Snapshot 2026-10-24Solana slot 460,979,631HyperEVM block 49,425,943methodology v0.2

Economic exposure

Value

Total value locked in each rated protocol, from DefiLlama, grouped by who can upgrade the code. TVL is context: it never changes a rating.

30 days of DefiLlama history · 2 Celebtir snapshots. Missing days remain gaps.

$7.94B

4 protocols without DefiLlama TVL left out

$1.26B

Kamino Lend · 15.8% of analyzed TVL

$2.26B

28.5% of analyzed TVL: upgrades wait for a time lock

$5.68B

71.5% of analyzed TVL: upgrades can apply as soon as signed

Value over time

Unit: US dollars of TVL. Source: DefiLlama, read with each daily snapshot.

2 daily observations. Days without an observation are left as gaps, never filled in.

Value under analyzed protocol controlTotal TVL of every rated protocol, from DefiLlama, one point per daily snapshot.

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Value under analyzed protocol control
Date	Total TVL
2026-10-21	$8.43B
2026-10-24	$7.94B

Value by upgrade controlTVL grouped by the weakest control over each protocol's core programs.

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Value by upgrade control
Date	Single key	Unrecognized	Multisig, no delay	Multisig with delay	Immutable
2026-10-21	$0	$0	$6.02B	$2.41B	$0
2026-10-24	$0	$0	$5.68B	$2.26B	$0

Unit: share of each category's analyzed TVL. Weakest control first.

Category	Single key	Unrecognized	Multisig, no delay	Multisig with delay	Immutable	Total
All	$0 0.0%	$0 0.0%	$5.68B 71.5%	$2.26B 28.5%	$0 0.0%	$7.94B
Liquid staking	$0 0.0%	$0 0.0%	$3.17B 100.0%	$0 0.0%	$0 0.0%	$3.17B
Perps	$0 0.0%	$0 0.0%	$26.49M 3.6%	$703.77M 96.4%	$0 0.0%	$730.26M
Lending	$0 0.0%	$0 0.0%	$1.01B 44.5%	$1.26B 55.5%	$0 0.0%	$2.27B
Spot DEX	$0 0.0%	$0 0.0%	$1.47B 83.1%	$300.11M 16.9%	$0 0.0%	$1.77B

Left out because DefiLlama reported no TVL: Hyperbeat LST, Kinetiq kHYPE, Morpho Blue, stHYPE.

Ranked by TVL. Share is of analyzed TVL; the 7-day change appears once a week of history exists.

#	Protocol	TVL	Share	7d	Upgrade control	Controller
1	Kamino Lend	$1.26B	15.8%	–	Multisig with delay	Squads 5 of 10 · 24 h delay
2	Raydium	$1.14B	14.3%	–	Multisig, no delay	Squads 3 of 4 · no delay
3	Jito	$1.05B	13.2%	–	Multisig, no delay	Squads 6 of 10 · no delay
4	Binance Staked SOL	$1.04B	13.1%	–	Multisig, no delay	Squads 6 of 10 · no delay
5	Jupiter Lend	$1.01B	12.7%	–	Multisig, no delay	Squads 4 of 6 · 12 h delay
6	Jupiter Perps	$703.77M	8.9%	–	Multisig with delay	Squads 4 of 8 · 24 h delay
7	Jupiter Staked SOL	$521.37M	6.6%	–	Multisig, no delay	Squads 6 of 11 · no delay
8	PumpSwap	$335.9M	4.2%	–	Multisig, no delay	Squads 3 of 4 · no delay
9	Orca	$300.11M	3.8%	–	Multisig with delay	Squads 5 of 9 · 24 h delay
10	Forward Industries SOL	$281.03M	3.5%	–	Multisig, no delay	Squads 6 of 11 · no delay
11	Drift Staked SOL	$279.7M	3.5%	–	Multisig, no delay	Squads 6 of 11 · no delay
12	GMX Solana	$26.49M	0.3%	–	Multisig, no delay	Squads 4 of 7 · 600 s delay
13	Hyperbeat LST	Unavailable	–	–	Unrecognized	Unreadable
14	Kinetiq kHYPE	Unavailable	–	–	Multisig, no delay	Safe 4 of 8 · no delay
15	Morpho Blue	Unavailable	–	–	Immutable	Immutable
16	stHYPE	Unavailable	–	–	Unrecognized	Unrecognized

Unit: US dollars and share of the protocols whose asset groups DefiLlama reports.

No asset groups for: Jito, Jupiter Staked SOL, Orca, Raydium.