Ask about Thaw · freeTotal Value Locked$11,099
TVL by Chain
Hyperliquid L1$11,099
Key Metrics
Fees 30d-$1.65
Fees 30d by chain
Hyperliquid L1$12.76
Fees 7d$2.98
Hyperliquid L1$2.98
Fees 24h$0
Hyperliquid L1$0
Cumulative Fees$676.78
Hyperliquid L1$848.50
Revenue 30d-$1.65
Revenue 30d by chain
Hyperliquid L1$12.76
Revenue 7d$2.98
Hyperliquid L1$2.98
Revenue 24h$0
Hyperliquid L1$0
Cumulative Revenue$676.78
Hyperliquid L1$848.50
DEX Volume 30d$137.07
DEX Volume 30d by chain
Hyperliquid L1$137.07
DEX Volume 7d$14
Hyperliquid L1$14
DEX Volume 24h$0
Hyperliquid L1$0
Cumulative DEX Volume$15,188
Hyperliquid L1$15,188
Protocol Information
Provably fair on-chain casino on HyperEVM with 6 games powered by Pyth Entropy for verifiable randomness
Audits:
Methodology
TVL: Thaw TVL is the HYPE held in the BankrollAndStaking contract, which serves as the house liquidity pool for all casino games. Liquidity providers deposit HYPE to earn yield from game outcomes across 6 on-chain games including Coin Flip, Range, Slots, Plinko, Rock Paper Scissors, and Baccarat. All games use Pyth Entropy for provably fair randomness.View code on GitHubFees: Gross gaming revenue (GGR): total wagers minus total payouts. Can be negative on days when players win more than they wager.View code on GitHubRevenue: Same as Fees. All bankroll liquidity is protocol-owned, so 100% of GGR accrues to the protocol.View code on GitHubDEX Volume: Total wager amount placed across all 6 on-chain casino game contracts on HyperEVM.View code on GitHubCompetitors
Thaw history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from May 8, 2026 to Oct 27, 2026.
All-time high TVL: $13,636 on Sep 23, 2026. All-time low TVL: $5,628 on May 14, 2026.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $12,692 |
| Sep 29, 2026 | $12,161 |
| Sep 30, 2026 | $12,042 |
| Oct 1, 2026 | $12,501 |
| Oct 2, 2026 | $12,310 |
| Oct 3, 2026 | $12,520 |
| Oct 4, 2026 | $12,571 |
| Oct 5, 2026 | $12,635 |
| Oct 6, 2026 | $13,237 |
| Oct 7, 2026 | $12,745 |
| Oct 8, 2026 | $12,370 |
| Oct 9, 2026 | $11,835 |
| Oct 10, 2026 | $11,783 |
| Oct 11, 2026 | $11,952 |
| Oct 12, 2026 | $12,236 |
| Oct 13, 2026 | $11,523 |
| Oct 14, 2026 | $11,541 |
| Oct 15, 2026 | $11,001 |
| Oct 16, 2026 | $11,428 |
| Oct 17, 2026 | $11,245 |
| Oct 18, 2026 | $11,027 |
| Oct 19, 2026 | $11,127 |
| Oct 20, 2026 | $11,148 |
| Oct 21, 2026 | $11,372 |
| Oct 22, 2026 | $11,052 |
| Oct 23, 2026 | $10,917 |
| Oct 24, 2026 | $10,724 |
| Oct 25, 2026 | $10,739 |
| Oct 26, 2026 | $10,608 |
| Oct 27, 2026 | $11,003 |
TVL at each month end, May 2026 to Oct 2026
| Date | TVL |
|---|---|
| May 31, 2026 | $9,692 |
| Jun 30, 2026 | $9,270 |
| Jul 31, 2026 | $7,854 |
| Aug 31, 2026 | $11,278 |
| Sep 30, 2026 | $12,042 |
| Oct 27, 2026 (latest) | $11,003 |
Fees and revenue by UTC calendar month, Apr 2026 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Apr 2026 | $98 | $98 |
| May 2026 | $465.85 | $465.85 |
| Jun 2026 | $78.87 | $78.87 |
| Jul 2026 | $2.91 | $2.91 |
| Aug 2026 | $5.54 | $5.54 |
| Sep 2026 | $18.05 | $18.05 |
| Oct 2026 (to date) | $7.56 | $7.56 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/thaw
Frequently asked questions
What is Thaw's TVL?
As of Oct 27, 2026, Thaw has $11,099 in total value locked. TVL has decreased 15.2% over the past 30 days.
What chains does Thaw operate on?
Thaw operates on Hyperliquid L1. Hyperliquid L1 holds the largest share at 100%.
How much has Thaw generated in fees and revenue?
Over the past 30 days, Thaw generated -$1.65 in fees. Of that, -$1.65 was protocol revenue. Based on the trailing year, the annualized rate is $1,357 in fees and $1,357 in revenue.
How does Thaw's TVL compare to similar protocols?
Among Luck Games protocols tracked by DefiLlama, Thaw ranks #11 by TVL. The category holds $5.19m across 40 protocols, and Thaw accounts for 0.2% of that total. Similar protocols include EtherFlip, Fake World Assets V2, Ape Church, Fake World Assets V1, B-Lucky, Suigar, MegaMoon, DoubleUp, FerdyFlip, and NarBet.
How much trading volume does Thaw process?
Thaw processed $137.07 in DEX volume over the past 30 days.