
Reserve Protocol
Yield-Bearing
Decentralized stability: Index the world's assets without the inflation.

Founders
Nevin Freeman (Co-founder & CEO)
Matt Elder (Co-founder & CTO)
Launch Date
2017
Key Investors
Peter Thiel
Sam Altman
CoinBase
About
Reserve Protocol is a permissionless platform on Ethereum that enables creation of asset-backed currencies (RTokens) and Decentralized Token Folios (DTFs). DTFs function like crypto ETFs, offering 1:1 backed, transparent portfolios of digital assets with 24/7 redemption. With $273M+ TVL and robust security ($2.3M in audits, $5M bug bounty), Reserve aims to create stable currency that doesn't inflate like USD or fluctuate like Bitcoin, essentially indexing world assets in decentralized form.
$273M
TVL in Reserve
$5M
Immunefi bug bounty
Use Cases
- Diversified Crypto Exposure - Invest in DTFs for broad crypto market exposure
- Yield Generation - Use Yield DTFs to diversify across yield-generating strategies
- Launching New DTFs - Companies can create and launch their own DTFs
- Governance - Participate in DTF governance by staking RSR
Decentralized Token Folios (DTFs) and Crypto Exposure
- DTFs are permissionless, tokenized indexes that aim to create a more accessible financial system
- DTFs allow users to gain broad crypto exposure and invest in specific narratives with a single click, similar to ETFs in traditional finance, but in a decentralized manner
- Each Index DTF is backed 1:1, onchain with transparent custody, and fully redeemable 24/7 for underlying assets
- Reserve has $274.9M TVL (Total Value Locked)
- Anyone can create their own DTF
Security and Governance
- Reserve has spent $2.3M on audits
- They offer a $5M Immunefi bug bounty
- Yield DTFs are governed independently by Reserve Rights (RSR) stakers in a fully decentralized manner
- Index DTFs can be governed by holders of any token, including RSR
- Reserves Yield Protocol and Index Protocol have each undergone a rigorous combination of comprehensive system testing and independently-conducted audits
Trusted by
Coindesk, Altcoinist, Bloomberg, Virtuals