Valkyrie
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Protocol TVL
About Valkyrie
Valkyrie Protocol is a DApp activation protocol that is designed to help protocols launch effectively.
Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.
Valkyrie tokenomics and on-chain capital
Valkyrie's governance or utility token carries a market capitalisation of $40.1K based on circulating supply at the latest DeFiLlama snapshot.
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
Valkyrie Timeline
Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.
- Dec 29, 2021Listed on DeFiLlama
- May 7, 2022UST depeg
Protocol Profile
Valkyrie operates in the Launchpad category of DeFi. It is deployed on Terra. The codebase has been independently audited (1 report on file). DeFiLlama tracks 1 historical event for this protocol since 2022.
Supported Chains
Protocol Footprint
Valkyrie is a single-chain protocol, deployed exclusively on Terra — 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.
Official Resources & Links
Verified external resources for Valkyrie — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.
Other Launchpad protocols on Mantapex
Valkyrie 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 Valkyrie's own TVL is at the top, middle, or tail of the category.
Recent Valkyrie news
Latest reporting from major crypto news outlets covering Valkyrie.
- Crypto news
Valkyrie Alumnus-founded Canary bids for spot Litecoin ETF
Canary Capital filed with the U.S. Securities and Exchange Commission to list an exchange-traded fund underpinned by the Bitcoin-inspired cryptocurrency, Litecoin.
- Crypto news
Valkyrie introduces Bitcoin Futures ETF offering 2x leverage
Valkyrie Investments introduces BTFX, a 2x leveraged Bitcoin futures ETF aimed at doubling the daily performance of the CME Bitcoin Futures index.
- The Block
Valkyrie CIO anticipates spot Ethereum ETF approval will take 1-2 years
A spot Ethereum ETF may not be coming soon, but it could see approval in the next year or two, says Valkyrie's chief investment officer.
- Blockworks
Valkyrie signals deeper bitcoin focus with 2x leveraged futures ETF
Valkyrie is launching a 2x leveraged bitcoin futures ETF.
- Crypto Economy
Valkyrie Unleashes Nasdaq's BTFX, a 2x Leveraged Bitcoin Futures Fund
TL;DR Valkyrie Launches BTFX on Nasdaq – a 2x Bitcoin Futures ETF. It offers investors leveraged exposure to the BTC futures market. It reflects Valkyrie's commitment to financial…
- The Cryptonomist
Valkyrie presents BTFX: a new 2x leveraged Bitcoin futures ETF to compete with BITX
Valkyrie has recently introduced the 2x leveraged Exchange-Traded Fund (ETF) based on Bitcoin futures.
- Coingape
Valkyrie Expands with Launch of Bitcoin Futures ETF BTFX
Valkyrie has launched a new Bitcoin-leveraged exchange-traded fund (ETF), the Valkyrie Bitcoin Futures Leveraged Strategy ETF (BTFX). This financial instrument aims to offer…
- Cointelegraph
Valkyrie launches 2X leveraged Bitcoin futures fund
The investment vehicle is listed on the Nasdaq with the ticker symbol BTFX following the 2023 launch of a similar fund under BTFD.
Related protocols
Other DeFi protocols connected to Valkyrie by category, deployment chain, or shared codebase lineage — useful for comparing TVL, fee models, or audit posture across direct peers.
Other Launchpad protocols
Top protocols on Terra
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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