Bunni v1

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

Bunni v1's governance or utility token carries a market capitalisation of $1.8M based on circulating supply at the latest DeFiLlama snapshot. The market is pricing the token ($1.8M) above the protocol's on-chain TVL ($37.7K) — a mcap/TVL multiple of 47.32× implies investors are paying for expected future fee flows rather than current deposits alone.

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.

Bunni v1 is published as a versioned release inside the Bunni protocol family. Releases inside the same family typically share governance, brand, and large parts of the audit history, but each version can run materially different contract logic — a release labelled v2 or v3 is not just a UI refresh. Newer versions inside a family typically launch with their own audit cycle and parameter set, so do not assume the previous release's safety record carries over without checking the linked audit reports.

Fork lineage and parent-protocol relationships are tracked by DeFiLlama for security and audit-history attribution; a fork inherits the upstream design but not necessarily the upstream audits or governance.

Bunni v1 is a versioned release inside a larger protocol family. View the parent for combined TVL and all sibling versions.

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

1. Jan 19, 2023
   Listed on DeFiLlama
2. Jan 23, 2023
   $oLIT Rewards Start

Bunni v1 operates in the Liquidity Manager category of DeFi. It is deployed across 4 chains, including Ethereum, Arbitrum, Optimism, Polygon. The codebase has been independently audited (3 reports on file). DeFiLlama tracks 1 historical event for this protocol since 2023.

Bunni v1 operates on 4 networks (Ethereum, Arbitrum, Optimism, Polygon), keeping its surface area narrower than chain-agnostic peers. Roughly 100% of its on-chain value sits on just three networks (Ethereum, Arbitrum, Optimism), so a fault on any one of them would affect a large slice of users. 3 public audit reports are linked from DeFiLlama, which is on the higher end of transparency for the DeFi sector — most protocols of comparable TVL publish far fewer. Its token market cap ($1.8M) currently exceeds total value locked ($37.7K) — a mcap/TVL ratio of 47.32 suggests the market is pricing in more growth than current deposits support.

Verified external resources for Bunni v1 — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

Bunni v1 is one of 7 Liquidity Manager protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Kamino Liquidity, Arrakis Modular, Kodiak Islands, and 3 more. These peer protocols collectively secure $411.3M in deposits, giving you a frame of reference for whether Bunni v1's own TVL is at the top, middle, or tail of the category.

Kamino Liquidity

TVL $214.4M · 24h +0.21%

Arrakis Modular

TVL $75.3M · 24h -0.15%

Kodiak Islands

TVL $64.2M · 24h +18.50%

Steer Protocol

TVL $30.3M · 24h -0.45%

ICHI

TVL $16.6M · 24h +0.50%

ACryptoS

TVL $10.6M · 24h +0.01%