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

$ 69.030B

Change (24h)

1.18%

AAVE Dominance

11.81 %

Historical Chart TVL in DeFi

#	Name	Chain	1d Change	7d Change	TVL	TVL in BTC	TVL in ETH
1	AAVE AAVE	Multi-Chain	0.00%	0.00%	$ 8.155B	402.922K BTC	7.103M ETH
2	MakerDAO MKR	Ethereum	2.90%	-0.15%	$ 7.847B	387.708K BTC	6.834M ETH
3	Curve CRV	Multi-Chain	0.00%	0.00%	$ 7.105B	351.050K BTC	6.188M ETH
4	WBTC WBTC	Ethereum	3.51%	-3.57%	$ 5.264B	260.096K BTC	4.585M ETH
5	Lido LDO	Multi-Chain	5.62%	-2.37%	$ 4.941B	244.147K BTC	4.304M ETH
6	PancakeSwap CAKE	Binance	0.00%	0.00%	$ 3.782B	186.871K BTC	3.294M ETH
7	Convex Finance CVX	Ethereum	1.41%	3.18%	$ 3.206B	158.409K BTC	2.792M ETH
8	Compound COMP	Ethereum	2.74%	-0.43%	$ 2.736B	135.204K BTC	2.383M ETH
9	InstaDApp INST	Ethereum	0.00%	0.00%	$ 2.481B	122.585K BTC	2.161M ETH
10	DefiChain DFI	DefiChain	0.00%	0.00%	$ 2.209B	109.148K BTC	1.924M ETH
11	AnySwap ANY	Multi-Chain	0.26%	-3.25%	$ 1.902B	93.979K BTC	1.657M ETH
12	Uniswap UNI	Ethereum	0.00%	0.00%	$ 1.602B	79.167K BTC	1.396M ETH
13	Frax FXS	Ethereum	-3.60%	-4.20%	$ 1.261B	62.322K BTC	1.099M ETH
14	Balancer BAL	Ethereum	0.00%	0.00%	$ 802.980M	39.675K BTC	699.385K ETH
15	hBTC hBTC	Ethereum	4.66%	-1.36%	$ 791.997M	39.133K BTC	689.819K ETH
16	SushiSwap SUSHI	Multi-Chain	0.00%	0.00%	$ 789.729M	39.021K BTC	687.844K ETH
17	MDEX MDX	Multi-Chain	0.00%	0.00%	$ 668.604M	33.036K BTC	582.345K ETH
18	dYdX	Ethereum	-0.41%	-8.41%	$ 623.224M	30.794K BTC	542.820K ETH
19	Venus XVS	Binance	2.35%	-2.54%	$ 619.002M	30.585K BTC	539.143K ETH
20	Yearn Finance YFI	Ethereum	-0.10%	-6.09%	$ 530.421M	26.208K BTC	461.990K ETH
21	BiSwap BSW	Binance	0.00%	0.00%	$ 508.456M	25.123K BTC	442.858K ETH
22	Alpaca Finance ALPACA	Binance	2.63%	11.29%	$ 459.259M	22.692K BTC	400.008K ETH
23	Synthetix SNX	Ethereum	5.23%	15.95%	$ 441.002M	21.790K BTC	384.107K ETH
24	DefiSaver	Ethereum	0.00%	0.00%	$ 439.164M	21.699K BTC	382.506K ETH
25	Liquity LQTY	Ethereum	6.21%	-0.72%	$ 405.067M	20.014K BTC	352.808K ETH
26	Quickswap QUICK	Polygon	0.00%	0.00%	$ 401.680M	19.847K BTC	349.858K ETH
27	Abracadabra SPELL	Ethereum	-0.33%	-3.08%	$ 363.952M	17.983K BTC	316.997K ETH
28	Olympus DAO OHM	Ethereum	0.71%	-1.12%	$ 324.041M	16.011K BTC	282.236K ETH
29	Tornado Cash TORN	Ethereum	5.33%	-5.43%	$ 306.124M	15.126K BTC	266.630K ETH
30	Beefy Finance BIFI	Multi-Chain	4.78%	-0.19%	$ 251.497M	12.426K BTC	219.050K ETH
31	Serum SRM	Solana	-5.25%	8.56%	$ 250.974M	12.401K BTC	218.595K ETH
32	Flexa AMP	Ethereum	-1.63%	3.52%	$ 232.859M	11.506K BTC	202.818K ETH
33	Gambit Protocol GMT	Binance	2.36%	0.02%	$ 230.031M	11.366K BTC	200.354K ETH
34	Raydium RAY	Solana	2.68%	-0.09%	$ 217.683M	10.756K BTC	189.599K ETH
35	xDAI Stake STAKE	Multi-Chain	1.21%	-5.44%	$ 213.340M	10.541K BTC	185.816K ETH
36	Stacks STX	Stacks	14.10%	-4.37%	$ 211.801M	10.465K BTC	184.475K ETH
37	Kava KAVA	Kava	1.65%	-1.19%	$ 199.444M	9.855K BTC	173.713K ETH
38	SolFarm TULIP	Solana	0.66%	38.92%	$ 191.689M	9.471K BTC	166.959K ETH
39	KlaySwap KSP	Klaytn	1.12%	-2.06%	$ 187.466M	9.263K BTC	163.280K ETH
40	Armor ARMOR	Ethereum	5.83%	-2.55%	$ 182.886M	9.036K BTC	159.291K ETH
41	Bancor BNT	Ethereum	2.58%	-7.67%	$ 174.684M	8.631K BTC	152.147K ETH
42	Nexus Mutual NXM	Ethereum	5.82%	-2.51%	$ 174.626M	8.628K BTC	152.097K ETH
43	Loopring LRC	Ethereum	4.48%	1.47%	$ 167.635M	8.283K BTC	146.008K ETH
44	Osmosis OSMO	Osmosis	3.77%	4.54%	$ 164.455M	8.126K BTC	143.238K ETH
45	Neutrino NSBT	Waves	3.15%	-13.24%	$ 162.119M	8.010K BTC	141.203K ETH
46	RenVM REN	Multi-Chain	4.72%	-11.32%	$ 155.673M	7.692K BTC	135.589K ETH
47	DODO DODO	Multi-Chain	0.81%	52.39%	$ 147.629M	7.294K BTC	128.583K ETH
48	Mango Markets	Solana	4.84%	1.48%	$ 131.162M	6.481K BTC	114.241K ETH
49	Alchemix ALCX	Ethereum	1.18%	-1.11%	$ 129.638M	6.405K BTC	112.913K ETH
50	StakeDAO SDT	Ethereum	0.22%	-5.07%	$ 123.094M	6.082K BTC	107.213K ETH

Add a DeFi protocol

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.