Ask about USD AI · freeTotal Value Locked$268.47m
TVL by Chain
Arbitrum$268.47m
Key Metrics
Fees 30d$5.71m
Fees 30d by chain
Arbitrum$5.71m
Fees 7d$2.25m
Arbitrum$2.25m
Fees 24h$1.14m
Arbitrum$1.14m
Cumulative Fees$31.23m
Arbitrum$31.23m
Revenue 30d$570,879
Revenue 30d by chain
Arbitrum$570,879
Revenue 7d$225,482
Arbitrum$225,482
Revenue 24h$113,841
Arbitrum$113,841
Cumulative Revenue$7.92m
Arbitrum$7.92m
Holders Revenue 30d$0
Holders Revenue 30d by chain
Arbitrum$0
Holders Revenue 7d$0
Arbitrum$0
Holders Revenue 24h$0
Arbitrum$0
Cumulative Holders Revenue$0
Arbitrum$0
Incentives 1y$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$7.64m
Earnings 30d$570,879
Earnings 7d$225,482
Earnings 24h$113,841
Cumulative Earnings$7.92m
Market Cap$108.12m
$CHIP Price$0.054
Fully Diluted Valuation$540.62m
Outstanding FDV$433.58m
$CHIP Volume 24h$23.59m
CEX Volume$22.5m
DEX Volume$4.4m(18.67% of total)
Active Loans$310.47m
Total Raised$4m
Sep 22, 2025$4mRound: Investors: Bullish
Nov 17, 2025Round: Investors: Coinbase Ventures
Protocol Information
USD.AI is a yield-bearing synthetic dollar protocol backed by real-world infrastructure assets
Sub Category: Private Credit
Audits:
Methodology
TVL: TVL is calculated by summing the value of tokens held by the protocol and outstanding claimable yield. Outstanding loan principals are reported separately as borrowed.View code on GitHubFees: Total interest and admin fees collected from USDai's base token yield, GPU-financing yield, and escrow timelock yieldView code on GitHubRevenue: Admin fees going to protocol treasuryView code on GitHubHolders Revenue: View code on GitHubIncentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Yields
Pools Tracked1
Average Supply APY6.25%
Competitors
USD AI history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from May 19, 2025 to Oct 27, 2026.
All-time high TVL: $701.98m on Nov 22, 2025. All-time low TVL: $912,173 on May 20, 2025.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $216.87m |
| Sep 29, 2026 | $227.76m |
| Sep 30, 2026 | $243.36m |
| Oct 1, 2026 | $248.13m |
| Oct 2, 2026 | $344.16m |
| Oct 3, 2026 | $349.7m |
| Oct 4, 2026 | $324.86m |
| Oct 5, 2026 | $334.73m |
| Oct 6, 2026 | $338.76m |
| Oct 7, 2026 | $343.41m |
| Oct 8, 2026 | $344.43m |
| Oct 9, 2026 | $344.56m |
| Oct 10, 2026 | $346.19m |
| Oct 11, 2026 | $345.68m |
| Oct 12, 2026 | $346.4m |
| Oct 13, 2026 | $347.3m |
| Oct 14, 2026 | $348.43m |
| Oct 15, 2026 | $345.54m |
| Oct 16, 2026 | $267.84m |
| Oct 17, 2026 | $262.98m |
| Oct 18, 2026 | $262.92m |
| Oct 19, 2026 | $262.52m |
| Oct 20, 2026 | $263.05m |
| Oct 21, 2026 | $263.1m |
| Oct 22, 2026 | $262.52m |
| Oct 23, 2026 | $261.6m |
| Oct 24, 2026 | $261.45m |
| Oct 25, 2026 | $266.15m |
| Oct 26, 2026 | $266.2m |
| Oct 27, 2026 | $266.19m |
TVL at each month end, May 2025 to Oct 2026
| Date | TVL |
|---|---|
| May 31, 2025 | $1.11m |
| Jun 30, 2025 | $24.98m |
| Jul 31, 2025 | $48.77m |
| Aug 31, 2025 | $110.18m |
| Sep 30, 2025 | $502.42m |
| Oct 31, 2025 | $582.22m |
| Nov 30, 2025 | $655.85m |
| Dec 31, 2025 | $686.49m |
| Jan 31, 2026 | $646.19m |
| Feb 28, 2026 | $466.6m |
| Mar 31, 2026 | $311.25m |
| Apr 30, 2026 | $246.93m |
| May 31, 2026 | $293.14m |
| Jun 30, 2026 | $195.87m |
| Jul 31, 2026 | $159.6m |
| Aug 31, 2026 | $227.89m |
| Sep 30, 2026 | $243.36m |
| Oct 27, 2026 (latest) | $266.19m |
Fees, revenue and holders revenue by UTC calendar month, May 2025 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| May 2025 | $1,737 | $173.48 | $0 |
| Jun 2025 | $40,685 | $4,069 | $0 |
| Jul 2025 | $140,959 | $14,094 | $0 |
| Aug 2025 | $212,331 | $21,498 | $0 |
| Sep 2025 | $830,785 | $83,846 | $0 |
| Oct 2025 | $1.73m | $173,270 | $0 |
| Nov 2025 | $1.92m | $192,479 | $0 |
| Dec 2025 | $2.03m | $215,725 | $0 |
| Jan 2026 | $2m | $258,330 | $0 |
| Feb 2026 | $1.6m | $264,731 | $0 |
| Mar 2026 | $1.63m | $440,679 | $0 |
| Apr 2026 | $3.09m | $1.87m | $0 |
| May 2026 | $1.46m | $145,799 | $0 |
| Jun 2026 | $4.35m | $3.08m | $0 |
| Jul 2026 | $1.4m | $139,721 | $0 |
| Aug 2026 | $1.41m | $275,462 | $0 |
| Sep 2026 | $2.2m | $219,509 | $0 |
| Oct 2026 (to date) | $5.2m | $520,087 | $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/usd-ai
Frequently asked questions
What is USD AI's TVL?
As of Oct 27, 2026, USD AI has $268.47m in total value locked. TVL has increased 24.9% over the past 30 days.
What chains does USD AI operate on?
USD AI operates on Arbitrum. Arbitrum holds the largest share at 100%.
How much has USD AI generated in fees and revenue?
Over the past 30 days, USD AI generated $5.71m in fees. Of that, $570,879 was protocol revenue. Based on the trailing year, the annualized rate is $28.41m in fees and $7.64m in revenue.
What is the CHIP token price and valuation?
CHIP is currently trading at $0.054. Its circulating market capitalization is $107.94m, ranking it #380. Its fully diluted valuation is $539.69m. Supply currently stands at 2b circulating, 10b total supply, 10b maximum supply.
How has CHIP performed recently?
CHIP is up 20.3% over the past 7 days and up 16.1% over the past 30 days. Its all-time high is $0.14, reached on Apr 23, 2026. The token is currently 61.5% below that level.
How does USD AI's TVL compare to similar protocols?
Among RWA protocols tracked by DefiLlama, USD AI ranks #6 by TVL. The category holds $4.116b across 176 protocols, and USD AI accounts for 6.5% of that total. Similar protocols include Re, Tangible RWA, Estate Protocol, Theo Network thBill, Mountain Protocol, Boson Protocol, Fortunafi, Solv Vesting, Sweep, and WorldEs.
How much has been borrowed through USD AI?
As of Oct 27, 2026, USD AI has $310.47m in active loans.