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
$ 63.109B
Change (24h)
76.83%
Lido Dominance
22.53 %

Historical Chart TVL in DeFi

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

Lido

LDO

Multi-Chain -9.09% -20.51% $ 14.219B 232.434K BTC 8.957M ETH
2 AAVE

AAVE

AAVE

Multi-Chain 0.00% 0.00% $ 8.155B 133.299K BTC 5.137M ETH
3 Curve

Curve

CRV

Multi-Chain 0.00% 0.00% $ 7.105B 116.138K BTC 4.476M ETH
4 WBTC

WBTC

WBTC

Ethereum -2.88% -16.30% $ 7.035B 114.989K BTC 4.431M ETH
5 MakerDAO

MakerDAO

MKR

Ethereum -2.74% -6.39% $ 5.738B 93.800K BTC 3.615M ETH
6 PancakeSwap

PancakeSwap

CAKE

Binance 0.00% 0.00% $ 3.782B 61.823K BTC 2.382M ETH
7 InstaDApp

InstaDApp

INST

Ethereum 0.00% 0.00% $ 2.481B 40.555K BTC 1.563M ETH
8 DefiChain

DefiChain

DFI

DefiChain 0.00% 0.00% $ 2.209B 36.110K BTC 1.392M ETH
9 Uniswap

Uniswap

UNI

Ethereum 0.00% 0.00% $ 1.602B 26.191K BTC 1.009M ETH
10 Pendle

Pendle

PENDLE

Ethereum -5.26% -19.47% $ 1.163B 19.012K BTC 732.671K ETH
11 Venus

Venus

XVS

Binance -3.57% -11.76% $ 996.465M 16.289K BTC 627.710K ETH
12 Balancer

Balancer

BAL

Ethereum 0.00% 0.00% $ 802.980M 13.126K BTC 505.827K ETH
13 Raydium

Raydium

RAY

Solana -3.94% -19.08% $ 794.593M 12.989K BTC 500.543K ETH
14 SushiSwap

SushiSwap

SUSHI

Multi-Chain 0.00% 0.00% $ 789.729M 12.909K BTC 497.480K ETH
15 MDEX

MDEX

MDX

Multi-Chain 0.00% 0.00% $ 668.604M 10.929K BTC 421.178K ETH
16 StakeWise

StakeWise

SWISE

Ethereum -8.54% -19.77% $ 589.129M 9.630K BTC 371.114K ETH
17 BiSwap

BiSwap

BSW

Binance 0.00% 0.00% $ 508.456M 8.311K BTC 320.295K ETH
18 Convex Finance

Convex Finance

CVX

Ethereum -3.46% -9.32% $ 505.822M 8.268K BTC 318.636K ETH
19 DefiSaver

DefiSaver

Ethereum 0.00% 0.00% $ 439.164M 7.179K BTC 276.646K ETH
20 Tornado Cash

Tornado Cash

TORN

Ethereum -7.75% -17.01% $ 415.587M 6.793K BTC 261.794K ETH
21 Quickswap

Quickswap

QUICK

Polygon 0.00% 0.00% $ 401.680M 6.566K BTC 253.033K ETH
22 Lightning Network

Lightning Network

Bitcoin -3.75% -17.05% $ 297.095M 4.856K BTC 187.151K ETH
23 Orca

Orca

Solana -4.16% -11.23% $ 225.851M 3.692K BTC 142.272K ETH
24 xDAI Stake

xDAI Stake

STAKE

Multi-Chain -4.02% -14.51% $ 225.750M 3.690K BTC 142.208K ETH
25 Yearn Finance

Yearn Finance

YFI

Ethereum -9.49% -7.36% $ 157.531M 2.575K BTC 99.235K ETH
26 Liquity

Liquity

LQTY

Ethereum -10.19% -20.86% $ 120.176M 1.964K BTC 75.704K ETH
27 Fantom

Fantom

FTM

Fantom 0.00% 0.00% $ 117.141M 1.915K BTC 73.791K ETH
28 Beefy Finance

Beefy Finance

BIFI

Multi-Chain -4.88% -9.60% $ 109.449M 1.789K BTC 68.946K ETH
29 StakeDAO

StakeDAO

SDT

Ethereum -3.51% -13.65% $ 102.497M 1.675K BTC 64.567K ETH
30 Compound

Compound

COMP

Ethereum -13.47% -22.49% $ 87.750M 1.434K BTC 55.277K ETH
31 Nexus Mutual

Nexus Mutual

NXM

Ethereum -7.66% -17.53% $ 76.424M 1.249K BTC 48.142K ETH
32 Belt Finance

Belt Finance

BELT

Binance 0.00% 0.00% $ 74.967M 1.225K BTC 47.225K ETH
33 Enzyme Finance

Enzyme Finance

MLN

Ethereum -4.98% -12.89% $ 73.838M 1.207K BTC 46.513K ETH
34 Alpha Finance

Alpha Finance

ALPHA

Multi-Chain 0.00% 0.00% $ 71.578M 1.170K BTC 45.089K ETH
35 ApeSwap

ApeSwap

BANANA

Multi-Chain 0.00% 0.00% $ 61.966M 1.013K BTC 39.035K ETH
36 Frax

Frax

FXS

Ethereum -0.97% -7.05% $ 61.703M 1.009K BTC 38.869K ETH
37 Pangolin

Pangolin

PNG

Avalanche 0.00% 0.00% $ 60.172M 984 BTC 37.905K ETH
38 Parrot Protocol

Parrot Protocol

PAI

Solana 0.00% 0.00% $ 51.758M 846 BTC 32.604K ETH
39 Secret Bridge

Secret Bridge

Secret 0.00% 0.00% $ 44.881M 734 BTC 28.272K ETH
40 Vesper

Vesper

VSP

Ethereum -4.01% -13.27% $ 41.236M 674 BTC 25.976K ETH
41 Snowball

Snowball

SNOB

Avalanche 0.00% 0.00% $ 40.207M 657 BTC 25.328K ETH
42 AnySwap

AnySwap

ANY

Multi-Chain -4.67% -10.43% $ 39.026M 638 BTC 24.584K ETH
43 dYdX

dYdX

Ethereum -0.65% -1.74% $ 38.473M 629 BTC 24.236K ETH
44 Fuse

Fuse

FUSE

Ethereum 0.00% 0.00% $ 38.342M 627 BTC 24.153K ETH
45 MoneyOnChain

MoneyOnChain

MOC

RSK -2.74% -17.76% $ 34.350M 561 BTC 21.638K ETH
46 Alpaca Finance

Alpaca Finance

ALPACA

Binance -3.66% -7.83% $ 28.844M 471 BTC 18.170K ETH
47 Connext

Connext

Multi-Chain -9.74% -22.95% $ 21.963M 359 BTC 13.835K ETH
48 dHEDGE

dHEDGE

DHT

Ethereum -1.30% -5.76% $ 19.328M 316 BTC 12.176K ETH
49 Mercurial Finance

Mercurial Finance

MER

Solana -2.17% -14.09% $ 17.542M 287 BTC 11.051K ETH
50 Ankr

Ankr

ANKR

Ethereum -8.08% -18.90% $ 16.957M 277 BTC 10.682K 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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