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
$ 206.643B
Change (24h)
0.04%
AAVE Dominance
7.83 %

Historical Chart TVL in DeFi

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

AAVE

AAVE

Multi-Chain 0.46% 10.82% $ 16.177B 267.144K BTC 4.187M ETH
2 Curve

Curve

CRV

Multi-Chain -1.68% 5.78% $ 16.066B 265.313K BTC 4.158M ETH
3 MakerDAO

MakerDAO

MKR

Ethereum 1.17% 12.26% $ 15.434B 254.876K BTC 3.995M ETH
4 WBTC

WBTC

WBTC

Ethereum -1.40% 14.29% $ 13.121B 216.678K BTC 3.396M ETH
5 InstaDApp

InstaDApp

INST

Ethereum -0.38% 1.25% $ 12.201B 201.490K BTC 3.158M ETH
6 Compound

Compound

COMP

Ethereum 2.45% 13.76% $ 11.712B 193.419K BTC 3.031M ETH
7 Convex Finance

Convex Finance

CVX

Ethereum -1.29% 13.64% $ 10.650B 175.880K BTC 2.757M ETH
8 Lido

Lido

LDO

Multi-Chain 2.61% 2.65% $ 8.198B 135.381K BTC 2.122M ETH
9 Yearn Finance

Yearn Finance

YFI

Ethereum -0.08% 4.13% $ 5.464B 90.229K BTC 1.414M ETH
10 AnySwap

AnySwap

ANY

Multi-Chain 1.80% -2.85% $ 5.341B 88.203K BTC 1.382M ETH
11 PancakeSwap

PancakeSwap

CAKE

Binance -2.09% -3.74% $ 5.158B 85.179K BTC 1.335M ETH
12 SushiSwap

SushiSwap

SUSHI

Multi-Chain 0.37% 5.53% $ 4.682B 77.326K BTC 1.212M ETH
13 Uniswap

Uniswap

UNI

Ethereum -0.17% 3.23% $ 4.563B 75.360K BTC 1.181M ETH
14 Anchor

Anchor

ANC

Terra -0.51% -4.85% $ 3.574B 59.016K BTC 924.939K ETH
15 Uniswap v3

Uniswap v3

UNI

Ethereum 2.81% 6.31% $ 3.146B 51.947K BTC 814.158K ETH
16 Venus

Venus

XVS

Binance -0.37% 6.36% $ 2.759B 45.561K BTC 714.068K ETH
17 Abracadabra

Abracadabra

SPELL

Ethereum 1.69% 16.83% $ 2.607B 43.054K BTC 674.772K ETH
18 hBTC

hBTC

hBTC

Ethereum -1.45% 10.63% $ 2.426B 40.071K BTC 628.029K ETH
19 MDEX

MDEX

MDX

Multi-Chain -1.85% -7.48% $ 2.275B 37.567K BTC 588.782K ETH
20 Liquity

Liquity

LQTY

Ethereum -17.14% -10.35% $ 2.127B 35.119K BTC 550.405K ETH
21 Synthetix

Synthetix

SNX

Ethereum 1.57% -2.89% $ 1.899B 31.360K BTC 491.492K ETH
22 Saber

Saber

SBR

Solana -5.22% -20.72% $ 1.841B 30.398K BTC 476.426K ETH
23 Tranchess

Tranchess

CHESS

Binance -0.51% 1.35% $ 1.716B 28.333K BTC 444.064K ETH
24 RenVM

RenVM

REN

Multi-Chain -1.62% 5.13% $ 1.636B 27.024K BTC 423.544K ETH
25 Neutrino

Neutrino

NSBT

Waves -2.60% 7.05% $ 1.633B 26.961K BTC 422.556K ETH
26 Balancer

Balancer

BAL

Ethereum 2.04% 1.22% $ 1.595B 26.337K BTC 412.779K ETH
27 Raydium

Raydium

RAY

Solana -1.52% 2.06% $ 1.585B 26.170K BTC 410.152K ETH
28 Bancor

Bancor

BNT

Ethereum 2.87% 4.56% $ 1.577B 26.046K BTC 408.220K ETH
29 Mirror

Mirror

MIR

Multi-Chain 0.32% -0.90% $ 1.551B 25.608K BTC 401.351K ETH
30 Sunny

Sunny

SUNNY

Solana -3.76% -20.79% $ 1.538B 25.396K BTC 398.025K ETH
31 CREAM Finance

CREAM Finance

CREAM

Multi-Chain 1.17% -0.17% $ 1.533B 25.309K BTC 396.662K ETH
32 Serum

Serum

SRM

Solana 1.85% 153.95% $ 1.485B 24.527K BTC 384.409K ETH
33 Flexa

Flexa

AMP

Ethereum 5.52% -2.52% $ 1.426B 23.545K BTC 369.020K ETH
34 Alpaca Finance

Alpaca Finance

ALPACA

Binance -1.10% -6.78% $ 1.326B 21.891K BTC 343.095K ETH
35 Belt Finance

Belt Finance

BELT

Binance -1.69% 4.19% $ 1.222B 20.176K BTC 316.218K ETH
36 Alchemix

Alchemix

ALCX

Ethereum -8.94% 7.32% $ 1.153B 19.042K BTC 298.443K ETH
37 Tornado Cash

Tornado Cash

TORN

Ethereum 1.41% 6.58% $ 1.112B 18.370K BTC 287.914K ETH
38 Beefy Finance

Beefy Finance

BIFI

Multi-Chain 2.58% 16.42% $ 1.083B 17.877K BTC 280.181K ETH
39 KlaySwap

KlaySwap

KSP

Klaytn 0.11% -10.65% $ 1.059B 17.494K BTC 274.176K ETH
40 Orca

Orca

Solana 0.42% 15.84% $ 1.048B 17.306K BTC 271.227K ETH
41 dYdX

dYdX

Ethereum 0.88% 11.62% $ 986.161M 16.286K BTC 255.243K ETH
42 Autofarm

Autofarm

AUTO

Multi-Chain 0.19% 5.54% $ 978.440M 16.158K BTC 253.244K ETH
43 TrueFi

TrueFi

TRU

Ethereum 0.04% 0.63% $ 977.322M 16.140K BTC 252.955K ETH
44 Sablier Finance

Sablier Finance

Ethereum 3.88% 8.41% $ 941.533M 15.549K BTC 243.692K ETH
45 DefiChain

DefiChain

DFI

DefiChain 0.12% 6.12% $ 907.492M 14.987K BTC 234.881K ETH
46 Badger DAO

Badger DAO

BADGER

Ethereum -1.01% 15.68% $ 896.399M 14.803K BTC 232.010K ETH
47 Alpha Finance

Alpha Finance

ALPHA

Multi-Chain 3.45% -6.98% $ 889.186M 14.684K BTC 230.143K ETH
48 DefiSaver

DefiSaver

Ethereum 2.39% 13.67% $ 877.424M 14.490K BTC 227.099K ETH
49 Rari Capital

Rari Capital

RGT

Ethereum 4.38% 37.83% $ 853.503M 14.095K BTC 220.907K ETH
50 BXH

BXH

BXH

Heco 1.23% 24.89% $ 846.382M 13.977K BTC 219.064K 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.