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
$ 132.074B
Change (24h)
-0.24%
AAVE Dominance
9.78 %

Historical Chart TVL in DeFi

# Name Chain 1d Change 7d Change Audited TVL TVL in BTC TVL in ETH
1 AAVE

AAVE

AAVE

Multi-Chain -1.98% 7.57% $ 12.922B 333.327K BTC 5.085M ETH
2 Curve

Curve

CRV

Multi-Chain 0.64% 5.45% $ 9.834B 253.690K BTC 3.870M ETH
3 InstaDApp

InstaDApp

INST

Ethereum -0.66% 8.33% $ 9.096B 234.633K BTC 3.580M ETH
4 Compound

Compound

COMP

Ethereum 0.04% 9.80% $ 8.964B 231.238K BTC 3.528M ETH
5 PancakeSwap

PancakeSwap

CAKE

Binance -0.63% 4.83% $ 8.208B 211.740K BTC 3.230M ETH
6 WBTC

WBTC

WBTC

Ethereum -1.08% 6.47% $ 7.583B 195.605K BTC 2.984M ETH
7 MakerDAO

MakerDAO

MKR

Ethereum -0.90% 15.06% $ 7.559B 194.984K BTC 2.975M ETH
8 Convex Finance

Convex Finance

CVX

Ethereum -0.05% 5.20% $ 4.508B 116.290K BTC 1.774M ETH
9 Uniswap

Uniswap

UNI

Ethereum -1.98% 9.56% $ 3.963B 102.235K BTC 1.560M ETH
10 Yearn Finance

Yearn Finance

YFI

Ethereum 0.57% 3.54% $ 3.804B 98.142K BTC 1.497M ETH
11 SushiSwap

SushiSwap

SUSHI

Multi-Chain 0.68% 14.32% $ 3.291B 84.884K BTC 1.295M ETH
12 Lido

Lido

LDO

Multi-Chain 1.23% 29.08% $ 2.750B 70.937K BTC 1.082M ETH
13 MDEX

MDEX

MDX

Multi-Chain 0.29% 169.51% $ 2.223B 57.334K BTC 874.690K ETH
14 Uniswap v3

Uniswap v3

UNI

Ethereum 4.45% 14.90% $ 2.057B 53.068K BTC 809.608K ETH
15 Liquity

Liquity

LQTY

Ethereum 0.71% 18.58% $ 1.990B 51.341K BTC 783.261K ETH
16 Venus

Venus

XVS

Binance 1.19% 13.22% $ 1.963B 50.651K BTC 772.720K ETH
17 Mirror

Mirror

MIR

Multi-Chain -0.17% -0.94% $ 1.672B 43.121K BTC 657.851K ETH
18 Synthetix

Synthetix

SNX

Ethereum -0.03% 10.95% $ 1.627B 41.963K BTC 640.187K ETH
19 hBTC

hBTC

hBTC

Ethereum -1.08% 6.80% $ 1.572B 40.556K BTC 618.712K ETH
20 Flexa

Flexa

AMP

Ethereum -1.24% 2.06% $ 1.540B 39.734K BTC 606.172K ETH
21 Balancer

Balancer

BAL

Ethereum 0.44% 4.05% $ 1.536B 39.630K BTC 604.585K ETH
22 Alpaca Finance

Alpaca Finance

ALPACA

Binance -2.29% 10.74% $ 1.454B 37.506K BTC 572.184K ETH
23 Bancor

Bancor

BNT

Ethereum -0.05% 13.05% $ 1.387B 35.779K BTC 545.835K ETH
24 Anchor

Anchor

ANC

Terra 1.50% 24.63% $ 1.371B 35.363K BTC 539.494K ETH
25 CREAM Finance

CREAM Finance

CREAM

Multi-Chain 0.00% 5.85% $ 1.231B 31.744K BTC 484.287K ETH
26 Belt Finance

Belt Finance

BELT

Binance -2.55% 64.85% $ 1.218B 31.426K BTC 479.433K ETH
27 Ellipsis Finance

Ellipsis Finance

EPS

Binance 0.02% -1.24% $ 1.215B 31.341K BTC 478.142K ETH
28 Quickswap

Quickswap

QUICK

Polygon 0.65% 20.59% $ 1.142B 29.461K BTC 449.461K ETH
29 Alpha Finance

Alpha Finance

ALPHA

Multi-Chain 0.18% -0.13% $ 1.040B 26.823K BTC 409.212K ETH
30 Autofarm

Autofarm

AUTO

Multi-Chain -6.56% 9.35% $ 793.981M 20.482K BTC 312.467K ETH
31 Bunny

Bunny

BUNNY

Binance 0.08% 5.72% $ 751.261M 19.380K BTC 295.655K ETH
32 O3 Swap

O3 Swap

O3

PolyNetwork -0.52% 23.13% $ 726.338M 18.737K BTC 285.847K ETH
33 RenVM

RenVM

REN

Multi-Chain -0.90% 16.41% $ 623.633M 16.087K BTC 245.427K ETH
34 Alchemix

Alchemix

ALCX

Ethereum 1.49% -34.99% $ 606.426M 15.643K BTC 238.656K ETH
35 Raydium

Raydium

RAY

Solana -0.26% 3.12% $ 582.971M 15.038K BTC 229.425K ETH
36 Sablier Finance

Sablier Finance

Ethereum 0.40% 1.66% $ 571.592M 14.745K BTC 224.947K ETH
37 Badger DAO

Badger DAO

BADGER

Ethereum -0.94% 6.89% $ 558.142M 14.398K BTC 219.654K ETH
38 Iron Finance

Iron Finance

IRON

Multi-Chain -4.20% -27.21% $ 541.728M 13.975K BTC 213.194K ETH
39 Beefy Finance

Beefy Finance

BIFI

Multi-Chain 2.07% 12.84% $ 539.198M 13.909K BTC 212.199K ETH
40 Tornado Cash

Tornado Cash

TORN

Ethereum 0.81% 19.74% $ 514.039M 13.260K BTC 202.298K ETH
41 BXH

BXH

BXH

Heco -8.42% 157.41% $ 494.440M 12.755K BTC 194.584K ETH
42 Armor

Armor

ARMOR

Ethereum 0.82% 18.76% $ 468.036M 12.074K BTC 184.193K ETH
43 DefiSaver

DefiSaver

Ethereum 0.87% 32.84% $ 464.703M 11.988K BTC 182.882K ETH
44 Wault

Wault

WEX

Binance 1.97% 25.55% $ 459.608M 11.856K BTC 180.876K ETH
45 Vesper

Vesper

VSP

Ethereum 0.18% 11.20% $ 443.113M 11.431K BTC 174.385K ETH
46 Kyber

Kyber

KNC

Ethereum 1.83% 8.41% $ 441.923M 11.400K BTC 173.916K ETH
47 Nexus Mutual

Nexus Mutual

NXM

Ethereum 0.84% 19.61% $ 419.946M 10.833K BTC 165.268K ETH
48 Harvest Finance

Harvest Finance

FARM

Ethereum -1.01% 18.80% $ 418.621M 10.799K BTC 164.746K ETH
49 Stacks

Stacks

STX

Stacks 1.63% -6.38% $ 412.215M 10.634K BTC 162.225K ETH
50 BiSwap

BiSwap

BSW

Binance 1.88% 11.35% $ 392.118M 10.115K BTC 154.316K 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.