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.
| # | Name | Chain | 1d Change | 7d Change | Audited | TVL | TVL in BTC | TVL in ETH |
|---|---|---|---|---|---|---|---|---|
| 104 |
Ellipsis Finance EPS | Binance | 42.95% | 41.92% | $ 1.203M | 20 BTC | 747 ETH | |
| 124 |
PieDAO DOUGH | Ethereum | 6.50% | -17.85% | $ 691.024K | 11 BTC | 429 ETH | |
| 134 |
Tokenlon LON | Ethereum | 5.53% | -39.79% | $ 448.592K | 7 BTC | 278 ETH | |
| 273 |
Tomb Finance TOMB | Fantom | 1.39% | -8.29% | $ 0 | 0 BTC | 0 ETH | |
| 264 |
Shiba Fantom SHIBA | Fantom | 1.37% | -8.26% | $ 619 | 0 BTC | 0 ETH | |
| 170 |
Dopple Finance DOP | Binance | 0.12% | -0.01% | $ 163.335K | 3 BTC | 101 ETH | |
| 143 |
Volmex | Ethereum | 0.10% | 0.10% | $ 366.638K | 6 BTC | 228 ETH | |
| 58 |
ACryptoS ACS | Binance | 0.08% | 0.08% | $ 10.559M | 171 BTC | 6.553K ETH | |
| 174 |
Mars Poolin MARS | Ethereum | 0.05% | -1.44% | $ 136.942K | 2 BTC | 85 ETH | |
| 150 |
Iron Finance IRON | Multi-Chain | 0.04% | 0.08% | $ 315.953K | 5 BTC | 196 ETH | |
| 138 |
APY.Finance APY | Ethereum | 0.04% | 0.05% | $ 413.973K | 7 BTC | 257 ETH | |
| 268 |
S Finance SFG | Ethereum | 0.03% | 0.04% | $ 34 | 0 BTC | 0 ETH | |
| 240 |
Qilin QI | Ethereum | 0.00% | 0.01% | $ 13.993K | 0 BTC | 9 ETH | |
| 151 |
Swerve SWRV | Ethereum | 0.00% | 0.05% | $ 305.359K | 5 BTC | 190 ETH | |
| 132 |
Smoothy SMTY | Ethereum | -0.04% | -0.16% | $ 493.629K | 8 BTC | 306 ETH | |
| 231 |
TrueFi TRU | Ethereum | -0.05% | 0.03% | $ 21.713K | 0 BTC | 13 ETH | |
| 98 |
DerivaDEX DDX | Ethereum | -0.07% | 1.75% | $ 1.614M | 26 BTC | 1.001K ETH | |
| 216 |
CompliFi COMFI | Multi-Chain | -0.13% | -0.35% | $ 37.077K | 1 BTC | 23 ETH | |
| 110 |
dForce DF | Multi-Chain | -0.14% | -0.34% | $ 1.024M | 17 BTC | 635 ETH | |
| 128 |
Bearn BFI | Binance | -0.18% | -0.12% | $ 595.074K | 10 BTC | 369 ETH | |
| 85 |
mStable MTA | Multi-Chain | -0.36% | -0.97% | $ 3.139M | 51 BTC | 1.948K ETH | |
| 156 |
Basis Cash BAC | Ethereum | -0.47% | -1.33% | $ 260.917K | 4 BTC | 162 ETH | |
| 100 |
Nerve NRV | Binance | -0.49% | -1.91% | $ 1.463M | 24 BTC | 908 ETH | |
| 36 |
Frax FXS | Ethereum | -0.51% | -7.10% | $ 61.671M | 1,000 BTC | 38.275K ETH | |
| 198 |
SnowSwap SNOW | Ethereum | -0.60% | -1.39% | $ 77.061K | 1 BTC | 48 ETH | |
| 195 |
DFX Finance DFX | Ethereum | -0.64% | -0.38% | $ 80.643K | 1 BTC | 50 ETH | |
| 137 |
yAxis YAX | Ethereum | -0.68% | -2.27% | $ 415.175K | 7 BTC | 258 ETH | |
| 185 |
CVI Finance GOVI | Ethereum | -0.77% | -1.83% | $ 114.199K | 2 BTC | 71 ETH | |
| 106 |
Depth DEP | Heco | -0.80% | -1.45% | $ 1.150M | 19 BTC | 714 ETH | |
| 252 |
Waka Finance WAKA | Fantom | -0.84% | -7.72% | $ 4.173K | 0 BTC | 3 ETH | |
| 155 |
Jarvis Network JRT | Ethereum | -0.86% | -3.68% | $ 268.863K | 4 BTC | 167 ETH | |
| 5 |
MakerDAO MKR | Ethereum | -0.88% | -5.04% | $ 5.836B | 94.623K BTC | 3.622M ETH | |
| 42 |
dYdX | Ethereum | -0.95% | -1.93% | $ 38.388M | 622 BTC | 23.825K ETH | |
| 136 |
Perpetual Protocol PERP | xDai | -0.95% | -1.98% | $ 422.877K | 7 BTC | 262 ETH | |
| 96 |
B.Protocol BPRO | Ethereum | -1.11% | -1.83% | $ 1.747M | 28 BTC | 1.085K ETH | |
| 78 |
PoolTogether POOL | Multi-Chain | -1.20% | -1.88% | $ 4.352M | 71 BTC | 2.701K ETH | |
| 236 |
Firebird HOPE | Polygon | -1.42% | -0.75% | $ 17.535K | 0 BTC | 11 ETH | |
| 220 |
Hyper Finance HYFI | Binance | -1.48% | -2.99% | $ 34.720K | 1 BTC | 22 ETH | |
| 82 |
Idle Finance IDLE | Ethereum | -1.48% | -0.65% | $ 3.606M | 58 BTC | 2.238K ETH | |
| 233 |
KokomoSwap KOKOMO | Binance | -1.57% | -4.43% | $ 20.286K | 0 BTC | 13 ETH | |
| 251 |
SolFarm TULIP | Solana | -1.83% | -5.98% | $ 4.451K | 0 BTC | 3 ETH | |
| 164 |
Wasabix WASABI | Ethereum | -1.89% | -5.15% | $ 195.151K | 3 BTC | 121 ETH | |
| 229 |
Canary CNR | Avalanche | -1.90% | -4.65% | $ 24.317K | 0 BTC | 15 ETH | |
| 101 |
Flamingo Finance FLM | NEO | -1.93% | -6.52% | $ 1.356M | 22 BTC | 842 ETH | |
| 191 |
PolyQuity PQY | Polygon | -2.05% | -1.77% | $ 91.148K | 1 BTC | 57 ETH | |
| 178 |
InsurAce INSUR | Ethereum | -2.12% | -4.71% | $ 130.845K | 2 BTC | 81 ETH | |
| 187 |
Levinswap LEVIN | xDai | -2.30% | -4.21% | $ 110.979K | 2 BTC | 69 ETH | |
| 145 |
88mph MPH | Ethereum | -2.32% | -5.86% | $ 352.451K | 6 BTC | 219 ETH | |
| 48 |
dHEDGE DHT | Ethereum | -2.36% | -7.17% | $ 19.043M | 309 BTC | 11.819K ETH | |
| 250 |
Erasure NMR | Ethereum | -2.59% | -2.67% | $ 4.700K | 0 BTC | 3 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.
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