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 | 0.21% | -0.26% | $ 17.940B | 278.842K BTC | 9.437M ETH | |
| 2 |
AAVE AAVE | Multi-Chain | 0.00% | 0.00% | $ 8.155B | 126.747K BTC | 4.290M ETH | |
| 3 |
WBTC WBTC | Ethereum | -0.23% | -0.45% | $ 7.344B | 114.155K BTC | 3.863M ETH | |
| 4 |
Curve CRV | Multi-Chain | 0.00% | 0.00% | $ 7.105B | 110.429K BTC | 3.737M ETH | |
| 5 |
MakerDAO MKR | Ethereum | -0.12% | 0.23% | $ 5.655B | 87.898K BTC | 2.975M ETH | |
| 6 |
PancakeSwap CAKE | Binance | 0.00% | 0.00% | $ 3.782B | 58.784K BTC | 1.989M ETH | |
| 7 |
InstaDApp INST | Ethereum | 0.00% | 0.00% | $ 2.481B | 38.562K BTC | 1.305M ETH | |
| 8 |
DefiChain DFI | DefiChain | 0.00% | 0.00% | $ 2.209B | 34.335K BTC | 1.162M ETH | |
| 9 |
Uniswap UNI | Ethereum | 0.00% | 0.00% | $ 1.602B | 24.903K BTC | 842.805K ETH | |
| 10 |
Pendle PENDLE | Ethereum | -2.09% | -3.17% | $ 1.171B | 18.208K BTC | 616.223K ETH | |
| 11 |
Venus XVS | Binance | -0.20% | 0.90% | $ 1.059B | 16.464K BTC | 557.206K ETH | |
| 12 |
Raydium RAY | Solana | -1.31% | -2.69% | $ 806.407M | 12.534K BTC | 424.186K ETH | |
| 13 |
Balancer BAL | Ethereum | 0.00% | 0.00% | $ 802.980M | 12.481K BTC | 422.383K ETH | |
| 14 |
SushiSwap SUSHI | Multi-Chain | 0.00% | 0.00% | $ 789.729M | 12.275K BTC | 415.413K ETH | |
| 15 |
StakeWise SWISE | Ethereum | -0.38% | -2.13% | $ 708.400M | 11.011K BTC | 372.632K ETH | |
| 16 |
MDEX MDX | Multi-Chain | 0.00% | 0.00% | $ 668.604M | 10.392K BTC | 351.699K ETH | |
| 17 |
Tornado Cash TORN | Ethereum | 0.30% | -0.34% | $ 579.985M | 9.015K BTC | 305.083K ETH | |
| 18 |
BiSwap BSW | Binance | 0.00% | 0.00% | $ 508.456M | 7.903K BTC | 267.458K ETH | |
| 19 |
Convex Finance CVX | Ethereum | 0.98% | -0.34% | $ 466.911M | 7.257K BTC | 245.604K ETH | |
| 20 |
DefiSaver | Ethereum | 0.00% | 0.00% | $ 439.164M | 6.826K BTC | 231.009K ETH | |
| 21 |
Quickswap QUICK | Polygon | 0.00% | 0.00% | $ 401.680M | 6.243K BTC | 211.292K ETH | |
| 22 |
Lightning Network | Bitcoin | -0.14% | -5.84% | $ 270.427M | 4.203K BTC | 142.250K ETH | |
| 23 |
xDAI Stake STAKE | Multi-Chain | -0.24% | -1.32% | $ 243.123M | 3.779K BTC | 127.887K ETH | |
| 24 |
Orca | Solana | -0.38% | 3.51% | $ 242.891M | 3.775K BTC | 127.766K ETH | |
| 25 |
Yearn Finance YFI | Ethereum | -0.05% | -2.29% | $ 176.536M | 2.744K BTC | 92.861K ETH | |
| 26 |
Liquity LQTY | Ethereum | -0.36% | 1.04% | $ 141.339M | 2.197K BTC | 74.347K ETH | |
| 27 |
Fantom FTM | Fantom | 0.00% | 0.00% | $ 117.141M | 1.821K BTC | 61.618K ETH | |
| 28 |
StakeDAO SDT | Ethereum | 4.08% | 2.14% | $ 108.904M | 1.693K BTC | 57.286K ETH | |
| 29 |
Beefy Finance BIFI | Multi-Chain | -0.95% | -4.15% | $ 102.718M | 1.597K BTC | 54.031K ETH | |
| 30 |
Compound COMP | Ethereum | -0.13% | -0.96% | $ 90.100M | 1.400K BTC | 47.394K ETH | |
| 31 |
Nexus Mutual NXM | Ethereum | 0.02% | -0.40% | $ 87.276M | 1.357K BTC | 45.909K ETH | |
| 32 |
Enzyme Finance MLN | Ethereum | -0.22% | -1.64% | $ 84.279M | 1.310K BTC | 44.332K ETH | |
| 33 |
Belt Finance BELT | Binance | 0.00% | 0.00% | $ 74.967M | 1.165K BTC | 39.434K ETH | |
| 34 |
Alpha Finance ALPHA | Multi-Chain | 0.00% | 0.00% | $ 71.578M | 1.113K BTC | 37.651K ETH | |
| 35 |
ApeSwap BANANA | Multi-Chain | 0.00% | 0.00% | $ 61.966M | 963 BTC | 32.595K ETH | |
| 36 |
Vesper VSP | Ethereum | -0.67% | -7.42% | $ 60.301M | 937 BTC | 31.720K ETH | |
| 37 |
Pangolin PNG | Avalanche | 0.00% | 0.00% | $ 60.172M | 935 BTC | 31.652K ETH | |
| 38 |
Parrot Protocol PAI | Solana | 0.00% | 0.00% | $ 51.758M | 804 BTC | 27.226K ETH | |
| 39 |
Secret Bridge | Secret | 0.00% | 0.00% | $ 44.881M | 698 BTC | 23.608K ETH | |
| 40 |
Frax FXS | Ethereum | 0.04% | -4.98% | $ 42.366M | 658 BTC | 22.285K ETH | |
| 41 |
Snowball SNOB | Avalanche | 0.00% | 0.00% | $ 40.207M | 625 BTC | 21.150K ETH | |
| 42 |
Fuse FUSE | Ethereum | 0.00% | 0.00% | $ 38.342M | 596 BTC | 20.169K ETH | |
| 43 |
dYdX | Ethereum | -0.02% | -0.06% | $ 37.854M | 588 BTC | 19.912K ETH | |
| 44 |
AnySwap ANY | Multi-Chain | -0.15% | -0.15% | $ 37.622M | 585 BTC | 19.790K ETH | |
| 45 |
Mercurial Finance MER | Solana | -1.10% | -1.59% | $ 36.409M | 566 BTC | 19.152K ETH | |
| 46 |
Alpaca Finance ALPACA | Binance | 0.49% | 1.66% | $ 30.284M | 471 BTC | 15.930K ETH | |
| 47 |
Connext | Multi-Chain | -0.40% | -1.45% | $ 23.458M | 365 BTC | 12.339K ETH | |
| 48 |
Ankr ANKR | Ethereum | 1.46% | 0.17% | $ 20.648M | 321 BTC | 10.861K ETH | |
| 49 |
dHEDGE DHT | Ethereum | -0.23% | -0.42% | $ 20.443M | 318 BTC | 10.754K ETH | |
| 50 |
MoneyOnChain MOC | RSK | -0.52% | -1.02% | $ 18.438M | 287 BTC | 9.698K 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.