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
$ 188.245B
Change (24h)
-2.74%
Curve Dominance
11.50 %

Historical Chart TVL in DeFi

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

Curve

CRV

Multi-Chain 0.00% -0.91% $ 21.644B 619.379K BTC 9.024M ETH
2 MakerDAO

MakerDAO

MKR

Ethereum -2.01% -14.73% $ 14.513B 415.315K BTC 6.051M ETH
3 Convex Finance

Convex Finance

CVX

Ethereum -8.58% -18.62% $ 14.417B 412.566K BTC 6.011M ETH
4 AAVE

AAVE

AAVE

Multi-Chain 0.00% -2.54% $ 11.085B 317.223K BTC 4.622M ETH
5 Uniswap v3

Uniswap v3

UNI

Ethereum 0.00% 0.00% $ 10.841B 310.231K BTC 4.520M ETH
6 WBTC

WBTC

WBTC

Ethereum -2.23% -16.40% $ 9.586B 274.316K BTC 3.997M ETH
7 AnySwap

AnySwap

ANY

Multi-Chain -2.95% 16.73% $ 8.939B 255.799K BTC 3.727M ETH
8 Anchor

Anchor

ANC

Terra 3.52% -5.16% $ 8.923B 255.344K BTC 3.720M ETH
9 Lido

Lido

LDO

Multi-Chain -3.23% -25.33% $ 8.641B 247.267K BTC 3.603M ETH
10 InstaDApp

InstaDApp

INST

Ethereum 0.00% -33.05% $ 6.859B 196.289K BTC 2.860M ETH
11 Compound

Compound

COMP

Ethereum -6.91% -21.63% $ 6.407B 183.354K BTC 2.671M ETH
12 PancakeSwap

PancakeSwap

CAKE

Binance 0.00% 0.00% $ 5.011B 143.405K BTC 2.089M ETH
13 Abracadabra

Abracadabra

SPELL

Ethereum -6.86% -23.08% $ 4.668B 133.591K BTC 1.946M ETH
14 Yearn Finance

Yearn Finance

YFI

Ethereum 0.47% -7.58% $ 3.875B 110.903K BTC 1.616M ETH
15 Uniswap

Uniswap

UNI

Ethereum 0.00% -2.88% $ 3.871B 110.776K BTC 1.614M ETH
16 SushiSwap

SushiSwap

SUSHI

Multi-Chain 0.00% -5.14% $ 2.621B 75.014K BTC 1.093M ETH
17 Frax

Frax

FXS

Ethereum 3.11% 30.07% $ 2.205B 63.093K BTC 919.249K ETH
18 Venus

Venus

XVS

Binance -6.91% -25.50% $ 1.506B 43.095K BTC 627.889K ETH
19 DefiChain

DefiChain

DFI

DefiChain 0.00% 0.00% $ 1.496B 42.809K BTC 623.724K ETH
20 hBTC

hBTC

hBTC

Ethereum -3.37% -17.66% $ 1.411B 40.389K BTC 588.464K ETH
21 Balancer

Balancer

BAL

Ethereum 0.00% -1.36% $ 1.343B 38.438K BTC 560.034K ETH
22 Liquity

Liquity

LQTY

Ethereum -14.22% -39.28% $ 1.285B 36.762K BTC 535.614K ETH
23 Osmosis

Osmosis

OSMO

Osmosis -7.78% -15.58% $ 1.137B 32.529K BTC 473.939K ETH
24 RenVM

RenVM

REN

Multi-Chain 23.41% 5.79% $ 1.130B 32.337K BTC 471.148K ETH
25 Alchemix

Alchemix

ALCX

Ethereum -3.36% -12.83% $ 1.024B 29.295K BTC 426.826K ETH
26 SpookySwap

SpookySwap

BOO

Fantom -12.12% -35.77% $ 993.389M 28.428K BTC 414.187K ETH
27 MDEX

MDEX

MDX

Multi-Chain 0.00% -0.51% $ 972.493M 27.830K BTC 405.474K ETH
28 dYdX

dYdX

Ethereum -0.13% -2.32% $ 957.340M 27.396K BTC 399.156K ETH
29 Bancor

Bancor

BNT

Ethereum -6.01% -32.13% $ 946.263M 27.079K BTC 394.538K ETH
30 Synthetix

Synthetix

SNX

Ethereum -7.48% -27.84% $ 900.520M 25.770K BTC 375.465K ETH
31 Beefy Finance

Beefy Finance

BIFI

Multi-Chain -6.44% -28.25% $ 879.680M 25.174K BTC 366.776K ETH
32 Serum

Serum

SRM

Solana -4.42% -8.60% $ 866.557M 24.798K BTC 361.305K ETH
33 KlaySwap

KlaySwap

KSP

Klaytn -5.62% -23.59% $ 856.450M 24.509K BTC 357.091K ETH
34 Mirror

Mirror

MIR

Multi-Chain -1.16% -6.06% $ 844.277M 24.161K BTC 352.015K ETH
35 DefiSaver

DefiSaver

Ethereum 0.00% 0.61% $ 836.892M 23.949K BTC 348.936K ETH
36 Flexa

Flexa

AMP

Ethereum -1.83% -27.37% $ 831.760M 23.802K BTC 346.796K ETH
37 Quickswap

Quickswap

QUICK

Polygon 0.01% -2.78% $ 819.230M 23.444K BTC 341.572K ETH
38 Tranchess

Tranchess

CHESS

Binance -4.66% -23.00% $ 808.696M 23.142K BTC 337.180K ETH
39 Raydium

Raydium

RAY

Solana -11.78% -32.98% $ 751.591M 21.508K BTC 313.371K ETH
40 Badger DAO

Badger DAO

BADGER

Ethereum -5.61% -22.22% $ 740.540M 21.192K BTC 308.763K ETH
41 Saber

Saber

SBR

Solana -5.41% 4.79% $ 696.804M 19.940K BTC 290.528K ETH
42 Alpaca Finance

Alpaca Finance

ALPACA

Binance -6.32% -6.11% $ 668.367M 19.127K BTC 278.671K ETH
43 xDAI Stake

xDAI Stake

STAKE

Multi-Chain -7.91% -29.38% $ 657.861M 18.826K BTC 274.291K ETH
44 Stacks

Stacks

STX

Stacks -15.88% -33.18% $ 642.859M 18.397K BTC 268.035K ETH
45 TrueFi

TrueFi

TRU

Ethereum -0.90% -28.16% $ 636.488M 18.214K BTC 265.379K ETH
46 Rari Capital

Rari Capital

RGT

Ethereum -6.20% -30.82% $ 630.201M 18.034K BTC 262.758K ETH
47 Ellipsis Finance

Ellipsis Finance

EPS

Binance -0.53% -2.93% $ 629.505M 18.014K BTC 262.468K ETH
48 BiSwap

BiSwap

BSW

Binance 0.00% -1.32% $ 599.616M 17.159K BTC 250.006K ETH
49 Sunny

Sunny

SUNNY

Solana -4.91% 17.69% $ 495.036M 14.166K BTC 206.402K ETH
50 Neutrino

Neutrino

NSBT

Waves -14.81% -36.87% $ 484.159M 13.855K BTC 201.867K 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.