Polynomial Earn

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.

Using contract methods, TVL is pendingDeposits + totalFunds + premiumCollected and the asset is UNDERLYING or COLLATERAL (put vs call)

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

Polynomial Earn is published as a versioned release inside the Polynomial Protocol 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.

Polynomial Earn 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. Apr 5, 2022
   Listed on DeFiLlama
2. Feb 13, 2026
   winddown announced
3. Aug 10, 2022
   Earn V2 Launch
4. Jun 16, 2022
   Earn V1 Shutdown
5. Mar 31, 2022
   Earn V1 Launch

Polynomial Earn is a Options Vault 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 Optimism. The codebase has been independently audited (1 report on file). DeFiLlama tracks 4 historical events for this protocol since 2022.

Polynomial Earn is a single-chain protocol, deployed exclusively on Optimism — 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.

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

Polynomial Earn is one of 7 Options Vault protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Ribbon, Typus DOV, Katana, and 3 more. These peer protocols collectively secure $12.1M in deposits, giving you a frame of reference for whether Polynomial Earn's own TVL is at the top, middle, or tail of the category.

Ribbon

TVL $4M · 24h +0.16%

Typus DOV

TVL $3.6M · 24h +0.23%

Katana

TVL $1.8M · 24h -0.28%

Chest Finance

TVL $1.3M · 24h -0.09%

AlgoRai Finance

TVL $1.2M · 24h -5.74%

3Jane Options

TVL $121.4K · 24h +0.19%