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
$ 104.131B
Change (24h)
0.65%
Uniswap v3 Dominance
10.38 %

Historical Chart TVL in DeFi

# NomeChain 1d Change 7d Change Audited TVL TVL in BTCTVL in ETH
1 Uniswap v3

Uniswap v3

UNI

Ethereum 0.00% 0.00% $ 10.813B 363.666K BTC 5.471M ETH
2 MakerDAO

MakerDAO

MKR

Ethereum 1.21% -6.86% $ 9.856B 331.470K BTC 4.986M ETH
3 AAVE

AAVE

AAVE

Multi-Chain 0.53% 4.18% $ 8.710B 292.955K BTC 4.407M ETH
4 Lido

Lido

LDO

Multi-Chain 0.41% -4.18% $ 8.472B 284.933K BTC 4.286M ETH
5 WBTC

WBTC

WBTC

Ethereum 1.54% -4.02% $ 8.227B 276.713K BTC 4.163M ETH
6 Curve

Curve

CRV

Multi-Chain 1.74% 5.07% $ 7.486B 251.781K BTC 3.788M ETH
7 Convex Finance

Convex Finance

CVX

Ethereum 1.12% 3.08% $ 5.372B 180.663K BTC 2.718M ETH
8 PancakeSwap

PancakeSwap

CAKE

Binance 0.10% 7.44% $ 4.256B 143.146K BTC 2.153M ETH
9 Compound

Compound

COMP

Ethereum 1.35% 0.93% $ 4.200B 141.272K BTC 2.125M ETH
10 AnySwap

AnySwap

ANY

Multi-Chain 0.31% -2.10% $ 3.477B 116.956K BTC 1.759M ETH
11 InstaDApp

InstaDApp

INST

Ethereum 0.00% 0.00% $ 2.509B 84.378K BTC 1.269M ETH
12 DefiChain

DefiChain

DFI

DefiChain 0.00% 0.00% $ 2.209B 74.296K BTC 1.118M ETH
13 Uniswap

Uniswap

UNI

Ethereum -0.39% -5.14% $ 1.699B 57.151K BTC 859.764K ETH
14 Yearn Finance

Yearn Finance

YFI

Ethereum -0.33% 1.02% $ 1.286B 43.249K BTC 650.620K ETH
15 Frax

Frax

FXS

Ethereum 0.00% -3.66% $ 1.250B 42.041K BTC 632.448K ETH
16 hBTC

hBTC

hBTC

Ethereum 2.31% -0.88% $ 1.169B 39.314K BTC 591.427K ETH
17 dYdX

dYdX

Ethereum -0.99% -0.71% $ 953.525M 32.070K BTC 482.446K ETH
18 SushiSwap

SushiSwap

SUSHI

Multi-Chain 0.30% -8.63% $ 861.948M 28.990K BTC 436.111K ETH
19 Balancer

Balancer

BAL

Ethereum 0.27% -0.15% $ 815.048M 27.412K BTC 412.382K ETH
20 Venus

Venus

XVS

Binance 1.59% 1.95% $ 809.523M 27.227K BTC 409.586K ETH
21 Abracadabra

Abracadabra

SPELL

Ethereum -0.42% -6.71% $ 708.548M 23.831K BTC 358.497K ETH
22 Alpaca Finance

Alpaca Finance

ALPACA

Binance 1.26% 11.79% $ 682.381M 22.950K BTC 345.257K ETH
23 MDEX

MDEX

MDX

Multi-Chain -0.47% 0.02% $ 675.362M 22.714K BTC 341.706K ETH
24 Liquity

Liquity

LQTY

Ethereum 1.21% -5.46% $ 646.195M 21.733K BTC 326.949K ETH
25 Bancor

Bancor

BNT

Ethereum -0.62% 34.00% $ 622.566M 20.939K BTC 314.994K ETH
26 BiSwap

BiSwap

BSW

Binance 1.18% 7.71% $ 609.679M 20.505K BTC 308.473K ETH
27 Synthetix

Synthetix

SNX

Ethereum 0.00% -1.31% $ 533.676M 17.949K BTC 270.019K ETH
28 Tornado Cash

Tornado Cash

TORN

Ethereum 0.41% 14.00% $ 509.622M 17.140K BTC 257.848K ETH
29 DefiSaver

DefiSaver

Ethereum 0.00% 0.00% $ 439.164M 14.770K BTC 222.199K ETH
30 Quickswap

Quickswap

QUICK

Polygon -1.85% -5.16% $ 433.613M 14.584K BTC 219.391K ETH
31 Beefy Finance

Beefy Finance

BIFI

Multi-Chain 2.74% 1.85% $ 400.054M 13.455K BTC 202.411K ETH
32 Flexa

Flexa

AMP

Ethereum -0.30% -9.62% $ 367.747M 12.368K BTC 186.065K ETH
33 SolFarm

SolFarm

TULIP

Solana -0.34% -4.43% $ 364.486M 12.259K BTC 184.416K ETH
34 Olympus DAO

Olympus DAO

OHM

Ethereum 0.79% -0.18% $ 361.398M 12.155K BTC 182.853K ETH
35 CREAM Finance

CREAM Finance

CREAM

Multi-Chain 2.08% 6.91% $ 338.393M 11.381K BTC 171.213K ETH
36 Raydium

Raydium

RAY

Solana -0.95% -11.23% $ 327.258M 11.007K BTC 165.580K ETH
37 xDAI Stake

xDAI Stake

STAKE

Multi-Chain -4.32% -9.55% $ 326.857M 10.993K BTC 165.377K ETH
38 Serum

Serum

SRM

Solana 10.20% -3.80% $ 323.843M 10.892K BTC 163.852K ETH
39 Armor

Armor

ARMOR

Ethereum 0.07% -7.18% $ 317.761M 10.687K BTC 160.774K ETH
40 RenVM

RenVM

REN

Multi-Chain 3.10% -2.36% $ 317.422M 10.676K BTC 160.603K ETH
41 Gambit Protocol

Gambit Protocol

GMT

Binance 0.68% 6.28% $ 311.478M 10.476K BTC 157.595K ETH
42 Orca

Orca

Solana -0.45% 12.93% $ 306.822M 10.319K BTC 155.240K ETH
43 Nexus Mutual

Nexus Mutual

NXM

Ethereum 0.80% -5.48% $ 304.355M 10.236K BTC 153.992K ETH
44 KlaySwap

KlaySwap

KSP

Klaytn 1.04% 7.26% $ 300.874M 10.119K BTC 152.230K ETH
45 Osmosis

Osmosis

OSMO

Osmosis -3.59% 1.61% $ 287.698M 9.676K BTC 145.564K ETH
46 Stacks

Stacks

STX

Stacks -1.78% -5.00% $ 279.261M 9.392K BTC 141.295K ETH
47 Fei Protocol

Fei Protocol

FEI

Ethereum 0.94% 13.24% $ 272.029M 9.149K BTC 137.636K ETH
48 Tranchess

Tranchess

CHESS

Binance 2.52% 0.49% $ 267.234M 8.988K BTC 135.210K ETH
49 Kava

Kava

KAVA

Kava -0.93% 0.69% $ 260.948M 8.776K BTC 132.029K ETH
50 dForce

dForce

DF

Multi-Chain 0.07% -0.26% $ 252.062M 8.478K BTC 127.533K 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.