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
$ 88.754B
Change (24h)
47.13%
Lido Dominance
30.92 %

Historical Chart TVL in DeFi

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

Lido

LDO

Multi-Chain -0.60% -0.76% $ 27.443B 302.820K BTC 7.487M ETH
2 WBTC

WBTC

WBTC

Ethereum -0.56% 0.52% $ 11.221B 123.813K BTC 3.061M ETH
3 AAVE

AAVE

AAVE

Multi-Chain 0.00% 0.00% $ 8.155B 89.981K BTC 2.225M ETH
4 Curve

Curve

CRV

Multi-Chain 0.00% 0.00% $ 7.105B 78.397K BTC 1.938M ETH
5 MakerDAO

MakerDAO

MKR

Ethereum 0.98% 3.10% $ 6.461B 71.297K BTC 1.763M ETH
6 Pendle

Pendle

PENDLE

Ethereum 1.30% 2.10% $ 3.833B 42.298K BTC 1.046M ETH
7 PancakeSwap

PancakeSwap

CAKE

Binance 0.00% 0.00% $ 3.782B 41.732K BTC 1.032M ETH
8 InstaDApp

InstaDApp

INST

Ethereum 0.00% 0.00% $ 2.481B 27.376K BTC 676.891K ETH
9 DefiChain

DefiChain

DFI

DefiChain 0.00% 0.00% $ 2.209B 24.375K BTC 602.693K ETH
10 Venus

Venus

XVS

Binance 1.29% 3.78% $ 1.687B 18.616K BTC 460.284K ETH
11 Uniswap

Uniswap

UNI

Ethereum 0.00% 0.00% $ 1.602B 17.680K BTC 437.141K ETH
12 Raydium

Raydium

RAY

Solana 1.29% 3.40% $ 1.547B 17.074K BTC 422.167K ETH
13 StakeWise

StakeWise

SWISE

Ethereum -0.76% -0.01% $ 1.152B 12.711K BTC 314.280K ETH
14 Convex Finance

Convex Finance

CVX

Ethereum -0.51% 2.12% $ 973.820M 10.745K BTC 265.690K ETH
15 Balancer

Balancer

BAL

Ethereum 0.00% 0.00% $ 802.980M 8.860K BTC 219.079K ETH
16 SushiSwap

SushiSwap

SUSHI

Multi-Chain 0.00% 0.00% $ 789.729M 8.714K BTC 215.464K ETH
17 Tornado Cash

Tornado Cash

TORN

Ethereum -0.30% -34.88% $ 697.783M 7.700K BTC 190.378K ETH
18 MDEX

MDEX

MDX

Multi-Chain 0.00% 0.00% $ 668.604M 7.378K BTC 182.417K ETH
19 BiSwap

BiSwap

BSW

Binance 0.00% 0.00% $ 508.456M 5.610K BTC 138.723K ETH
20 Lightning Network

Lightning Network

Bitcoin -0.64% 0.21% $ 478.500M 5.280K BTC 130.550K ETH
21 DefiSaver

DefiSaver

Ethereum 0.00% 0.00% $ 439.164M 4.846K BTC 119.818K ETH
22 Quickswap

Quickswap

QUICK

Polygon 0.00% 0.00% $ 401.680M 4.432K BTC 109.591K ETH
23 Yearn Finance

Yearn Finance

YFI

Ethereum -0.80% -1.95% $ 392.298M 4.329K BTC 107.032K ETH
24 Orca

Orca

Solana -7.23% -1.00% $ 370.859M 4.092K BTC 101.182K ETH
25 xDAI Stake

xDAI Stake

STAKE

Multi-Chain -0.37% -0.18% $ 347.752M 3.837K BTC 94.878K ETH
26 Connext

Connext

Multi-Chain -0.71% -1.97% $ 322.788M 3.562K BTC 88.067K ETH
27 Compound

Compound

COMP

Ethereum -0.59% -9.69% $ 252.084M 2.782K BTC 68.777K ETH
28 Liquity

Liquity

LQTY

Ethereum -0.75% -1.05% $ 241.201M 2.661K BTC 65.808K ETH
29 Beefy Finance

Beefy Finance

BIFI

Multi-Chain 0.47% 4.52% $ 221.695M 2.446K BTC 60.486K ETH
30 StakeDAO

StakeDAO

SDT

Ethereum -0.34% 4.01% $ 215.390M 2.377K BTC 58.766K ETH
31 Nexus Mutual

Nexus Mutual

NXM

Ethereum -0.67% -1.14% $ 145.224M 1.602K BTC 39.622K ETH
32 Enzyme Finance

Enzyme Finance

MLN

Ethereum -0.62% -0.65% $ 127.696M 1.409K BTC 34.840K ETH
33 Fantom

Fantom

FTM

Fantom 0.00% 0.00% $ 117.141M 1.293K BTC 31.960K ETH
34 AnySwap

AnySwap

ANY

Multi-Chain 0.00% 0.00% $ 92.698M 1.023K BTC 25.291K ETH
35 MoneyOnChain

MoneyOnChain

MOC

RSK -0.55% -0.07% $ 80.247M 885 BTC 21.894K ETH
36 Belt Finance

Belt Finance

BELT

Binance 0.00% 0.00% $ 74.967M 827 BTC 20.453K ETH
37 Alpha Finance

Alpha Finance

ALPHA

Multi-Chain 0.00% 0.00% $ 71.578M 790 BTC 19.529K ETH
38 Frax

Frax

FXS

Ethereum 0.02% -1.87% $ 62.849M 694 BTC 17.147K ETH
39 ApeSwap

ApeSwap

BANANA

Multi-Chain 0.00% 0.00% $ 61.966M 684 BTC 16.906K ETH
40 Pangolin

Pangolin

PNG

Avalanche 0.00% 0.00% $ 60.172M 664 BTC 16.417K ETH
41 Parrot Protocol

Parrot Protocol

PAI

Solana 0.00% 0.00% $ 51.758M 571 BTC 14.121K ETH
42 Idle Finance

Idle Finance

IDLE

Ethereum -0.06% 0.42% $ 46.789M 516 BTC 12.766K ETH
43 Secret Bridge

Secret Bridge

Secret 0.00% 0.00% $ 44.881M 495 BTC 12.245K ETH
44 Vesper

Vesper

VSP

Ethereum -0.65% -0.73% $ 44.590M 492 BTC 12.166K ETH
45 Alchemix

Alchemix

ALCX

Ethereum -0.90% -1.78% $ 42.289M 467 BTC 11.538K ETH
46 Alpaca Finance

Alpaca Finance

ALPACA

Binance 0.65% 1.86% $ 41.610M 459 BTC 11.353K ETH
47 dYdX

dYdX

Ethereum -0.10% -0.20% $ 41.309M 456 BTC 11.270K ETH
48 Snowball

Snowball

SNOB

Avalanche 0.00% 0.00% $ 40.207M 444 BTC 10.970K ETH
49 Fuse

Fuse

FUSE

Ethereum 0.00% 0.00% $ 38.342M 423 BTC 10.461K ETH
50 Ankr

Ankr

ANKR

Ethereum -0.57% 3.19% $ 37.966M 419 BTC 10.358K 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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