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

$ 206.643B

Change (24h)

0.04%

AAVE Dominance

7.83 %

Historical Chart TVL in DeFi

#	Name	Chain	1d Change	7d Change	TVL	TVL in BTC	TVL in ETH
1	AAVE AAVE	Multi-Chain	0.46%	10.82%	$ 16.177B	267.144K BTC	4.187M ETH
2	Curve CRV	Multi-Chain	-1.68%	5.78%	$ 16.066B	265.313K BTC	4.158M ETH
3	MakerDAO MKR	Ethereum	1.17%	12.26%	$ 15.434B	254.876K BTC	3.995M ETH
4	WBTC WBTC	Ethereum	-1.40%	14.29%	$ 13.121B	216.678K BTC	3.396M ETH
5	InstaDApp INST	Ethereum	-0.38%	1.25%	$ 12.201B	201.490K BTC	3.158M ETH
6	Compound COMP	Ethereum	2.45%	13.76%	$ 11.712B	193.419K BTC	3.031M ETH
7	Convex Finance CVX	Ethereum	-1.29%	13.64%	$ 10.650B	175.880K BTC	2.757M ETH
8	Lido LDO	Multi-Chain	2.61%	2.65%	$ 8.198B	135.381K BTC	2.122M ETH
9	Yearn Finance YFI	Ethereum	-0.08%	4.13%	$ 5.464B	90.229K BTC	1.414M ETH
10	AnySwap ANY	Multi-Chain	1.80%	-2.85%	$ 5.341B	88.203K BTC	1.382M ETH
11	PancakeSwap CAKE	Binance	-2.09%	-3.74%	$ 5.158B	85.179K BTC	1.335M ETH
12	SushiSwap SUSHI	Multi-Chain	0.37%	5.53%	$ 4.682B	77.326K BTC	1.212M ETH
13	Uniswap UNI	Ethereum	-0.17%	3.23%	$ 4.563B	75.360K BTC	1.181M ETH
14	Anchor ANC	Terra	-0.51%	-4.85%	$ 3.574B	59.016K BTC	924.939K ETH
15	Uniswap v3 UNI	Ethereum	2.81%	6.31%	$ 3.146B	51.947K BTC	814.158K ETH
16	Venus XVS	Binance	-0.37%	6.36%	$ 2.759B	45.561K BTC	714.068K ETH
17	Abracadabra SPELL	Ethereum	1.69%	16.83%	$ 2.607B	43.054K BTC	674.772K ETH
18	hBTC hBTC	Ethereum	-1.45%	10.63%	$ 2.426B	40.071K BTC	628.029K ETH
19	MDEX MDX	Multi-Chain	-1.85%	-7.48%	$ 2.275B	37.567K BTC	588.782K ETH
20	Liquity LQTY	Ethereum	-17.14%	-10.35%	$ 2.127B	35.119K BTC	550.405K ETH
21	Synthetix SNX	Ethereum	1.57%	-2.89%	$ 1.899B	31.360K BTC	491.492K ETH
22	Saber SBR	Solana	-5.22%	-20.72%	$ 1.841B	30.398K BTC	476.426K ETH
23	Tranchess CHESS	Binance	-0.51%	1.35%	$ 1.716B	28.333K BTC	444.064K ETH
24	RenVM REN	Multi-Chain	-1.62%	5.13%	$ 1.636B	27.024K BTC	423.544K ETH
25	Neutrino NSBT	Waves	-2.60%	7.05%	$ 1.633B	26.961K BTC	422.556K ETH
26	Balancer BAL	Ethereum	2.04%	1.22%	$ 1.595B	26.337K BTC	412.779K ETH
27	Raydium RAY	Solana	-1.52%	2.06%	$ 1.585B	26.170K BTC	410.152K ETH
28	Bancor BNT	Ethereum	2.87%	4.56%	$ 1.577B	26.046K BTC	408.220K ETH
29	Mirror MIR	Multi-Chain	0.32%	-0.90%	$ 1.551B	25.608K BTC	401.351K ETH
30	Sunny SUNNY	Solana	-3.76%	-20.79%	$ 1.538B	25.396K BTC	398.025K ETH
31	CREAM Finance CREAM	Multi-Chain	1.17%	-0.17%	$ 1.533B	25.309K BTC	396.662K ETH
32	Serum SRM	Solana	1.85%	153.95%	$ 1.485B	24.527K BTC	384.409K ETH
33	Flexa AMP	Ethereum	5.52%	-2.52%	$ 1.426B	23.545K BTC	369.020K ETH
34	Alpaca Finance ALPACA	Binance	-1.10%	-6.78%	$ 1.326B	21.891K BTC	343.095K ETH
35	Belt Finance BELT	Binance	-1.69%	4.19%	$ 1.222B	20.176K BTC	316.218K ETH
36	Alchemix ALCX	Ethereum	-8.94%	7.32%	$ 1.153B	19.042K BTC	298.443K ETH
37	Tornado Cash TORN	Ethereum	1.41%	6.58%	$ 1.112B	18.370K BTC	287.914K ETH
38	Beefy Finance BIFI	Multi-Chain	2.58%	16.42%	$ 1.083B	17.877K BTC	280.181K ETH
39	KlaySwap KSP	Klaytn	0.11%	-10.65%	$ 1.059B	17.494K BTC	274.176K ETH
40	Orca	Solana	0.42%	15.84%	$ 1.048B	17.306K BTC	271.227K ETH
41	dYdX	Ethereum	0.88%	11.62%	$ 986.161M	16.286K BTC	255.243K ETH
42	Autofarm AUTO	Multi-Chain	0.19%	5.54%	$ 978.440M	16.158K BTC	253.244K ETH
43	TrueFi TRU	Ethereum	0.04%	0.63%	$ 977.322M	16.140K BTC	252.955K ETH
44	Sablier Finance	Ethereum	3.88%	8.41%	$ 941.533M	15.549K BTC	243.692K ETH
45	DefiChain DFI	DefiChain	0.12%	6.12%	$ 907.492M	14.987K BTC	234.881K ETH
46	Badger DAO BADGER	Ethereum	-1.01%	15.68%	$ 896.399M	14.803K BTC	232.010K ETH
47	Alpha Finance ALPHA	Multi-Chain	3.45%	-6.98%	$ 889.186M	14.684K BTC	230.143K ETH
48	DefiSaver	Ethereum	2.39%	13.67%	$ 877.424M	14.490K BTC	227.099K ETH
49	Rari Capital RGT	Ethereum	4.38%	37.83%	$ 853.503M	14.095K BTC	220.907K ETH
50	BXH BXH	Heco	1.23%	24.89%	$ 846.382M	13.977K BTC	219.064K ETH

Add a DeFi protocol

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.