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 | -2.64% | -2.35% | $ 22.587B | 373.407K BTC | 9.668M ETH | |
2 |
WBTC WBTC | Ethereum | -1.48% | 5.17% | $ 9.084B | 150.173K BTC | 3.888M ETH | |
3 |
AAVE AAVE | Multi-Chain | 0.00% | 0.00% | $ 8.155B | 134.810K BTC | 3.490M ETH | |
4 |
Curve CRV | Multi-Chain | 0.00% | 0.00% | $ 7.105B | 117.454K BTC | 3.041M ETH | |
5 |
MakerDAO MKR | Ethereum | -2.72% | -0.78% | $ 3.928B | 64.929K BTC | 1.681M ETH | |
6 |
PancakeSwap CAKE | Binance | 0.00% | 0.00% | $ 3.782B | 62.523K BTC | 1.619M ETH | |
7 |
InstaDApp INST | Ethereum | 0.00% | 0.00% | $ 2.481B | 41.015K BTC | 1.062M ETH | |
8 |
Pendle PENDLE | Ethereum | -1.83% | -1.44% | $ 2.396B | 39.617K BTC | 1.026M ETH | |
9 |
DefiChain DFI | DefiChain | 0.00% | 0.00% | $ 2.209B | 36.519K BTC | 945.546K ETH | |
10 |
Uniswap UNI | Ethereum | 0.00% | 0.00% | $ 1.602B | 26.488K BTC | 685.817K ETH | |
11 |
Venus XVS | Binance | -3.98% | -0.73% | $ 1.576B | 26.052K BTC | 674.539K ETH | |
12 |
Convex Finance CVX | Ethereum | -2.11% | -3.50% | $ 943.262M | 15.594K BTC | 403.752K ETH | |
13 |
Raydium RAY | Solana | -3.31% | -2.89% | $ 840.079M | 13.888K BTC | 359.586K ETH | |
14 |
Balancer BAL | Ethereum | 0.00% | 0.00% | $ 802.980M | 13.275K BTC | 343.706K ETH | |
15 |
SushiSwap SUSHI | Multi-Chain | 0.00% | 0.00% | $ 789.729M | 13.056K BTC | 338.034K ETH | |
16 |
MDEX MDX | Multi-Chain | 0.00% | 0.00% | $ 668.604M | 11.053K BTC | 286.188K ETH | |
17 |
Compound COMP | Ethereum | -2.11% | 0.27% | $ 574.481M | 9.497K BTC | 245.900K ETH | |
18 |
BiSwap BSW | Binance | 0.00% | 0.00% | $ 508.456M | 8.406K BTC | 217.638K ETH | |
19 |
DefiSaver | Ethereum | 0.00% | 0.00% | $ 439.164M | 7.260K BTC | 187.979K ETH | |
20 |
Tornado Cash TORN | Ethereum | -2.30% | -1.14% | $ 433.970M | 7.174K BTC | 185.756K ETH | |
21 |
Quickswap QUICK | Polygon | 0.00% | 0.00% | $ 401.680M | 6.640K BTC | 171.934K ETH | |
22 |
xDAI Stake STAKE | Multi-Chain | -3.71% | -1.21% | $ 375.199M | 6.203K BTC | 160.600K ETH | |
23 |
Lightning Network | Bitcoin | -1.30% | 7.02% | $ 311.533M | 5.150K BTC | 133.348K ETH | |
24 |
Liquity LQTY | Ethereum | -2.73% | -2.04% | $ 307.414M | 5.082K BTC | 131.585K ETH | |
25 |
StakeWise SWISE | Ethereum | -2.48% | -1.34% | $ 287.485M | 4.753K BTC | 123.055K ETH | |
26 |
Orca | Solana | -2.96% | -2.47% | $ 271.680M | 4.491K BTC | 116.290K ETH | |
27 |
Beefy Finance BIFI | Multi-Chain | -1.59% | -0.10% | $ 258.018M | 4.265K BTC | 110.442K ETH | |
28 |
Connext | Multi-Chain | -3.66% | -6.57% | $ 239.286M | 3.956K BTC | 102.423K ETH | |
29 |
Synthetix SNX | Ethereum | -4.46% | -2.45% | $ 232.768M | 3.848K BTC | 99.634K ETH | |
30 |
Yearn Finance YFI | Ethereum | -1.92% | -2.06% | $ 204.564M | 3.382K BTC | 87.561K ETH | |
31 |
Nexus Mutual NXM | Ethereum | -2.68% | -1.33% | $ 188.625M | 3.118K BTC | 80.739K ETH | |
32 |
dYdX | Ethereum | 0.11% | -8.83% | $ 186.186M | 3.078K BTC | 79.695K ETH | |
33 |
Tranchess CHESS | Binance | -2.84% | -1.92% | $ 172.992M | 2.860K BTC | 74.047K ETH | |
34 |
Enzyme Finance MLN | Ethereum | -3.31% | 27.41% | $ 134.411M | 2.222K BTC | 57.533K ETH | |
35 |
Flexa AMP | Ethereum | -5.71% | -2.94% | $ 131.581M | 2.175K BTC | 56.322K ETH | |
36 |
Fantom FTM | Fantom | 0.00% | 0.00% | $ 117.141M | 1.937K BTC | 50.141K ETH | |
37 |
AnySwap ANY | Multi-Chain | 2.85% | 25.00% | $ 114.441M | 1.892K BTC | 48.985K ETH | |
38 |
Gambit Protocol GMT | Binance | -1.61% | -1.47% | $ 108.124M | 1.787K BTC | 46.281K ETH | |
39 |
Flamincome FLAG | Ethereum | -1.16% | 1.85% | $ 96.083M | 1.588K BTC | 41.127K ETH | |
40 |
Osmosis OSMO | Osmosis | -1.20% | 7.49% | $ 75.128M | 1.242K BTC | 32.158K ETH | |
41 |
Belt Finance BELT | Binance | 0.00% | 0.00% | $ 74.967M | 1.239K BTC | 32.089K ETH | |
42 |
MoneyOnChain MOC | RSK | -1.67% | 3.64% | $ 72.940M | 1.206K BTC | 31.221K ETH | |
43 |
Alpha Finance ALPHA | Multi-Chain | 0.00% | 0.00% | $ 71.578M | 1.183K BTC | 30.638K ETH | |
44 |
StakeDAO SDT | Ethereum | -3.51% | -2.61% | $ 66.160M | 1.094K BTC | 28.319K ETH | |
45 |
ApeSwap BANANA | Multi-Chain | 0.00% | 0.00% | $ 61.966M | 1.024K BTC | 26.524K ETH | |
46 |
Pangolin PNG | Avalanche | 0.00% | 0.00% | $ 60.172M | 995 BTC | 25.756K ETH | |
47 |
Mercurial Finance MER | Solana | -2.82% | -4.01% | $ 57.773M | 955 BTC | 24.729K ETH | |
48 |
Set Protocol | Ethereum | -4.11% | -2.39% | $ 55.610M | 919 BTC | 23.803K ETH | |
49 |
Visor Finance VISR | Ethereum | -2.46% | -3.47% | $ 52.745M | 872 BTC | 22.577K ETH | |
50 |
Index Coop INDEX | Ethereum | -4.74% | -0.87% | $ 52.478M | 868 BTC | 22.463K 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.