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
$ 132.014B
Change (24h)
-0.25%
AAVE Dominance
9.74 %

Historical Chart TVL in DeFi

# Name Chain 1d Change 7d Change Audited TVL TVL in BTC TVL in ETH
1 AAVE

AAVE

AAVE

Multi-Chain -2.21% 7.05% $ 12.858B 331.722K BTC 5.067M ETH
2 Curve

Curve

CRV

Multi-Chain 0.66% 5.64% $ 9.836B 253.742K BTC 3.876M ETH
3 InstaDApp

InstaDApp

INST

Ethereum -0.66% 8.33% $ 9.096B 234.651K BTC 3.584M ETH
4 Compound

Compound

COMP

Ethereum 0.04% 9.80% $ 8.964B 231.256K BTC 3.532M ETH
5 PancakeSwap

PancakeSwap

CAKE

Binance -0.63% 4.83% $ 8.208B 211.757K BTC 3.234M ETH
6 WBTC

WBTC

WBTC

Ethereum -1.08% 6.47% $ 7.583B 195.621K BTC 2.988M ETH
7 MakerDAO

MakerDAO

MKR

Ethereum -0.90% 15.06% $ 7.559B 195.000K BTC 2.978M ETH
8 Convex Finance

Convex Finance

CVX

Ethereum -0.05% 5.20% $ 4.508B 116.299K BTC 1.776M ETH
9 Uniswap

Uniswap

UNI

Ethereum -1.71% 9.51% $ 3.966B 102.323K BTC 1.563M ETH
10 Yearn Finance

Yearn Finance

YFI

Ethereum 0.57% 3.54% $ 3.804B 98.149K BTC 1.499M ETH
11 SushiSwap

SushiSwap

SUSHI

Multi-Chain 0.82% 14.25% $ 3.290B 84.888K BTC 1.297M ETH
12 Lido

Lido

LDO

Multi-Chain 1.23% 29.08% $ 2.750B 70.943K BTC 1.084M ETH
13 MDEX

MDEX

MDX

Multi-Chain 0.40% 169.63% $ 2.224B 57.365K BTC 876.195K ETH
14 Uniswap v3

Uniswap v3

UNI

Ethereum 4.62% 14.69% $ 2.057B 53.072K BTC 810.637K ETH
15 Liquity

Liquity

LQTY

Ethereum 0.71% 18.58% $ 1.990B 51.346K BTC 784.259K ETH
16 Venus

Venus

XVS

Binance 1.19% 13.22% $ 1.963B 50.655K BTC 773.705K ETH
17 Mirror

Mirror

MIR

Multi-Chain -0.17% -0.94% $ 1.672B 43.124K BTC 658.689K ETH
18 Synthetix

Synthetix

SNX

Ethereum -0.03% 10.95% $ 1.627B 41.967K BTC 641.003K ETH
19 hBTC

hBTC

hBTC

Ethereum -1.08% 6.80% $ 1.572B 40.559K BTC 619.500K ETH
20 Flexa

Flexa

AMP

Ethereum -1.24% 2.06% $ 1.540B 39.737K BTC 606.944K ETH
21 Balancer

Balancer

BAL

Ethereum 0.52% 4.03% $ 1.536B 39.633K BTC 605.368K ETH
22 Alpaca Finance

Alpaca Finance

ALPACA

Binance -2.29% 10.74% $ 1.454B 37.509K BTC 572.913K ETH
23 Bancor

Bancor

BNT

Ethereum -0.05% 13.05% $ 1.387B 35.781K BTC 546.531K ETH
24 Anchor

Anchor

ANC

Terra 1.50% 24.63% $ 1.371B 35.366K BTC 540.182K ETH
25 CREAM Finance

CREAM Finance

CREAM

Multi-Chain 0.00% 5.85% $ 1.231B 31.747K BTC 484.904K ETH
26 Belt Finance

Belt Finance

BELT

Binance -2.35% 64.80% $ 1.218B 31.420K BTC 479.909K ETH
27 Ellipsis Finance

Ellipsis Finance

EPS

Binance 0.02% -1.24% $ 1.215B 31.344K BTC 478.751K ETH
28 Quickswap

Quickswap

QUICK

Polygon 0.75% 20.47% $ 1.141B 29.434K BTC 449.580K ETH
29 Alpha Finance

Alpha Finance

ALPHA

Multi-Chain 0.18% -0.12% $ 1.040B 26.826K BTC 409.741K ETH
30 Autofarm

Autofarm

AUTO

Multi-Chain -6.56% 9.35% $ 793.981M 20.483K BTC 312.865K ETH
31 Bunny

Bunny

BUNNY

Binance 0.08% 5.72% $ 751.261M 19.381K BTC 296.032K ETH
32 O3 Swap

O3 Swap

O3

PolyNetwork -0.52% 23.13% $ 726.338M 18.738K BTC 286.211K ETH
33 RenVM

RenVM

REN

Multi-Chain -0.90% 16.41% $ 623.633M 16.089K BTC 245.740K ETH
34 Alchemix

Alchemix

ALCX

Ethereum 1.49% -34.99% $ 606.426M 15.645K BTC 238.960K ETH
35 Raydium

Raydium

RAY

Solana -0.26% 3.12% $ 582.971M 15.040K BTC 229.718K ETH
36 Sablier Finance

Sablier Finance

Ethereum 0.40% 1.66% $ 571.592M 14.746K BTC 225.234K ETH
37 Badger DAO

Badger DAO

BADGER

Ethereum -0.94% 6.89% $ 558.142M 14.399K BTC 219.934K ETH
38 Iron Finance

Iron Finance

IRON

Multi-Chain -4.20% -27.21% $ 541.728M 13.976K BTC 213.466K ETH
39 Beefy Finance

Beefy Finance

BIFI

Multi-Chain 2.07% 12.84% $ 539.198M 13.910K BTC 212.469K ETH
40 Tornado Cash

Tornado Cash

TORN

Ethereum 0.81% 19.74% $ 514.039M 13.261K BTC 202.555K ETH
41 BXH

BXH

BXH

Heco -9.16% 157.30% $ 494.237M 12.750K BTC 194.752K ETH
42 Armor

Armor

ARMOR

Ethereum 0.82% 18.76% $ 468.036M 12.075K BTC 184.428K ETH
43 DefiSaver

DefiSaver

Ethereum 0.87% 32.84% $ 464.703M 11.989K BTC 183.115K ETH
44 Wault

Wault

WEX

Binance 1.97% 25.55% $ 459.608M 11.857K BTC 181.107K ETH
45 Vesper

Vesper

VSP

Ethereum 0.18% 11.20% $ 443.113M 11.432K BTC 174.607K ETH
46 Kyber

Kyber

KNC

Ethereum 1.83% 8.41% $ 441.923M 11.401K BTC 174.138K ETH
47 Nexus Mutual

Nexus Mutual

NXM

Ethereum 0.84% 19.61% $ 419.946M 10.834K BTC 165.478K ETH
48 Harvest Finance

Harvest Finance

FARM

Ethereum -1.01% 18.80% $ 418.621M 10.800K BTC 164.956K ETH
49 Stacks

Stacks

STX

Stacks 1.63% -6.38% $ 412.215M 10.634K BTC 162.432K ETH
50 BiSwap

BiSwap

BSW

Binance 1.98% 11.36% $ 392.141M 10.117K BTC 154.522K 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.