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
$ 67.142B
Change (24h)
-0.19%
AAVE Dominance
12.15 %

Historical Chart TVL in DeFi

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

AAVE

AAVE

Multi-Chain 0.00% 0.00% $ 8.155B 426.087K BTC 6.126M ETH
2 MakerDAO

MakerDAO

MKR

Ethereum 0.16% -2.63% $ 7.305B 381.709K BTC 5.488M ETH
3 Curve

Curve

CRV

Multi-Chain 0.00% 0.00% $ 7.105B 371.232K BTC 5.337M ETH
4 Lido

Lido

LDO

Multi-Chain 0.33% -6.32% $ 5.989B 312.956K BTC 4.499M ETH
5 WBTC

WBTC

WBTC

Ethereum 0.30% -5.41% $ 4.683B 244.688K BTC 3.518M ETH
6 Convex Finance

Convex Finance

CVX

Ethereum 0.21% 3.17% $ 3.964B 207.134K BTC 2.978M ETH
7 PancakeSwap

PancakeSwap

CAKE

Binance 0.00% 0.00% $ 3.782B 197.615K BTC 2.841M ETH
8 InstaDApp

InstaDApp

INST

Ethereum 0.00% 0.00% $ 2.481B 129.633K BTC 1.864M ETH
9 DefiChain

DefiChain

DFI

DefiChain 0.00% 0.00% $ 2.209B 115.423K BTC 1.659M ETH
10 Compound

Compound

COMP

Ethereum -0.77% 3.54% $ 2.170B 113.377K BTC 1.630M ETH
11 AnySwap

AnySwap

ANY

Multi-Chain -0.04% -1.31% $ 1.659B 86.707K BTC 1.247M ETH
12 Uniswap

Uniswap

UNI

Ethereum 0.00% 0.00% $ 1.602B 83.718K BTC 1.204M ETH
13 Frax

Frax

FXS

Ethereum 0.00% -6.33% $ 1.135B 59.321K BTC 852.859K ETH
14 Balancer

Balancer

BAL

Ethereum 0.00% 0.00% $ 802.980M 41.956K BTC 603.212K ETH
15 SushiSwap

SushiSwap

SUSHI

Multi-Chain 0.00% 0.00% $ 789.729M 41.264K BTC 593.258K ETH
16 MDEX

MDEX

MDX

Multi-Chain 0.00% 0.00% $ 668.604M 34.935K BTC 502.266K ETH
17 Venus

Venus

XVS

Binance -0.06% -0.46% $ 636.022M 33.233K BTC 477.791K ETH
18 BiSwap

BiSwap

BSW

Binance 0.00% 0.00% $ 508.456M 26.567K BTC 381.960K ETH
19 Alpaca Finance

Alpaca Finance

ALPACA

Binance 0.42% -3.15% $ 499.640M 26.107K BTC 375.338K ETH
20 DefiSaver

DefiSaver

Ethereum 0.00% 0.00% $ 439.164M 22.947K BTC 329.907K ETH
21 Yearn Finance

Yearn Finance

YFI

Ethereum -0.05% -6.00% $ 438.823M 22.929K BTC 329.651K ETH
22 Gambit Protocol

Gambit Protocol

GMT

Binance 0.46% 6.28% $ 432.509M 22.599K BTC 324.908K ETH
23 Liquity

Liquity

LQTY

Ethereum 0.23% -2.46% $ 420.127M 21.952K BTC 315.606K ETH
24 dYdX

dYdX

Ethereum -0.23% -10.97% $ 418.207M 21.852K BTC 314.164K ETH
25 Synthetix

Synthetix

SNX

Ethereum -0.44% -4.52% $ 413.528M 21.607K BTC 310.649K ETH
26 Quickswap

Quickswap

QUICK

Polygon 0.00% 0.00% $ 401.680M 20.988K BTC 301.749K ETH
27 Abracadabra

Abracadabra

SPELL

Ethereum 0.10% -10.89% $ 377.495M 19.724K BTC 283.581K ETH
28 hBTC

hBTC

hBTC

Ethereum -0.02% -4.51% $ 363.502M 18.993K BTC 273.069K ETH
29 Sablier Finance

Sablier Finance

Ethereum -23.40% 284.94% $ 361.239M 18.875K BTC 271.369K ETH
30 xDAI Stake

xDAI Stake

STAKE

Multi-Chain -0.09% -0.43% $ 290.831M 15.196K BTC 218.477K ETH
31 Beefy Finance

Beefy Finance

BIFI

Multi-Chain -0.59% -3.33% $ 287.762M 15.036K BTC 216.172K ETH
32 Olympus DAO

Olympus DAO

OHM

Ethereum 0.03% -4.55% $ 243.616M 12.729K BTC 183.008K ETH
33 Osmosis

Osmosis

OSMO

Osmosis -0.76% -11.52% $ 224.251M 11.717K BTC 168.461K ETH
34 Armor

Armor

ARMOR

Ethereum 0.27% -7.28% $ 192.997M 10.084K BTC 144.983K ETH
35 Nexus Mutual

Nexus Mutual

NXM

Ethereum 0.28% -7.24% $ 183.820M 9.605K BTC 138.089K ETH
36 KlaySwap

KlaySwap

KSP

Klaytn 0.02% 1.50% $ 179.457M 9.377K BTC 134.811K ETH
37 Stacks

Stacks

STX

Stacks -0.76% -5.01% $ 177.741M 9.287K BTC 133.522K ETH
38 Tornado Cash

Tornado Cash

TORN

Ethereum 0.15% -4.70% $ 167.473M 8.751K BTC 125.809K ETH
39 Ankr

Ankr

ANKR

Ethereum -0.19% 28.73% $ 164.486M 8.595K BTC 123.564K ETH
40 Raydium

Raydium

RAY

Solana -0.70% -1.92% $ 159.542M 8.336K BTC 119.850K ETH
41 Kava

Kava

KAVA

Kava 0.55% 4.14% $ 146.049M 7.631K BTC 109.715K ETH
42 Loopring

Loopring

LRC

Ethereum -1.63% -7.05% $ 137.584M 7.189K BTC 103.355K ETH
43 Hard Protocol

Hard Protocol

HARD

Kava 0.72% 4.33% $ 118.962M 6.216K BTC 89.366K ETH
44 Fantom

Fantom

FTM

Fantom 0.00% 0.00% $ 117.141M 6.121K BTC 87.998K ETH
45 SolFarm

SolFarm

TULIP

Solana -0.75% -4.46% $ 115.344M 6.027K BTC 86.648K ETH
46 Mango Markets

Mango Markets

Solana -0.88% -2.71% $ 110.967M 5.798K BTC 83.360K ETH
47 SpookySwap

SpookySwap

BOO

Fantom -0.21% -3.90% $ 109.567M 5.725K BTC 82.309K ETH
48 Flexa

Flexa

AMP

Ethereum -0.57% -8.16% $ 106.807M 5.581K BTC 80.235K ETH
49 StakeWise

StakeWise

SWISE

Ethereum 0.30% -7.36% $ 105.980M 5.538K BTC 79.614K ETH
50 RenVM

RenVM

REN

Multi-Chain 2.04% -23.65% $ 102.414M 5.351K BTC 76.935K 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.