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 | 
|---|---|---|---|---|---|---|---|---|
| 143 | 
 DeversiFi DVF  | Ethereum | 43.61% | 28.83% | $ 663.698K | 6 BTC | 181 ETH | |
| 149 | 
 SecretSwap SEFI  | Secret | 17.46% | 19.59% | $ 603.103K | 6 BTC | 165 ETH | |
| 269 | 
 DeFiner FIN  | Ethereum | 11.37% | -13.36% | $ 546 | 0 BTC | 0 ETH | |
| 193 | 
 Geyser GYSR  | Multi-Chain | 5.01% | 0.65% | $ 167.673K | 2 BTC | 46 ETH | |
| 203 | 
 xDollar XDO  | Polygon | 4.15% | -7.78% | $ 138.315K | 1 BTC | 38 ETH | |
| 142 | 
 Tokenlon LON  | Ethereum | 4.04% | 22.96% | $ 671.991K | 6 BTC | 183 ETH | |
| 5 | 
 MakerDAO MKR  | Ethereum | 3.61% | -2.51% | $ 6.872B | 65.394K BTC | 1.875M ETH | |
| 22 | 
 Lightning Network  | Bitcoin | 2.03% | -1.60% | $ 455.011M | 4.330K BTC | 124.142K ETH | |
| 144 | 
 Adamant Finance ADDY  | Polygon | 1.56% | -4.58% | $ 658.745K | 6 BTC | 180 ETH | |
| 239 | 
 TrueFi TRU  | Ethereum | 0.09% | -23.77% | $ 25.778K | 0 BTC | 7 ETH | |
| 177 | 
 Iron Finance IRON  | Multi-Chain | 0.06% | 0.05% | $ 316.098K | 3 BTC | 86 ETH | |
| 195 | 
 Dopple Finance DOP  | Binance | 0.04% | -0.14% | $ 163.464K | 2 BTC | 45 ETH | |
| 46 | 
 Idle Finance IDLE  | Ethereum | 0.04% | -0.21% | $ 48.522M | 462 BTC | 13.238K ETH | |
| 123 | 
 DerivaDEX DDX  | Ethereum | 0.02% | 0.04% | $ 1.446M | 14 BTC | 394 ETH | |
| 247 | 
 Qilin QI  | Ethereum | 0.01% | -0.01% | $ 14.030K | 0 BTC | 4 ETH | |
| 136 | 
 Smoothy SMTY  | Ethereum | 0.01% | 0.02% | $ 949.945K | 9 BTC | 259 ETH | |
| 246 | 
 Channels Finance CAN  | Heco | 0.00% | 0.00% | $ 14.150K | 0 BTC | 4 ETH | |
| 219 | 
 Pippi PIPI  | Heco | 0.00% | 0.00% | $ 75.169K | 1 BTC | 21 ETH | |
| 205 | 
 UniTrade TRADE  | Ethereum | 0.00% | 0.00% | $ 133.763K | 1 BTC | 36 ETH | |
| 100 | 
 Notional  | Ethereum | 0.00% | 0.00% | $ 3.065M | 29 BTC | 836 ETH | |
| 80 | 
 Visor Finance VISR  | Ethereum | 0.00% | 0.00% | $ 9.125M | 87 BTC | 2.490K ETH | |
| 36 | 
 AnySwap ANY  | Multi-Chain | 0.00% | 0.00% | $ 92.698M | 882 BTC | 25.291K ETH | |
| 84 | 
 Secret Network SCRT  | Secret | 0.00% | 0.00% | $ 7.007M | 67 BTC | 1.912K ETH | |
| 225 | 
 Oxygen OXY  | Solana | 0.00% | 0.00% | $ 55.916K | 1 BTC | 15 ETH | |
| 33 | 
 Fantom FTM  | Fantom | 0.00% | 0.00% | $ 117.141M | 1.115K BTC | 31.960K ETH | |
| 274 | 
 WeStarter WAR  | Heco | 0.00% | 0.00% | $ 4 | 0 BTC | 0 ETH | |
| 248 | 
 MakiSwap MAKI  | Heco | 0.00% | 0.00% | $ 13.533K | 0 BTC | 4 ETH | |
| 267 | 
 Synthetix SNX  | Ethereum | 0.00% | 0.00% | $ 1.789K | 0 BTC | 0 ETH | |
| 171 | 
 Volmex  | Ethereum | -0.02% | -0.20% | $ 379.571K | 4 BTC | 104 ETH | |
| 74 | 
 ACryptoS ACS  | Binance | -0.02% | -0.02% | $ 10.564M | 101 BTC | 2.882K ETH | |
| 271 | 
 S Finance SFG  | Ethereum | -0.02% | 0.02% | $ 35 | 0 BTC | 0 ETH | |
| 173 | 
 yAxis YAX  | Ethereum | -0.03% | -0.43% | $ 373.002K | 4 BTC | 102 ETH | |
| 179 | 
 Swerve SWRV  | Ethereum | -0.03% | -0.04% | $ 305.826K | 3 BTC | 83 ETH | |
| 165 | 
 APY.Finance APY  | Ethereum | -0.04% | -0.03% | $ 413.819K | 4 BTC | 113 ETH | |
| 135 | 
 dForce DF  | Multi-Chain | -0.04% | 0.04% | $ 1.013M | 10 BTC | 276 ETH | |
| 153 | 
 BasketDAO BASK  | Ethereum | -0.05% | -0.03% | $ 559.493K | 5 BTC | 153 ETH | |
| 101 | 
 mStable MTA  | Multi-Chain | -0.08% | -0.12% | $ 2.903M | 28 BTC | 792 ETH | |
| 232 | 
 CompliFi COMFI  | Multi-Chain | -0.08% | -0.38% | $ 37.703K | 0 BTC | 10 ETH | |
| 184 | 
 Basis Cash BAC  | Ethereum | -0.09% | -0.14% | $ 271.982K | 3 BTC | 74 ETH | |
| 118 | 
 Nerve NRV  | Binance | -0.15% | -0.98% | $ 1.702M | 16 BTC | 464 ETH | |
| 186 | 
 CVI Finance GOVI  | Ethereum | -0.16% | -0.85% | $ 233.339K | 2 BTC | 64 ETH | |
| 105 | 
 Perpetual Protocol PERP  | xDai | -0.19% | -0.46% | $ 2.644M | 25 BTC | 721 ETH | |
| 160 | 
 Jarvis Network JRT  | Ethereum | -0.24% | -25.44% | $ 459.852K | 4 BTC | 125 ETH | |
| 102 | 
 Erasure NMR  | Ethereum | -0.28% | -2.37% | $ 2.874M | 27 BTC | 784 ETH | |
| 58 | 
 Injective Protocol INJ  | Ethereum | -0.29% | -1.19% | $ 22.519M | 214 BTC | 6.144K ETH | |
| 113 | 
 B.Protocol BPRO  | Ethereum | -0.32% | -1.62% | $ 1.914M | 18 BTC | 522 ETH | |
| 6 | 
 Pendle PENDLE  | Ethereum | -0.32% | -4.68% | $ 6.793B | 64.643K BTC | 1.853M ETH | |
| 174 | 
 Levinswap LEVIN  | xDai | -0.33% | -2.27% | $ 362.275K | 3 BTC | 99 ETH | |
| 242 | 
 Firebird HOPE  | Polygon | -0.34% | -5.18% | $ 19.177K | 0 BTC | 5 ETH | |
| 49 | 
 dYdX  | Ethereum | -0.34% | -1.89% | $ 42.020M | 400 BTC | 11.465K 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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