Grove Finance
$1.42B +0.6%24hValue locked
- Value locked
- $1.42B
- 7 days
- +4.5%
- 30 days
- +13.1%
- Fees per day
- $92.93K7-day average
- Fees / value locked
- 2.4%annualised
- Chains
- 5
About Grove Finance
Grove is a capital allocation protocol within the Sky (formerly MakerDAO) ecosystem, launched June 2025. It deploys capital into tokenized RWA assets, Aave lending, Morpho vaults, and Curve LP positions across Ethereum, Base, Avalanche, and Plume.
As of 23 Oct 2026, Grove Finance holds $1.42B in value locked across 5 chains, which ranks it #39 among all the protocols we track. Thirty days ago it ranked about #45. 50% of that sits on Ethereum, its largest deployment. Among on-chain capital allocators it ranks #3 of 33 with 15.1% of the sector, between Veda ($1.83B) and Concrete ($1.29B). Its value locked is up 4.5% over seven days and up 13.1% over 30 days. Users paid an average of $92.93K a day in fees over the last seven days; a year at that pace would equal 2.4% of its value locked, against a sector median of 2.4%.
Value locked by chain
Largest on-chain capital allocators
Full sector| # | Protocol | Chains | Value locked | 7d | Fees/day |
|---|---|---|---|---|---|
| 1 |  Spark Liquidity Layer | Ethereum, Base +5 | $2.73B | −3.6% | $450.9K |
| 2 |  Veda | Ink, Ethereum +11 | $1.83B | −0.3% | $179.1K |
| 3 | Grove Finance | Ethereum, Base +3 | $1.42B | +4.5% | $92.93K |
| 4 |  Concrete | Ethereum, Stable +3 | $1.29B | +6.9% | $40.39K |
| 5 |  ether.fi Liquid | Ethereum | $396.3M | −1.2% | $973 |
| 6 |  Upshift | Ethereum, Flare +10 | $387.4M | 0.0% | $67.61K |
| 7 |  Mellow Core | Ethereum, Rootstock +3 | $259.2M | −1.0% | – |
| 8 |  Aera V3 | Base, Morph +3 | $192.9M | +15.3% | $15.64K |
