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
$ 89.757B
Change (24h)
42.45%
Lido Dominance
31.16 %

Historical Chart TVL in DeFi

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

Lido

LDO

Multi-Chain -3.49% 1.03% $ 27.966B 310.139K BTC 7.630M ETH
2 WBTC

WBTC

WBTC

Ethereum -2.47% -3.11% $ 11.191B 124.106K BTC 3.053M ETH
3 AAVE

AAVE

AAVE

Multi-Chain 0.00% 0.00% $ 8.155B 90.434K BTC 2.225M ETH
4 Curve

Curve

CRV

Multi-Chain 0.00% 0.00% $ 7.105B 78.791K BTC 1.938M ETH
5 MakerDAO

MakerDAO

MKR

Ethereum -1.78% 0.72% $ 6.657B 73.823K BTC 1.816M ETH
6 PancakeSwap

PancakeSwap

CAKE

Binance 0.00% 0.00% $ 3.782B 41.942K BTC 1.032M ETH
7 Pendle

Pendle

PENDLE

Ethereum 0.37% 3.69% $ 3.740B 41.476K BTC 1.020M ETH
8 InstaDApp

InstaDApp

INST

Ethereum 0.00% 0.00% $ 2.481B 27.514K BTC 676.891K ETH
9 DefiChain

DefiChain

DFI

DefiChain 0.00% 0.00% $ 2.209B 24.498K BTC 602.693K ETH
10 Uniswap

Uniswap

UNI

Ethereum 0.00% 0.00% $ 1.602B 17.768K BTC 437.141K ETH
11 Venus

Venus

XVS

Binance -3.53% -3.01% $ 1.514B 16.793K BTC 413.138K ETH
12 Raydium

Raydium

RAY

Solana -5.39% -6.64% $ 1.472B 16.326K BTC 401.665K ETH
13 StakeWise

StakeWise

SWISE

Ethereum -3.50% -0.38% $ 1.161B 12.876K BTC 316.780K ETH
14 Tornado Cash

Tornado Cash

TORN

Ethereum -3.18% 2.98% $ 1.112B 12.331K BTC 303.377K ETH
15 Convex Finance

Convex Finance

CVX

Ethereum -2.61% -1.23% $ 957.019M 10.613K BTC 261.106K ETH
16 Balancer

Balancer

BAL

Ethereum 0.00% 0.00% $ 802.980M 8.905K BTC 219.079K ETH
17 SushiSwap

SushiSwap

SUSHI

Multi-Chain 0.00% 0.00% $ 789.729M 8.758K BTC 215.464K ETH
18 MDEX

MDEX

MDX

Multi-Chain 0.00% 0.00% $ 668.604M 7.415K BTC 182.417K ETH
19 BiSwap

BiSwap

BSW

Binance 0.00% 0.00% $ 508.456M 5.639K BTC 138.723K ETH
20 Lightning Network

Lightning Network

Bitcoin -2.55% -3.19% $ 477.249M 5.293K BTC 130.209K ETH
21 DefiSaver

DefiSaver

Ethereum 0.00% 0.00% $ 439.164M 4.870K BTC 119.818K ETH
22 Yearn Finance

Yearn Finance

YFI

Ethereum -2.00% 0.84% $ 435.167M 4.826K BTC 118.728K ETH
23 Quickswap

Quickswap

QUICK

Polygon 0.00% 0.00% $ 401.680M 4.455K BTC 109.591K ETH
24 Compound

Compound

COMP

Ethereum -5.51% -7.64% $ 382.537M 4.242K BTC 104.369K ETH
25 xDAI Stake

xDAI Stake

STAKE

Multi-Chain -2.69% -6.05% $ 340.874M 3.780K BTC 93.002K ETH
26 Orca

Orca

Solana -3.60% -6.33% $ 330.008M 3.660K BTC 90.037K ETH
27 Connext

Connext

Multi-Chain -4.40% 3.60% $ 286.352M 3.176K BTC 78.126K ETH
28 Liquity

Liquity

LQTY

Ethereum -3.48% 1.18% $ 259.278M 2.875K BTC 70.740K ETH
29 Beefy Finance

Beefy Finance

BIFI

Multi-Chain -0.90% 0.82% $ 227.281M 2.521K BTC 62.010K ETH
30 StakeDAO

StakeDAO

SDT

Ethereum -20.10% 5.99% $ 210.979M 2.340K BTC 57.562K ETH
31 Nexus Mutual

Nexus Mutual

NXM

Ethereum -3.19% 0.11% $ 150.218M 1.666K BTC 40.985K ETH
32 Enzyme Finance

Enzyme Finance

MLN

Ethereum -2.81% -0.68% $ 133.310M 1.478K BTC 36.371K ETH
33 Fantom

Fantom

FTM

Fantom 0.00% 0.00% $ 117.141M 1.299K BTC 31.960K ETH
34 Frax

Frax

FXS

Ethereum -0.30% -3.15% $ 98.164M 1.089K BTC 26.782K ETH
35 AnySwap

AnySwap

ANY

Multi-Chain 0.00% 0.00% $ 92.698M 1.028K BTC 25.291K ETH
36 MoneyOnChain

MoneyOnChain

MOC

RSK -2.74% -3.30% $ 80.958M 898 BTC 22.088K ETH
37 Mercurial Finance

Mercurial Finance

MER

Solana -4.14% 10.58% $ 80.049M 888 BTC 21.840K ETH
38 Belt Finance

Belt Finance

BELT

Binance 0.00% 0.00% $ 74.967M 831 BTC 20.453K ETH
39 Alpha Finance

Alpha Finance

ALPHA

Multi-Chain 0.00% 0.00% $ 71.578M 794 BTC 19.529K ETH
40 ApeSwap

ApeSwap

BANANA

Multi-Chain 0.00% 0.00% $ 61.966M 687 BTC 16.906K ETH
41 Pangolin

Pangolin

PNG

Avalanche 0.00% 0.00% $ 60.172M 667 BTC 16.417K ETH
42 Parrot Protocol

Parrot Protocol

PAI

Solana 0.00% 0.00% $ 51.758M 574 BTC 14.121K ETH
43 Ankr

Ankr

ANKR

Ethereum -4.38% -9.67% $ 48.389M 537 BTC 13.202K ETH
44 Idle Finance

Idle Finance

IDLE

Ethereum -0.15% -0.06% $ 46.349M 514 BTC 12.645K ETH
45 Vesper

Vesper

VSP

Ethereum -2.85% -0.09% $ 45.129M 500 BTC 12.313K ETH
46 Secret Bridge

Secret Bridge

Secret 0.00% 0.00% $ 44.881M 498 BTC 12.245K ETH
47 Alchemix

Alchemix

ALCX

Ethereum -3.22% 0.41% $ 43.699M 485 BTC 11.923K ETH
48 dYdX

dYdX

Ethereum -0.60% -0.06% $ 41.114M 456 BTC 11.217K ETH
49 Alpaca Finance

Alpaca Finance

ALPACA

Binance -1.92% -3.55% $ 40.622M 450 BTC 11.083K ETH
50 Snowball

Snowball

SNOB

Avalanche 0.00% 0.00% $ 40.207M 446 BTC 10.970K 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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