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 | 0.21% | 0.25% | $ 17.940B | 278.943K BTC | 9.451M ETH | |
| 2 |
AAVE AAVE | Multi-Chain | 0.00% | 0.00% | $ 8.155B | 126.792K BTC | 4.296M ETH | |
| 3 |
WBTC WBTC | Ethereum | -0.38% | -0.10% | $ 7.333B | 114.018K BTC | 3.863M ETH | |
| 4 |
Curve CRV | Multi-Chain | 0.00% | 0.00% | $ 7.105B | 110.469K BTC | 3.743M ETH | |
| 5 |
MakerDAO MKR | Ethereum | -0.17% | 0.15% | $ 5.653B | 87.889K BTC | 2.978M ETH | |
| 6 |
PancakeSwap CAKE | Binance | 0.00% | 0.00% | $ 3.782B | 58.805K BTC | 1.992M ETH | |
| 7 |
InstaDApp INST | Ethereum | 0.00% | 0.00% | $ 2.481B | 38.575K BTC | 1.307M ETH | |
| 8 |
DefiChain DFI | DefiChain | 0.00% | 0.00% | $ 2.209B | 34.347K BTC | 1.164M ETH | |
| 9 |
Uniswap UNI | Ethereum | 0.00% | 0.00% | $ 1.602B | 24.912K BTC | 844.066K ETH | |
| 10 |
Pendle PENDLE | Ethereum | -2.07% | -2.08% | $ 1.171B | 18.213K BTC | 617.100K ETH | |
| 11 |
Venus XVS | Binance | -0.22% | 1.06% | $ 1.059B | 16.466K BTC | 557.902K ETH | |
| 12 |
Raydium RAY | Solana | -1.31% | -2.69% | $ 806.407M | 12.538K BTC | 424.821K ETH | |
| 13 |
Balancer BAL | Ethereum | 0.00% | 0.00% | $ 802.980M | 12.485K BTC | 423.015K ETH | |
| 14 |
SushiSwap SUSHI | Multi-Chain | 0.00% | 0.00% | $ 789.729M | 12.279K BTC | 416.035K ETH | |
| 15 |
StakeWise SWISE | Ethereum | -0.08% | -1.78% | $ 707.285M | 10.997K BTC | 372.603K ETH | |
| 16 |
MDEX MDX | Multi-Chain | 0.00% | 0.00% | $ 668.604M | 10.396K BTC | 352.225K ETH | |
| 17 |
Tornado Cash TORN | Ethereum | 0.30% | 0.16% | $ 579.985M | 9.018K BTC | 305.540K ETH | |
| 18 |
BiSwap BSW | Binance | 0.00% | 0.00% | $ 508.456M | 7.906K BTC | 267.858K ETH | |
| 19 |
Convex Finance CVX | Ethereum | 1.34% | -0.01% | $ 467.250M | 7.265K BTC | 246.150K ETH | |
| 20 |
DefiSaver | Ethereum | 0.00% | 0.00% | $ 439.164M | 6.828K BTC | 231.354K ETH | |
| 21 |
Quickswap QUICK | Polygon | 0.00% | 0.00% | $ 401.680M | 6.246K BTC | 211.608K ETH | |
| 22 |
Lightning Network | Bitcoin | -0.14% | -5.43% | $ 270.427M | 4.205K BTC | 142.463K ETH | |
| 23 |
xDAI Stake STAKE | Multi-Chain | 0.09% | -0.99% | $ 243.934M | 3.793K BTC | 128.506K ETH | |
| 24 |
Orca | Solana | -0.38% | 3.51% | $ 242.891M | 3.777K BTC | 127.957K ETH | |
| 25 |
Yearn Finance YFI | Ethereum | -0.14% | -2.26% | $ 176.385M | 2.743K BTC | 92.921K ETH | |
| 26 |
Liquity LQTY | Ethereum | 0.10% | 1.04% | $ 141.339M | 2.198K BTC | 74.458K ETH | |
| 27 |
Fantom FTM | Fantom | 0.00% | 0.00% | $ 117.141M | 1.821K BTC | 61.710K ETH | |
| 28 |
StakeDAO SDT | Ethereum | 4.45% | 2.77% | $ 108.904M | 1.693K BTC | 57.371K ETH | |
| 29 |
Beefy Finance BIFI | Multi-Chain | -0.95% | -4.21% | $ 102.718M | 1.597K BTC | 54.112K ETH | |
| 30 |
Compound COMP | Ethereum | -0.13% | -0.26% | $ 90.100M | 1.401K BTC | 47.465K ETH | |
| 31 |
Nexus Mutual NXM | Ethereum | 0.11% | -0.40% | $ 87.276M | 1.357K BTC | 45.977K ETH | |
| 32 |
Enzyme Finance MLN | Ethereum | -0.22% | -1.28% | $ 84.279M | 1.310K BTC | 44.399K ETH | |
| 33 |
Belt Finance BELT | Binance | 0.00% | 0.00% | $ 74.967M | 1.166K BTC | 39.493K ETH | |
| 34 |
Alpha Finance ALPHA | Multi-Chain | 0.00% | 0.00% | $ 71.578M | 1.113K BTC | 37.708K ETH | |
| 35 |
ApeSwap BANANA | Multi-Chain | 0.00% | 0.00% | $ 61.966M | 963 BTC | 32.644K ETH | |
| 36 |
Vesper VSP | Ethereum | -0.57% | -8.24% | $ 60.230M | 936 BTC | 31.730K ETH | |
| 37 |
Pangolin PNG | Avalanche | 0.00% | 0.00% | $ 60.172M | 936 BTC | 31.699K ETH | |
| 38 |
Parrot Protocol PAI | Solana | 0.00% | 0.00% | $ 51.758M | 805 BTC | 27.267K ETH | |
| 39 |
Secret Bridge | Secret | 0.00% | 0.00% | $ 44.881M | 698 BTC | 23.644K ETH | |
| 40 |
Frax FXS | Ethereum | 0.05% | -4.95% | $ 42.366M | 659 BTC | 22.319K ETH | |
| 41 |
Snowball SNOB | Avalanche | 0.00% | 0.00% | $ 40.207M | 625 BTC | 21.182K ETH | |
| 42 |
Fuse FUSE | Ethereum | 0.00% | 0.00% | $ 38.342M | 596 BTC | 20.199K ETH | |
| 43 |
dYdX | Ethereum | 0.01% | -0.04% | $ 37.849M | 588 BTC | 19.939K ETH | |
| 44 |
AnySwap ANY | Multi-Chain | -0.15% | -0.15% | $ 37.622M | 585 BTC | 19.819K ETH | |
| 45 |
Mercurial Finance MER | Solana | -0.89% | -1.16% | $ 36.409M | 566 BTC | 19.180K ETH | |
| 46 |
Alpaca Finance ALPACA | Binance | 0.43% | 1.74% | $ 30.284M | 471 BTC | 15.954K ETH | |
| 47 |
Connext | Multi-Chain | -0.40% | -0.32% | $ 23.458M | 365 BTC | 12.358K ETH | |
| 48 |
Ankr ANKR | Ethereum | 1.27% | -0.06% | $ 20.602M | 320 BTC | 10.853K ETH | |
| 49 |
dHEDGE DHT | Ethereum | -0.38% | -0.57% | $ 20.412M | 317 BTC | 10.753K ETH | |
| 50 |
MoneyOnChain MOC | RSK | -0.52% | -1.02% | $ 18.438M | 287 BTC | 9.713K 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.