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.
| # | Name | Chain | 1d Change | 7d Change | Audited | TVL | TVL in BTC | TVL in ETH |
|---|---|---|---|---|---|---|---|---|
| 1 |
Lido LDO | Multi-Chain | 0.31% | -2.24% | $ 20.500B | 253.458K BTC | 5.593M ETH | |
| 2 |
WBTC WBTC | Ethereum | 0.53% | 2.96% | $ 9.327B | 115.322K BTC | 2.545M ETH | |
| 3 |
AAVE AAVE | Multi-Chain | 0.00% | 0.00% | $ 8.155B | 100.823K BTC | 2.225M ETH | |
| 4 |
Curve CRV | Multi-Chain | 0.00% | 0.00% | $ 7.105B | 87.843K BTC | 1.938M ETH | |
| 5 |
MakerDAO MKR | Ethereum | 0.88% | 4.48% | $ 5.885B | 72.761K BTC | 1.606M ETH | |
| 6 |
PancakeSwap CAKE | Binance | 0.00% | 0.00% | $ 3.782B | 46.761K BTC | 1.032M ETH | |
| 7 |
InstaDApp INST | Ethereum | 0.00% | 0.00% | $ 2.481B | 30.675K BTC | 676.891K ETH | |
| 8 |
DefiChain DFI | DefiChain | 0.00% | 0.00% | $ 2.209B | 27.312K BTC | 602.693K ETH | |
| 9 |
Pendle PENDLE | Ethereum | -0.64% | 3.17% | $ 1.605B | 19.845K BTC | 437.917K ETH | |
| 10 |
Uniswap UNI | Ethereum | 0.00% | 0.00% | $ 1.602B | 19.810K BTC | 437.141K ETH | |
| 11 |
Venus XVS | Binance | 0.10% | -0.49% | $ 1.197B | 14.806K BTC | 326.712K ETH | |
| 12 |
Raydium RAY | Solana | -0.31% | 10.67% | $ 1.100B | 13.602K BTC | 300.160K ETH | |
| 13 |
StakeWise SWISE | Ethereum | 0.63% | -0.33% | $ 826.871M | 10.223K BTC | 225.597K ETH | |
| 14 |
Balancer BAL | Ethereum | 0.00% | 0.00% | $ 802.980M | 9.928K BTC | 219.079K ETH | |
| 15 |
SushiSwap SUSHI | Multi-Chain | 0.00% | 0.00% | $ 789.729M | 9.764K BTC | 215.464K ETH | |
| 16 |
MDEX MDX | Multi-Chain | 0.00% | 0.00% | $ 668.604M | 8.267K BTC | 182.417K ETH | |
| 17 |
Convex Finance CVX | Ethereum | 0.43% | 3.88% | $ 628.622M | 7.772K BTC | 171.509K ETH | |
| 18 |
Tornado Cash TORN | Ethereum | 0.04% | -0.03% | $ 570.685M | 7.056K BTC | 155.702K ETH | |
| 19 |
BiSwap BSW | Binance | 0.00% | 0.00% | $ 508.456M | 6.286K BTC | 138.723K ETH | |
| 20 |
DefiSaver | Ethereum | 0.00% | 0.00% | $ 439.164M | 5.430K BTC | 119.818K ETH | |
| 21 |
Quickswap QUICK | Polygon | 0.00% | 0.00% | $ 401.680M | 4.966K BTC | 109.591K ETH | |
| 22 |
Lightning Network | Bitcoin | 0.31% | 3.54% | $ 394.259M | 4.875K BTC | 107.567K ETH | |
| 23 |
xDAI Stake STAKE | Multi-Chain | -0.04% | -0.81% | $ 304.763M | 3.768K BTC | 83.149K ETH | |
| 24 |
Orca | Solana | -0.04% | 1.64% | $ 263.054M | 3.252K BTC | 71.770K ETH | |
| 25 |
Yearn Finance YFI | Ethereum | 0.71% | 3.03% | $ 180.049M | 2.226K BTC | 49.123K ETH | |
| 26 |
Liquity LQTY | Ethereum | 0.62% | 1.00% | $ 175.819M | 2.174K BTC | 47.969K ETH | |
| 27 |
StakeDAO SDT | Ethereum | 0.10% | -7.78% | $ 160.393M | 1.983K BTC | 43.761K ETH | |
| 28 |
Beefy Finance BIFI | Multi-Chain | 0.10% | -3.19% | $ 125.543M | 1.552K BTC | 34.252K ETH | |
| 29 |
Compound COMP | Ethereum | -14.05% | -11.98% | $ 125.289M | 1.549K BTC | 34.183K ETH | |
| 30 |
Fantom FTM | Fantom | 0.00% | 0.00% | $ 117.141M | 1.448K BTC | 31.960K ETH | |
| 31 |
Nexus Mutual NXM | Ethereum | 0.55% | 0.16% | $ 105.944M | 1.310K BTC | 28.905K ETH | |
| 32 |
Enzyme Finance MLN | Ethereum | 0.46% | 0.41% | $ 90.940M | 1.124K BTC | 24.811K ETH | |
| 33 |
Belt Finance BELT | Binance | 0.00% | 0.00% | $ 74.967M | 927 BTC | 20.453K ETH | |
| 34 |
Frax FXS | Ethereum | -0.07% | 1.98% | $ 73.640M | 910 BTC | 20.091K ETH | |
| 35 |
Alpha Finance ALPHA | Multi-Chain | 0.00% | 0.00% | $ 71.578M | 885 BTC | 19.529K ETH | |
| 36 |
Connext | Multi-Chain | -20.95% | -61.33% | $ 71.057M | 879 BTC | 19.387K ETH | |
| 37 |
ApeSwap BANANA | Multi-Chain | 0.00% | 0.00% | $ 61.966M | 766 BTC | 16.906K ETH | |
| 38 |
Pangolin PNG | Avalanche | 0.00% | 0.00% | $ 60.172M | 744 BTC | 16.417K ETH | |
| 39 |
Kava KAVA | Kava | 0.37% | 3.25% | $ 56.282M | 696 BTC | 15.356K ETH | |
| 40 |
Parrot Protocol PAI | Solana | 0.00% | 0.00% | $ 51.758M | 640 BTC | 14.121K ETH | |
| 41 |
AnySwap ANY | Multi-Chain | -0.55% | 3.41% | $ 46.632M | 577 BTC | 12.723K ETH | |
| 42 |
MoneyOnChain MOC | RSK | 0.64% | 2.91% | $ 46.416M | 574 BTC | 12.664K ETH | |
| 43 |
Vesper VSP | Ethereum | 0.33% | 0.82% | $ 45.832M | 567 BTC | 12.504K ETH | |
| 44 |
Secret Bridge | Secret | 0.00% | 0.00% | $ 44.881M | 555 BTC | 12.245K ETH | |
| 45 |
Snowball SNOB | Avalanche | 0.00% | 0.00% | $ 40.207M | 497 BTC | 10.970K ETH | |
| 46 |
dYdX | Ethereum | 0.06% | 0.09% | $ 39.841M | 493 BTC | 10.870K ETH | |
| 47 |
Fuse FUSE | Ethereum | 0.00% | 0.00% | $ 38.342M | 474 BTC | 10.461K ETH | |
| 48 |
Alpaca Finance ALPACA | Binance | -0.12% | 3.81% | $ 31.558M | 390 BTC | 8.610K ETH | |
| 49 |
Ankr ANKR | Ethereum | -0.13% | 0.55% | $ 24.456M | 302 BTC | 6.672K ETH | |
| 50 |
Mercurial Finance MER | Solana | -0.01% | 8.90% | $ 23.017M | 285 BTC | 6.280K ETH |
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.
There are three main use cases for DeFi.
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.
DeFi applications are decentralized financial applications (dapps). As part of monetary banking services, one can have the issuance of insurance, stablecoins, or mortgages.
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.
Bitcoin Casinos Bonus Codes and Referral Coupons Vouchers for Free Crypto Exchanges Discounts.