TVL Breaks $3 Billion: How Lista DAO Became the 'Third Financial Base' of the BNB Chain? (Issue 4)
Data doesn't lie.
As of Q3 2025, Lista DAO's TVL has surpassed $3 billion, firmly securing the third position on the BNB Chain. This is a threshold for any DeFi protocol on the chain to be considered 'system-level infrastructure.'
How did it run so fast?
1️⃣ slisBNB: Yield Engine → Users stake BNB without losing liquidity, with an annualized yield exceeding 40%.
2️⃣ lisUSD: Capital Leverage → The CDP model turns collateral assets into stablecoins, improving capital efficiency.
3️⃣ USD1: Ecological Main Road → Has become the most important stablecoin hub on the BNB Chain, with TVL exceeding $100 million and significantly improving fund utilization rate.
These three factors work together to form a dual-circulation capital pool:
Internal circulation: Users stake, borrow, and mint.
External circulation: Integration with protocols like Pendle, Launchpool, Vault, etc.
The end result is that funds can be both 'efficiently used' and willing to 'settle long-term.'
Therefore, the breakthrough of Lista DAO's TVL is not just about the size, but it represents that it has become another 'financial base' following PancakeSwap and Venus.
This also explains why the name of Lista DAO is appearing more frequently in the narrative of the BNB ecosystem.
@ListaDAO #ListaDAO领跑USD1链上流动性 $LISTA
👉 Do you think Lista's TVL can reach $5 billion in the future and firmly secure the second position on the BNB Chain?