cryptonist

DeFi protocols

M0

Data as of 3 October 2026 · Official site

M0 is a protocol DefiLlama files under Stablecoin Issuer, deployed on 1 chain. On 3 October 2026 it held $199.8M in total value locked, up 7.6% over 30 days, placing it 150th of 225 protocols in this set. DefiLlama recorded $517K in fees over the previous 30 days. TVL is deposits at current prices, not revenue and not users. The note below says what it leaves out.

Total value locked, over time

Total value locked, USD: $54.5M at the start of the series, $199.8M at the end. $0 $250.0M $500.0M $750.0M $1.0B Oct 24Apr 25Oct 25Apr 26Oct 26
Total value locked, USD. Weekly points for the last two years, monthly before. Source: DefiLlama, retrieved 3 October 2026.

Among protocols

Total value locked by protocol, 225 tracked: top 24, and M0 at 150. Source: DefiLlama, 3 October 2026.
#ProtocolTotal value locked
1 Lido $26.4B
2 Aave V3 $18.1B
3 SSV Network $14.0B
4 LayerZero V2 $11.7B
5 Morpho Blue $11.3B
6 Binance staked ETH $10.0B
7 WBTC $9.9B
8 Coinbase Bridge $8.4B
9 Hyperliquid Bridge $7.1B
10 EigenCloud $7.0B
11 Sky Lending $5.9B
12 Binance Bitcoin $5.8B
13 SparkLend $5.5B
14 ether.fi Stake $5.2B
15 Ethena USDe $4.9B
16 JustLend V1 $3.9B
17 Arbitrum Bridge $3.7B
18 Babylon Protocol $3.4B
19 USDT0 $3.4B
20 JustLend sTRX $3.3B
21 Base Bridge $3.2B
22 Maple $3.0B
23 Polygon Bridge $2.9B
24 JustCryptos $2.8B
150 M0 $199.8M

See all 225 protocols

TVL by chain

TVL by chain, M0, 3 October 2026. Source: DefiLlama.
ChainUSD
Ethereum $199.8M

Fees recorded by DefiLlama

Fees recorded by DefiLlama, M0, 3 October 2026. Source: DefiLlama.
WindowUSD
24 hours $18K
30 days $517K
1 year $15.8M

About M0

Category: Stablecoin Issuer. Deployed on 1 chain. Listed by DefiLlama on 2024-10-15.

M0 is the modular stablecoin infrastructure. Build a stablecoin around your business, with the freedom to choose your regulated issuer and the option to change later (DefiLlama's listing text.)

Source: DefiLlama, retrieved 3 October 2026, under its open methodology. Figures are a dated snapshot, not a live feed.