Pencils Protocol
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Protocol TVL
About Pencils Protocol
Pencils Protocol is the next-gen decentralized platform that offers auction services for blockchain native assets and RWAs, along with unified and leveraged yield aggregation services for users to maximize asset utilization.
Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.
How Pencils Protocol's TVL is measured
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 liquidty on the staking
If a contract or vault isn't in this list, its balance does not contribute to the TVL displayed on Mantapex or DeFiLlama.
Pencils Protocol tokenomics and on-chain capital
Pencils Protocol's governance or utility token carries a market capitalisation of $4.5K based on circulating supply at the latest DeFiLlama snapshot. The market is pricing the token ($4.5K) above the protocol's on-chain TVL ($35.2) — a mcap/TVL multiple of 127.74× 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.
Pencils Protocol Timeline
Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.
- Apr 30, 2024Listed on DeFiLlama
Protocol Profile
Pencils Protocol operates in the Farm category of DeFi. It is deployed on Scroll.
TVL Distribution by Chain
Supported Chains
Protocol Footprint
Pencils Protocol is a single-chain protocol, deployed exclusively on Scroll — this concentrates execution risk but simplifies the trust model. Its token market cap ($4.5K) currently exceeds total value locked ($35.2) — a mcap/TVL ratio of 127.74 suggests the market is pricing in more growth than current deposits support.
Official Resources & Links
Verified external resources for Pencils Protocol — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.
Other Farm protocols on Mantapex
Pencils Protocol is one of 7 Farm protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Buzz Farming, Zircuit Staking, AILayer farm, and 3 more. These peer protocols collectively secure $651.6M in deposits, giving you a frame of reference for whether Pencils Protocol's own TVL is at the top, middle, or tail of the category.
Recent Pencils Protocol news
Latest reporting from major crypto news outlets covering Pencils Protocol.
- Crypto news
Crypto VC funding: Celestia, Infinex, Pencils Protocol score backing
In this week's venture capital update, more than $253 million flowed into the crypto startup world, although the bulk of that funding went to the blockchain network Celestia…
- The Currency Analytics
Helius CEO Vows to Shave His Head if Solana Fails to Flip XRP
In a moment that perfectly captures the competitive spirit of the crypto world, Mert Mumtaz, CEO of the Solana-based development platform Helius, has made a bold — and humorous —…
Related protocols
Other DeFi protocols connected to Pencils Protocol by category, deployment chain, or shared codebase lineage — useful for comparing TVL, fee models, or audit posture across direct peers.
Other Farm protocols
Top protocols on Scroll
Fork lineage & related versions
Risk Warning
DeFi protocols carry inherent risks including smart contract vulnerabilities, liquidity risks, and potential loss of funds. Always do your own research before investing.
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