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 | -3.23% | -2.04% | $ 21.895B | 207.237K BTC | 5.974M ETH | |
2 |
![]() WBTC WBTC | Ethereum | -1.28% | -0.05% | $ 13.641B | 129.109K BTC | 3.722M ETH | |
3 |
![]() AAVE AAVE | Multi-Chain | 0.00% | 0.00% | $ 8.155B | 77.183K BTC | 2.225M ETH | |
4 |
![]() Curve CRV | Multi-Chain | 0.00% | 0.00% | $ 7.105B | 67.247K BTC | 1.938M ETH | |
5 |
![]() MakerDAO MKR | Ethereum | 0.17% | 5.72% | $ 5.230B | 49.501K BTC | 1.427M ETH | |
6 |
![]() Pendle PENDLE | Ethereum | -1.10% | -4.37% | $ 4.763B | 45.081K BTC | 1.299M ETH | |
7 |
![]() PancakeSwap CAKE | Binance | 0.00% | 0.00% | $ 3.782B | 35.797K BTC | 1.032M ETH | |
8 |
![]() InstaDApp INST | Ethereum | 0.00% | 0.00% | $ 2.481B | 23.482K BTC | 676.891K ETH | |
9 |
![]() DefiChain DFI | DefiChain | 0.00% | 0.00% | $ 2.209B | 20.908K BTC | 602.693K ETH | |
10 |
![]() Raydium RAY | Solana | -6.44% | 0.63% | $ 1.680B | 15.905K BTC | 458.467K ETH | |
11 |
![]() Venus XVS | Binance | -1.92% | -0.09% | $ 1.603B | 15.176K BTC | 437.446K ETH | |
12 |
![]() Uniswap UNI | Ethereum | 0.00% | 0.00% | $ 1.602B | 15.165K BTC | 437.141K ETH | |
13 |
![]() Convex Finance CVX | Ethereum | -1.13% | -9.29% | $ 1.016B | 9.620K BTC | 277.303K ETH | |
14 |
![]() StakeWise SWISE | Ethereum | -4.15% | -2.15% | $ 937.689M | 8.875K BTC | 255.832K ETH | |
15 |
![]() Balancer BAL | Ethereum | 0.00% | 0.00% | $ 802.980M | 7.600K BTC | 219.079K ETH | |
16 |
![]() SushiSwap SUSHI | Multi-Chain | 0.00% | 0.00% | $ 789.729M | 7.475K BTC | 215.464K ETH | |
17 |
![]() MDEX MDX | Multi-Chain | 0.00% | 0.00% | $ 668.604M | 6.328K BTC | 182.417K ETH | |
18 |
![]() BiSwap BSW | Binance | 0.00% | 0.00% | $ 508.456M | 4.813K BTC | 138.723K ETH | |
19 |
![]() Compound COMP | Ethereum | -1.86% | -0.19% | $ 481.241M | 4.555K BTC | 131.298K ETH | |
20 |
![]() Tornado Cash TORN | Ethereum | -3.52% | 0.32% | $ 442.460M | 4.188K BTC | 120.718K ETH | |
21 |
![]() DefiSaver | Ethereum | 0.00% | 0.00% | $ 439.164M | 4.157K BTC | 119.818K ETH | |
22 |
![]() Lightning Network | Bitcoin | -1.44% | -1.38% | $ 433.770M | 4.106K BTC | 118.347K ETH | |
23 |
![]() Yearn Finance YFI | Ethereum | 53.87% | 46.16% | $ 403.608M | 3.820K BTC | 110.117K ETH | |
24 |
![]() Quickswap QUICK | Polygon | 0.00% | 0.00% | $ 401.680M | 3.802K BTC | 109.591K ETH | |
25 |
![]() Orca | Solana | -6.34% | -1.65% | $ 338.806M | 3.207K BTC | 92.437K ETH | |
26 |
![]() xDAI Stake STAKE | Multi-Chain | -4.00% | -2.54% | $ 291.024M | 2.755K BTC | 79.401K ETH | |
27 |
![]() Beefy Finance BIFI | Multi-Chain | -1.63% | -1.84% | $ 262.125M | 2.481K BTC | 71.516K ETH | |
28 |
![]() Liquity LQTY | Ethereum | -3.29% | -1.36% | $ 232.872M | 2.204K BTC | 63.535K ETH | |
29 |
![]() Nexus Mutual NXM | Ethereum | -3.21% | -2.32% | $ 144.539M | 1.368K BTC | 39.435K ETH | |
30 |
![]() Flamincome FLAG | Ethereum | -1.27% | -0.18% | $ 141.280M | 1.337K BTC | 38.546K ETH | |
31 |
![]() StakeDAO SDT | Ethereum | -1.38% | -9.05% | $ 135.332M | 1.281K BTC | 36.923K ETH | |
32 |
![]() MoneyOnChain MOC | RSK | -1.22% | -0.98% | $ 125.230M | 1.185K BTC | 34.167K ETH | |
33 |
![]() Fantom FTM | Fantom | 0.00% | 0.00% | $ 117.141M | 1.109K BTC | 31.960K ETH | |
34 |
![]() Enzyme Finance MLN | Ethereum | -3.11% | -8.34% | $ 110.430M | 1.045K BTC | 30.129K ETH | |
35 |
![]() Connext | Multi-Chain | -2.69% | -4.24% | $ 108.339M | 1.025K BTC | 29.558K ETH | |
36 |
![]() AnySwap ANY | Multi-Chain | 0.00% | 0.00% | $ 92.698M | 877 BTC | 25.291K ETH | |
37 |
![]() Belt Finance BELT | Binance | 0.00% | 0.00% | $ 74.967M | 710 BTC | 20.453K ETH | |
38 |
![]() Alpha Finance ALPHA | Multi-Chain | 0.00% | 0.00% | $ 71.578M | 677 BTC | 19.529K ETH | |
39 |
![]() Mercurial Finance MER | Solana | -5.88% | -2.81% | $ 67.137M | 635 BTC | 18.317K ETH | |
40 |
![]() ApeSwap BANANA | Multi-Chain | 0.00% | 0.00% | $ 61.966M | 587 BTC | 16.906K ETH | |
41 |
![]() Pangolin PNG | Avalanche | 0.00% | 0.00% | $ 60.172M | 570 BTC | 16.417K ETH | |
42 |
![]() Gambit Protocol GMT | Binance | -1.19% | -0.86% | $ 56.376M | 534 BTC | 15.381K ETH | |
43 |
![]() Kava KAVA | Kava | -1.54% | -6.21% | $ 52.791M | 500 BTC | 14.403K ETH | |
44 |
![]() Parrot Protocol PAI | Solana | 0.00% | 0.00% | $ 51.758M | 490 BTC | 14.121K ETH | |
45 |
![]() Hard Protocol HARD | Kava | -1.05% | -7.35% | $ 50.864M | 481 BTC | 13.877K ETH | |
46 |
![]() Secret Bridge | Secret | 0.00% | 0.00% | $ 44.881M | 425 BTC | 12.245K ETH | |
47 |
![]() Idle Finance IDLE | Ethereum | -8.73% | -7.89% | $ 43.034M | 407 BTC | 11.741K ETH | |
48 |
![]() Tranchess CHESS | Binance | -1.12% | -1.59% | $ 41.911M | 397 BTC | 11.435K ETH | |
49 |
![]() Alchemix ALCX | Ethereum | -3.11% | -0.58% | $ 41.835M | 396 BTC | 11.414K ETH | |
50 |
![]() dYdX | Ethereum | -0.36% | -0.17% | $ 40.381M | 382 BTC | 11.017K 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.