Total Value Locked (TVL) in DeFi protocols

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.

Total Value Locked
$ 67.085B
Change (24h)
-0.13%
AAVE Dominance
12.16 %

Historical Chart TVL in DeFi

# NameChain 1d Change 7d Change Audited TVL TVL in BTCTVL in ETH
1 AAVE

AAVE

AAVE

Multi-Chain 0.00% 0.00% $ 8.155B 427.098K BTC 6.144M ETH
2 MakerDAO

MakerDAO

MKR

Ethereum 0.21% -2.86% $ 7.300B 382.322K BTC 5.500M ETH
3 Curve

Curve

CRV

Multi-Chain 0.00% 0.00% $ 7.105B 372.113K BTC 5.353M ETH
4 Lido

Lido

LDO

Multi-Chain 0.43% -6.47% $ 5.983B 313.384K BTC 4.509M ETH
5 WBTC

WBTC

WBTC

Ethereum 0.60% -6.09% $ 4.669B 244.520K BTC 3.518M ETH
6 Convex Finance

Convex Finance

CVX

Ethereum 0.23% 2.89% $ 3.960B 207.417K BTC 2.984M ETH
7 PancakeSwap

PancakeSwap

CAKE

Binance 0.00% 0.00% $ 3.782B 198.083K BTC 2.850M ETH
8 InstaDApp

InstaDApp

INST

Ethereum 0.00% 0.00% $ 2.481B 129.941K BTC 1.869M ETH
9 DefiChain

DefiChain

DFI

DefiChain 0.00% 0.00% $ 2.209B 115.697K BTC 1.664M ETH
10 Compound

Compound

COMP

Ethereum -0.52% 3.48% $ 2.173B 113.792K BTC 1.637M ETH
11 AnySwap

AnySwap

ANY

Multi-Chain -0.05% -1.77% $ 1.659B 86.885K BTC 1.250M ETH
12 Uniswap

Uniswap

UNI

Ethereum 0.00% 0.00% $ 1.602B 83.917K BTC 1.207M ETH
13 Frax

Frax

FXS

Ethereum 0.00% -6.51% $ 1.135B 59.461K BTC 855.446K ETH
14 Balancer

Balancer

BAL

Ethereum 0.00% 0.00% $ 802.980M 42.056K BTC 605.042K ETH
15 SushiSwap

SushiSwap

SUSHI

Multi-Chain 0.00% 0.00% $ 789.729M 41.362K BTC 595.058K ETH
16 MDEX

MDEX

MDX

Multi-Chain 0.00% 0.00% $ 668.604M 35.018K BTC 503.790K ETH
17 Venus

Venus

XVS

Binance 0.01% -0.70% $ 635.284M 33.273K BTC 478.684K ETH
18 BiSwap

BiSwap

BSW

Binance 0.00% 0.00% $ 508.456M 26.630K BTC 383.119K ETH
19 Alpaca Finance

Alpaca Finance

ALPACA

Binance 0.32% -3.42% $ 498.372M 26.102K BTC 375.521K ETH
20 DefiSaver

DefiSaver

Ethereum 0.00% 0.00% $ 439.164M 23.001K BTC 330.908K ETH
21 Yearn Finance

Yearn Finance

YFI

Ethereum 0.07% -6.25% $ 438.625M 22.973K BTC 330.502K ETH
22 Gambit Protocol

Gambit Protocol

GMT

Binance 0.53% 5.49% $ 431.960M 22.624K BTC 325.480K ETH
23 Liquity

Liquity

LQTY

Ethereum 0.42% -2.52% $ 420.127M 22.004K BTC 316.564K ETH
24 dYdX

dYdX

Ethereum -0.28% -11.18% $ 418.201M 21.903K BTC 315.113K ETH
25 Synthetix

Synthetix

SNX

Ethereum -1.22% -5.37% $ 410.692M 21.510K BTC 309.455K ETH
26 Quickswap

Quickswap

QUICK

Polygon 0.00% 0.00% $ 401.680M 21.038K BTC 302.664K ETH
27 Abracadabra

Abracadabra

SPELL

Ethereum 0.13% -10.89% $ 377.496M 19.771K BTC 284.441K ETH
28 Sablier Finance

Sablier Finance

Ethereum -23.58% 288.36% $ 365.896M 19.164K BTC 275.701K ETH
29 hBTC

hBTC

hBTC

Ethereum 1.12% -4.11% $ 363.926M 19.061K BTC 274.217K ETH
30 xDAI Stake

xDAI Stake

STAKE

Multi-Chain -0.03% -0.33% $ 290.924M 15.237K BTC 219.210K ETH
31 Beefy Finance

Beefy Finance

BIFI

Multi-Chain -0.48% -3.31% $ 287.626M 15.064K BTC 216.725K ETH
32 Olympus DAO

Olympus DAO

OHM

Ethereum 0.07% -4.63% $ 243.666M 12.762K BTC 183.601K ETH
33 Osmosis

Osmosis

OSMO

Osmosis -1.05% -12.40% $ 222.994M 11.679K BTC 168.025K ETH
34 Armor

Armor

ARMOR

Ethereum 0.34% -7.58% $ 192.687M 10.092K BTC 145.189K ETH
35 Nexus Mutual

Nexus Mutual

NXM

Ethereum 0.35% -7.44% $ 183.539M 9.613K BTC 138.296K ETH
36 KlaySwap

KlaySwap

KSP

Klaytn -0.05% 1.15% $ 178.141M 9.330K BTC 134.228K ETH
37 Stacks

Stacks

STX

Stacks -0.85% -5.36% $ 176.831M 9.261K BTC 133.241K ETH
38 Tornado Cash

Tornado Cash

TORN

Ethereum 0.07% -4.87% $ 167.364M 8.766K BTC 126.108K ETH
39 Ankr

Ankr

ANKR

Ethereum -0.33% 28.45% $ 164.225M 8.601K BTC 123.743K ETH
40 Raydium

Raydium

RAY

Solana -0.58% -1.94% $ 159.486M 8.353K BTC 120.172K ETH
41 Kava

Kava

KAVA

Kava 0.58% 4.15% $ 145.938M 7.643K BTC 109.963K ETH
42 Loopring

Loopring

LRC

Ethereum -1.76% -7.12% $ 137.369M 7.195K BTC 103.507K ETH
43 Hard Protocol

Hard Protocol

HARD

Kava 0.74% 4.43% $ 118.949M 6.230K BTC 89.628K ETH
44 Fantom

Fantom

FTM

Fantom 0.00% 0.00% $ 117.141M 6.135K BTC 88.265K ETH
45 SolFarm

SolFarm

TULIP

Solana -0.62% -4.44% $ 115.332M 6.040K BTC 86.902K ETH
46 Mango Markets

Mango Markets

Solana -0.50% -2.83% $ 110.963M 5.812K BTC 83.610K ETH
47 SpookySwap

SpookySwap

BOO

Fantom -0.34% -4.10% $ 109.307M 5.725K BTC 82.363K ETH
48 Flexa

Flexa

AMP

Ethereum -0.53% -8.11% $ 106.858M 5.597K BTC 80.517K ETH
49 StakeWise

StakeWise

SWISE

Ethereum 0.35% -7.55% $ 105.855M 5.544K BTC 79.761K ETH
50 RenVM

RenVM

REN

Multi-Chain 2.04% -24.28% $ 101.942M 5.339K BTC 76.813K ETH

Total value of locked (TVL) in DeFi

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.


What is the benefits of decentralized finance?

  • Unlike traditional finance that relies on institutions like banks, with DeFi there is no need for an intermediary.
  • Users have full control over their funds at any times.
  • This type of financial system helps facilitate access for people who do not have access to financial services.
  • Anyone can access a wide range of financial services.
  • Costs related to product use and supply are reduced.

  • In which cases do we use DeFi?

    There are three main use cases for DeFi.

    Lending or borrowing

    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.

    For money banking services

    DeFi applications are decentralized financial applications (dapps). As part of monetary banking services, one can have the issuance of insurance, stablecoins, or mortgages.

    For decentralized market (Exchanges)

    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.