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
$ 84.520B
Change (24h)
44.55%
Lido Dominance
29.10 %

Historical Chart TVL in DeFi

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

Lido

LDO

Multi-Chain -5.36% 2.07% $ 24.592B 282.939K BTC 6.710M ETH
2 WBTC

WBTC

WBTC

Ethereum -4.17% -0.91% $ 10.796B 124.214K BTC 2.946M ETH
3 AAVE

AAVE

AAVE

Multi-Chain 0.00% 0.00% $ 8.155B 93.821K BTC 2.225M ETH
4 Curve

Curve

CRV

Multi-Chain 0.00% 0.00% $ 7.105B 81.742K BTC 1.938M ETH
5 MakerDAO

MakerDAO

MKR

Ethereum -1.81% 8.59% $ 6.118B 70.393K BTC 1.669M ETH
6 PancakeSwap

PancakeSwap

CAKE

Binance 0.00% 0.00% $ 3.782B 43.513K BTC 1.032M ETH
7 Pendle

Pendle

PENDLE

Ethereum -2.32% -24.28% $ 3.384B 38.931K BTC 923.212K ETH
8 InstaDApp

InstaDApp

INST

Ethereum 0.00% 0.00% $ 2.481B 28.544K BTC 676.891K ETH
9 DefiChain

DefiChain

DFI

DefiChain 0.00% 0.00% $ 2.209B 25.415K BTC 602.693K ETH
10 Uniswap

Uniswap

UNI

Ethereum 0.00% 0.00% $ 1.602B 18.434K BTC 437.141K ETH
11 Venus

Venus

XVS

Binance -5.31% -1.79% $ 1.471B 16.922K BTC 401.297K ETH
12 Raydium

Raydium

RAY

Solana -6.12% -0.84% $ 1.427B 16.414K BTC 389.241K ETH
13 StakeWise

StakeWise

SWISE

Ethereum -4.69% 2.05% $ 1.039B 11.955K BTC 283.498K ETH
14 Tornado Cash

Tornado Cash

TORN

Ethereum -4.84% 1.07% $ 965.427M 11.107K BTC 263.400K ETH
15 Convex Finance

Convex Finance

CVX

Ethereum -3.37% 1.40% $ 917.245M 10.553K BTC 250.254K ETH
16 Balancer

Balancer

BAL

Ethereum 0.00% 0.00% $ 802.980M 9.238K BTC 219.079K ETH
17 SushiSwap

SushiSwap

SUSHI

Multi-Chain 0.00% 0.00% $ 789.729M 9.086K BTC 215.464K ETH
18 MDEX

MDEX

MDX

Multi-Chain 0.00% 0.00% $ 668.604M 7.692K BTC 182.417K ETH
19 BiSwap

BiSwap

BSW

Binance 0.00% 0.00% $ 508.456M 5.850K BTC 138.723K ETH
20 Lightning Network

Lightning Network

Bitcoin -3.70% 5.87% $ 466.728M 5.370K BTC 127.339K ETH
21 DefiSaver

DefiSaver

Ethereum 0.00% 0.00% $ 439.164M 5.053K BTC 119.818K ETH
22 Yearn Finance

Yearn Finance

YFI

Ethereum -4.21% -4.32% $ 415.202M 4.777K BTC 113.281K ETH
23 Quickswap

Quickswap

QUICK

Polygon 0.00% 0.00% $ 401.680M 4.621K BTC 109.591K ETH
24 Compound

Compound

COMP

Ethereum -3.60% 2.37% $ 389.702M 4.484K BTC 106.323K ETH
25 Orca

Orca

Solana -2.57% -0.49% $ 342.566M 3.941K BTC 93.463K ETH
26 xDAI Stake

xDAI Stake

STAKE

Multi-Chain -5.07% -1.25% $ 336.981M 3.877K BTC 91.940K ETH
27 Connext

Connext

Multi-Chain -5.29% -1.51% $ 247.729M 2.850K BTC 67.588K ETH
28 Liquity

Liquity

LQTY

Ethereum -5.15% 2.16% $ 229.242M 2.637K BTC 62.545K ETH
29 Beefy Finance

Beefy Finance

BIFI

Multi-Chain -1.65% 0.44% $ 215.560M 2.480K BTC 58.812K ETH
30 StakeDAO

StakeDAO

SDT

Ethereum -2.78% 11.14% $ 190.869M 2.196K BTC 52.075K ETH
31 Nexus Mutual

Nexus Mutual

NXM

Ethereum -4.88% 2.06% $ 135.190M 1.555K BTC 36.884K ETH
32 Enzyme Finance

Enzyme Finance

MLN

Ethereum -3.80% 0.17% $ 123.536M 1.421K BTC 33.705K ETH
33 Fantom

Fantom

FTM

Fantom 0.00% 0.00% $ 117.141M 1.348K BTC 31.960K ETH
34 Frax

Frax

FXS

Ethereum -0.40% 2.94% $ 99.519M 1.145K BTC 27.152K ETH
35 AnySwap

AnySwap

ANY

Multi-Chain 0.00% 0.00% $ 92.698M 1.067K BTC 25.291K ETH
36 MoneyOnChain

MoneyOnChain

MOC

RSK -4.17% 0.86% $ 78.209M 900 BTC 21.338K ETH
37 Belt Finance

Belt Finance

BELT

Binance 0.00% 0.00% $ 74.967M 863 BTC 20.453K ETH
38 Alpha Finance

Alpha Finance

ALPHA

Multi-Chain 0.00% 0.00% $ 71.578M 824 BTC 19.529K ETH
39 ApeSwap

ApeSwap

BANANA

Multi-Chain 0.00% 0.00% $ 61.966M 713 BTC 16.906K ETH
40 Pangolin

Pangolin

PNG

Avalanche 0.00% 0.00% $ 60.172M 692 BTC 16.417K ETH
41 Parrot Protocol

Parrot Protocol

PAI

Solana 0.00% 0.00% $ 51.758M 595 BTC 14.121K ETH
42 Mercurial Finance

Mercurial Finance

MER

Solana -4.38% 30.13% $ 51.339M 591 BTC 14.007K ETH
43 Ankr

Ankr

ANKR

Ethereum -5.38% -1.86% $ 48.748M 561 BTC 13.300K ETH
44 Idle Finance

Idle Finance

IDLE

Ethereum -0.08% 0.08% $ 47.395M 545 BTC 12.931K ETH
45 Secret Bridge

Secret Bridge

Secret 0.00% 0.00% $ 44.881M 516 BTC 12.245K ETH
46 Vesper

Vesper

VSP

Ethereum -3.54% 1.62% $ 41.371M 476 BTC 11.287K ETH
47 dYdX

dYdX

Ethereum -0.66% 0.27% $ 40.546M 466 BTC 11.062K ETH
48 Snowball

Snowball

SNOB

Avalanche 0.00% 0.00% $ 40.207M 463 BTC 10.970K ETH
49 Alpaca Finance

Alpaca Finance

ALPACA

Binance -3.18% 0.39% $ 39.672M 456 BTC 10.824K ETH
50 Alchemix

Alchemix

ALCX

Ethereum -4.40% 1.62% $ 39.422M 454 BTC 10.756K 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.

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