cryptonist

DeFi protocols

R25

Data as of 3 October 2026 · Official site

R25 is a protocol DefiLlama files under RWA, deployed on 1 chain. On 3 October 2026 it held $133.8M in total value locked, up 1.2% over 30 days, placing it 187th of 225 protocols in this set. 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: $39.7M at the start of the series, $133.8M at the end. $0 $50.0M $100.0M $150.0M $200.0M Apr 26Jun 26Jul 26Aug 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 R25 at 187. 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
187 R25 $133.8M

See all 225 protocols

TVL by chain

TVL by chain, R25, 3 October 2026. Source: DefiLlama.
ChainUSD
Pharos $133.8M

About R25

Category: RWA. Deployed on 1 chain. Listed by DefiLlama on 2026-04-29.

R25 builds RWA vault infrastructure that enables automated and curated on-chain yield strategies (DefiLlama's listing text.)

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