Protocol Information
Tulpea is a decentralized credit infrastructure that enables onchain underwriting of real-world assets, allowing users to access structured debt and yield backed by cash-flowing assets like real estate. It replaces traditional banks by separating ownership and debt, using curated risk assessment and aligned incentives to offer transparent, overcollateralized, and amortizing lending opportunities
Audits:
Methodology
TVL: Calls totalAssets() on the TulpeaYieldVault (ERC4626 + ERC-7540) on MegaETH, which sums idle USDT0 in the vault plus each registered strategy's (AvonStrategy, RealEstateStrategy) totalAssets(), tracked via totalDebt and updated on processReport().View code on GitHubCompetitors
Tulpea history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Apr 17, 2026 to Oct 27, 2026.
All-time high TVL: $206,418 on May 5, 2026. All-time low TVL: $4,526 on Aug 31, 2026.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $0 |
| Sep 29, 2026 | $0 |
| Sep 30, 2026 | $0 |
| Oct 1, 2026 | $0 |
| Oct 2, 2026 | $0 |
| Oct 3, 2026 | $0 |
| Oct 4, 2026 | $0 |
| Oct 5, 2026 | $0 |
| Oct 6, 2026 | $0 |
| Oct 7, 2026 | $0 |
| Oct 8, 2026 | $0 |
| Oct 9, 2026 | $0 |
| Oct 10, 2026 | $0 |
| Oct 11, 2026 | $0 |
| Oct 12, 2026 | $0 |
| Oct 13, 2026 | $0 |
| Oct 14, 2026 | $0 |
| Oct 15, 2026 | $0 |
| Oct 16, 2026 | $0 |
| Oct 17, 2026 | $0 |
| Oct 18, 2026 | $0 |
| Oct 19, 2026 | $0 |
| Oct 20, 2026 | $0 |
| Oct 21, 2026 | $0 |
| Oct 22, 2026 | $0 |
| Oct 23, 2026 | $0 |
| Oct 24, 2026 | $0 |
| Oct 25, 2026 | $0 |
| Oct 26, 2026 | $0 |
| Oct 27, 2026 | $0 |
TVL at each month end, Apr 2026 to Oct 2026
| Date | TVL |
|---|---|
| Apr 30, 2026 | $203,274 |
| May 31, 2026 | $18,942 |
| Jun 30, 2026 | $10,247 |
| Jul 31, 2026 | $4,648 |
| Aug 31, 2026 | $4,526 |
| Sep 30, 2026 | $0 |
| Oct 27, 2026 (latest) | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/tulpea
Frequently asked questions
What is Tulpea's TVL?
As of Oct 27, 2026, Tulpea has $0 in total value locked.
What chains does Tulpea operate on?
Tulpea operates on MegaETH.
How does Tulpea's TVL compare to similar protocols?
Among Yield protocols tracked by DefiLlama, Tulpea ranks #557 by TVL. The category holds $4.615b across 570 protocols, and Tulpea accounts for 0% of that total. Similar protocols include Harbor, Avon MegaVault, Spark Savings, Pendle V2, Convex Finance, Stake DAO Yield, Avalon Superearn, Concentrator, Lorenzo sUSD1+, and Yuzu Money.