Belt Finance

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.

TVL includes the liquidity of all the Vaults, 3Tether LP and staking counts the BELT that has been staked in BSC.

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

Belt Finance's governance or utility token carries a market capitalisation of 760,2 mil US$ based on circulating supply at the latest DeFiLlama snapshot. The token's market cap (760,2 mil US$) is small relative to deposits secured by the protocol (12,8 M US$); a mcap/TVL multiple of 0.06× is sometimes read as a discount, though it can also reflect minimal fee accrual to the token. A further 302,9 mil US$ 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.

Belt Finance operates in the Yield category of DeFi. It is deployed across 3 chains, including Binance, Klaytn, Heco. The codebase has been independently audited (1 report on file).

Belt Finance operates on 3 networks (Binance, Klaytn, Heco), keeping its surface area narrower than chain-agnostic peers. Roughly 100% of its on-chain value sits on just three networks (Binance, Binance-staking, staking), so a fault on any one of them would affect a large slice of users. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts. Its token market cap (760,2 mil US$) is small relative to TVL (12,8 M US$) — a mcap/TVL ratio of 0.06 is often read as the token being structurally undervalued versus the activity it secures.

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

Belt 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 5191,2 M US$ in deposits, giving you a frame of reference for whether Belt Finance's own TVL is at the top, middle, or tail of the category.

Pendle

TVL 2269,9 M US$ · 24h +0.37%

Spark Savings

TVL 1419,4 M US$ · 24h +0.35%

Convex Finance

TVL 722,7 M US$ · 24h +0.66%

Multipli.fi

TVL 342,7 M US$ · 24h -0.01%

Strata Markets

TVL 259,5 M US$ · 24h +0.70%

infiniFi

TVL 177 M US$ · 24h +1.74%