Ask about Spine Finance · freeSpine Finance
Total Value Locked$4.45
TVL by Chain
Robinhood Chain$4.45
The chart plots Active Loans as its own series; it is not part of the TVL above.
Key Metrics
Active Loans$0
Protocol Information
Spine Finance is a Fixed-Rate Origination Infrastructure, created for the institutional-grade management of digital assets. Built on Ethereum and the EVM ecosystem, Spine introduces a hybrid liquidity architecture that bridges the gap between vault-based lending and orderbook-style term structures.
Audits:
Methodology
TVL: TVL is the idle USDG in the Spine vault, the vault's deposits in its ERC-4626 sub-vaults (currently Steakhouse USDG on Morpho), and the collateral posted in the borrow controller. Outstanding USDG loans are reported as borrowed.View code on GitHubCompetitors
Spine Finance history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from Sep 23, 2026 to Oct 27, 2026.
All-time high TVL: $42,358 on Sep 23, 2026. All-time low TVL: $4 on Oct 22, 2026.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $42,303 |
| Sep 29, 2026 | $42,206 |
| Sep 30, 2026 | $42,210 |
| Oct 1, 2026 | $42,254 |
| Oct 2, 2026 | $42,302 |
| Oct 3, 2026 | $42,342 |
| Oct 4, 2026 | $32,324 |
| Oct 5, 2026 | $32,390 |
| Oct 6, 2026 | $32,507 |
| Oct 7, 2026 | $32,508 |
| Oct 8, 2026 | $32,452 |
| Oct 9, 2026 | $32,301 |
| Oct 10, 2026 | $32,236 |
| Oct 11, 2026 | $32,238 |
| Oct 12, 2026 | $32,282 |
| Oct 13, 2026 | $32,137 |
| Oct 14, 2026 | $32,282 |
| Oct 15, 2026 | $25,246 |
| Oct 16, 2026 | $25,243 |
| Oct 17, 2026 | $25,247 |
| Oct 18, 2026 | $25,249 |
| Oct 19, 2026 | $25,256 |
| Oct 20, 2026 | $25,262 |
| Oct 21, 2026 | $25,272 |
| Oct 22, 2026 | $4 |
| Oct 23, 2026 | $4 |
| Oct 24, 2026 | $4 |
| Oct 25, 2026 | $4 |
| Oct 26, 2026 | $4 |
| Oct 27, 2026 | $4 |
TVL at each month end, Sep 2026 to Oct 2026
| Date | TVL |
|---|---|
| Sep 30, 2026 | $42,210 |
| Oct 27, 2026 (latest) | $4 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/spine-finance
Frequently asked questions
What is Spine Finance's TVL?
As of Oct 27, 2026, Spine Finance has $4.45 in total value locked. TVL has decreased 100% over the past 30 days.
What chains does Spine Finance operate on?
Spine Finance operates on Robinhood Chain. Robinhood Chain holds the largest share at 100%.
How does Spine Finance's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Spine Finance ranks #459 by TVL. The category holds $52.236b across 518 protocols, and Spine Finance accounts for <0.1% of that total. Similar protocols include Morpho Blue, Native Credit Pool, LayerBank, Longbow, Kaskad, TermMax, Ripe Protocol, Flock Credit, Borro, and Zona.
How much has been borrowed through Spine Finance?
As of Oct 27, 2026, Spine Finance has $0 in active loans.