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

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

AAVE

AAVE

Multi-Chain 0.00% 0.00% $ 8.155B 478.758K BTC 6.464M ETH
2 Curve

Curve

CRV

Multi-Chain 0.00% 0.00% $ 7.105B 417.123K BTC 5.632M ETH
3 MakerDAO

MakerDAO

MKR

Ethereum -3.60% -4.77% $ 6.345B 372.531K BTC 5.030M ETH
4 Lido

Lido

LDO

Multi-Chain 0.06% -0.28% $ 6.162B 361.790K BTC 4.885M ETH
5 PancakeSwap

PancakeSwap

CAKE

Binance 0.00% 0.00% $ 3.782B 222.043K BTC 2.998M ETH
6 WBTC

WBTC

WBTC

Ethereum -4.50% -7.11% $ 3.409B 200.123K BTC 2.702M ETH
7 Convex Finance

Convex Finance

CVX

Ethereum 0.24% 0.12% $ 3.084B 181.068K BTC 2.445M ETH
8 InstaDApp

InstaDApp

INST

Ethereum 0.00% 0.00% $ 2.481B 145.658K BTC 1.967M ETH
9 DefiChain

DefiChain

DFI

DefiChain 0.00% 0.00% $ 2.209B 129.691K BTC 1.751M ETH
10 Uniswap

Uniswap

UNI

Ethereum 0.00% 0.00% $ 1.602B 94.067K BTC 1.270M ETH
11 Compound

Compound

COMP

Ethereum 0.38% -0.64% $ 1.485B 87.195K BTC 1.177M ETH
12 AnySwap

AnySwap

ANY

Multi-Chain -0.45% 2.62% $ 1.301B 76.396K BTC 1.031M ETH
13 Frax

Frax

FXS

Ethereum -0.10% -0.10% $ 1.079B 63.349K BTC 855.280K ETH
14 Venus

Venus

XVS

Binance -0.37% -17.08% $ 815.978M 47.906K BTC 646.786K ETH
15 Balancer

Balancer

BAL

Ethereum 0.00% 0.00% $ 802.980M 47.143K BTC 636.483K ETH
16 SushiSwap

SushiSwap

SUSHI

Multi-Chain 0.00% 0.00% $ 789.729M 46.365K BTC 625.980K ETH
17 MDEX

MDEX

MDX

Multi-Chain 0.00% 0.00% $ 668.604M 39.254K BTC 529.969K ETH
18 BiSwap

BiSwap

BSW

Binance 0.00% 0.00% $ 508.456M 29.851K BTC 403.028K ETH
19 Gambit Protocol

Gambit Protocol

GMT

Binance 0.87% 5.72% $ 468.393M 27.499K BTC 371.273K ETH
20 Liquity

Liquity

LQTY

Ethereum -0.01% -0.84% $ 441.189M 25.902K BTC 349.709K ETH
21 DefiSaver

DefiSaver

Ethereum 0.00% 0.00% $ 439.164M 25.783K BTC 348.104K ETH
22 Alpaca Finance

Alpaca Finance

ALPACA

Binance 0.30% 58.47% $ 437.436M 25.682K BTC 346.734K ETH
23 dYdX

dYdX

Ethereum -0.20% 5.30% $ 437.279M 25.673K BTC 346.610K ETH
24 Quickswap

Quickswap

QUICK

Polygon 0.00% 0.00% $ 401.680M 23.583K BTC 318.392K ETH
25 Yearn Finance

Yearn Finance

YFI

Ethereum -0.39% -0.97% $ 376.449M 22.101K BTC 298.392K ETH
26 Synthetix

Synthetix

SNX

Ethereum 0.63% 7.00% $ 317.697M 18.652K BTC 251.823K ETH
27 Beefy Finance

Beefy Finance

BIFI

Multi-Chain 0.77% 3.65% $ 243.972M 14.324K BTC 193.385K ETH
28 hBTC

hBTC

hBTC

Ethereum -0.12% 0.51% $ 221.132M 12.983K BTC 175.280K ETH
29 Olympus DAO

Olympus DAO

OHM

Ethereum 0.00% -0.06% $ 207.184M 12.164K BTC 164.225K ETH
30 Osmosis

Osmosis

OSMO

Osmosis -2.59% -5.06% $ 182.611M 10.721K BTC 144.747K ETH
31 Nexus Mutual

Nexus Mutual

NXM

Ethereum 0.03% -0.61% $ 173.998M 10.215K BTC 137.920K ETH
32 Tornado Cash

Tornado Cash

TORN

Ethereum -0.11% 1.72% $ 171.069M 10.043K BTC 135.598K ETH
33 xDAI Stake

xDAI Stake

STAKE

Multi-Chain 0.24% -2.41% $ 156.607M 9.194K BTC 124.135K ETH
34 Abracadabra

Abracadabra

SPELL

Ethereum -0.30% -2.05% $ 151.893M 8.918K BTC 120.398K ETH
35 Stacks

Stacks

STX

Stacks -3.19% -1.11% $ 132.578M 7.784K BTC 105.088K ETH
36 KlaySwap

KlaySwap

KSP

Klaytn -1.91% -3.76% $ 131.128M 7.699K BTC 103.939K ETH
37 Fantom

Fantom

FTM

Fantom 0.00% 0.00% $ 117.141M 6.877K BTC 92.852K ETH
38 Kava

Kava

KAVA

Kava 1.51% 7.21% $ 114.781M 6.739K BTC 90.981K ETH
39 StakeWise

StakeWise

SWISE

Ethereum 0.01% 0.49% $ 106.214M 6.236K BTC 84.191K ETH
40 Kyber

Kyber

KNC

Ethereum -1.95% 7.27% $ 98.243M 5.768K BTC 77.873K ETH
41 SpookySwap

SpookySwap

BOO

Fantom -1.41% 1.83% $ 93.337M 5.480K BTC 73.984K ETH
42 Hard Protocol

Hard Protocol

HARD

Kava 1.62% 9.70% $ 92.611M 5.437K BTC 73.408K ETH
43 Loopring

Loopring

LRC

Ethereum -0.19% 1.14% $ 88.170M 5.176K BTC 69.888K ETH
44 Lightning Network

Lightning Network

Bitcoin 0.24% -0.01% $ 86.795M 5.096K BTC 68.798K ETH
45 StakeHound

StakeHound

STETH

Ethereum 0.01% -0.62% $ 82.852M 4.864K BTC 65.673K ETH
46 Flexa

Flexa

AMP

Ethereum -0.69% 1.21% $ 76.870M 4.513K BTC 60.931K ETH
47 Belt Finance

Belt Finance

BELT

Binance 0.00% 0.00% $ 74.967M 4.401K BTC 59.423K ETH
48 Ankr

Ankr

ANKR

Ethereum -0.01% -58.30% $ 72.816M 4.275K BTC 57.718K ETH
49 Alpha Finance

Alpha Finance

ALPHA

Multi-Chain 0.00% 0.00% $ 71.578M 4.202K BTC 56.736K ETH
50 Set Protocol

Set Protocol

Ethereum -0.51% 1.02% $ 68.756M 4.037K BTC 54.499K 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.