Redacted Protocol

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 = Treasury assets (bonding). staking = rlBTRFLY (locked tokens)

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

Redacted Protocol's governance or utility token carries a market capitalisation of 189 mil US$ based on circulating supply at the latest DeFiLlama snapshot. The market is pricing the token (189 mil US$) above the protocol's on-chain TVL (24,8 mil US$) — a mcap/TVL multiple of 7.63× implies investors are paying for expected future fee flows rather than current deposits alone.

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.

Redacted Protocol is published as a versioned release inside the Dinero 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.

Redacted Protocol es una versión dentro de una familia de protocolos mayor. Abre el protocolo padre para ver el TVL combinado y todas las versiones hermanas.

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

1. Dec 20, 2021
   Listado en DeFiLlama

Redacted Protocol operates in the Yield category of DeFi. It is deployed on Ethereum. The codebase has been independently audited (1 report on file).

Redacted Protocol is a single-chain protocol, deployed exclusively on Ethereum — 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. Its token market cap (189 mil US$) currently exceeds total value locked (24,8 mil US$) — a mcap/TVL ratio of 7.63 suggests the market is pricing in more growth than current deposits support.

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

Redacted Protocol 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 Redacted Protocol'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%