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 | -3.47% | -7.89% | $ 14.177B | 238.713K BTC | 9.093M ETH | |
| 2 |
AAVE AAVE | Multi-Chain | 0.00% | 0.00% | $ 8.155B | 137.307K BTC | 5.231M ETH | |
| 3 |
Curve CRV | Multi-Chain | 0.00% | 0.00% | $ 7.105B | 119.630K BTC | 4.557M ETH | |
| 4 |
WBTC WBTC | Ethereum | -1.58% | -5.03% | $ 6.822B | 114.869K BTC | 4.376M ETH | |
| 5 |
MakerDAO MKR | Ethereum | -6.75% | -7.88% | $ 5.278B | 88.875K BTC | 3.386M ETH | |
| 6 |
PancakeSwap CAKE | Binance | 0.00% | 0.00% | $ 3.782B | 63.681K BTC | 2.426M ETH | |
| 7 |
InstaDApp INST | Ethereum | 0.00% | 0.00% | $ 2.481B | 41.774K BTC | 1.591M ETH | |
| 8 |
DefiChain DFI | DefiChain | 0.00% | 0.00% | $ 2.209B | 37.195K BTC | 1.417M ETH | |
| 9 |
Uniswap UNI | Ethereum | 0.00% | 0.00% | $ 1.602B | 26.978K BTC | 1.028M ETH | |
| 10 |
Venus XVS | Binance | -0.54% | -3.30% | $ 998.014M | 16.804K BTC | 640.142K ETH | |
| 11 |
Pendle PENDLE | Ethereum | -7.20% | 2.35% | $ 940.106M | 15.829K BTC | 602.999K ETH | |
| 12 |
Balancer BAL | Ethereum | 0.00% | 0.00% | $ 802.980M | 13.520K BTC | 515.044K ETH | |
| 13 |
SushiSwap SUSHI | Multi-Chain | 0.00% | 0.00% | $ 789.729M | 13.297K BTC | 506.545K ETH | |
| 14 |
Raydium RAY | Solana | -2.54% | -4.26% | $ 787.170M | 13.254K BTC | 504.904K ETH | |
| 15 |
MDEX MDX | Multi-Chain | 0.00% | 0.00% | $ 668.604M | 11.258K BTC | 428.853K ETH | |
| 16 |
StakeWise SWISE | Ethereum | -2.94% | -8.28% | $ 582.135M | 9.802K BTC | 373.391K ETH | |
| 17 |
BiSwap BSW | Binance | 0.00% | 0.00% | $ 508.456M | 8.561K BTC | 326.132K ETH | |
| 18 |
Convex Finance CVX | Ethereum | -0.77% | -7.70% | $ 470.600M | 7.924K BTC | 301.851K ETH | |
| 19 |
DefiSaver | Ethereum | 0.00% | 0.00% | $ 439.164M | 7.395K BTC | 281.687K ETH | |
| 20 |
Tornado Cash TORN | Ethereum | -2.24% | -5.20% | $ 426.806M | 7.186K BTC | 273.760K ETH | |
| 21 |
Quickswap QUICK | Polygon | 0.00% | 0.00% | $ 401.680M | 6.763K BTC | 257.644K ETH | |
| 22 |
Lightning Network | Bitcoin | 0.29% | -6.47% | $ 283.525M | 4.774K BTC | 181.857K ETH | |
| 23 |
xDAI Stake STAKE | Multi-Chain | -1.39% | -4.38% | $ 238.158M | 4.010K BTC | 152.759K ETH | |
| 24 |
Orca | Solana | -1.53% | -1.74% | $ 235.192M | 3.960K BTC | 150.856K ETH | |
| 25 |
Yearn Finance YFI | Ethereum | -1.78% | -4.15% | $ 140.385M | 2.364K BTC | 90.045K ETH | |
| 26 |
Fantom FTM | Fantom | 0.00% | 0.00% | $ 117.141M | 1.972K BTC | 75.136K ETH | |
| 27 |
Liquity LQTY | Ethereum | -3.15% | -9.05% | $ 116.225M | 1.957K BTC | 74.549K ETH | |
| 28 |
Beefy Finance BIFI | Multi-Chain | 3.34% | -4.42% | $ 105.910M | 1.783K BTC | 67.932K ETH | |
| 29 |
StakeDAO SDT | Ethereum | -2.95% | -13.44% | $ 99.559M | 1.676K BTC | 63.859K ETH | |
| 30 |
Compound COMP | Ethereum | -1.72% | -5.95% | $ 85.523M | 1.440K BTC | 54.856K ETH | |
| 31 |
Nexus Mutual NXM | Ethereum | -2.58% | -7.01% | $ 75.170M | 1.266K BTC | 48.215K ETH | |
| 32 |
Belt Finance BELT | Binance | 0.00% | 0.00% | $ 74.967M | 1.262K BTC | 48.085K ETH | |
| 33 |
Enzyme Finance MLN | Ethereum | -2.26% | -5.18% | $ 73.173M | 1.232K BTC | 46.934K ETH | |
| 34 |
Alpha Finance ALPHA | Multi-Chain | 0.00% | 0.00% | $ 71.578M | 1.205K BTC | 45.911K ETH | |
| 35 |
ApeSwap BANANA | Multi-Chain | 0.00% | 0.00% | $ 61.966M | 1.043K BTC | 39.746K ETH | |
| 36 |
Pangolin PNG | Avalanche | 0.00% | 0.00% | $ 60.172M | 1.013K BTC | 38.595K ETH | |
| 37 |
Parrot Protocol PAI | Solana | 0.00% | 0.00% | $ 51.758M | 871 BTC | 33.199K ETH | |
| 38 |
Frax FXS | Ethereum | 1.98% | -5.10% | $ 48.091M | 810 BTC | 30.846K ETH | |
| 39 |
Secret Bridge | Secret | 0.00% | 0.00% | $ 44.881M | 756 BTC | 28.788K ETH | |
| 40 |
Vesper VSP | Ethereum | -1.31% | -3.59% | $ 40.916M | 689 BTC | 26.244K ETH | |
| 41 |
Snowball SNOB | Avalanche | 0.00% | 0.00% | $ 40.207M | 677 BTC | 25.790K ETH | |
| 42 |
dYdX | Ethereum | -0.24% | -0.66% | $ 38.395M | 646 BTC | 24.627K ETH | |
| 43 |
Fuse FUSE | Ethereum | 0.00% | 0.00% | $ 38.342M | 646 BTC | 24.593K ETH | |
| 44 |
AnySwap ANY | Multi-Chain | -0.78% | -3.32% | $ 36.753M | 619 BTC | 23.574K ETH | |
| 45 |
Mercurial Finance MER | Solana | -1.84% | 18.11% | $ 35.670M | 601 BTC | 22.879K ETH | |
| 46 |
MoneyOnChain MOC | RSK | -2.75% | -6.31% | $ 31.538M | 531 BTC | 20.229K ETH | |
| 47 |
Alpaca Finance ALPACA | Binance | -0.06% | -2.15% | $ 28.641M | 482 BTC | 18.371K ETH | |
| 48 |
Connext | Multi-Chain | -3.51% | -9.43% | $ 20.854M | 351 BTC | 13.376K ETH | |
| 49 |
dHEDGE DHT | Ethereum | -0.76% | -2.25% | $ 19.013M | 320 BTC | 12.196K ETH | |
| 50 |
Ankr ANKR | Ethereum | -2.42% | -7.42% | $ 17.846M | 300 BTC | 11.447K 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.