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
$ 104.152B
Change (24h)
0.49%
Uniswap v3 Dominance
10.38 %

Historical Chart TVL in DeFi

# NameChain 1d Change 7d Change Audited TVL TVL in BTCTVL in ETH
1 Uniswap v3

Uniswap v3

UNI

Ethereum 0.00% 0.00% $ 10.813B 363.186K BTC 5.454M ETH
2 MakerDAO

MakerDAO

MKR

Ethereum 1.01% -6.78% $ 9.864B 331.334K BTC 4.976M ETH
3 AAVE

AAVE

AAVE

Multi-Chain 0.01% 2.84% $ 8.667B 291.105K BTC 4.372M ETH
4 Lido

Lido

LDO

Multi-Chain 0.00% -3.95% $ 8.503B 285.594K BTC 4.289M ETH
5 WBTC

WBTC

WBTC

Ethereum 1.35% -4.02% $ 8.227B 276.348K BTC 4.150M ETH
6 Curve

Curve

CRV

Multi-Chain 1.86% 4.78% $ 7.477B 251.149K BTC 3.772M ETH
7 Convex Finance

Convex Finance

CVX

Ethereum 0.85% 3.08% $ 5.372B 180.425K BTC 2.710M ETH
8 PancakeSwap

PancakeSwap

CAKE

Binance 0.91% 9.31% $ 4.274B 143.563K BTC 2.156M ETH
9 Compound

Compound

COMP

Ethereum 1.01% 0.90% $ 4.200B 141.086K BTC 2.119M ETH
10 AnySwap

AnySwap

ANY

Multi-Chain 0.30% -2.10% $ 3.477B 116.802K BTC 1.754M ETH
11 InstaDApp

InstaDApp

INST

Ethereum 0.00% 0.00% $ 2.509B 84.266K BTC 1.265M ETH
12 DefiChain

DefiChain

DFI

DefiChain 0.00% 0.00% $ 2.209B 74.198K BTC 1.114M ETH
13 Uniswap

Uniswap

UNI

Ethereum -0.26% -5.49% $ 1.699B 57.080K BTC 857.202K ETH
14 Yearn Finance

Yearn Finance

YFI

Ethereum -0.08% 1.30% $ 1.291B 43.362K BTC 651.193K ETH
15 Frax

Frax

FXS

Ethereum -0.10% -3.76% $ 1.249B 41.944K BTC 629.896K ETH
16 hBTC

hBTC

hBTC

Ethereum 1.29% -0.88% $ 1.169B 39.262K BTC 589.622K ETH
17 dYdX

dYdX

Ethereum -1.18% -0.71% $ 953.525M 32.028K BTC 480.973K ETH
18 SushiSwap

SushiSwap

SUSHI

Multi-Chain 0.50% -8.88% $ 863.308M 28.997K BTC 435.467K ETH
19 Balancer

Balancer

BAL

Ethereum 0.38% -0.13% $ 815.172M 27.380K BTC 411.186K ETH
20 Venus

Venus

XVS

Binance 1.39% 2.33% $ 812.474M 27.290K BTC 409.825K ETH
21 Abracadabra

Abracadabra

SPELL

Ethereum -0.57% -6.86% $ 707.464M 23.763K BTC 356.856K ETH
22 Alpaca Finance

Alpaca Finance

ALPACA

Binance 0.66% 11.79% $ 682.381M 22.920K BTC 344.204K ETH
23 MDEX

MDEX

MDX

Multi-Chain -0.03% 0.09% $ 675.968M 22.705K BTC 340.969K ETH
24 Liquity

Liquity

LQTY

Ethereum 0.78% -5.15% $ 648.310M 21.776K BTC 327.018K ETH
25 Bancor

Bancor

BNT

Ethereum -1.12% 33.98% $ 622.566M 20.911K BTC 314.033K ETH
26 BiSwap

BiSwap

BSW

Binance 1.80% 8.16% $ 612.146M 20.561K BTC 308.776K ETH
27 Synthetix

Synthetix

SNX

Ethereum 0.00% -1.31% $ 533.676M 17.925K BTC 269.195K ETH
28 Tornado Cash

Tornado Cash

TORN

Ethereum -0.07% 14.09% $ 509.622M 17.117K BTC 257.062K ETH
29 DefiSaver

DefiSaver

Ethereum 0.00% 0.00% $ 439.164M 14.751K BTC 221.521K ETH
30 Quickswap

Quickswap

QUICK

Polygon -1.56% -5.17% $ 434.210M 14.585K BTC 219.023K ETH
31 Beefy Finance

Beefy Finance

BIFI

Multi-Chain 2.53% 1.64% $ 399.255M 13.410K BTC 201.390K ETH
32 Flexa

Flexa

AMP

Ethereum 0.85% -10.26% $ 365.165M 12.265K BTC 184.195K ETH
33 SolFarm

SolFarm

TULIP

Solana -0.26% -4.33% $ 364.849M 12.255K BTC 184.036K ETH
34 Olympus DAO

Olympus DAO

OHM

Ethereum 0.84% -0.14% $ 361.570M 12.145K BTC 182.382K ETH
35 CREAM Finance

CREAM Finance

CREAM

Multi-Chain 1.14% 7.12% $ 339.079M 11.389K BTC 171.037K ETH
36 xDAI Stake

xDAI Stake

STAKE

Multi-Chain -4.08% -9.42% $ 328.515M 11.034K BTC 165.708K ETH
37 Raydium

Raydium

RAY

Solana -1.35% -11.15% $ 327.533M 11.001K BTC 165.213K ETH
38 Serum

Serum

SRM

Solana 4.49% -3.80% $ 323.843M 10.877K BTC 163.352K ETH
39 Armor

Armor

ARMOR

Ethereum 0.46% -6.91% $ 319.011M 10.715K BTC 160.915K ETH
40 RenVM

RenVM

REN

Multi-Chain 2.84% -2.36% $ 317.422M 10.662K BTC 160.113K ETH
41 Gambit Protocol

Gambit Protocol

GMT

Binance 0.61% 5.72% $ 311.481M 10.462K BTC 157.116K ETH
42 Orca

Orca

Solana -0.37% 13.12% $ 307.067M 10.314K BTC 154.890K ETH
43 Nexus Mutual

Nexus Mutual

NXM

Ethereum 0.45% -5.48% $ 304.355M 10.223K BTC 153.522K ETH
44 KlaySwap

KlaySwap

KSP

Klaytn -1.40% 6.05% $ 297.467M 9.992K BTC 150.047K ETH
45 Osmosis

Osmosis

OSMO

Osmosis -4.25% 2.48% $ 290.148M 9.746K BTC 146.356K ETH
46 Stacks

Stacks

STX

Stacks -1.10% -4.17% $ 281.186M 9.445K BTC 141.835K ETH
47 Fei Protocol

Fei Protocol

FEI

Ethereum 0.78% 12.91% $ 272.029M 9.137K BTC 137.216K ETH
48 Tranchess

Tranchess

CHESS

Binance 1.64% 0.49% $ 267.234M 8.976K BTC 134.797K ETH
49 Kava

Kava

KAVA

Kava -0.93% 0.82% $ 260.948M 8.765K BTC 131.626K ETH
50 Neutrino

Neutrino

NSBT

Waves -2.82% -28.62% $ 252.478M 8.480K BTC 127.354K 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.