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 |
|---|---|---|---|---|---|---|---|---|
| 1 |
Lido LDO | Multi-Chain | -10.83% | -21.92% | $ 14.029B | 232.668K BTC | 8.931M ETH | |
| 2 |
AAVE AAVE | Multi-Chain | 0.00% | 0.00% | $ 8.155B | 135.239K BTC | 5.191M ETH | |
| 3 |
Curve CRV | Multi-Chain | 0.00% | 0.00% | $ 7.105B | 117.828K BTC | 4.523M ETH | |
| 4 |
WBTC WBTC | Ethereum | -5.49% | -18.36% | $ 6.876B | 114.042K BTC | 4.378M ETH | |
| 5 |
MakerDAO MKR | Ethereum | -0.74% | -5.55% | $ 5.826B | 96.613K BTC | 3.709M ETH | |
| 6 |
PancakeSwap CAKE | Binance | 0.00% | 0.00% | $ 3.782B | 62.722K BTC | 2.408M ETH | |
| 7 |
InstaDApp INST | Ethereum | 0.00% | 0.00% | $ 2.481B | 41.145K BTC | 1.579M ETH | |
| 8 |
DefiChain DFI | DefiChain | 0.00% | 0.00% | $ 2.209B | 36.635K BTC | 1.406M ETH | |
| 9 |
Uniswap UNI | Ethereum | 0.00% | 0.00% | $ 1.602B | 26.572K BTC | 1.020M ETH | |
| 10 |
Pendle PENDLE | Ethereum | -3.09% | -17.80% | $ 1.186B | 19.669K BTC | 755.024K ETH | |
| 11 |
Venus XVS | Binance | -3.44% | -11.89% | $ 1.000B | 16.589K BTC | 636.780K ETH | |
| 12 |
Balancer BAL | Ethereum | 0.00% | 0.00% | $ 802.980M | 13.317K BTC | 511.185K ETH | |
| 13 |
Raydium RAY | Solana | -5.70% | -16.94% | $ 800.607M | 13.278K BTC | 509.675K ETH | |
| 14 |
SushiSwap SUSHI | Multi-Chain | 0.00% | 0.00% | $ 789.729M | 13.097K BTC | 502.750K ETH | |
| 15 |
MDEX MDX | Multi-Chain | 0.00% | 0.00% | $ 668.604M | 11.088K BTC | 425.640K ETH | |
| 16 |
StakeWise SWISE | Ethereum | -10.64% | -21.50% | $ 579.094M | 9.604K BTC | 368.657K ETH | |
| 17 |
BiSwap BSW | Binance | 0.00% | 0.00% | $ 508.456M | 8.432K BTC | 323.688K ETH | |
| 18 |
Convex Finance CVX | Ethereum | -4.05% | -9.85% | $ 504.699M | 8.370K BTC | 321.297K ETH | |
| 19 |
DefiSaver | Ethereum | 0.00% | 0.00% | $ 439.164M | 7.283K BTC | 279.576K ETH | |
| 20 |
Tornado Cash TORN | Ethereum | -9.81% | -19.24% | $ 408.899M | 6.781K BTC | 260.309K ETH | |
| 21 |
Quickswap QUICK | Polygon | 0.00% | 0.00% | $ 401.680M | 6.662K BTC | 255.714K ETH | |
| 22 |
Lightning Network | Bitcoin | -4.78% | -17.19% | $ 294.727M | 4.888K BTC | 187.626K ETH | |
| 23 |
Orca | Solana | -3.23% | -11.79% | $ 228.388M | 3.788K BTC | 145.394K ETH | |
| 24 |
xDAI Stake STAKE | Multi-Chain | -5.96% | -16.39% | $ 223.112M | 3.700K BTC | 142.035K ETH | |
| 25 |
Yearn Finance YFI | Ethereum | -10.57% | -7.43% | $ 158.242M | 2.624K BTC | 100.738K ETH | |
| 26 |
Liquity LQTY | Ethereum | -10.72% | -22.66% | $ 118.985M | 1.973K BTC | 75.747K ETH | |
| 27 |
Fantom FTM | Fantom | 0.00% | 0.00% | $ 117.141M | 1.943K BTC | 74.573K ETH | |
| 28 |
Beefy Finance BIFI | Multi-Chain | -6.89% | -11.60% | $ 107.654M | 1.785K BTC | 68.534K ETH | |
| 29 |
StakeDAO SDT | Ethereum | -5.37% | -14.73% | $ 101.605M | 1.685K BTC | 64.683K ETH | |
| 30 |
Compound COMP | Ethereum | -14.70% | -23.94% | $ 86.852M | 1.440K BTC | 55.291K ETH | |
| 31 |
Nexus Mutual NXM | Ethereum | -8.96% | -19.25% | $ 75.804M | 1.257K BTC | 48.257K ETH | |
| 32 |
Belt Finance BELT | Binance | 0.00% | 0.00% | $ 74.967M | 1.243K BTC | 47.725K ETH | |
| 33 |
Enzyme Finance MLN | Ethereum | -6.37% | -14.20% | $ 73.090M | 1.212K BTC | 46.530K ETH | |
| 34 |
Alpha Finance ALPHA | Multi-Chain | 0.00% | 0.00% | $ 71.578M | 1.187K BTC | 45.567K ETH | |
| 35 |
ApeSwap BANANA | Multi-Chain | 0.00% | 0.00% | $ 61.966M | 1.028K BTC | 39.448K ETH | |
| 36 |
Frax FXS | Ethereum | -0.47% | -7.08% | $ 61.693M | 1.023K BTC | 39.274K ETH | |
| 37 |
Pangolin PNG | Avalanche | 0.00% | 0.00% | $ 60.172M | 998 BTC | 38.306K ETH | |
| 38 |
Parrot Protocol PAI | Solana | 0.00% | 0.00% | $ 51.758M | 858 BTC | 32.950K ETH | |
| 39 |
Secret Bridge | Secret | 0.00% | 0.00% | $ 44.881M | 744 BTC | 28.572K ETH | |
| 40 |
Vesper VSP | Ethereum | -4.45% | -14.06% | $ 41.187M | 683 BTC | 26.220K ETH | |
| 41 |
Snowball SNOB | Avalanche | 0.00% | 0.00% | $ 40.207M | 667 BTC | 25.596K ETH | |
| 42 |
AnySwap ANY | Multi-Chain | -5.46% | -11.38% | $ 38.818M | 644 BTC | 24.712K ETH | |
| 43 |
dYdX | Ethereum | -0.81% | -1.89% | $ 38.428M | 637 BTC | 24.463K ETH | |
| 44 |
Fuse FUSE | Ethereum | 0.00% | 0.00% | $ 38.342M | 636 BTC | 24.409K ETH | |
| 45 |
MoneyOnChain MOC | RSK | -3.92% | -19.19% | $ 34.012M | 564 BTC | 21.652K ETH | |
| 46 |
Alpaca Finance ALPACA | Binance | -3.52% | -7.14% | $ 28.888M | 479 BTC | 18.390K ETH | |
| 47 |
Connext | Multi-Chain | -10.75% | -24.52% | $ 21.722M | 360 BTC | 13.829K ETH | |
| 48 |
dHEDGE DHT | Ethereum | -1.68% | -6.50% | $ 19.211M | 319 BTC | 12.230K ETH | |
| 49 |
Mercurial Finance MER | Solana | -4.81% | -14.98% | $ 17.473M | 290 BTC | 11.123K ETH | |
| 50 |
Ankr ANKR | Ethereum | -10.00% | -21.22% | $ 16.670M | 276 BTC | 10.612K 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.
Bitcoin Casinos Bonus Codes and Referral Coupons Vouchers for Free Crypto Exchanges Discounts.