Ape Finance

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

DeFiLlama publishes the exact rules used to aggregate on-chain balances into the headline TVL figure shown on this page. The methodology below is the team's own source-of-truth description.

Counts liquidity as the Collateral APE and USDC & FRAX on all AMOs through their contracts

If a contract or vault isn't in this list, its balance does not contribute to the TVL displayed on Mantapex or DeFiLlama.

Ape Finance's governance or utility token carries a market capitalisation of 3,3 Mio. $ based on circulating supply at the latest DeFiLlama snapshot. The market is pricing the token (3,3 Mio. $) above the protocol's on-chain TVL (55.607,2 $) — a mcap/TVL multiple of 59.95× implies investors are paying for expected future fee flows rather than current deposits alone. A further 348,7 $ sits in the protocol's native staking modules — these deposits are typically locked, vote-bonded, or earning a share of fees, and they reduce the freely circulating float that can hit the market.

Market cap and supply figures are sourced from DeFiLlama's price feed (which reconciles CoinGecko, CoinMarketCap, and on-chain DEX prices). Treasury and staking values reflect on-chain balances controlled by the protocol at last sync.

Wichtige Ereignisse, die von der DeFiLlama-Community markiert wurden — Protokoll-Launches, Exploits, Governance-Änderungen und Anreizprogramme.

1. Oct 15, 2022
   Auf DeFiLlama gelistet

Ape Finance is a Lending protocol that lets users supply assets as collateral, borrow against them, and earn interest from borrowers paying variable or stable rates. It is deployed on Ethereum.

Ape Finance is a single-chain protocol, deployed exclusively on Ethereum — this concentrates execution risk but simplifies the trust model. Roughly 99% of its on-chain value sits on just three networks (Ethereum, Ethereum-pool2, pool2), so a fault on any one of them would affect a large slice of users. Price feeds come from a single oracle provider (Chainlink); an outage or manipulation of that feed would propagate into every market the protocol prices. Its token market cap (3,3 Mio. $) currently exceeds total value locked (55.607,2 $) — a mcap/TVL ratio of 59.95 suggests the market is pricing in more growth than current deposits support.

Verified external resources for Ape Finance — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

Ape Finance is one of 7 Lending protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Aave V3, Morpho V1, JustLend, and 3 more. These peer protocols collectively secure 43,4 Mrd. $ in deposits, giving you a frame of reference for whether Ape Finance's own TVL is at the top, middle, or tail of the category.

Aave V3

TVL 26,2 Mrd. $ · 24h +0.16%

Morpho V1

TVL 7 Mrd. $ · 24h +0.57%

JustLend

TVL 3,4 Mrd. $ · 24h +1.86%

Maple

TVL 2,4 Mrd. $ · 24h -1.17%

SparkLend

TVL 2,2 Mrd. $ · 24h +3.62%

Kamino Lend

TVL 2,1 Mrd. $ · 24h -0.02%