Chainlink’s Smart Value Recapture product pulled in $3.57 million in revenue last week. Year-to-date, that figure now sits at $12.43 million.
SVR works by capturing what’s called oracle extractable value, or OEV. Every time a lending protocol like Aave needs to liquidate an undercollateralized position, there’s a window where the timing of the oracle price update creates value that would normally leak out to arbitrage bots. SVR runs an auction for the right to trigger those liquidations, captures that value, and splits it between Chainlink and the DeFi protocol hosting the activity.
Where the money actually goes
Of last week’s $3.57 million, roughly $2.3 million flowed back to DeFi protocols and approximately $1.27 million went to Chainlink.
Aave is the dominant player here, accounting for roughly 92% of total SVR revenue. Compound, Venus, and Morpho have also contributed to the recaptured value pool. Aave’s governance voted to adopt SVR on Arbitrum and Base in March 2026.
