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 | 0.88% | 2.01% | $ 26.758B | 308.997K BTC | 9.771M ETH | |
| 2 |
WBTC WBTC | Ethereum | 1.84% | 0.70% | $ 9.897B | 114.290K BTC | 3.614M ETH | |
| 3 |
AAVE AAVE | Multi-Chain | 0.00% | 0.00% | $ 8.155B | 94.168K BTC | 2.978M ETH | |
| 4 |
Curve CRV | Multi-Chain | 0.00% | 0.00% | $ 7.105B | 82.044K BTC | 2.594M ETH | |
| 5 |
MakerDAO MKR | Ethereum | 0.43% | -0.60% | $ 5.848B | 67.532K BTC | 2.135M ETH | |
| 6 |
PancakeSwap CAKE | Binance | 0.00% | 0.00% | $ 3.782B | 43.674K BTC | 1.381M ETH | |
| 7 |
InstaDApp INST | Ethereum | 0.00% | 0.00% | $ 2.481B | 28.650K BTC | 905.905K ETH | |
| 8 |
DefiChain DFI | DefiChain | 0.00% | 0.00% | $ 2.209B | 25.509K BTC | 806.604K ETH | |
| 9 |
Uniswap UNI | Ethereum | 0.00% | 0.00% | $ 1.602B | 18.502K BTC | 585.040K ETH | |
| 10 |
Raydium RAY | Solana | 1.14% | 1.97% | $ 1.350B | 15.592K BTC | 493.011K ETH | |
| 11 |
Venus XVS | Binance | 1.07% | -1.97% | $ 1.325B | 15.301K BTC | 483.809K ETH | |
| 12 |
Pendle PENDLE | Ethereum | 0.67% | -0.05% | $ 1.257B | 14.521K BTC | 459.148K ETH | |
| 13 |
StakeWise SWISE | Ethereum | 0.98% | 0.86% | $ 1.021B | 11.791K BTC | 372.830K ETH | |
| 14 |
Balancer BAL | Ethereum | 0.00% | 0.00% | $ 802.980M | 9.273K BTC | 293.201K ETH | |
| 15 |
SushiSwap SUSHI | Multi-Chain | 0.00% | 0.00% | $ 789.729M | 9.120K BTC | 288.362K ETH | |
| 16 |
Tornado Cash TORN | Ethereum | 0.89% | 0.31% | $ 774.762M | 8.947K BTC | 282.897K ETH | |
| 17 |
MDEX MDX | Multi-Chain | 0.00% | 0.00% | $ 668.604M | 7.721K BTC | 244.134K ETH | |
| 18 |
Convex Finance CVX | Ethereum | -0.89% | 3.91% | $ 621.009M | 7.171K BTC | 226.756K ETH | |
| 19 |
BiSwap BSW | Binance | 0.00% | 0.00% | $ 508.456M | 5.872K BTC | 185.658K ETH | |
| 20 |
DefiSaver | Ethereum | 0.00% | 0.00% | $ 439.164M | 5.071K BTC | 160.357K ETH | |
| 21 |
Quickswap QUICK | Polygon | 0.00% | 0.00% | $ 401.680M | 4.638K BTC | 146.670K ETH | |
| 22 |
Lightning Network | Bitcoin | 2.38% | 0.84% | $ 317.133M | 3.662K BTC | 115.798K ETH | |
| 23 |
Orca | Solana | 0.11% | 7.03% | $ 316.813M | 3.658K BTC | 115.681K ETH | |
| 24 |
xDAI Stake STAKE | Multi-Chain | 0.30% | 4.13% | $ 283.175M | 3.270K BTC | 103.399K ETH | |
| 25 |
Yearn Finance YFI | Ethereum | 0.00% | 0.91% | $ 205.024M | 2.368K BTC | 74.863K ETH | |
| 26 |
Liquity LQTY | Ethereum | 0.95% | 1.12% | $ 196.302M | 2.267K BTC | 71.678K ETH | |
| 27 |
StakeDAO SDT | Ethereum | -0.45% | 4.32% | $ 155.316M | 1.794K BTC | 56.712K ETH | |
| 28 |
Beefy Finance BIFI | Multi-Chain | 0.62% | 1.30% | $ 121.814M | 1.407K BTC | 44.479K ETH | |
| 29 |
Fantom FTM | Fantom | 0.00% | 0.00% | $ 117.141M | 1.353K BTC | 42.773K ETH | |
| 30 |
Nexus Mutual NXM | Ethereum | 0.54% | 0.72% | $ 114.905M | 1.327K BTC | 41.956K ETH | |
| 31 |
Compound COMP | Ethereum | 0.89% | 0.51% | $ 112.110M | 1.295K BTC | 40.936K ETH | |
| 32 |
Enzyme Finance MLN | Ethereum | 1.47% | 1.36% | $ 99.959M | 1.154K BTC | 36.499K ETH | |
| 33 |
Vesper VSP | Ethereum | 0.55% | 0.49% | $ 94.568M | 1.092K BTC | 34.531K ETH | |
| 34 |
Belt Finance BELT | Binance | 0.00% | 0.00% | $ 74.967M | 866 BTC | 27.374K ETH | |
| 35 |
Alpha Finance ALPHA | Multi-Chain | 0.00% | 0.00% | $ 71.578M | 827 BTC | 26.136K ETH | |
| 36 |
ApeSwap BANANA | Multi-Chain | 0.00% | 0.00% | $ 61.966M | 716 BTC | 22.626K ETH | |
| 37 |
Pangolin PNG | Avalanche | 0.00% | 0.00% | $ 60.172M | 695 BTC | 21.971K ETH | |
| 38 |
Parrot Protocol PAI | Solana | 0.00% | 0.00% | $ 51.758M | 598 BTC | 18.899K ETH | |
| 39 |
Mercurial Finance MER | Solana | 0.99% | -0.22% | $ 51.204M | 591 BTC | 18.697K ETH | |
| 40 |
AnySwap ANY | Multi-Chain | 0.15% | 0.10% | $ 45.836M | 529 BTC | 16.736K ETH | |
| 41 |
Secret Bridge | Secret | 0.00% | 0.00% | $ 44.881M | 518 BTC | 16.388K ETH | |
| 42 |
Snowball SNOB | Avalanche | 0.00% | 0.00% | $ 40.207M | 464 BTC | 14.681K ETH | |
| 43 |
dYdX | Ethereum | -0.52% | -1.34% | $ 38.447M | 444 BTC | 14.039K ETH | |
| 44 |
Fuse FUSE | Ethereum | 0.00% | 0.00% | $ 38.342M | 443 BTC | 14.000K ETH | |
| 45 |
Frax FXS | Ethereum | 6.82% | -1.79% | $ 38.231M | 441 BTC | 13.960K ETH | |
| 46 |
Alpaca Finance ALPACA | Binance | 0.10% | -0.40% | $ 36.442M | 421 BTC | 13.307K ETH | |
| 47 |
Connext | Multi-Chain | 1.32% | 0.66% | $ 32.693M | 378 BTC | 11.938K ETH | |
| 48 |
Ankr ANKR | Ethereum | 0.74% | 0.47% | $ 30.080M | 347 BTC | 10.984K ETH | |
| 49 |
dHEDGE DHT | Ethereum | 2.33% | 2.06% | $ 26.548M | 307 BTC | 9.694K ETH | |
| 50 |
Harvest Finance FARM | Ethereum | 0.76% | -1.60% | $ 23.513M | 272 BTC | 8.586K 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.