diff --git a/projects/R2Protocol/index.js b/projects/R2Protocol/index.js
new file mode 100644
index 0000000000..1e654b8c36
--- /dev/null
+++ b/projects/R2Protocol/index.js
@@ -0,0 +1,22 @@
+const {sumTokens2} = require("../helper/unknownTokens");
+
+async function tvl(api) {
+    const {R2USD, USDC} = config[api.chain]
+    const collateralBalance = await api.call({
+        abi: 'erc20:totalSupply',
+        target: R2USD,
+        params: [],
+    });
+
+    api.add(USDC, collateralBalance)
+}
+
+const config = {
+    ethereum: {R2USD: '0x878706A8d521298f881A34Dc513b3EdE7a2490C7', USDC: "0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48"},
+    bsc: {R2USD: '0x740269008634785Ae4d973dB88aB46BA4e1dEc55', USDC: '0x8AC76a51cc950d9822D68b83fE1Ad97B32Cd580d'}
+}
+
+Object.keys(config).forEach(chain => {
+
+    module.exports[chain] = {tvl, methodology: 'Track the total supply of the R2USD token, which is continuously minted or burned in accordance with USDC.'}
+})
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