TVL (EOM) markets

Looking for conditional markets with funding decisions? See CFMs. KPI markets are unconditional and settle on an observed KPI.

Purpose

These markets track a chain's Total Value Locked at the end of the month ("EOM"). Each listed market is curated by Butter and shown on the Markets page.

EOM: Settlement uses a monthly closing snapshot; details live in Methodology.

What users see

• A market title like "Unichain TVL — August 2025 (EOM)".

• Current estimate / Implied TVL (derived from market prices) and a simple chart.

• Buy UP, Buy DOWN, Swap, Sell actions.

[ADD FIGURE — market detail] Alt: Unichain TVL — August 2025 (EOM) market detail with chart and estimate Path: ../.gitbook/assets/kpi-market-detail.png

Notes

• These are not conditional markets; you will not see "if funded" language on KPI pages.

• Markets are curated by Butter; users cannot create new KPI markets in the app.

• Resolution semantics (the definition of "EOM") are documented at a high level in Methodology. No configuration is exposed to users.