Development Activity
(updated at 13/06/25)
Weekly commits: 4
Monthly commits: 30
Weekly developers: 1
Monthly developers: 21
Last commit: 18 days ago (2025-06-13)
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.
Fees: Includes protocol fees from stability pool operations and YU token distributions on Ethereum. Fees consist of stability pool rewards and protocol fees collected by fee receivers in YU tokens.
Revenue: Revenue comes from YU token distributions to fee receiver addresses on Ethereum.