Yala

Total Value Locked$34.23m
Chain Breakdown
Bitcoin$31.78m
Ethereum$2.44m

Protocol Information

Bring Bitcoin's liquidity across blockchains

Category:CDP

Audits:

Development Activity

(updated at 23/05/25)

Weekly commits: 50
Monthly commits: 112
Weekly developers: 12
Monthly developers: 36

Last commit: 11 days ago (2025-05-23)

Methodology

TVL: The Yala Protocol allows users to lock Bitcoin as collateral to mint YU stablecoins. TVL is calculated by tracking the total supply of YBTC tokens (0x27A70B9F8073efE5A02998D5Cc64aCdc9e0Ba589), which represents Bitcoin locked in the protocol. The borrowed/stablecoin metric tracks the total supply of YU tokens (0xE868084cf08F3c3db11f4B73a95473762d9463f7), which represents the USD-pegged stablecoins minted against the Bitcoin collateral. Both token supplies are converted to their respective underlying asset values using CoinGecko price feeds.