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 | 4.47% | 3.62% | $ 17.842B | 268.326K BTC | 9.256M ETH | |
| 2 |
AAVE AAVE | Multi-Chain | 0.00% | 0.00% | $ 8.155B | 122.639K BTC | 4.231M ETH | |
| 3 |
WBTC WBTC | Ethereum | 2.89% | 4.01% | $ 7.617B | 114.556K BTC | 3.952M ETH | |
| 4 |
Curve CRV | Multi-Chain | 0.00% | 0.00% | $ 7.105B | 106.850K BTC | 3.686M ETH | |
| 5 |
MakerDAO MKR | Ethereum | 3.83% | 2.41% | $ 6.072B | 91.319K BTC | 3.150M ETH | |
| 6 |
PancakeSwap CAKE | Binance | 0.00% | 0.00% | $ 3.782B | 56.879K BTC | 1.962M ETH | |
| 7 |
InstaDApp INST | Ethereum | 0.00% | 0.00% | $ 2.481B | 37.312K BTC | 1.287M ETH | |
| 8 |
DefiChain DFI | DefiChain | 0.00% | 0.00% | $ 2.209B | 33.222K BTC | 1.146M ETH | |
| 9 |
Uniswap UNI | Ethereum | 0.00% | 0.00% | $ 1.602B | 24.096K BTC | 831.219K ETH | |
| 10 |
Pendle PENDLE | Ethereum | 2.37% | 8.36% | $ 1.152B | 17.318K BTC | 597.393K ETH | |
| 11 |
Venus XVS | Binance | 2.26% | 1.51% | $ 1.057B | 15.892K BTC | 548.219K ETH | |
| 12 |
Raydium RAY | Solana | 2.30% | 0.37% | $ 862.969M | 12.978K BTC | 447.698K ETH | |
| 13 |
Balancer BAL | Ethereum | 0.00% | 0.00% | $ 802.980M | 12.076K BTC | 416.576K ETH | |
| 14 |
SushiSwap SUSHI | Multi-Chain | 0.00% | 0.00% | $ 789.729M | 11.877K BTC | 409.702K ETH | |
| 15 |
StakeWise SWISE | Ethereum | 4.18% | 3.31% | $ 735.437M | 11.060K BTC | 381.536K ETH | |
| 16 |
MDEX MDX | Multi-Chain | 0.00% | 0.00% | $ 668.604M | 10.055K BTC | 346.863K ETH | |
| 17 |
Tornado Cash TORN | Ethereum | 3.71% | 1.90% | $ 539.188M | 8.109K BTC | 279.724K ETH | |
| 18 |
BiSwap BSW | Binance | 0.00% | 0.00% | $ 508.456M | 7.647K BTC | 263.781K ETH | |
| 19 |
Convex Finance CVX | Ethereum | 1.07% | 0.27% | $ 500.308M | 7.524K BTC | 259.554K ETH | |
| 20 |
DefiSaver | Ethereum | 0.00% | 0.00% | $ 439.164M | 6.605K BTC | 227.833K ETH | |
| 21 |
Quickswap QUICK | Polygon | 0.00% | 0.00% | $ 401.680M | 6.041K BTC | 208.387K ETH | |
| 22 |
Lightning Network | Bitcoin | 3.70% | 3.90% | $ 298.959M | 4.496K BTC | 155.096K ETH | |
| 23 |
xDAI Stake STAKE | Multi-Chain | 2.16% | 1.00% | $ 263.853M | 3.968K BTC | 136.884K ETH | |
| 24 |
Orca | Solana | 0.74% | -0.40% | $ 238.472M | 3.586K BTC | 123.716K ETH | |
| 25 |
Yearn Finance YFI | Ethereum | 1.14% | -0.66% | $ 147.695M | 2.221K BTC | 76.622K ETH | |
| 26 |
Liquity LQTY | Ethereum | 2.75% | 3.06% | $ 142.007M | 2.136K BTC | 73.672K ETH | |
| 27 |
Fantom FTM | Fantom | 0.00% | 0.00% | $ 117.141M | 1.762K BTC | 60.771K ETH | |
| 28 |
StakeDAO SDT | Ethereum | 2.08% | 8.23% | $ 114.991M | 1.729K BTC | 59.656K ETH | |
| 29 |
Beefy Finance BIFI | Multi-Chain | 1.61% | 0.52% | $ 111.032M | 1.670K BTC | 57.602K ETH | |
| 30 |
Compound COMP | Ethereum | 2.93% | 2.26% | $ 94.275M | 1.418K BTC | 48.909K ETH | |
| 31 |
Nexus Mutual NXM | Ethereum | 3.43% | 2.61% | $ 89.044M | 1.339K BTC | 46.195K ETH | |
| 32 |
Enzyme Finance MLN | Ethereum | 3.41% | 2.39% | $ 85.681M | 1.289K BTC | 44.450K ETH | |
| 33 |
Vesper VSP | Ethereum | 4.75% | 20.45% | $ 75.202M | 1.131K BTC | 39.014K ETH | |
| 34 |
Belt Finance BELT | Binance | 0.00% | 0.00% | $ 74.967M | 1.127K BTC | 38.892K ETH | |
| 35 |
Alpha Finance ALPHA | Multi-Chain | 0.00% | 0.00% | $ 71.578M | 1.076K BTC | 37.134K ETH | |
| 36 |
ApeSwap BANANA | Multi-Chain | 0.00% | 0.00% | $ 61.966M | 932 BTC | 32.147K ETH | |
| 37 |
Pangolin PNG | Avalanche | 0.00% | 0.00% | $ 60.172M | 905 BTC | 31.216K ETH | |
| 38 |
Parrot Protocol PAI | Solana | 0.00% | 0.00% | $ 51.758M | 778 BTC | 26.852K ETH | |
| 39 |
Secret Bridge | Secret | 0.00% | 0.00% | $ 44.881M | 675 BTC | 23.284K ETH | |
| 40 |
Frax FXS | Ethereum | 4.13% | 6.80% | $ 44.750M | 673 BTC | 23.216K ETH | |
| 41 |
Snowball SNOB | Avalanche | 0.00% | 0.00% | $ 40.207M | 605 BTC | 20.859K ETH | |
| 42 |
Mercurial Finance MER | Solana | 2.22% | 2.51% | $ 39.385M | 592 BTC | 20.432K ETH | |
| 43 |
Fuse FUSE | Ethereum | 0.00% | 0.00% | $ 38.342M | 577 BTC | 19.891K ETH | |
| 44 |
AnySwap ANY | Multi-Chain | 2.02% | 0.10% | $ 37.965M | 571 BTC | 19.696K ETH | |
| 45 |
dYdX | Ethereum | 0.34% | 0.25% | $ 37.924M | 570 BTC | 19.675K ETH | |
| 46 |
Alpaca Finance ALPACA | Binance | 1.70% | -0.81% | $ 29.071M | 437 BTC | 15.082K ETH | |
| 47 |
Connext | Multi-Chain | 4.05% | 1.87% | $ 24.034M | 361 BTC | 12.469K ETH | |
| 48 |
dHEDGE DHT | Ethereum | 1.56% | 5.45% | $ 21.163M | 318 BTC | 10.979K ETH | |
| 49 |
Ankr ANKR | Ethereum | 2.69% | 2.84% | $ 20.643M | 310 BTC | 10.709K ETH | |
| 50 |
MoneyOnChain MOC | RSK | 2.91% | 4.71% | $ 19.443M | 292 BTC | 10.087K 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.