026$174,703
Apr 30, 2026$178,323
May 31, 2026$148,426
Jun 30, 2026$140,296
Jul 31, 2026$161,828
Aug 31, 2026$167,914
Sep 30, 2026$61,293
Oct 27, 2026 (latest)$184,742

TVL at each year end, Dec 31, 2021 to Dec 31, 2025

DateTVL
Dec 31, 2021$1.24m
Dec 31, 2022$773,670
Dec 31, 2023$223,825
Dec 31, 2024$221,244
Dec 31, 2025$180,634

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/spectra-v1

Frequently asked questions

What is Spectra V1's TVL?

As of Oct 27, 2026, Spectra V1 has $185,068 in total value locked. TVL has decreased 5.1% over the past 30 days.

What chains does Spectra V1 operate on?

Spectra V1 operates on 2 chains: Polygon and Ethereum. Polygon holds the largest share at 88.2%.

How does Spectra V1's TVL compare to similar protocols?

Among Yield Aggregator protocols tracked by DefiLlama, Spectra V1 ranks #60 by TVL. The category holds $1.246b across 191 protocols, and Spectra V1 accounts for <0.1% of that total. Similar protocols include Yearn Finance, Beefy, Vesper, vfat.io, Harvest Finance, Superform, Badger DAO, Pickle, Idle, and Teahouse Managed.