Basis trading protocols
22 basis trading protocols hold $9.73B between them, up 0.1% over seven days. Ethena is the largest with $5.40B, 55% of the sector.
- Value locked
- $9.73B
- 7 days
- +0.1%
- Fees, 24h
- $173.6K
- Protocols
- 22
Share of value locked
All basis trading protocols
| # | Protocol | Chains | TVL | 24h | 7d | 30d | Fees 24h | Fees / TVL |
|---|---|---|---|---|---|---|---|---|
| 1 |  Ethena | Ethereum, TON | $5.40B | 0.0% | +0.4% | +15.5% | $2 | 0.0% |
| 2 |  Falcon Finance | Ethereum | $1.62B | 0.0% | 0.0% | +2.8% | $5.99K | 0.1% |
| 3 |  SolvBTC | Bitcoin, BNB Chain +11 | $918.0M | +0.4% | 0.0% | +5.4% | $86.71K | 3.4% |
| 4 |  Aster Bridge | BNB Chain, Ethereum +6 | $791.6M | +1.0% | -1.4% | -7.1% | $67.35K | 3.1% |
| 5 |  BitFi | BNB Chain, AILayer +6 | $325.8M | +0.3% | +0.5% | +2.6% | $2 | 0.0% |
| 6 |  Solstice | Solana | $212.4M | -0.2% | -1.7% | -14.2% | $1.25K | 0.2% |
| 7 |  Tori Finance | Ethereum | $75.33M | +2.7% | +14.6% | +17.6% | – | – |
| 8 |  Unitas USDu | BNB Chain, Solana +1 | $63.29M | -0.2% | +13.6% | +6.1% | – | – |
| 9 |  ZEROBASE CeDeFi | BNB Chain, Ethereum +5 | $62.10M | -0.3% | -0.2% | -0.9% | – | – |
| 10 |  Axis | Ethereum | $61.08M | 0.0% | +1.9% | -16.8% | – | – |
| 11 |  Bitway Earn | BNB Chain | $56.73M | -7.0% | -20.4% | -21.0% | $9.15K | 5.9% |
| 12 |  Aegis | Ethereum, BNB Chain | $34.34M | 0.0% | +0.2% | 0.0% | $1.05K | 1.1% |
| 13 |  Manta CeDeFi | Manta | $26.94M | 0.0% | 0.0% | +0.4% | – | – |
| 14 |  Liminal | Hyperliquid L1 | $20.96M | -2.4% | -3.2% | -12.7% | $0 | 0.0% |
| 15 |  Piku Finance | Ethereum | $20.03M | -3.7% | -5.6% | -26.0% | $987 | 1.8% |
| 16 |  XSY | Base | $12.99M | 0.0% | 0.0% | – | – | – |
| 17 |  BounceBit Prime | BNB Chain, Ethereum | $11.45M | 0.0% | 0.0% | 0.0% | – | – |
| 18 |  Solomon USDv | Solana | $7.38M | +0.2% | +18.7% | +379.1% | – | – |
| 19 |  Monetrix | Hyperliquid L1 | $4.77M | +1.6% | -0.2% | +9.3% | $1.13K | 8.6% |
| 20 |  DeSyn | Bitlayer | $1.88M | +0.3% | +0.7% | +7.9% | – | – |
| 21 |  HOPE | Bitcoin, Ethereum | $1.84M | -0.1% | +0.1% | +6.6% | – | – |
| 22 |  SMARDEX | Ethereum, Arbitrum +3 | $1.71M | +0.7% | +3.5% | +1.3% | $1 | 0.0% |
TVL, fees and categories from DefiLlama, collected by the BitcoinValues data desk. Updated 4 Oct 2026, 18:23 UTC. Methodology