Veda
$1.83B 0.0%24hValue locked
- Value locked
- $1.83B
- 7 days
- −0.3%
- 30 days
- −3.7%
- Fees per day
- $179.1K7-day average
- Fees / value locked
- 3.6%annualised
- Chains
- 13
About Veda
Veda is the leading DeFi vault platform, enabling crypto applications, asset issuers, and protocols to build consumer-grade cross chain yield products. Veda's technology is powering many of DeFi's largest vault products, including ether.fi Liquid, Lombard DeFi Vault, and Mantle cmETH.
As of 23 Oct 2026, Veda holds $1.83B in value locked across 13 chains, which ranks it #29 among all the protocols we track. 48% of that sits on Ink, its largest deployment. Among on-chain capital allocators it ranks #2 of 33 with 19.5% of the sector, between Spark Liquidity Layer ($2.73B) and Grove Finance ($1.42B). Its value locked is down 0.3% over seven days and down 3.7% over 30 days. Users paid an average of $179.1K a day in fees over the last seven days; a year at that pace would equal 3.6% 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 |
