Ask about Waterfall DeFi · freeWaterfall DeFi(WTF)
Total Value Locked$20,581
TVL by Chain
BSC$11,029
Avalanche$9,552
The chart plots Staking as its own series; it is not part of the TVL above.
Key Metrics
Market Cap$27,336
$WTF Price$0.00044
Fully Diluted Valuation$43,858
$WTF Volume 24h$0
CEX Volume$0
DEX Volume$0
Staked$0(0% of mcap)
Protocol Information
Waterfall Defi is a risk lego / tranching protocol that offers fixed and variable yield products based on risk appetite
Audits:
Methodology
TVL: Counts Waterfall DeFi tranche products TVL and staking TVLView code on GitHubCompetitors
Waterfall DeFi history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Apr 13, 2022 to Oct 27, 2026.
All-time high TVL: $20.22m on Apr 14, 2022. All-time low TVL: $17,378 on Jun 20, 2026.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $22,611 |
| Sep 29, 2026 | $22,245 |
| Sep 30, 2026 | $23,180 |
| Oct 1, 2026 | $22,653 |
| Oct 2, 2026 | $22,699 |
| Oct 3, 2026 | $22,705 |
| Oct 4, 2026 | $22,805 |
| Oct 5, 2026 | $22,946 |
| Oct 6, 2026 | $22,967 |
| Oct 7, 2026 | $23,384 |
| Oct 8, 2026 | $22,819 |
| Oct 9, 2026 | $22,046 |
| Oct 10, 2026 | $22,105 |
| Oct 11, 2026 | $22,032 |
| Oct 12, 2026 | $22,752 |
| Oct 13, 2026 | $22,159 |
| Oct 14, 2026 | $22,022 |
| Oct 15, 2026 | $21,741 |
| Oct 16, 2026 | $21,697 |
| Oct 17, 2026 | $21,642 |
| Oct 18, 2026 | $21,513 |
| Oct 19, 2026 | $21,423 |
| Oct 20, 2026 | $21,297 |
| Oct 21, 2026 | $21,470 |
| Oct 22, 2026 | $21,092 |
| Oct 23, 2026 | $20,748 |
| Oct 24, 2026 | $20,744 |
| Oct 25, 2026 | $20,613 |
| Oct 26, 2026 | $20,610 |
| Oct 27, 2026 | $20,484 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $58,845 |
| Dec 31, 2024 | $49,356 |
| Jan 31, 2025 | $47,491 |
| Feb 28, 2025 | $34,698 |
| Mar 31, 2025 | $31,314 |
| Apr 30, 2025 | $34,282 |
| May 31, 2025 | $32,777 |
| Jun 30, 2025 | $30,702 |
| Jul 31, 2025 | $35,915 |
| Aug 31, 2025 | $36,684 |
| Sep 30, 2025 | $43,291 |
| Oct 31, 2025 | $30,477 |
| Nov 30, 2025 | $26,296 |
| Dec 31, 2025 | $24,494 |
| Jan 31, 2026 | $22,665 |
| Feb 28, 2026 | $20,619 |
| Mar 31, 2026 | $20,721 |
| Apr 30, 2026 | $20,854 |
| May 31, 2026 | $20,695 |
| Jun 30, 2026 | $18,146 |
| Jul 31, 2026 | $17,943 |
| Aug 31, 2026 | $18,719 |
| Sep 30, 2026 | $23,180 |
| Oct 27, 2026 (latest) | $20,484 |
TVL at each year end, Dec 31, 2022 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2022 | $3.02m |
| Dec 31, 2023 | $3.04m |
| Dec 31, 2024 | $49,356 |
| Dec 31, 2025 | $24,494 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/waterfall-defi
Frequently asked questions
What is Waterfall DeFi's TVL?
As of Oct 27, 2026, Waterfall DeFi has $20,581 in total value locked. TVL has decreased 9.1% over the past 30 days.
What chains does Waterfall DeFi operate on?
Waterfall DeFi operates on 2 chains: BSC and Avalanche. BSC holds the largest share at 53.6%.
What is the WTF token price and valuation?
WTF is currently trading at $0.00044. Its circulating market capitalization is $27,336, ranking it #10,067. Its fully diluted valuation is $43,858. Supply currently stands at 62.33m circulating, 100m total supply, 100m maximum supply.
How has WTF performed recently?
WTF is up 0.8% over the past 7 days and up 0.2% over the past 30 days. Its all-time high is $1.40, reached on Oct 21, 2021. The token is currently 100% below that level.
How does Waterfall DeFi's TVL compare to similar protocols?
Among Yield Aggregator protocols tracked by DefiLlama, Waterfall DeFi ranks #92 by TVL. The category holds $1.246b across 191 protocols, and Waterfall DeFi accounts for <0.1% of that total. Similar protocols include Beefy, vfat.io, Superform, YieldFi, Autofarm, DexFi Aggregator, Clovis, StoneDefi, BIM Yield, and Mushrooms Finance.