BaseVol

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 USDC amount held in the ClearingHouse and Vault contracts.

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

BaseVol's governance or utility token carries a market capitalisation of $240K based on circulating supply at the latest DeFiLlama snapshot. Token market cap ($240K) and TVL ($301.4K) trade close together, giving a mcap/TVL multiple of 0.80× — broadly the range market participants treat as "fair" for an established DeFi protocol.

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.

Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.

1. Feb 3, 2026
   Listed on DeFiLlama

BaseVol is a Options protocol where traders open leveraged, perpetual, or option positions priced off oracle feeds and settled in collateral held by the contract. It is deployed on Base. The codebase has been independently audited (1 report on file).

BaseVol is a single-chain protocol, deployed exclusively on Base — this concentrates execution risk but simplifies the trust model. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts. Token market cap ($240K) and TVL ($301.4K) trade at a ratio of 0.80, in the range generally considered normal for an established DeFi protocol.

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

BaseVol is one of 7 Options protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Rysk V12, Hegic, Deri V4, and 3 more. These peer protocols collectively secure $85.6M in deposits, giving you a frame of reference for whether BaseVol's own TVL is at the top, middle, or tail of the category.

Rysk V12

TVL $62.6M · 24h +4.61%

Hegic

TVL $9.8M · 24h -0.02%

Deri V4

TVL $7.8M · 24h +0.27%

Hypersurface

TVL $2.7M · 24h +3.58%

GammaSwap Open Interest

TVL $1.4M · 24h +0.51%

Jasper Vault

TVL $1.3M · 24h -0.03%