Tidal 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.

We count liquidity of USDC Reserve deposited on the pool threw Seller contract; and the staking of native token

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

Tidal Finance's governance or utility token carries a market capitalisation of 41.120 $ based on circulating supply at the latest DeFiLlama snapshot. The market is pricing the token (41.120 $) above the protocol's on-chain TVL (24.743 $) — a mcap/TVL multiple of 1.66× implies investors are paying for expected future fee flows rather than current deposits alone. A further 1426 $ 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.

Tidal Finance is a Insurance 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 Polygon. The codebase has been independently audited (1 report on file).

Tidal Finance is a single-chain protocol, deployed exclusively on Polygon — this concentrates execution risk but simplifies the trust model. Roughly 100% of its on-chain value sits on just three networks (Polygon, Polygon-staking, staking), 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 (41.120 $) currently exceeds total value locked (24.743 $) — a mcap/TVL ratio of 1.66 suggests the market is pricing in more growth than current deposits support.

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

Tidal Finance is one of 7 Insurance protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Nexus Mutual, Easedefi.org, 3F Mutual, and 3 more. These peer protocols collectively secure 125,2 Mio. $ in deposits, giving you a frame of reference for whether Tidal Finance's own TVL is at the top, middle, or tail of the category.

Nexus Mutual

TVL 110,9 Mio. $ · 24h +0.24%

Easedefi.org

TVL 5,1 Mio. $ · 24h +0.45%

3F Mutual

TVL 4,5 Mio. $ · 24h +0.82%

Unslashed

TVL 3,4 Mio. $ · 24h +0.20%

Cover Protocol

TVL 809.849,9 $ · 24h +0.03%

Sherlock

TVL 507.308,7 $ · 24h +0.00%