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
$ 69.030B
Change (24h)
1.18%
AAVE Dominance
11.81 %

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 402.922K BTC 7.103M ETH
2 MakerDAO

MakerDAO

MKR

Ethereum 2.90% -0.15% $ 7.847B 387.708K BTC 6.834M ETH
3 Curve

Curve

CRV

Multi-Chain 0.00% 0.00% $ 7.105B 351.050K BTC 6.188M ETH
4 WBTC

WBTC

WBTC

Ethereum 3.51% -3.57% $ 5.264B 260.096K BTC 4.585M ETH
5 Lido

Lido

LDO

Multi-Chain 5.62% -2.37% $ 4.941B 244.147K BTC 4.304M ETH
6 PancakeSwap

PancakeSwap

CAKE

Binance 0.00% 0.00% $ 3.782B 186.871K BTC 3.294M ETH
7 Convex Finance

Convex Finance

CVX

Ethereum 1.41% 3.18% $ 3.206B 158.409K BTC 2.792M ETH
8 Compound

Compound

COMP

Ethereum 2.74% -0.43% $ 2.736B 135.204K BTC 2.383M ETH
9 InstaDApp

InstaDApp

INST

Ethereum 0.00% 0.00% $ 2.481B 122.585K BTC 2.161M ETH
10 DefiChain

DefiChain

DFI

DefiChain 0.00% 0.00% $ 2.209B 109.148K BTC 1.924M ETH
11 AnySwap

AnySwap

ANY

Multi-Chain 0.26% -3.25% $ 1.902B 93.979K BTC 1.657M ETH
12 Uniswap

Uniswap

UNI

Ethereum 0.00% 0.00% $ 1.602B 79.167K BTC 1.396M ETH
13 Frax

Frax

FXS

Ethereum -3.60% -4.20% $ 1.261B 62.322K BTC 1.099M ETH
14 Balancer

Balancer

BAL

Ethereum 0.00% 0.00% $ 802.980M 39.675K BTC 699.385K ETH
15 hBTC

hBTC

hBTC

Ethereum 4.66% -1.36% $ 791.997M 39.133K BTC 689.819K ETH
16 SushiSwap

SushiSwap

SUSHI

Multi-Chain 0.00% 0.00% $ 789.729M 39.021K BTC 687.844K ETH
17 MDEX

MDEX

MDX

Multi-Chain 0.00% 0.00% $ 668.604M 33.036K BTC 582.345K ETH
18 dYdX

dYdX

Ethereum -0.41% -8.41% $ 623.224M 30.794K BTC 542.820K ETH
19 Venus

Venus

XVS

Binance 2.35% -2.54% $ 619.002M 30.585K BTC 539.143K ETH
20 Yearn Finance

Yearn Finance

YFI

Ethereum -0.10% -6.09% $ 530.421M 26.208K BTC 461.990K ETH
21 BiSwap

BiSwap

BSW

Binance 0.00% 0.00% $ 508.456M 25.123K BTC 442.858K ETH
22 Alpaca Finance

Alpaca Finance

ALPACA

Binance 2.63% 11.29% $ 459.259M 22.692K BTC 400.008K ETH
23 Synthetix

Synthetix

SNX

Ethereum 5.23% 15.95% $ 441.002M 21.790K BTC 384.107K ETH
24 DefiSaver

DefiSaver

Ethereum 0.00% 0.00% $ 439.164M 21.699K BTC 382.506K ETH
25 Liquity

Liquity

LQTY

Ethereum 6.21% -0.72% $ 405.067M 20.014K BTC 352.808K ETH
26 Quickswap

Quickswap

QUICK

Polygon 0.00% 0.00% $ 401.680M 19.847K BTC 349.858K ETH
27 Abracadabra

Abracadabra

SPELL

Ethereum -0.33% -3.08% $ 363.952M 17.983K BTC 316.997K ETH
28 Olympus DAO

Olympus DAO

OHM

Ethereum 0.71% -1.12% $ 324.041M 16.011K BTC 282.236K ETH
29 Tornado Cash

Tornado Cash

TORN

Ethereum 5.33% -5.43% $ 306.124M 15.126K BTC 266.630K ETH
30 Beefy Finance

Beefy Finance

BIFI

Multi-Chain 4.78% -0.19% $ 251.497M 12.426K BTC 219.050K ETH
31 Serum

Serum

SRM

Solana -5.25% 8.56% $ 250.974M 12.401K BTC 218.595K ETH
32 Flexa

Flexa

AMP

Ethereum -1.63% 3.52% $ 232.859M 11.506K BTC 202.818K ETH
33 Gambit Protocol

Gambit Protocol

GMT

Binance 2.36% 0.02% $ 230.031M 11.366K BTC 200.354K ETH
34 Raydium

Raydium

RAY

Solana 2.68% -0.09% $ 217.683M 10.756K BTC 189.599K ETH
35 xDAI Stake

xDAI Stake

STAKE

Multi-Chain 1.21% -5.44% $ 213.340M 10.541K BTC 185.816K ETH
36 Stacks

Stacks

STX

Stacks 14.10% -4.37% $ 211.801M 10.465K BTC 184.475K ETH
37 Kava

Kava

KAVA

Kava 1.65% -1.19% $ 199.444M 9.855K BTC 173.713K ETH
38 SolFarm

SolFarm

TULIP

Solana 0.66% 38.92% $ 191.689M 9.471K BTC 166.959K ETH
39 KlaySwap

KlaySwap

KSP

Klaytn 1.12% -2.06% $ 187.466M 9.263K BTC 163.280K ETH
40 Armor

Armor

ARMOR

Ethereum 5.83% -2.55% $ 182.886M 9.036K BTC 159.291K ETH
41 Bancor

Bancor

BNT

Ethereum 2.58% -7.67% $ 174.684M 8.631K BTC 152.147K ETH
42 Nexus Mutual

Nexus Mutual

NXM

Ethereum 5.82% -2.51% $ 174.626M 8.628K BTC 152.097K ETH
43 Loopring

Loopring

LRC

Ethereum 4.48% 1.47% $ 167.635M 8.283K BTC 146.008K ETH
44 Osmosis

Osmosis

OSMO

Osmosis 3.77% 4.54% $ 164.455M 8.126K BTC 143.238K ETH
45 Neutrino

Neutrino

NSBT

Waves 3.15% -13.24% $ 162.119M 8.010K BTC 141.203K ETH
46 RenVM

RenVM

REN

Multi-Chain 4.72% -11.32% $ 155.673M 7.692K BTC 135.589K ETH
47 DODO

DODO

DODO

Multi-Chain 0.81% 52.39% $ 147.629M 7.294K BTC 128.583K ETH
48 Mango Markets

Mango Markets

Solana 4.84% 1.48% $ 131.162M 6.481K BTC 114.241K ETH
49 Alchemix

Alchemix

ALCX

Ethereum 1.18% -1.11% $ 129.638M 6.405K BTC 112.913K ETH
50 StakeDAO

StakeDAO

SDT

Ethereum 0.22% -5.07% $ 123.094M 6.082K BTC 107.213K 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.