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

$ 60.434B

Change (24h)

-1.04%

AAVE Dominance

13.49 %

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	478.758K BTC	6.464M ETH
2	Curve CRV	Multi-Chain	0.00%	0.00%	$ 7.105B	417.123K BTC	5.632M ETH
3	MakerDAO MKR	Ethereum	-3.60%	-4.77%	$ 6.345B	372.531K BTC	5.030M ETH
4	Lido LDO	Multi-Chain	0.06%	-0.28%	$ 6.162B	361.790K BTC	4.885M ETH
5	PancakeSwap CAKE	Binance	0.00%	0.00%	$ 3.782B	222.043K BTC	2.998M ETH
6	WBTC WBTC	Ethereum	-4.50%	-7.11%	$ 3.409B	200.123K BTC	2.702M ETH
7	Convex Finance CVX	Ethereum	0.24%	0.12%	$ 3.084B	181.068K BTC	2.445M ETH
8	InstaDApp INST	Ethereum	0.00%	0.00%	$ 2.481B	145.658K BTC	1.967M ETH
9	DefiChain DFI	DefiChain	0.00%	0.00%	$ 2.209B	129.691K BTC	1.751M ETH
10	Uniswap UNI	Ethereum	0.00%	0.00%	$ 1.602B	94.067K BTC	1.270M ETH
11	Compound COMP	Ethereum	0.38%	-0.64%	$ 1.485B	87.195K BTC	1.177M ETH
12	AnySwap ANY	Multi-Chain	-0.45%	2.62%	$ 1.301B	76.396K BTC	1.031M ETH
13	Frax FXS	Ethereum	-0.10%	-0.10%	$ 1.079B	63.349K BTC	855.280K ETH
14	Venus XVS	Binance	-0.37%	-17.08%	$ 815.978M	47.906K BTC	646.786K ETH
15	Balancer BAL	Ethereum	0.00%	0.00%	$ 802.980M	47.143K BTC	636.483K ETH
16	SushiSwap SUSHI	Multi-Chain	0.00%	0.00%	$ 789.729M	46.365K BTC	625.980K ETH
17	MDEX MDX	Multi-Chain	0.00%	0.00%	$ 668.604M	39.254K BTC	529.969K ETH
18	BiSwap BSW	Binance	0.00%	0.00%	$ 508.456M	29.851K BTC	403.028K ETH
19	Gambit Protocol GMT	Binance	0.87%	5.72%	$ 468.393M	27.499K BTC	371.273K ETH
20	Liquity LQTY	Ethereum	-0.01%	-0.84%	$ 441.189M	25.902K BTC	349.709K ETH
21	DefiSaver	Ethereum	0.00%	0.00%	$ 439.164M	25.783K BTC	348.104K ETH
22	Alpaca Finance ALPACA	Binance	0.30%	58.47%	$ 437.436M	25.682K BTC	346.734K ETH
23	dYdX	Ethereum	-0.20%	5.30%	$ 437.279M	25.673K BTC	346.610K ETH
24	Quickswap QUICK	Polygon	0.00%	0.00%	$ 401.680M	23.583K BTC	318.392K ETH
25	Yearn Finance YFI	Ethereum	-0.39%	-0.97%	$ 376.449M	22.101K BTC	298.392K ETH
26	Synthetix SNX	Ethereum	0.63%	7.00%	$ 317.697M	18.652K BTC	251.823K ETH
27	Beefy Finance BIFI	Multi-Chain	0.77%	3.65%	$ 243.972M	14.324K BTC	193.385K ETH
28	hBTC hBTC	Ethereum	-0.12%	0.51%	$ 221.132M	12.983K BTC	175.280K ETH
29	Olympus DAO OHM	Ethereum	0.00%	-0.06%	$ 207.184M	12.164K BTC	164.225K ETH
30	Osmosis OSMO	Osmosis	-2.59%	-5.06%	$ 182.611M	10.721K BTC	144.747K ETH
31	Nexus Mutual NXM	Ethereum	0.03%	-0.61%	$ 173.998M	10.215K BTC	137.920K ETH
32	Tornado Cash TORN	Ethereum	-0.11%	1.72%	$ 171.069M	10.043K BTC	135.598K ETH
33	xDAI Stake STAKE	Multi-Chain	0.24%	-2.41%	$ 156.607M	9.194K BTC	124.135K ETH
34	Abracadabra SPELL	Ethereum	-0.30%	-2.05%	$ 151.893M	8.918K BTC	120.398K ETH
35	Stacks STX	Stacks	-3.19%	-1.11%	$ 132.578M	7.784K BTC	105.088K ETH
36	KlaySwap KSP	Klaytn	-1.91%	-3.76%	$ 131.128M	7.699K BTC	103.939K ETH
37	Fantom FTM	Fantom	0.00%	0.00%	$ 117.141M	6.877K BTC	92.852K ETH
38	Kava KAVA	Kava	1.51%	7.21%	$ 114.781M	6.739K BTC	90.981K ETH
39	StakeWise SWISE	Ethereum	0.01%	0.49%	$ 106.214M	6.236K BTC	84.191K ETH
40	Kyber KNC	Ethereum	-1.95%	7.27%	$ 98.243M	5.768K BTC	77.873K ETH
41	SpookySwap BOO	Fantom	-1.41%	1.83%	$ 93.337M	5.480K BTC	73.984K ETH
42	Hard Protocol HARD	Kava	1.62%	9.70%	$ 92.611M	5.437K BTC	73.408K ETH
43	Loopring LRC	Ethereum	-0.19%	1.14%	$ 88.170M	5.176K BTC	69.888K ETH
44	Lightning Network	Bitcoin	0.24%	-0.01%	$ 86.795M	5.096K BTC	68.798K ETH
45	StakeHound STETH	Ethereum	0.01%	-0.62%	$ 82.852M	4.864K BTC	65.673K ETH
46	Flexa AMP	Ethereum	-0.69%	1.21%	$ 76.870M	4.513K BTC	60.931K ETH
47	Belt Finance BELT	Binance	0.00%	0.00%	$ 74.967M	4.401K BTC	59.423K ETH
48	Ankr ANKR	Ethereum	-0.01%	-58.30%	$ 72.816M	4.275K BTC	57.718K ETH
49	Alpha Finance ALPHA	Multi-Chain	0.00%	0.00%	$ 71.578M	4.202K BTC	56.736K ETH
50	Set Protocol	Ethereum	-0.51%	1.02%	$ 68.756M	4.037K BTC	54.499K 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.