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.
# | Nome | Chain | 1d Change | 7d Change | Audited | TVL | TVL in BTC | TVL in ETH |
---|---|---|---|---|---|---|---|---|
1 |
![]() Uniswap v3 UNI | Ethereum | 0.00% | 0.00% | $ 10.813B | 363.666K BTC | 5.471M ETH | |
2 |
![]() MakerDAO MKR | Ethereum | 1.21% | -6.86% | $ 9.856B | 331.470K BTC | 4.986M ETH | |
3 |
![]() AAVE AAVE | Multi-Chain | 0.53% | 4.18% | $ 8.710B | 292.955K BTC | 4.407M ETH | |
4 |
![]() Lido LDO | Multi-Chain | 0.41% | -4.18% | $ 8.472B | 284.933K BTC | 4.286M ETH | |
5 |
![]() WBTC WBTC | Ethereum | 1.54% | -4.02% | $ 8.227B | 276.713K BTC | 4.163M ETH | |
6 |
![]() Curve CRV | Multi-Chain | 1.74% | 5.07% | $ 7.486B | 251.781K BTC | 3.788M ETH | |
7 |
![]() Convex Finance CVX | Ethereum | 1.12% | 3.08% | $ 5.372B | 180.663K BTC | 2.718M ETH | |
8 |
![]() PancakeSwap CAKE | Binance | 0.10% | 7.44% | $ 4.256B | 143.146K BTC | 2.153M ETH | |
9 |
![]() Compound COMP | Ethereum | 1.35% | 0.93% | $ 4.200B | 141.272K BTC | 2.125M ETH | |
10 |
![]() AnySwap ANY | Multi-Chain | 0.31% | -2.10% | $ 3.477B | 116.956K BTC | 1.759M ETH | |
11 |
![]() InstaDApp INST | Ethereum | 0.00% | 0.00% | $ 2.509B | 84.378K BTC | 1.269M ETH | |
12 |
![]() DefiChain DFI | DefiChain | 0.00% | 0.00% | $ 2.209B | 74.296K BTC | 1.118M ETH | |
13 |
![]() Uniswap UNI | Ethereum | -0.39% | -5.14% | $ 1.699B | 57.151K BTC | 859.764K ETH | |
14 |
![]() Yearn Finance YFI | Ethereum | -0.33% | 1.02% | $ 1.286B | 43.249K BTC | 650.620K ETH | |
15 |
![]() Frax FXS | Ethereum | 0.00% | -3.66% | $ 1.250B | 42.041K BTC | 632.448K ETH | |
16 |
![]() hBTC hBTC | Ethereum | 2.31% | -0.88% | $ 1.169B | 39.314K BTC | 591.427K ETH | |
17 |
![]() dYdX | Ethereum | -0.99% | -0.71% | $ 953.525M | 32.070K BTC | 482.446K ETH | |
18 |
![]() SushiSwap SUSHI | Multi-Chain | 0.30% | -8.63% | $ 861.948M | 28.990K BTC | 436.111K ETH | |
19 |
![]() Balancer BAL | Ethereum | 0.27% | -0.15% | $ 815.048M | 27.412K BTC | 412.382K ETH | |
20 |
![]() Venus XVS | Binance | 1.59% | 1.95% | $ 809.523M | 27.227K BTC | 409.586K ETH | |
21 |
![]() Abracadabra SPELL | Ethereum | -0.42% | -6.71% | $ 708.548M | 23.831K BTC | 358.497K ETH | |
22 |
![]() Alpaca Finance ALPACA | Binance | 1.26% | 11.79% | $ 682.381M | 22.950K BTC | 345.257K ETH | |
23 |
![]() MDEX MDX | Multi-Chain | -0.47% | 0.02% | $ 675.362M | 22.714K BTC | 341.706K ETH | |
24 |
![]() Liquity LQTY | Ethereum | 1.21% | -5.46% | $ 646.195M | 21.733K BTC | 326.949K ETH | |
25 |
![]() Bancor BNT | Ethereum | -0.62% | 34.00% | $ 622.566M | 20.939K BTC | 314.994K ETH | |
26 |
![]() BiSwap BSW | Binance | 1.18% | 7.71% | $ 609.679M | 20.505K BTC | 308.473K ETH | |
27 |
![]() Synthetix SNX | Ethereum | 0.00% | -1.31% | $ 533.676M | 17.949K BTC | 270.019K ETH | |
28 |
![]() Tornado Cash TORN | Ethereum | 0.41% | 14.00% | $ 509.622M | 17.140K BTC | 257.848K ETH | |
29 |
![]() DefiSaver | Ethereum | 0.00% | 0.00% | $ 439.164M | 14.770K BTC | 222.199K ETH | |
30 |
![]() Quickswap QUICK | Polygon | -1.85% | -5.16% | $ 433.613M | 14.584K BTC | 219.391K ETH | |
31 |
![]() Beefy Finance BIFI | Multi-Chain | 2.74% | 1.85% | $ 400.054M | 13.455K BTC | 202.411K ETH | |
32 |
![]() Flexa AMP | Ethereum | -0.30% | -9.62% | $ 367.747M | 12.368K BTC | 186.065K ETH | |
33 |
![]() SolFarm TULIP | Solana | -0.34% | -4.43% | $ 364.486M | 12.259K BTC | 184.416K ETH | |
34 |
![]() Olympus DAO OHM | Ethereum | 0.79% | -0.18% | $ 361.398M | 12.155K BTC | 182.853K ETH | |
35 |
![]() CREAM Finance CREAM | Multi-Chain | 2.08% | 6.91% | $ 338.393M | 11.381K BTC | 171.213K ETH | |
36 |
![]() Raydium RAY | Solana | -0.95% | -11.23% | $ 327.258M | 11.007K BTC | 165.580K ETH | |
37 |
![]() xDAI Stake STAKE | Multi-Chain | -4.32% | -9.55% | $ 326.857M | 10.993K BTC | 165.377K ETH | |
38 |
![]() Serum SRM | Solana | 10.20% | -3.80% | $ 323.843M | 10.892K BTC | 163.852K ETH | |
39 |
![]() Armor ARMOR | Ethereum | 0.07% | -7.18% | $ 317.761M | 10.687K BTC | 160.774K ETH | |
40 |
![]() RenVM REN | Multi-Chain | 3.10% | -2.36% | $ 317.422M | 10.676K BTC | 160.603K ETH | |
41 |
![]() Gambit Protocol GMT | Binance | 0.68% | 6.28% | $ 311.478M | 10.476K BTC | 157.595K ETH | |
42 |
![]() Orca | Solana | -0.45% | 12.93% | $ 306.822M | 10.319K BTC | 155.240K ETH | |
43 |
![]() Nexus Mutual NXM | Ethereum | 0.80% | -5.48% | $ 304.355M | 10.236K BTC | 153.992K ETH | |
44 |
![]() KlaySwap KSP | Klaytn | 1.04% | 7.26% | $ 300.874M | 10.119K BTC | 152.230K ETH | |
45 |
![]() Osmosis OSMO | Osmosis | -3.59% | 1.61% | $ 287.698M | 9.676K BTC | 145.564K ETH | |
46 |
![]() Stacks STX | Stacks | -1.78% | -5.00% | $ 279.261M | 9.392K BTC | 141.295K ETH | |
47 |
![]() Fei Protocol FEI | Ethereum | 0.94% | 13.24% | $ 272.029M | 9.149K BTC | 137.636K ETH | |
48 |
![]() Tranchess CHESS | Binance | 2.52% | 0.49% | $ 267.234M | 8.988K BTC | 135.210K ETH | |
49 |
![]() Kava KAVA | Kava | -0.93% | 0.69% | $ 260.948M | 8.776K BTC | 132.029K ETH | |
50 |
![]() dForce DF | Multi-Chain | 0.07% | -0.26% | $ 252.062M | 8.478K BTC | 127.533K 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.