Ask about Virtue
Logo of VirtueVirtue
Total Value Locked$424,283.56

TVL by Chain

IOTA$424,283.56

Key Metrics

Fees 30d$6,130
Fees 30d by chain

IOTA$6,130

Fees 7d$0

IOTA$0

Fees 24h$0

IOTA$0

Cumulative Fees$125,051

IOTA$125,051

Revenue 30d$6,130
Revenue 30d by chain

IOTA$6,130

Revenue 7d$0

IOTA$0

Revenue 24h$0

IOTA$0

Cumulative Revenue$125,051

IOTA$125,051

Protocol Information

The leading decentralized stablecoin protocol on IOTA

WebsiteTwitter
Category:CDP

Audits:

Methodology

TVL: Sums collateral (IOTA, stIOTA, iBTC, vIOTA) held in Virtue CDP vault objects. LST collateral is converted to IOTA using the on-chain staking exchange rate; iBTC is priced as BTC.View code on GitHubFees: All the services fees paid by users, including liquidation and collateral feesView code on GitHubRevenue: All the services fees paid by users, including liquidation and collateral fees earned by VirtueView code on GitHub

Hacks

Date: Aug 28, 2026

Amount: $894,500

Classification: Oracle Manipulation

Technique: Oracle Misconfiguration

Chains: Iota

Language: Move

Target Type: DeFi Protocol

Competitors

Sky Lending ($5.458b)USDD ($1.253b)Lista CDP ($226.81m)Liquity V1 ($182.55m)crvUSD ($150.91m)Liquity V2 ($97.22m)Frankencoin ($82.35m)Reservoir Protocol ($73.48m)Felix CDP ($31.67m)Inverse Finance FiRM ($29.05m)

Frequently Asked Questions

What is Virtue's TVL?

Virtue currently has $424,283.56 in total value locked. TVL has decreased 62.1% over the past 30 days.

What chains does Virtue operate on?

Virtue operates on IOTA. IOTA holds the largest share at 100%.

How much has Virtue generated in fees and revenue?

Over the past 30 days, Virtue generated $6,130 in fees. Of that, $6,130 was protocol revenue. Based on the trailing year, the annualized rate is $195,058.18 in fees and $195,058.18 in revenue.

How does Virtue's TVL compare to similar protocols?

Among CDP protocols tracked by DefiLlama, Virtue ranks #56 by TVL. The category holds $7.792b across 203 protocols, and Virtue accounts for <0.1% of that total. Other leading protocols include Sky Lending, USDD, Lista CDP, Liquity V1, crvUSD, Liquity V2, Frankencoin, Reservoir Protocol, Felix CDP, and Inverse Finance FiRM.

Has Virtue ever been exploited?

Virtue has 1 recorded security incident. The most recent incident occurred on Aug 28, 2026 and involved $894,500. It was classified as Oracle Manipulation.