K9 Finance DAO

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 the liquidity locked inside the K9 Finance DAO protocol, including: the BONE amount locked at the Liquid Staking, the KNINE amount locked at the Real Yield Staking, the KNINE amount locked at the Vesting, the LP tokens locked at the Farming.

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

K9 Finance DAO's governance or utility token carries a market capitalisation of 304.152,8 $ based on circulating supply at the latest DeFiLlama snapshot. The market is pricing the token (304.152,8 $) above the protocol's on-chain TVL (19.715,5 $) — a mcap/TVL multiple of 15.43× implies investors are paying for expected future fee flows rather than current deposits alone. A further 65.502,4 $ 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. Sep 23, 2024
   Auf DeFiLlama gelistet

K9 Finance DAO is a Liquid Staking protocol that issues liquid receipt tokens against staked deposits, so users earn validator rewards without locking up the underlying asset. It is deployed across 2 chains, including Ethereum, Shibarium. The codebase has been independently audited (1 report on file).

K9 Finance DAO operates on 2 networks (Ethereum, Shibarium), keeping its surface area narrower than chain-agnostic peers. Roughly 95% of its on-chain value sits on just three networks (Shibarium-staking, staking, Ethereum), so a fault on any one of them would affect a large slice of users. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts. Its token market cap (304.152,8 $) currently exceeds total value locked (19.715,5 $) — a mcap/TVL ratio of 15.43 suggests the market is pricing in more growth than current deposits support.

Verified external resources for K9 Finance DAO — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

K9 Finance DAO is one of 7 Liquid Staking protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Lido, Binance staked ETH, Rocket Pool, and 3 more. These peer protocols collectively secure 35 Mrd. $ in deposits, giving you a frame of reference for whether K9 Finance DAO's own TVL is at the top, middle, or tail of the category.

Lido

TVL 21,4 Mrd. $ · 24h -0.07%

Binance staked ETH

TVL 8,6 Mrd. $ · 24h +0.81%

Rocket Pool

TVL 1,3 Mrd. $ · 24h +0.27%

DoubleZero Staked SOL

TVL 1,3 Mrd. $ · 24h -0.46%

Sanctum Validator LSTs

TVL 1,2 Mrd. $ · 24h +0.03%

Jito Liquid Staking

TVL 1,2 Mrd. $ · 24h +0.03%