Active loans are not included in TVL by default, to include them toggle Active Loans. For more info, read the active loans discussion.
Kasu
Total Value Locked$2,697
TVL by Chain
Base$2,697
Plume Mainnet$0
XDC$0
Key Metrics
Fees 30d$83,770
Fees 30d by chain
Base$64,138
XDC$19,632
Plume Mainnet$0
Fees 7d$22,437
Base$14,430
XDC$8,007
Plume Mainnet$0
Fees 24h$3,188
Base$2,040
XDC$1,148
Plume Mainnet$0
Cumulative Fees$1.1m
Base$973,722
XDC$103,206
Plume Mainnet$22,368
Revenue 30d$8,337
Revenue 30d by chain
Base$6,372
XDC$1,963
Plume Mainnet$0
Revenue 7d$2,237
Base$1,434
XDC$798
Plume Mainnet$0
Revenue 24h$318
Base$204
XDC$114
Plume Mainnet$0
Cumulative Revenue$110,560
Base$97,919
XDC$10,269
Plume Mainnet$2,360
Holders Revenue 30d$0
Holders Revenue 30d by chain
Base$0
Plume Mainnet$0
XDC$0
Holders Revenue 7d$0
Base$0
Plume Mainnet$0
XDC$0
Holders Revenue 24h$0
Base$0
Plume Mainnet$0
XDC$0
Cumulative Holders Revenue$0
Base$0
Plume Mainnet$0
XDC$0
Active Loans$12.83m
Total Raised$3m
Jan 11, 2024$3mRound: SeedInvestors: Woodstock, Morningstar Ventures, Faculty Group
Protocol Information
Kasu is a real-world asset protocol bridging institutional-grade private credit yields to DeFi, enabling lenders to earn sustainable returns from tokenised private debt, invoice finance, and other high-grade credit products. It connects TradFi lenders and DeFi liquidity through a hybrid capital stack with transparent, on-chain yield
Audits:
Methodology
TVL: TVL is the stablecoin still held on-chain by Kasu: liquidity in the lending pools, deposits queued in the pending pools awaiting clearing, and loss repayments held by the tranches until claimed. Amounts lent out to borrowers, measured as pool token supply minus pool holdings, plus loans Kasu funds off-chain and reports on-chain, are counted as borrowed.View code on GitHubFees: Gross interest paid by borrowers across Kasu lending pools (performance fees + lender share). Interest accrued during each epoch is spread evenly across the epoch's days.View code on GitHubRevenue: Performance fees captured within the Kasu system: the sum of the protocol-receiver share (ProtocolRevenue) and the rKSU-holder share (HoldersRevenue). Neither is paid to external suppliers.View code on GitHubHolders Revenue: Performance fees distributed to KSU token lockers (rKSU holders). When no rKSU is eligible, the FeeManager redirects this share to the protocol at runtime; such redirection is not reflected in the breakdown.View code on GitHubCompetitors
Frequently Asked Questions
What is Kasu's TVL?
Kasu currently has $2,697 in total value locked. TVL has increased 1,698.3% over the past 30 days.
What chains does Kasu operate on?
Kasu operates on 3 chains: Base, Plume Mainnet, and XDC. Base holds the largest share at 100%.
How much has Kasu generated in fees and revenue?
Over the past 30 days, Kasu generated $83,770 in fees. Of that, $8,337 was protocol revenue. Based on the trailing year, the annualized rate is $866,608 in fees and $87,027 in revenue.
How does Kasu's TVL compare to similar protocols?
Among Uncollateralized Lending protocols tracked by DefiLlama, Kasu ranks #14 by TVL. The category holds $25.46m across 19 protocols, and Kasu accounts for <0.1% of that total. Other leading protocols include Accountable, Union Protocol, Clearpool Lending, Credit Coop, cSigma Finance, Clawloan, 3Jane Lending, Wildcat Protocol, Goldfinch, and Pareto Credit.
How much has been borrowed through Kasu?
Kasu currently has $12.83m in active loans.

