ELYFI

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

ELYFI's governance or utility token carries a market capitalisation of 226 mil US$ based on circulating supply at the latest DeFiLlama snapshot. The market is pricing the token (226 mil US$) above the protocol's on-chain TVL (40,8 US$) — a mcap/TVL multiple of 5534.30× implies investors are paying for expected future fee flows rather than current deposits alone. A further 323,1 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.

Eventos importantes señalados por la comunidad de DeFiLlama — lanzamientos del protocolo, exploits, cambios de gobernanza y programas de incentivos.

1. Feb 23, 2022
   Listado en DeFiLlama

ELYFI operates in the RWA category of DeFi. It is deployed across 3 chains, including Ethereum, Binance, Klaytn. The codebase has been independently audited (2 reports on file).

ELYFI operates on 3 networks (Ethereum, Binance, Klaytn), keeping its surface area narrower than chain-agnostic peers. TVL is comparatively balanced across networks: even the largest deployment (borrowed) holds only 37% of the protocol's value. Two audit reports are published on DeFiLlama, which is in line with typical practice for protocols at this scale. Its token market cap (226 mil US$) currently exceeds total value locked (40,8 US$) — a mcap/TVL ratio of 5534.30 suggests the market is pricing in more growth than current deposits support.

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

ELYFI is one of 7 RWA protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Tether Gold, BlackRock BUIDL, Paxos Gold, and 3 more. These peer protocols collectively secure 14,3 mil M US$ in deposits, giving you a frame of reference for whether ELYFI's own TVL is at the top, middle, or tail of the category.

Tether Gold

TVL 3569,1 M US$ · 24h -0.43%

BlackRock BUIDL

TVL 2542,1 M US$ · 24h +0.43%

Paxos Gold

TVL 2496,6 M US$ · 24h -0.60%

Circle USYC

TVL 2368 M US$ · 24h +4.42%

Ondo Yield Assets

TVL 2037,1 M US$ · 24h -0.67%

Centrifuge Protocol

TVL 1294,1 M US$ · 24h +4.07%