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 | -0.83% | 7.27% | $ 22.060B | 292.037K BTC | 6.019M ETH | |
| 2 |
WBTC WBTC | Ethereum | -0.05% | 4.63% | $ 8.751B | 115.844K BTC | 2.387M ETH | |
| 3 |
AAVE AAVE | Multi-Chain | 0.00% | 0.00% | $ 8.155B | 107.954K BTC | 2.225M ETH | |
| 4 |
Curve CRV | Multi-Chain | 0.00% | 0.00% | $ 7.105B | 94.056K BTC | 1.938M ETH | |
| 5 |
MakerDAO MKR | Ethereum | -0.34% | -3.95% | $ 5.990B | 79.292K BTC | 1.634M ETH | |
| 6 |
PancakeSwap CAKE | Binance | 0.00% | 0.00% | $ 3.782B | 50.068K BTC | 1.032M ETH | |
| 7 |
InstaDApp INST | Ethereum | 0.00% | 0.00% | $ 2.481B | 32.844K BTC | 676.891K ETH | |
| 8 |
DefiChain DFI | DefiChain | 0.00% | 0.00% | $ 2.209B | 29.244K BTC | 602.693K ETH | |
| 9 |
Pendle PENDLE | Ethereum | -1.50% | -1.10% | $ 1.743B | 23.076K BTC | 475.575K ETH | |
| 10 |
Uniswap UNI | Ethereum | 0.00% | 0.00% | $ 1.602B | 21.211K BTC | 437.141K ETH | |
| 11 |
Venus XVS | Binance | 0.02% | 3.44% | $ 1.210B | 16.017K BTC | 330.107K ETH | |
| 12 |
Raydium RAY | Solana | 3.08% | 4.86% | $ 1.036B | 13.711K BTC | 282.575K ETH | |
| 13 |
StakeWise SWISE | Ethereum | -1.72% | 1.11% | $ 950.313M | 12.581K BTC | 259.276K ETH | |
| 14 |
Balancer BAL | Ethereum | 0.00% | 0.00% | $ 802.980M | 10.630K BTC | 219.079K ETH | |
| 15 |
SushiSwap SUSHI | Multi-Chain | 0.00% | 0.00% | $ 789.729M | 10.455K BTC | 215.464K ETH | |
| 16 |
MDEX MDX | Multi-Chain | 0.00% | 0.00% | $ 668.604M | 8.851K BTC | 182.417K ETH | |
| 17 |
Convex Finance CVX | Ethereum | -0.71% | 0.23% | $ 630.594M | 8.348K BTC | 172.047K ETH | |
| 18 |
Tornado Cash TORN | Ethereum | -0.96% | 4.89% | $ 571.218M | 7.562K BTC | 155.847K ETH | |
| 19 |
BiSwap BSW | Binance | 0.00% | 0.00% | $ 508.456M | 6.731K BTC | 138.723K ETH | |
| 20 |
DefiSaver | Ethereum | 0.00% | 0.00% | $ 439.164M | 5.814K BTC | 119.818K ETH | |
| 21 |
Quickswap QUICK | Polygon | 0.00% | 0.00% | $ 401.680M | 5.318K BTC | 109.591K ETH | |
| 22 |
Lightning Network | Bitcoin | -0.68% | 3.27% | $ 362.033M | 4.793K BTC | 98.775K ETH | |
| 23 |
xDAI Stake STAKE | Multi-Chain | 0.68% | 0.70% | $ 286.728M | 3.796K BTC | 78.229K ETH | |
| 24 |
Orca | Solana | 2.77% | 12.28% | $ 271.126M | 3.589K BTC | 73.972K ETH | |
| 25 |
Connext | Multi-Chain | -0.94% | 3.39% | $ 222.555M | 2.946K BTC | 60.720K ETH | |
| 26 |
Yearn Finance YFI | Ethereum | 2.83% | 3.61% | $ 204.769M | 2.711K BTC | 55.868K ETH | |
| 27 |
Liquity LQTY | Ethereum | -0.81% | 6.94% | $ 177.982M | 2.356K BTC | 48.559K ETH | |
| 28 |
StakeDAO SDT | Ethereum | -1.14% | -1.02% | $ 176.351M | 2.335K BTC | 48.114K ETH | |
| 29 |
Compound COMP | Ethereum | 0.06% | 4.26% | $ 145.724M | 1.929K BTC | 39.758K ETH | |
| 30 |
Beefy Finance BIFI | Multi-Chain | 0.10% | 2.39% | $ 143.244M | 1.896K BTC | 39.082K ETH | |
| 31 |
Fantom FTM | Fantom | 0.00% | 0.00% | $ 117.141M | 1.551K BTC | 31.960K ETH | |
| 32 |
Nexus Mutual NXM | Ethereum | -0.82% | 6.00% | $ 110.064M | 1.457K BTC | 30.029K ETH | |
| 33 |
Enzyme Finance MLN | Ethereum | 0.54% | 7.41% | $ 88.279M | 1.169K BTC | 24.085K ETH | |
| 34 |
Belt Finance BELT | Binance | 0.00% | 0.00% | $ 74.967M | 992 BTC | 20.453K ETH | |
| 35 |
Alpha Finance ALPHA | Multi-Chain | 0.00% | 0.00% | $ 71.578M | 948 BTC | 19.529K ETH | |
| 36 |
Frax FXS | Ethereum | 0.13% | 0.40% | $ 70.563M | 934 BTC | 19.252K ETH | |
| 37 |
ApeSwap BANANA | Multi-Chain | 0.00% | 0.00% | $ 61.966M | 820 BTC | 16.906K ETH | |
| 38 |
Pangolin PNG | Avalanche | 0.00% | 0.00% | $ 60.172M | 797 BTC | 16.417K ETH | |
| 39 |
Kava KAVA | Kava | -1.89% | 4.16% | $ 53.174M | 704 BTC | 14.508K ETH | |
| 40 |
Parrot Protocol PAI | Solana | 0.00% | 0.00% | $ 51.758M | 685 BTC | 14.121K ETH | |
| 41 |
AnySwap ANY | Multi-Chain | 0.22% | 3.97% | $ 46.016M | 609 BTC | 12.555K ETH | |
| 42 |
Vesper VSP | Ethereum | -0.40% | 4.88% | $ 45.743M | 606 BTC | 12.480K ETH | |
| 43 |
Secret Bridge | Secret | 0.00% | 0.00% | $ 44.881M | 594 BTC | 12.245K ETH | |
| 44 |
MoneyOnChain MOC | RSK | 0.01% | 4.79% | $ 43.179M | 572 BTC | 11.781K ETH | |
| 45 |
Snowball SNOB | Avalanche | 0.00% | 0.00% | $ 40.207M | 532 BTC | 10.970K ETH | |
| 46 |
dYdX | Ethereum | -0.11% | 0.61% | $ 39.860M | 528 BTC | 10.875K ETH | |
| 47 |
Fuse FUSE | Ethereum | 0.00% | 0.00% | $ 38.342M | 508 BTC | 10.461K ETH | |
| 48 |
Alpaca Finance ALPACA | Binance | 0.28% | 3.32% | $ 30.779M | 407 BTC | 8.398K ETH | |
| 49 |
Ankr ANKR | Ethereum | -0.12% | 7.42% | $ 24.767M | 328 BTC | 6.757K ETH | |
| 50 |
Mercurial Finance MER | Solana | 1.99% | -0.91% | $ 22.837M | 302 BTC | 6.231K 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.