LUNC Chain Activity is picking up...

Terra Classic TVL Climbs Off Recent Lows

Terra Classic ($LUNC) is showing early signs of renewed on-chain activity. According to DefiLlama data, the chain's total value locked (TVL) has risen roughly 7% from a recent low of $684,222 recorded on July 28, a modest but notable uptick for a network that has spent much of the past three years rebuilding from scratch.

The move higher was driven by three native protocols: @Terraport (@_Terraport_), Juris Protocol (@JurisProtocol), and GarudaDeFi. Each plays a distinct role in the Terra Classic DeFi stack. Terraport operates as a native decentralized exchange with core $LUNC trading pairs and integrated yield features. Juris Protocol is working to rebuild the Terra Classic DeFi ecosystem with institutional-grade lending and borrowing markets, and is also developing an IBC bridge to enable cross-chain liquidity flow with the broader Cosmos ecosystem. GarudaDeFi is a decentralized exchange built natively on Terra Classic, providing trading infrastructure for the $LUNC ecosystem.

Protocols Add Utility as Chain Eyes Recovery

In May 2026, GarudaDeFi announced a major upgrade, evolving into a full Orderbook and Aggregator DEX designed to deliver a more professional trading experience with better execution, deeper liquidity routing, and improved usability for both retail and advanced traders. Juris Protocol, meanwhile, has been building out a fully integrated DeFi money market system, with lending, borrowing, liquidations, and staking functioning together inside a single framework.

The imminent mainnet launch of Juris Protocol is seen as a key catalyst for new activity on the chain. Broader context matters here. The collapse of the Terra blockchain in 2022 left the Terra Classic ecosystem in a state of uncertainty, sustained primarily by a dedicated community but without a clear vision to drive the network forward. The latest TVL increase, while small in absolute terms, points to incremental progress as native protocols attract liquidity back to the chain.

Whether this momentum holds will depend on continued protocol delivery and whether new users can be drawn into the ecosystem beyond the existing $LUNC community.

Sources:
DefiLlama: Terra Classic Chain TVL
CoinReporter: Terraport and the Terra Classic Ecosystem
CoinReporter: GarudaDeFi Powers Up on Terra Classic