Logo of Pirex

Pirex(BTRFLY)

Total Value Locked$3.46m

TVL by Chain

Ethereum$3.38m

Arbitrum$74,441

Protocol Information

Pirex is a product by Redacted which creates liquid wrappers that allow for auto-compounding and the tokenization of future yield/vote events.

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Category:Yield

Audits:

Methodology

TVL: TVL = Total value of tokens locked in Pirex VaultsView code on GitHub

Competitors

Spark Savings ($1.494b)Pendle V2 ($1.208b)Convex Finance ($590.77m)Stake DAO Yield ($149.76m)AUTOfinance ($39.77m)Spectra V2 ($22.88m)Royco V2 ($19.47m)Equilibria ($12.6m)Aura ($10.24m)Harmonix Finance ($6.99m)

Frequently Asked Questions

What is Pirex's TVL?

Pirex currently has $3.46m in total value locked. TVL has decreased 9.8% over the past 30 days.

What chains does Pirex operate on?

Pirex operates on 2 chains: Ethereum and Arbitrum. Ethereum holds the largest share at 97.8%.

How does Pirex's TVL compare to similar protocols?

Among Yield protocols tracked by DefiLlama, Pirex ranks #50 by TVL. The category holds $4.76b across 574 protocols, and Pirex accounts for 0.1% of that total. Other leading protocols include Spark Savings, Pendle V2, Convex Finance, Stake DAO Yield, AUTOfinance, Spectra V2, Royco V2, Equilibria, Aura, and Harmonix Finance.