EclipseFi

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

EclipseFi's governance or utility token carries a market capitalisation of $38.2K based on circulating supply at the latest DeFiLlama snapshot. The market is pricing the token ($38.2K) above the protocol's on-chain TVL ($4.2K) — a mcap/TVL multiple of 9.00× implies investors are paying for expected future fee flows rather than current deposits alone. A further $13.7K 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.

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

1. Nov 30, 2024
   Listed on DeFiLlama

EclipseFi operates in the Launchpad category of DeFi. It is deployed on Neutron. The codebase has been independently audited (2 reports on file).

EclipseFi is a single-chain protocol, deployed exclusively on Neutron — this concentrates execution risk but simplifies the trust model. TVL is comparatively balanced across networks: even the largest deployment (Neutron-staking) holds only 27% of the protocol's value. Two audit reports are published on DeFiLlama, which is in line with typical practice for protocols at this scale. Its token market cap ($38.2K) currently exceeds total value locked ($4.2K) — a mcap/TVL ratio of 9.00 suggests the market is pricing in more growth than current deposits support.

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

EclipseFi is one of 7 Launchpad protocols Mantapex tracks in this category. Direct peers ranked by total value locked include PinkSale, DxSale, Aerodrome Ignition, and 3 more. These peer protocols collectively secure $241.5M in deposits, giving you a frame of reference for whether EclipseFi's own TVL is at the top, middle, or tail of the category.

PinkSale

TVL $167.4M · 24h -0.75%

DxSale

TVL $29.4M · 24h -0.06%

Aerodrome Ignition

TVL $25.2M · 24h +0.31%

Juicebox V1

TVL $12M · 24h +0.67%

four.meme

TVL $4.6M · 24h +0.09%

Bio Protocol

TVL $2.9M · 24h -0.60%