TVL (current + 30d trend)

dYdX v4 (dYdX Chain)'s assessment for RD-F-063 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

TVS $99.1M as of 2026-05-17; 30-day change -5.3%; 90-day CoV 10.6% (mean $115.0M, std $12.2M). Sustained decline from ~$325M in Feb 2026 to $99.1M in May 2026 (~-70% over 90 days). Protocol now below $100M current and $250M 12-month-peak coverage thresholds (included under Rule 4). Single-asset composition (100% USDC via Noble IBC) is clean. Trend indicates managed outflow rather than exploit-driven bank run but is persistent and significant.

Sources #

Internal
dYdX v4 data cache (fetched_at 2026-05-17T09:23:36Z).research/protocols/dydx-v4/00-data-cache.json — tvl_cov_90d, tvl_30d_change_pct, tvl_daily seriesretrieved 2026-05-17
URL
dYdX V4 TVL, Fees, Revenue & Volume — DefiLlamaDefiLlama dydx-v4 protocol pageretrieved 2026-05-17

Methodology #

Read current TVL in USD and 30-day trend using DeFiLlama adapter methodology.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol dydx-v4 factor RD-F-063 score yellow collected_at 2026-05-17 09:58:47