Soluna

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

Soluna's governance or utility token carries a market capitalisation of US$58.8 based on circulating supply at the latest DeFiLlama snapshot. The token's market cap (US$58.8) is small relative to deposits secured by the protocol (US$1894.9); a mcap/TVL multiple of 0.03× is sometimes read as a discount, though it can also reflect minimal fee accrual to the token.

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.

由 DeFiLlama 社区标记的重要事件——协议上线、安全攻击、治理变更和激励计划。

1. Feb 10, 2022
   上线 DeFiLlama
2. May 7, 2022
   UST depeg

Soluna operates in the Yield category of DeFi. It is deployed on Terra. DeFiLlama tracks 1 historical event for this protocol since 2022.

Soluna is a single-chain protocol, deployed exclusively on Terra — this concentrates execution risk but simplifies the trust model. Its token market cap (US$58.8) is small relative to TVL (US$1894.9) — a mcap/TVL ratio of 0.03 is often read as the token being structurally undervalued versus the activity it secures.

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

Soluna 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 US$51.9亿 in deposits, giving you a frame of reference for whether Soluna's own TVL is at the top, middle, or tail of the category.

Pendle

TVL US$22.7亿 · 24h +0.37%

Spark Savings

TVL US$14.2亿 · 24h +0.35%

Convex Finance

TVL US$7.2亿 · 24h +0.66%

Multipli.fi

TVL US$3.4亿 · 24h -0.01%

Strata Markets

TVL US$2.6亿 · 24h +0.70%

infiniFi

TVL US$1.8亿 · 24h +1.74%