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
$ 131.428B
Change (24h)
-0.58%
AAVE Dominance
9.61 %

Historical Chart TVL in DeFi

# Nome Chain 1d Change 7d Change Audited TVL TVL in BTC TVL in ETH
1 AAVE

AAVE

AAVE

Multi-Chain -3.76% 4.96% $ 12.635B 331.771K BTC 5.129M ETH
2 Curve

Curve

CRV

Multi-Chain -0.58% 3.95% $ 9.716B 255.117K BTC 3.944M ETH
3 InstaDApp

InstaDApp

INST

Ethereum -0.66% 8.33% $ 9.096B 238.836K BTC 3.692M ETH
4 Compound

Compound

COMP

Ethereum 0.19% 8.97% $ 8.964B 235.380K BTC 3.639M ETH
5 PancakeSwap

PancakeSwap

CAKE

Binance -0.56% 4.38% $ 8.172B 214.595K BTC 3.317M ETH
6 WBTC

WBTC

WBTC

Ethereum -0.89% 5.66% $ 7.583B 199.109K BTC 3.078M ETH
7 MakerDAO

MakerDAO

MKR

Ethereum -0.90% 15.06% $ 7.559B 198.477K BTC 3.068M ETH
8 Convex Finance

Convex Finance

CVX

Ethereum 0.05% 3.58% $ 4.508B 118.373K BTC 1.830M ETH
9 Uniswap

Uniswap

UNI

Ethereum -4.21% 6.78% $ 3.867B 101.534K BTC 1.570M ETH
10 Yearn Finance

Yearn Finance

YFI

Ethereum 0.44% 2.71% $ 3.804B 99.900K BTC 1.544M ETH
11 SushiSwap

SushiSwap

SUSHI

Multi-Chain -1.36% 11.57% $ 3.218B 84.512K BTC 1.306M ETH
12 Lido

Lido

LDO

Multi-Chain 2.08% 27.74% $ 2.750B 72.208K BTC 1.116M ETH
13 MDEX

MDEX

MDX

Multi-Chain -0.64% 166.97% $ 2.202B 57.812K BTC 893.673K ETH
14 Uniswap v3

Uniswap v3

UNI

Ethereum 4.21% 14.59% $ 2.054B 53.939K BTC 833.798K ETH
15 Liquity

Liquity

LQTY

Ethereum 0.82% 17.54% $ 1.990B 52.261K BTC 807.865K ETH
16 Venus

Venus

XVS

Binance 1.33% 12.36% $ 1.963B 51.558K BTC 796.993K ETH
17 Mirror

Mirror

MIR

Multi-Chain -0.18% -0.94% $ 1.672B 43.893K BTC 678.515K ETH
18 Synthetix

Synthetix

SNX

Ethereum 0.31% 9.17% $ 1.627B 42.715K BTC 660.297K ETH
19 hBTC

hBTC

hBTC

Ethereum -0.89% 5.99% $ 1.572B 41.282K BTC 638.147K ETH
20 Flexa

Flexa

AMP

Ethereum -1.62% 0.26% $ 1.540B 40.445K BTC 625.212K ETH
21 Balancer

Balancer

BAL

Ethereum -0.88% 2.64% $ 1.515B 39.794K BTC 615.151K ETH
22 Alpaca Finance

Alpaca Finance

ALPACA

Binance -2.29% 10.74% $ 1.454B 38.178K BTC 590.157K ETH
23 Bancor

Bancor

BNT

Ethereum 0.10% 12.24% $ 1.387B 36.420K BTC 562.981K ETH
24 Anchor

Anchor

ANC

Terra 2.94% 23.15% $ 1.371B 35.996K BTC 556.441K ETH
25 CREAM Finance

CREAM Finance

CREAM

Multi-Chain 0.00% 5.85% $ 1.231B 32.313K BTC 499.499K ETH
26 Ellipsis Finance

Ellipsis Finance

EPS

Binance 0.01% -1.22% $ 1.215B 31.903K BTC 493.161K ETH
27 Belt Finance

Belt Finance

BELT

Binance -3.35% 63.26% $ 1.206B 31.680K BTC 489.715K ETH
28 Quickswap

Quickswap

QUICK

Polygon -0.92% 18.53% $ 1.123B 29.477K BTC 455.661K ETH
29 Alpha Finance

Alpha Finance

ALPHA

Multi-Chain 5.32% 4.68% $ 1.090B 28.618K BTC 442.387K ETH
30 Autofarm

Autofarm

AUTO

Multi-Chain -6.56% 9.35% $ 793.981M 20.849K BTC 322.282K ETH
31 Bunny

Bunny

BUNNY

Binance 0.08% 5.72% $ 751.261M 19.727K BTC 304.942K ETH
32 O3 Swap

O3 Swap

O3

PolyNetwork -0.64% 21.29% $ 726.338M 19.072K BTC 294.826K ETH
33 RenVM

RenVM

REN

Multi-Chain -0.71% 12.51% $ 623.633M 16.376K BTC 253.137K ETH
34 Alchemix

Alchemix

ALCX

Ethereum 1.50% -35.11% $ 606.426M 15.924K BTC 246.153K ETH
35 Raydium

Raydium

RAY

Solana -0.15% 3.09% $ 582.971M 15.308K BTC 236.632K ETH
36 Sablier Finance

Sablier Finance

Ethereum -0.10% 1.66% $ 571.592M 15.009K BTC 232.013K ETH
37 Badger DAO

Badger DAO

BADGER

Ethereum -0.82% 6.13% $ 558.142M 14.656K BTC 226.554K ETH
38 Iron Finance

Iron Finance

IRON

Multi-Chain -3.91% -27.20% $ 541.728M 14.225K BTC 219.891K ETH
39 Beefy Finance

Beefy Finance

BIFI

Multi-Chain 2.07% 12.84% $ 539.198M 14.158K BTC 218.864K ETH
40 Tornado Cash

Tornado Cash

TORN

Ethereum 1.34% 18.79% $ 514.039M 13.498K BTC 208.652K ETH
41 BXH

BXH

BXH

Heco -6.52% 153.60% $ 487.122M 12.791K BTC 197.726K ETH
42 Armor

Armor

ARMOR

Ethereum 0.95% 18.73% $ 468.036M 12.290K BTC 189.979K ETH
43 DefiSaver

DefiSaver

Ethereum 1.18% 32.84% $ 464.703M 12.202K BTC 188.626K ETH
44 Wault

Wault

WEX

Binance 1.86% 25.03% $ 459.608M 12.069K BTC 186.558K ETH
45 Vesper

Vesper

VSP

Ethereum 0.33% 10.31% $ 443.113M 11.635K BTC 179.863K ETH
46 Kyber

Kyber

KNC

Ethereum 1.83% 8.41% $ 441.923M 11.604K BTC 179.379K ETH
47 Nexus Mutual

Nexus Mutual

NXM

Ethereum 0.84% 19.61% $ 419.946M 11.027K BTC 170.459K ETH
48 Harvest Finance

Harvest Finance

FARM

Ethereum -0.54% 18.86% $ 418.621M 10.992K BTC 169.921K ETH
49 Stacks

Stacks

STX

Stacks 2.46% -7.24% $ 412.215M 10.824K BTC 167.321K ETH
50 ShibaSwap

ShibaSwap

BONE

Ethereum -1.05% -18.30% $ 392.048M 10.295K BTC 159.135K 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.