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

#	Nome	Chain	1d Change	7d Change	TVL	TVL in BTC	TVL in ETH
1	AAVE AAVE	Multi-Chain	2.34%	16.26%	$ 18.304B	290.945K BTC	4.347M ETH
2	Curve CRV	Multi-Chain	2.08%	6.50%	$ 17.181B	273.097K BTC	4.080M ETH
3	MakerDAO MKR	Ethereum	3.06%	12.36%	$ 16.884B	268.368K BTC	4.010M ETH
4	WBTC WBTC	Ethereum	4.44%	6.00%	$ 14.170B	225.230K BTC	3.365M ETH
5	Convex Finance CVX	Ethereum	5.12%	16.18%	$ 12.431B	197.587K BTC	2.952M ETH
6	InstaDApp INST	Ethereum	0.00%	0.96%	$ 12.168B	193.406K BTC	2.890M ETH
7	Compound COMP	Ethereum	3.73%	4.67%	$ 11.842B	188.221K BTC	2.812M ETH
8	Lido LDO	Multi-Chain	3.60%	17.08%	$ 9.192B	146.113K BTC	2.183M ETH
9	Yearn Finance YFI	Ethereum	0.23%	8.99%	$ 5.910B	93.946K BTC	1.404M ETH
10	PancakeSwap CAKE	Binance	1.50%	11.04%	$ 5.748B	91.365K BTC	1.365M ETH
11	SushiSwap SUSHI	Multi-Chain	3.65%	8.95%	$ 5.064B	80.492K BTC	1.203M ETH
12	Uniswap UNI	Ethereum	3.07%	8.24%	$ 4.839B	76.910K BTC	1.149M ETH
13	AnySwap ANY	Multi-Chain	3.69%	-14.06%	$ 4.452B	70.756K BTC	1.057M ETH
14	Anchor ANC	Terra	2.98%	14.69%	$ 4.016B	63.831K BTC	953.659K ETH
15	Abracadabra SPELL	Ethereum	6.76%	30.25%	$ 3.512B	55.829K BTC	834.102K ETH
16	Uniswap v3 UNI	Ethereum	2.07%	8.88%	$ 3.474B	55.227K BTC	825.111K ETH
17	Venus XVS	Binance	0.19%	-1.78%	$ 2.597B	41.283K BTC	616.788K ETH
18	hBTC hBTC	Ethereum	4.44%	3.12%	$ 2.549B	40.521K BTC	605.391K ETH
19	MDEX MDX	Multi-Chain	1.19%	-1.92%	$ 2.169B	34.476K BTC	515.078K ETH
20	Liquity LQTY	Ethereum	1.68%	5.74%	$ 2.140B	34.008K BTC	508.092K ETH
21	Saber SBR	Solana	3.97%	18.61%	$ 2.072B	32.932K BTC	492.011K ETH
22	Raydium RAY	Solana	3.99%	21.02%	$ 1.950B	30.990K BTC	462.999K ETH
23	Synthetix SNX	Ethereum	3.37%	5.45%	$ 1.917B	30.471K BTC	455.255K ETH
24	Tranchess CHESS	Binance	4.55%	6.96%	$ 1.818B	28.903K BTC	431.814K ETH
25	Sunny SUNNY	Solana	4.15%	19.81%	$ 1.759B	27.952K BTC	417.611K ETH
26	RenVM REN	Multi-Chain	4.72%	8.97%	$ 1.725B	27.414K BTC	409.582K ETH
27	Serum SRM	Solana	2.13%	-1.98%	$ 1.714B	27.246K BTC	407.069K ETH
28	CREAM Finance CREAM	Multi-Chain	2.46%	11.93%	$ 1.714B	27.246K BTC	407.062K ETH
29	Bancor BNT	Ethereum	5.66%	11.55%	$ 1.681B	26.720K BTC	399.206K ETH
30	Balancer BAL	Ethereum	0.28%	1.38%	$ 1.591B	25.296K BTC	377.925K ETH
31	Neutrino NSBT	Waves	0.20%	0.86%	$ 1.565B	24.877K BTC	371.667K ETH
32	Alpaca Finance ALPACA	Binance	2.30%	17.75%	$ 1.560B	24.794K BTC	370.436K ETH
33	Mirror MIR	Multi-Chain	-0.53%	-1.20%	$ 1.515B	24.085K BTC	359.839K ETH
34	Flexa AMP	Ethereum	0.88%	1.02%	$ 1.379B	21.911K BTC	327.365K ETH
35	Alchemix ALCX	Ethereum	4.60%	14.12%	$ 1.370B	21.775K BTC	325.330K ETH
36	Sablier Finance	Ethereum	6.47%	27.45%	$ 1.369B	21.760K BTC	325.103K ETH
37	Beefy Finance BIFI	Multi-Chain	4.22%	11.87%	$ 1.218B	19.352K BTC	289.127K ETH
38	Belt Finance BELT	Binance	-1.84%	-4.09%	$ 1.185B	18.828K BTC	281.303K ETH
39	Tornado Cash TORN	Ethereum	2.92%	7.96%	$ 1.147B	18.235K BTC	272.439K ETH
40	Rari Capital RGT	Ethereum	7.13%	43.29%	$ 1.094B	17.384K BTC	259.729K ETH
41	dYdX	Ethereum	-2.09%	10.71%	$ 1.045B	16.606K BTC	248.101K ETH
42	KlaySwap KSP	Klaytn	3.69%	-3.62%	$ 1.017B	16.165K BTC	241.508K ETH
43	Orca	Solana	7.25%	-4.46%	$ 1.004B	15.952K BTC	238.336K ETH
44	TrueFi TRU	Ethereum	1.86%	0.32%	$ 984.021M	15.641K BTC	233.682K ETH
45	DefiSaver	Ethereum	5.22%	12.09%	$ 964.014M	15.323K BTC	228.930K ETH
46	Stacks STX	Stacks	0.90%	0.43%	$ 956.019M	15.196K BTC	227.032K ETH
47	Badger DAO BADGER	Ethereum	5.09%	6.95%	$ 939.061M	14.926K BTC	223.005K ETH
48	Alpha Finance ALPHA	Multi-Chain	1.55%	1.43%	$ 922.754M	14.667K BTC	219.132K ETH
49	SolFarm TULIP	Solana	2.32%	30.29%	$ 906.338M	14.406K BTC	215.234K ETH
50	DefiChain DFI	DefiChain	3.20%	-3.35%	$ 859.174M	13.657K BTC	204.033K ETH

Add a DeFi protocol

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.