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 |
|---|---|---|---|---|---|---|---|---|
| 232 |
TrueFi TRU | Ethereum | 45.53% | 0.04% | $ 21.722K | 0 BTC | 13 ETH | |
| 272 |
Tomb Finance TOMB | Fantom | 42.23% | 39.50% | $ 0 | 0 BTC | 0 ETH | |
| 263 |
Shiba Fantom SHIBA | Fantom | 42.23% | 39.49% | $ 864 | 0 BTC | 1 ETH | |
| 248 |
Waka Finance WAKA | Fantom | 41.92% | 39.88% | $ 5.823K | 0 BTC | 3 ETH | |
| 226 |
Bao Finance BAO | Multi-Chain | 22.12% | -7.33% | $ 27.790K | 0 BTC | 17 ETH | |
| 192 |
Geyser GYSR | Multi-Chain | 12.57% | 17.18% | $ 97.894K | 2 BTC | 59 ETH | |
| 262 |
TendieSwap TENDIE | Binance | 12.27% | 9.84% | $ 1.463K | 0 BTC | 1 ETH | |
| 193 |
YF Link YFL | Ethereum | 11.61% | -2.02% | $ 97.628K | 2 BTC | 58 ETH | |
| 56 |
Kava KAVA | Kava | 10.35% | -1.81% | $ 11.184M | 176 BTC | 6.688K ETH | |
| 187 |
Neutrino NSBT | Waves | 9.44% | -1.90% | $ 116.237K | 2 BTC | 70 ETH | |
| 64 |
Sovryn SOV | RSK | 6.82% | 2.27% | $ 8.792M | 138 BTC | 5.257K ETH | |
| 59 |
Hard Protocol HARD | Kava | 6.73% | 0.63% | $ 10.234M | 161 BTC | 6.120K ETH | |
| 28 |
StakeDAO SDT | Ethereum | 5.66% | 8.25% | $ 115.473M | 1.818K BTC | 69.053K ETH | |
| 245 |
Vanilla VNL | Ethereum | 5.65% | -5.36% | $ 7.708K | 0 BTC | 5 ETH | |
| 191 |
Indexed Finance NDX | Ethereum | 5.16% | -3.93% | $ 99.730K | 2 BTC | 60 ETH | |
| 51 |
Osmosis OSMO | Osmosis | 5.12% | 5.60% | $ 15.779M | 248 BTC | 9.436K ETH | |
| 169 |
ZilSwap ZWAP | Zilliqa | 5.09% | -7.46% | $ 182.978K | 3 BTC | 109 ETH | |
| 17 |
Convex Finance CVX | Ethereum | 5.00% | 1.25% | $ 530.462M | 8.349K BTC | 317.217K ETH | |
| 12 |
Raydium RAY | Solana | 4.98% | -2.27% | $ 808.387M | 12.724K BTC | 483.416K ETH | |
| 152 |
SpiritSwap SPIRIT | Fantom | 4.96% | 5.26% | $ 314.659K | 5 BTC | 188 ETH | |
| 49 |
Mercurial Finance MER | Solana | 4.81% | 0.20% | $ 17.967M | 283 BTC | 10.744K ETH | |
| 76 |
Tranchess CHESS | Binance | 4.76% | 0.72% | $ 4.810M | 76 BTC | 2.876K ETH | |
| 145 |
YFII YFII | Ethereum | 4.72% | -0.65% | $ 371.452K | 6 BTC | 222 ETH | |
| 244 |
ACoconut AC | Multi-Chain | 4.61% | 2.57% | $ 12.476K | 0 BTC | 7 ETH | |
| 62 |
Index Coop INDEX | Ethereum | 4.52% | -7.12% | $ 9.196M | 145 BTC | 5.499K ETH | |
| 200 |
BasketDAO BASK | Ethereum | 4.47% | -9.84% | $ 79.234K | 1 BTC | 47 ETH | |
| 212 |
Complus Network COM | Avalanche | 4.25% | -3.23% | $ 52.300K | 1 BTC | 31 ETH | |
| 116 |
Flexa AMP | Ethereum | 4.14% | -15.29% | $ 905.925K | 14 BTC | 542 ETH | |
| 170 |
Unit Protocol DUCK | Ethereum | 4.09% | -4.84% | $ 179.778K | 3 BTC | 108 ETH | |
| 207 |
xDollar XDO | Polygon | 4.05% | 109.78% | $ 66.567K | 1 BTC | 40 ETH | |
| 236 |
CoFiX COFI | Ethereum | 3.95% | -4.79% | $ 18.945K | 0 BTC | 11 ETH | |
| 259 |
Stacker Ventures STACK | Ethereum | 3.93% | -4.77% | $ 2.580K | 0 BTC | 2 ETH | |
| 268 |
FutureSwap FST | Ethereum | 3.83% | -2.21% | $ 9 | 0 BTC | 0 ETH | |
| 11 |
Venus XVS | Binance | 3.73% | 1.99% | $ 1.063B | 16.725K BTC | 635.418K ETH | |
| 22 |
Lightning Network | Bitcoin | 3.67% | 0.22% | $ 309.333M | 4.869K BTC | 184.981K ETH | |
| 197 |
DEXTF Protocol DEXTF | Ethereum | 3.57% | -0.69% | $ 87.965K | 1 BTC | 53 ETH | |
| 231 |
zLot zLot | Ethereum | 3.53% | -5.11% | $ 23.649K | 0 BTC | 14 ETH | |
| 111 |
UMA Protocol UMA | Ethereum | 3.49% | -1.45% | $ 1.064M | 17 BTC | 636 ETH | |
| 63 |
Set Protocol | Ethereum | 3.46% | -5.83% | $ 9.094M | 143 BTC | 5.438K ETH | |
| 176 |
Lien LIEN | Ethereum | 3.43% | -5.08% | $ 141.533K | 2 BTC | 85 ETH | |
| 179 |
JetFuel Finance FUEL | Multi-Chain | 3.43% | -0.29% | $ 134.147K | 2 BTC | 80 ETH | |
| 23 |
Orca | Solana | 3.42% | 3.26% | $ 241.839M | 3.806K BTC | 144.620K ETH | |
| 190 |
imToken imBTC | Ethereum | 3.41% | 0.14% | $ 107.526K | 2 BTC | 64 ETH | |
| 69 |
Badger DAO BADGER | Ethereum | 3.36% | -1.15% | $ 7.883M | 124 BTC | 4.714K ETH | |
| 85 |
Stafi FIS | Ethereum | 3.28% | -5.16% | $ 3.190M | 50 BTC | 1.908K ETH | |
| 224 |
Fluity FLTY | Binance | 3.26% | 0.13% | $ 30.164K | 0 BTC | 18 ETH | |
| 1 |
Lido LDO | Multi-Chain | 3.25% | -4.92% | $ 14.925B | 234.911K BTC | 8.925M ETH | |
| 96 |
Reflexer RAI | Ethereum | 3.24% | -5.39% | $ 1.853M | 29 BTC | 1.108K ETH | |
| 26 |
Liquity LQTY | Ethereum | 3.24% | -5.96% | $ 124.887M | 1.966K BTC | 74.683K ETH | |
| 144 |
Unicly UNIC | Ethereum | 3.24% | -5.24% | $ 376.072K | 6 BTC | 225 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.
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