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
$ 222.235B
Change (24h)
2.96%
AAVE Dominance
8.24 %

Historical Chart TVL in DeFi

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

AAVE

AAVE

Multi-Chain 2.34% 16.26% $ 18.304B 290.945K BTC 4.347M ETH
2 Curve

Curve

CRV

Multi-Chain 2.08% 6.50% $ 17.181B 273.097K BTC 4.080M ETH
3 MakerDAO

MakerDAO

MKR

Ethereum 3.06% 12.36% $ 16.884B 268.368K BTC 4.010M ETH
4 WBTC

WBTC

WBTC

Ethereum 4.44% 6.00% $ 14.170B 225.230K BTC 3.365M ETH
5 Convex Finance

Convex Finance

CVX

Ethereum 5.12% 16.18% $ 12.431B 197.587K BTC 2.952M ETH
6 InstaDApp

InstaDApp

INST

Ethereum 0.00% 0.96% $ 12.168B 193.406K BTC 2.890M ETH
7 Compound

Compound

COMP

Ethereum 3.73% 4.67% $ 11.842B 188.221K BTC 2.812M ETH
8 Lido

Lido

LDO

Multi-Chain 3.60% 17.08% $ 9.192B 146.113K BTC 2.183M ETH
9 Yearn Finance

Yearn Finance

YFI

Ethereum 0.23% 8.99% $ 5.910B 93.946K BTC 1.404M ETH
10 PancakeSwap

PancakeSwap

CAKE

Binance 1.50% 11.04% $ 5.748B 91.365K BTC 1.365M ETH
11 SushiSwap

SushiSwap

SUSHI

Multi-Chain 3.65% 8.95% $ 5.064B 80.492K BTC 1.203M ETH
12 Uniswap

Uniswap

UNI

Ethereum 3.07% 8.24% $ 4.839B 76.910K BTC 1.149M ETH
13 AnySwap

AnySwap

ANY

Multi-Chain 3.69% -14.06% $ 4.452B 70.756K BTC 1.057M ETH
14 Anchor

Anchor

ANC

Terra 2.98% 14.69% $ 4.016B 63.831K BTC 953.659K ETH
15 Abracadabra

Abracadabra

SPELL

Ethereum 6.76% 30.25% $ 3.512B 55.829K BTC 834.102K ETH
16 Uniswap v3

Uniswap v3

UNI

Ethereum 2.07% 8.88% $ 3.474B 55.227K BTC 825.111K ETH
17 Venus

Venus

XVS

Binance 0.19% -1.78% $ 2.597B 41.283K BTC 616.788K ETH
18 hBTC

hBTC

hBTC

Ethereum 4.44% 3.12% $ 2.549B 40.521K BTC 605.391K ETH
19 MDEX

MDEX

MDX

Multi-Chain 1.19% -1.92% $ 2.169B 34.476K BTC 515.078K ETH
20 Liquity

Liquity

LQTY

Ethereum 1.68% 5.74% $ 2.140B 34.008K BTC 508.092K ETH
21 Saber

Saber

SBR

Solana 3.97% 18.61% $ 2.072B 32.932K BTC 492.011K ETH
22 Raydium

Raydium

RAY

Solana 3.99% 21.02% $ 1.950B 30.990K BTC 462.999K ETH
23 Synthetix

Synthetix

SNX

Ethereum 3.37% 5.45% $ 1.917B 30.471K BTC 455.255K ETH
24 Tranchess

Tranchess

CHESS

Binance 4.55% 6.96% $ 1.818B 28.903K BTC 431.814K ETH
25 Sunny

Sunny

SUNNY

Solana 4.15% 19.81% $ 1.759B 27.952K BTC 417.611K ETH
26 RenVM

RenVM

REN

Multi-Chain 4.72% 8.97% $ 1.725B 27.414K BTC 409.582K ETH
27 Serum

Serum

SRM

Solana 2.13% -1.98% $ 1.714B 27.246K BTC 407.069K ETH
28 CREAM Finance

CREAM Finance

CREAM

Multi-Chain 2.46% 11.93% $ 1.714B 27.246K BTC 407.062K ETH
29 Bancor

Bancor

BNT

Ethereum 5.66% 11.55% $ 1.681B 26.720K BTC 399.206K ETH
30 Balancer

Balancer

BAL

Ethereum 0.28% 1.38% $ 1.591B 25.296K BTC 377.925K ETH
31 Neutrino

Neutrino

NSBT

Waves 0.20% 0.86% $ 1.565B 24.877K BTC 371.667K ETH
32 Alpaca Finance

Alpaca Finance

ALPACA

Binance 2.30% 17.75% $ 1.560B 24.794K BTC 370.436K ETH
33 Mirror

Mirror

MIR

Multi-Chain -0.53% -1.20% $ 1.515B 24.085K BTC 359.839K ETH
34 Flexa

Flexa

AMP

Ethereum 0.88% 1.02% $ 1.379B 21.911K BTC 327.365K ETH
35 Alchemix

Alchemix

ALCX

Ethereum 4.60% 14.12% $ 1.370B 21.775K BTC 325.330K ETH
36 Sablier Finance

Sablier Finance

Ethereum 6.47% 27.45% $ 1.369B 21.760K BTC 325.103K ETH
37 Beefy Finance

Beefy Finance

BIFI

Multi-Chain 4.22% 11.87% $ 1.218B 19.352K BTC 289.127K ETH
38 Belt Finance

Belt Finance

BELT

Binance -1.84% -4.09% $ 1.185B 18.828K BTC 281.303K ETH
39 Tornado Cash

Tornado Cash

TORN

Ethereum 2.92% 7.96% $ 1.147B 18.235K BTC 272.439K ETH
40 Rari Capital

Rari Capital

RGT

Ethereum 7.13% 43.29% $ 1.094B 17.384K BTC 259.729K ETH
41 dYdX

dYdX

Ethereum -2.09% 10.71% $ 1.045B 16.606K BTC 248.101K ETH
42 KlaySwap

KlaySwap

KSP

Klaytn 3.69% -3.62% $ 1.017B 16.165K BTC 241.508K ETH
43 Orca

Orca

Solana 7.25% -4.46% $ 1.004B 15.952K BTC 238.336K ETH
44 TrueFi

TrueFi

TRU

Ethereum 1.86% 0.32% $ 984.021M 15.641K BTC 233.682K ETH
45 DefiSaver

DefiSaver

Ethereum 5.22% 12.09% $ 964.014M 15.323K BTC 228.930K ETH
46 Stacks

Stacks

STX

Stacks 0.90% 0.43% $ 956.019M 15.196K BTC 227.032K ETH
47 Badger DAO

Badger DAO

BADGER

Ethereum 5.09% 6.95% $ 939.061M 14.926K BTC 223.005K ETH
48 Alpha Finance

Alpha Finance

ALPHA

Multi-Chain 1.55% 1.43% $ 922.754M 14.667K BTC 219.132K ETH
49 SolFarm

SolFarm

TULIP

Solana 2.32% 30.29% $ 906.338M 14.406K BTC 215.234K ETH
50 DefiChain

DefiChain

DFI

DefiChain 3.20% -3.35% $ 859.174M 13.657K BTC 204.033K 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.