The Total Value Locked (TVL) in the DeFi represents the amount of assets deposited by the liquidity providers in the different protocols developed in the DeFi space.
# | Name | Chain | 1d Change | 7d Change | Audited | TVL | TVL in BTC | TVL in ETH |
---|---|---|---|---|---|---|---|---|
261 |
Sifchain EROWAN | Sifchain | 26.68% | 72.47% | $ 15.751K | 0 BTC | 5 ETH | |
53 |
dHEDGE DHT | Ethereum | 4.82% | 61.82% | $ 64.402M | 960 BTC | 20.587K ETH | |
210 |
DFX Finance DFX | Ethereum | -0.20% | 57.56% | $ 233.795K | 3 BTC | 75 ETH | |
268 |
The Grand Banks GRAND | Binance | -1.81% | 55.69% | $ 7.136K | 0 BTC | 2 ETH | |
245 |
Shiba Fantom SHIBA | Fantom | -2.60% | 30.59% | $ 47.558K | 1 BTC | 15 ETH | |
263 |
Aquarius AQU | Fantom | -3.67% | 29.63% | $ 13.426K | 0 BTC | 4 ETH | |
231 |
ShadeCash SHADE | Fantom | -4.37% | 28.61% | $ 115.951K | 2 BTC | 37 ETH | |
62 |
UMA Protocol UMA | Ethereum | 3.01% | 25.59% | $ 40.774M | 608 BTC | 13.034K ETH | |
232 |
Waka Finance WAKA | Fantom | -4.21% | 24.63% | $ 101.131K | 2 BTC | 32 ETH | |
216 |
DEXTF Protocol DEXTF | Ethereum | -2.22% | 23.71% | $ 194.836K | 3 BTC | 62 ETH | |
56 |
Mercurial Finance MER | Solana | -1.23% | 22.88% | $ 58.468M | 872 BTC | 18.690K ETH | |
119 |
Opium OPIUM | Ethereum | 12.59% | 22.52% | $ 4.415M | 66 BTC | 1.411K ETH | |
14 |
Raydium RAY | Solana | -1.30% | 22.33% | $ 913.036M | 13.613K BTC | 291.862K ETH | |
117 |
SpiritSwap SPIRIT | Fantom | -0.99% | 20.09% | $ 5.204M | 78 BTC | 1.664K ETH | |
138 |
Liquid Driver LQDR | Fantom | 2.28% | 19.03% | $ 2.239M | 33 BTC | 716 ETH | |
178 |
Tokenlon LON | Ethereum | -0.29% | 18.96% | $ 639.928K | 10 BTC | 205 ETH | |
241 |
Tomb Finance TOMB | Fantom | -12.96% | 18.94% | $ 69.387K | 1 BTC | 22 ETH | |
81 |
Saber SBR | Solana | -0.76% | 18.24% | $ 20.102M | 300 BTC | 6.426K ETH | |
165 |
Neutrino NSBT | Waves | 0.65% | 17.38% | $ 1.071M | 16 BTC | 342 ETH | |
71 |
SpookySwap BOO | Fantom | -6.82% | 16.83% | $ 31.629M | 472 BTC | 10.111K ETH | |
206 |
YF Link YFL | Ethereum | 2.00% | 16.81% | $ 279.842K | 4 BTC | 89 ETH | |
114 |
Sunny SUNNY | Solana | -0.79% | 16.69% | $ 5.370M | 80 BTC | 1.717K ETH | |
124 |
Kyber KNC | Ethereum | -1.39% | 14.64% | $ 3.679M | 55 BTC | 1.176K ETH | |
32 |
Orca | Solana | -0.91% | 14.50% | $ 241.715M | 3.604K BTC | 77.267K ETH | |
85 |
Harvest Finance FARM | Ethereum | 2.36% | 13.43% | $ 15.249M | 227 BTC | 4.874K ETH | |
34 |
Tranchess CHESS | Binance | 1.44% | 12.44% | $ 190.267M | 2.837K BTC | 60.821K ETH | |
47 |
Index Coop INDEX | Ethereum | -1.49% | 11.18% | $ 77.176M | 1.151K BTC | 24.670K ETH | |
6 |
Pendle PENDLE | Ethereum | -0.42% | 10.42% | $ 4.878B | 72.730K BTC | 1.559M ETH | |
256 |
Vanilla VNL | Ethereum | -2.15% | 10.40% | $ 22.763K | 0 BTC | 7 ETH | |
149 |
Symmetric SYMM | Multi-Chain | -1.65% | 10.39% | $ 1.594M | 24 BTC | 510 ETH | |
72 |
RenVM REN | Multi-Chain | -0.45% | 10.31% | $ 30.184M | 450 BTC | 9.649K ETH | |
10 |
Venus XVS | Binance | -0.77% | 10.23% | $ 1.698B | 25.309K BTC | 542.630K ETH | |
277 |
WeStarter WAR | Heco | 2.78% | 10.12% | $ 936 | 0 BTC | 0 ETH | |
69 |
Bancor BNT | Ethereum | -0.48% | 9.76% | $ 33.774M | 504 BTC | 10.796K ETH | |
43 |
Set Protocol | Ethereum | -1.57% | 9.71% | $ 90.619M | 1.351K BTC | 28.968K ETH | |
92 |
CreamSwap CREAM | Ethereum | 0.16% | 9.39% | $ 11.389M | 170 BTC | 3.641K ETH | |
233 |
ACoconut AC | Multi-Chain | -0.06% | 9.38% | $ 89.157K | 1 BTC | 29 ETH | |
270 |
Flashstake FLASH | Ethereum | -1.17% | 9.30% | $ 6.899K | 0 BTC | 2 ETH | |
103 |
Opyn | Ethereum | -1.00% | 9.15% | $ 7.983M | 119 BTC | 2.552K ETH | |
26 |
Lightning Network | Bitcoin | -0.74% | 9.15% | $ 323.474M | 4.823K BTC | 103.402K ETH | |
2 |
WBTC WBTC | Ethereum | -0.78% | 9.08% | $ 10.369B | 154.589K BTC | 3.314M ETH | |
140 |
DefiDollar DAO DFD | Ethereum | -0.67% | 9.07% | $ 2.185M | 33 BTC | 698 ETH | |
151 |
Strudel Finance TRDL | Ethereum | -0.67% | 9.07% | $ 1.551M | 23 BTC | 496 ETH | |
201 |
Penguin Finance PEFI | Avalanche | -3.25% | 8.91% | $ 315.085K | 5 BTC | 101 ETH | |
36 |
Gambit Protocol GMT | Binance | -0.32% | 8.86% | $ 170.045M | 2.535K BTC | 54.357K ETH | |
13 |
Connext | Multi-Chain | -0.49% | 8.72% | $ 933.320M | 13.915K BTC | 298.346K ETH | |
143 |
PieDAO DOUGH | Ethereum | -0.79% | 8.69% | $ 1.917M | 29 BTC | 613 ETH | |
46 |
MoneyOnChain MOC | RSK | -0.96% | 8.32% | $ 77.701M | 1.158K BTC | 24.838K ETH | |
87 |
SolFarm TULIP | Solana | -1.55% | 8.24% | $ 14.265M | 213 BTC | 4.560K ETH | |
65 |
imToken imBTC | Ethereum | -1.57% | 8.20% | $ 36.253M | 540 BTC | 11.589K ETH |
Decentralized Finance (DeFi) is a financial system that operates without third party. In this financial system, we find the term Total Value Locked or TVL. TVL is an index that measures the health of the DeFi market. It also makes it possible to compare the market share of the different DeFi protocols. You should know that the higher the TVL is in a DeFi project, the better it is for the market.
Since the emergence of DeFi in 2017, the total value of locked funds is still on the rise. At the end of 2018, the TVL was estimated at $ 300 million. A year later, it has more than doubled, including $ 800 million. At the end of 2020 more than $ 50 billion stranded in DeFi projects. Today, the amount of assets deposited by the liquidity providers is estimated at over $ 100 billion.
There are three main use cases for DeFi.
One can easily borrow in this financial system. Here, transactions are settled instantly. There is the possibility of securing digital assets. These borrowing services are based on blockchains. Which reduces counterparty risks, makes loans accessible to everyone.
DeFi applications are decentralized financial applications (dapps). As part of monetary banking services, one can have the issuance of insurance, stablecoins, or mortgages.
This is the greatest potential for financial innovation. The available platforms allow users to trade cryptocurrency without having to go through an third party and without needing KYC. All transactions take place in the blockchain from user to user.
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