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 |
|---|---|---|---|---|---|---|---|---|
| 196 |
xDollar XDO | Polygon | 147.64% | -4.29% | $ 98.530K | 1 BTC | 27 ETH | |
| 175 |
Wasabix WASABI | Ethereum | 13.71% | 15.86% | $ 205.493K | 3 BTC | 56 ETH | |
| 97 |
Flamingo Finance FLM | NEO | 8.36% | 9.87% | $ 2.603M | 36 BTC | 710 ETH | |
| 195 |
FilDA FILDA | Heco | 7.05% | -8.09% | $ 108.600K | 2 BTC | 30 ETH | |
| 248 |
ShadeCash SHADE | Fantom | 4.53% | 14.61% | $ 6.281K | 0 BTC | 2 ETH | |
| 265 |
Aquarius AQU | Fantom | 4.53% | 12.60% | $ 728 | 0 BTC | 0 ETH | |
| 266 |
Shiba Fantom SHIBA | Fantom | 4.01% | 13.06% | $ 739 | 0 BTC | 0 ETH | |
| 274 |
Tomb Finance TOMB | Fantom | 4.01% | 11.36% | $ 0 | 0 BTC | 0 ETH | |
| 255 |
Waka Finance WAKA | Fantom | 3.70% | 15.67% | $ 4.269K | 0 BTC | 1 ETH | |
| 156 |
SpiritSwap SPIRIT | Fantom | 3.68% | 6.33% | $ 338.883K | 5 BTC | 92 ETH | |
| 38 |
Frax FXS | Ethereum | 3.60% | 10.92% | $ 59.269M | 827 BTC | 16.171K ETH | |
| 202 |
BarnBridge BOND | Ethereum | 1.94% | 6.37% | $ 94.185K | 1 BTC | 26 ETH | |
| 155 |
SecretSwap SEFI | Secret | 1.38% | 4.13% | $ 361.847K | 5 BTC | 99 ETH | |
| 163 |
Goose Finance EGG | Binance | 1.01% | 7.57% | $ 281.483K | 4 BTC | 77 ETH | |
| 76 |
ShibaSwap BONE | Ethereum | 0.90% | 9.56% | $ 5.937M | 83 BTC | 1.620K ETH | |
| 183 |
Liquid Driver LQDR | Fantom | 0.73% | 6.39% | $ 147.392K | 2 BTC | 40 ETH | |
| 29 |
StakeDAO SDT | Ethereum | 0.73% | -13.30% | $ 147.897M | 2.062K BTC | 40.351K ETH | |
| 71 |
Inverse Finance INV | Ethereum | 0.58% | -3.43% | $ 8.614M | 120 BTC | 2.350K ETH | |
| 239 |
Firebird HOPE | Polygon | 0.55% | -1.35% | $ 18.917K | 0 BTC | 5 ETH | |
| 236 |
TrueFi TRU | Ethereum | 0.54% | 0.64% | $ 21.852K | 0 BTC | 6 ETH | |
| 25 |
Yearn Finance YFI | Ethereum | 0.50% | 14.21% | $ 273.020M | 3.807K BTC | 74.489K ETH | |
| 116 |
SpookySwap BOO | Fantom | 0.37% | 7.69% | $ 1.188M | 17 BTC | 324 ETH | |
| 41 |
AnySwap ANY | Multi-Chain | 0.35% | 4.45% | $ 46.616M | 650 BTC | 12.718K ETH | |
| 220 |
BXH BXH | Heco | 0.31% | -1.46% | $ 40.676K | 1 BTC | 11 ETH | |
| 9 |
Pendle PENDLE | Ethereum | 0.27% | 3.06% | $ 2.218B | 30.933K BTC | 605.207K ETH | |
| 90 |
Bunny BUNNY | Binance | 0.23% | 4.78% | $ 3.385M | 47 BTC | 923 ETH | |
| 164 |
Basis Cash BAC | Ethereum | 0.13% | 0.43% | $ 268.867K | 4 BTC | 73 ETH | |
| 92 |
mStable MTA | Multi-Chain | 0.13% | 0.15% | $ 3.202M | 45 BTC | 874 ETH | |
| 136 |
Bearn BFI | Binance | 0.12% | 0.15% | $ 598.891K | 8 BTC | 163 ETH | |
| 110 |
Ellipsis Finance EPS | Binance | 0.09% | 0.59% | $ 1.237M | 17 BTC | 337 ETH | |
| 137 |
Smoothy SMTY | Ethereum | 0.06% | 0.10% | $ 499.650K | 7 BTC | 136 ETH | |
| 114 |
Depth DEP | Heco | 0.05% | 0.99% | $ 1.176M | 16 BTC | 321 ETH | |
| 157 |
Iron Finance IRON | Multi-Chain | 0.05% | 0.01% | $ 315.965K | 4 BTC | 86 ETH | |
| 63 |
ACryptoS ACS | Binance | 0.04% | 0.06% | $ 10.570M | 147 BTC | 2.884K ETH | |
| 50 |
dHEDGE DHT | Ethereum | 0.03% | 0.07% | $ 25.247M | 352 BTC | 6.888K ETH | |
| 147 |
yAxis YAX | Ethereum | 0.02% | 0.71% | $ 395.834K | 6 BTC | 108 ETH | |
| 268 |
Gondola Finance GDL | Avalanche | 0.01% | 0.85% | $ 67 | 0 BTC | 0 ETH | |
| 144 |
APY.Finance APY | Ethereum | 0.01% | 0.01% | $ 414.039K | 6 BTC | 113 ETH | |
| 243 |
Qilin QI | Ethereum | 0.01% | 0.00% | $ 13.997K | 0 BTC | 4 ETH | |
| 64 |
Sovryn SOV | RSK | 0.01% | 3.07% | $ 9.970M | 139 BTC | 2.720K ETH | |
| 158 |
Swerve SWRV | Ethereum | 0.00% | 0.00% | $ 305.338K | 4 BTC | 83 ETH | |
| 269 |
S Finance SFG | Ethereum | -0.01% | 0.03% | $ 34 | 0 BTC | 0 ETH | |
| 120 |
dForce DF | Multi-Chain | -0.03% | -0.10% | $ 1.036M | 14 BTC | 283 ETH | |
| 223 |
CompliFi COMFI | Multi-Chain | -0.04% | 0.09% | $ 37.252K | 1 BTC | 10 ETH | |
| 105 |
Nerve NRV | Binance | -0.04% | -7.17% | $ 1.491M | 21 BTC | 407 ETH | |
| 81 |
cVault.finance CORE | Ethereum | -0.05% | 0.17% | $ 5.133M | 72 BTC | 1.401K ETH | |
| 53 |
Injective Protocol INJ | Ethereum | -0.05% | -0.83% | $ 16.570M | 231 BTC | 4.521K ETH | |
| 161 |
Jarvis Network JRT | Ethereum | -0.05% | -0.86% | $ 290.058K | 4 BTC | 79 ETH | |
| 151 |
Volmex | Ethereum | -0.06% | -0.09% | $ 370.693K | 5 BTC | 101 ETH | |
| 178 |
Dopple Finance DOP | Binance | -0.06% | 0.00% | $ 162.872K | 2 BTC | 44 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.