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Thetanuts Finance
Thetanuts Finance
NUTSYield
Audited
DeFiLlama Yield·$944.1K TVL·-0.06% 1h·+0.57% 24h·+6.32% 7d·$4M MCap

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Protocol TVL

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About Thetanuts Finance

Thetanuts Finance is a decentralized on-chain options protocol focused on altcoin options, allowing users to go long or short on on-chain options.

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

How Thetanuts Finance'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.

Funds deposited into Thetanuts Finance via the Basic Vaults, Lending Market, and AMM are calculated as TVL.

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

Thetanuts Finance tokenomics and on-chain capital

Thetanuts Finance's governance or utility token carries a market capitalisation of $4M based on circulating supply at the latest DeFiLlama snapshot. The market is pricing the token ($4M) above the protocol's on-chain TVL ($944.1K) — a mcap/TVL multiple of 4.21× implies investors are paying for expected future fee flows rather than current deposits alone.

Token market cap
$4M
Circulating supply × price
Mcap / TVL ratio
4.21×
Valuation vs deposits

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.

Security & Audits

Audited by external firms
2 audits
Audit reports
docs.thetanuts.finance/contracts-and-security/security
Price oracles
Chainlink· Primary

Oracles supply external price data to on-chain contracts. Oracle compromise is a common attack vector — diversified providers reduce single-point-of-failure risk.

Thetanuts Finance Timeline

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

  1. Dec 23, 2021
    Listed on DeFiLlama
  2. Dec 13, 2023
    Launch of Thetanuts Finance v3
  3. Sep 29, 2022
    Migration from v1 to v2
  4. Mar 7, 2022
    Migration from v0 to v1

Protocol Profile

Thetanuts Finance operates in the Yield category of DeFi. It is deployed across 11 chains, including Arbitrum, Binance, Ethereum, Fantom and 7 other chains. The codebase has been independently audited (1 report on file). DeFiLlama tracks 3 historical events for this protocol since 2022.

TVL Distribution by Chain

TVL spans 10 chains across the deployment. See the breakdown below for per-chain values.

Arbitrum
$405.2K(42.9%)
Binance
$190.4K(20.2%)
Ethereum
$176.1K(18.7%)
Fantom
$67.9K(7.2%)
Polygon
$49.6K(5.3%)
Avalanche
$45.6K(4.8%)
Boba
$4K(0.4%)
Polygon zkEVM
$2.2K(0.2%)
Aurora
$1.7K(0.2%)
Cronos
$1.4K(0.1%)

Supported Chains

Arbitrum Binance Ethereum Fantom Polygon Avalanche Boba Polygon zkEVM

Protocol Footprint

Thetanuts Finance runs a multi-chain deployment, with smart contracts live on 11 networks. TVL is comparatively balanced across networks: even the largest deployment (Arbitrum) holds only 43% of the protocol's value. Price feeds come from a single oracle provider (Chainlink); an outage or manipulation of that feed would propagate into every market the protocol prices. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts. Its token market cap ($4M) currently exceeds total value locked ($944.1K) — a mcap/TVL ratio of 4.21 suggests the market is pricing in more growth than current deposits support.

Official Resources & Links

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

Project Website
thetanuts.finance
Twitter / X — @ThetanutsFi
twitter.com
Token on CoinGecko
coingecko.com
Token on CoinMarketCap
coinmarketcap.com

Other Yield protocols on Mantapex

Thetanuts Finance is one of 7 Yield protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Pendle, Spark Savings, Convex Finance, and 3 more. These peer protocols collectively secure $5.2B in deposits, giving you a frame of reference for whether Thetanuts Finance's own TVL is at the top, middle, or tail of the category.

Pendle
Pendle
TVL $2.3B · 24h +0.37%
Spark Savings
Spark Savings
TVL $1.4B · 24h +0.35%
Convex Finance
Convex Finance
TVL $722.7M · 24h +0.66%
Multipli.fi
Multipli.fi
TVL $342.7M · 24h -0.01%
Strata Markets
Strata Markets
TVL $259.5M · 24h +0.70%
infiniFi
infiniFi
TVL $177M · 24h +1.74%
Browse all Yield protocols on Mantapex

Recent Thetanuts Finance news

Related protocols

Other DeFi protocols connected to Thetanuts Finance by category, deployment chain, or shared codebase lineage — useful for comparing TVL, fee models, or audit posture across direct peers.

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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