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
$ 68.163B
Change (24h)
83.16%
Lido Dominance
26.18 %

Historical Chart TVL in DeFi

# NameChain 1d Change 7d Change Audited TVL TVL in BTCTVL in ETH
1 Lido

Lido

LDO

Multi-Chain 4.47% 3.62% $ 17.842B 268.326K BTC 9.256M ETH
2 AAVE

AAVE

AAVE

Multi-Chain 0.00% 0.00% $ 8.155B 122.639K BTC 4.231M ETH
3 WBTC

WBTC

WBTC

Ethereum 2.89% 4.01% $ 7.617B 114.556K BTC 3.952M ETH
4 Curve

Curve

CRV

Multi-Chain 0.00% 0.00% $ 7.105B 106.850K BTC 3.686M ETH
5 MakerDAO

MakerDAO

MKR

Ethereum 3.83% 2.41% $ 6.072B 91.319K BTC 3.150M ETH
6 PancakeSwap

PancakeSwap

CAKE

Binance 0.00% 0.00% $ 3.782B 56.879K BTC 1.962M ETH
7 InstaDApp

InstaDApp

INST

Ethereum 0.00% 0.00% $ 2.481B 37.312K BTC 1.287M ETH
8 DefiChain

DefiChain

DFI

DefiChain 0.00% 0.00% $ 2.209B 33.222K BTC 1.146M ETH
9 Uniswap

Uniswap

UNI

Ethereum 0.00% 0.00% $ 1.602B 24.096K BTC 831.219K ETH
10 Pendle

Pendle

PENDLE

Ethereum 2.37% 8.36% $ 1.152B 17.318K BTC 597.393K ETH
11 Venus

Venus

XVS

Binance 2.26% 1.51% $ 1.057B 15.892K BTC 548.219K ETH
12 Raydium

Raydium

RAY

Solana 2.30% 0.37% $ 862.969M 12.978K BTC 447.698K ETH
13 Balancer

Balancer

BAL

Ethereum 0.00% 0.00% $ 802.980M 12.076K BTC 416.576K ETH
14 SushiSwap

SushiSwap

SUSHI

Multi-Chain 0.00% 0.00% $ 789.729M 11.877K BTC 409.702K ETH
15 StakeWise

StakeWise

SWISE

Ethereum 4.18% 3.31% $ 735.437M 11.060K BTC 381.536K ETH
16 MDEX

MDEX

MDX

Multi-Chain 0.00% 0.00% $ 668.604M 10.055K BTC 346.863K ETH
17 Tornado Cash

Tornado Cash

TORN

Ethereum 3.71% 1.90% $ 539.188M 8.109K BTC 279.724K ETH
18 BiSwap

BiSwap

BSW

Binance 0.00% 0.00% $ 508.456M 7.647K BTC 263.781K ETH
19 Convex Finance

Convex Finance

CVX

Ethereum 1.07% 0.27% $ 500.308M 7.524K BTC 259.554K ETH
20 DefiSaver

DefiSaver

Ethereum 0.00% 0.00% $ 439.164M 6.605K BTC 227.833K ETH
21 Quickswap

Quickswap

QUICK

Polygon 0.00% 0.00% $ 401.680M 6.041K BTC 208.387K ETH
22 Lightning Network

Lightning Network

Bitcoin 3.70% 3.90% $ 298.959M 4.496K BTC 155.096K ETH
23 xDAI Stake

xDAI Stake

STAKE

Multi-Chain 2.16% 1.00% $ 263.853M 3.968K BTC 136.884K ETH
24 Orca

Orca

Solana 0.74% -0.40% $ 238.472M 3.586K BTC 123.716K ETH
25 Yearn Finance

Yearn Finance

YFI

Ethereum 1.14% -0.66% $ 147.695M 2.221K BTC 76.622K ETH
26 Liquity

Liquity

LQTY

Ethereum 2.75% 3.06% $ 142.007M 2.136K BTC 73.672K ETH
27 Fantom

Fantom

FTM

Fantom 0.00% 0.00% $ 117.141M 1.762K BTC 60.771K ETH
28 StakeDAO

StakeDAO

SDT

Ethereum 2.08% 8.23% $ 114.991M 1.729K BTC 59.656K ETH
29 Beefy Finance

Beefy Finance

BIFI

Multi-Chain 1.61% 0.52% $ 111.032M 1.670K BTC 57.602K ETH
30 Compound

Compound

COMP

Ethereum 2.93% 2.26% $ 94.275M 1.418K BTC 48.909K ETH
31 Nexus Mutual

Nexus Mutual

NXM

Ethereum 3.43% 2.61% $ 89.044M 1.339K BTC 46.195K ETH
32 Enzyme Finance

Enzyme Finance

MLN

Ethereum 3.41% 2.39% $ 85.681M 1.289K BTC 44.450K ETH
33 Vesper

Vesper

VSP

Ethereum 4.75% 20.45% $ 75.202M 1.131K BTC 39.014K ETH
34 Belt Finance

Belt Finance

BELT

Binance 0.00% 0.00% $ 74.967M 1.127K BTC 38.892K ETH
35 Alpha Finance

Alpha Finance

ALPHA

Multi-Chain 0.00% 0.00% $ 71.578M 1.076K BTC 37.134K ETH
36 ApeSwap

ApeSwap

BANANA

Multi-Chain 0.00% 0.00% $ 61.966M 932 BTC 32.147K ETH
37 Pangolin

Pangolin

PNG

Avalanche 0.00% 0.00% $ 60.172M 905 BTC 31.216K ETH
38 Parrot Protocol

Parrot Protocol

PAI

Solana 0.00% 0.00% $ 51.758M 778 BTC 26.852K ETH
39 Secret Bridge

Secret Bridge

Secret 0.00% 0.00% $ 44.881M 675 BTC 23.284K ETH
40 Frax

Frax

FXS

Ethereum 4.13% 6.80% $ 44.750M 673 BTC 23.216K ETH
41 Snowball

Snowball

SNOB

Avalanche 0.00% 0.00% $ 40.207M 605 BTC 20.859K ETH
42 Mercurial Finance

Mercurial Finance

MER

Solana 2.22% 2.51% $ 39.385M 592 BTC 20.432K ETH
43 Fuse

Fuse

FUSE

Ethereum 0.00% 0.00% $ 38.342M 577 BTC 19.891K ETH
44 AnySwap

AnySwap

ANY

Multi-Chain 2.02% 0.10% $ 37.965M 571 BTC 19.696K ETH
45 dYdX

dYdX

Ethereum 0.34% 0.25% $ 37.924M 570 BTC 19.675K ETH
46 Alpaca Finance

Alpaca Finance

ALPACA

Binance 1.70% -0.81% $ 29.071M 437 BTC 15.082K ETH
47 Connext

Connext

Multi-Chain 4.05% 1.87% $ 24.034M 361 BTC 12.469K ETH
48 dHEDGE

dHEDGE

DHT

Ethereum 1.56% 5.45% $ 21.163M 318 BTC 10.979K ETH
49 Ankr

Ankr

ANKR

Ethereum 2.69% 2.84% $ 20.643M 310 BTC 10.709K ETH
50 MoneyOnChain

MoneyOnChain

MOC

RSK 2.91% 4.71% $ 19.443M 292 BTC 10.087K 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.

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