Protocol Information
Liquid Staking 2.0 - Stake to the validator of your choice and earn staking rewards. Use your validator specific LSTs in DeFi.
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubHacks
Date: Apr 7, 2025
Amount: $10,850
Classification: Protocol Logic
Technique: Unknown
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Competitors
Tenderize V2 history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Feb 1, 2024 to Oct 27, 2026.
All-time high TVL: $22.99m on Mar 15, 2024. All-time low TVL: $258,491 on Sep 16, 2026.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $369,981 |
| Sep 29, 2026 | $343,743 |
| Sep 30, 2026 | $342,134 |
| Oct 1, 2026 | $340,243 |
| Oct 2, 2026 | $324,085 |
| Oct 3, 2026 | $323,842 |
| Oct 4, 2026 | $332,945 |
| Oct 5, 2026 | $331,439 |
| Oct 6, 2026 | $335,797 |
| Oct 7, 2026 | $337,034 |
| Oct 8, 2026 | $319,009 |
| Oct 9, 2026 | $314,931 |
| Oct 10, 2026 | $322,337 |
| Oct 11, 2026 | $321,045 |
| Oct 12, 2026 | $327,559 |
| Oct 13, 2026 | $299,956 |
| Oct 14, 2026 | $314,891 |
| Oct 15, 2026 | $306,935 |
| Oct 16, 2026 | $306,419 |
| Oct 17, 2026 | $300,881 |
| Oct 18, 2026 | $292,565 |
| Oct 19, 2026 | $285,180 |
| Oct 20, 2026 | $282,978 |
| Oct 21, 2026 | $290,858 |
| Oct 22, 2026 | $292,583 |
| Oct 23, 2026 | $274,540 |
| Oct 24, 2026 | $272,438 |
| Oct 25, 2026 | $269,842 |
| Oct 26, 2026 | $268,401 |
| Oct 27, 2026 | $272,318 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $16.87m |
| Dec 31, 2024 | $13.73m |
| Jan 31, 2025 | $11.64m |
| Feb 28, 2025 | $7.68m |
| Mar 31, 2025 | $5.35m |
| Apr 30, 2025 | $5.07m |
| May 31, 2025 | $8.52m |
| Jun 30, 2025 | $4.72m |
| Jul 31, 2025 | $4.67m |
| Aug 31, 2025 | $5.01m |
| Sep 30, 2025 | $4.67m |
| Oct 31, 2025 | $3.28m |
| Nov 30, 2025 | $2.8m |
| Dec 31, 2025 | $2.16m |
| Jan 31, 2026 | $801,580 |
| Feb 28, 2026 | $598,525 |
| Mar 31, 2026 | $510,109 |
| Apr 30, 2026 | $527,481 |
| May 31, 2026 | $493,465 |
| Jun 30, 2026 | $311,688 |
| Jul 31, 2026 | $301,538 |
| Aug 31, 2026 | $311,875 |
| Sep 30, 2026 | $342,134 |
| Oct 27, 2026 (latest) | $272,318 |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $13.73m |
| Dec 31, 2025 | $2.16m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/tenderize-v2
Frequently asked questions
What is Tenderize V2's TVL?
As of Oct 27, 2026, Tenderize V2 has $274,614 in total value locked. TVL has decreased 20.4% over the past 30 days.
What chains does Tenderize V2 operate on?
Tenderize V2 operates on 2 chains: Arbitrum and Ethereum. Arbitrum holds the largest share at 52.1%.
How does Tenderize V2's TVL compare to similar protocols?
Among Liquid Staking protocols tracked by DefiLlama, Tenderize V2 ranks #156 by TVL. The category holds $53.665b across 266 protocols, and Tenderize V2 accounts for <0.1% of that total. Similar protocols include ether.fi Stake, Accumulated Finance Liquid Staking, BakerFi, Tenderize V1, VaultLayer, Lido, Binance staked ETH, Rocket Pool, StakeWise V3, and Liquid Collective.
Has Tenderize V2 ever been exploited?
Tenderize V2 has 1 recorded security incident. The most recent incident occurred on Apr 7, 2025 and involved $10,850. It was classified as Protocol Logic.