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 | -1.08% | 5.65% | $ 19.284B | 269.603K BTC | 5.261M ETH | |
| 2 |
WBTC WBTC | Ethereum | -0.68% | 4.27% | $ 8.338B | 116.564K BTC | 2.275M ETH | |
| 3 |
AAVE AAVE | Multi-Chain | 0.00% | 0.00% | $ 8.155B | 114.005K BTC | 2.225M ETH | |
| 4 |
MakerDAO MKR | Ethereum | -0.74% | 8.77% | $ 7.382B | 103.204K BTC | 2.014M ETH | |
| 5 |
Curve CRV | Multi-Chain | 0.00% | 0.00% | $ 7.105B | 99.328K BTC | 1.938M ETH | |
| 6 |
PancakeSwap CAKE | Binance | 0.00% | 0.00% | $ 3.782B | 52.874K BTC | 1.032M ETH | |
| 7 |
InstaDApp INST | Ethereum | 0.00% | 0.00% | $ 2.481B | 34.685K BTC | 676.891K ETH | |
| 8 |
DefiChain DFI | DefiChain | 0.00% | 0.00% | $ 2.209B | 30.883K BTC | 602.693K ETH | |
| 9 |
Pendle PENDLE | Ethereum | -0.10% | 2.68% | $ 2.210B | 30.898K BTC | 602.992K ETH | |
| 10 |
Uniswap UNI | Ethereum | 0.00% | 0.00% | $ 1.602B | 22.400K BTC | 437.141K ETH | |
| 11 |
Venus XVS | Binance | -2.48% | -6.54% | $ 1.246B | 17.418K BTC | 339.915K ETH | |
| 12 |
Raydium RAY | Solana | -1.32% | 5.81% | $ 1.045B | 14.612K BTC | 285.167K ETH | |
| 13 |
StakeWise SWISE | Ethereum | -1.49% | 7.29% | $ 870.211M | 12.166K BTC | 237.422K ETH | |
| 14 |
Balancer BAL | Ethereum | 0.00% | 0.00% | $ 802.980M | 11.226K BTC | 219.079K ETH | |
| 15 |
SushiSwap SUSHI | Multi-Chain | 0.00% | 0.00% | $ 789.729M | 11.041K BTC | 215.464K ETH | |
| 16 |
Convex Finance CVX | Ethereum | -1.47% | 2.37% | $ 685.067M | 9.577K BTC | 186.909K ETH | |
| 17 |
MDEX MDX | Multi-Chain | 0.00% | 0.00% | $ 668.604M | 9.347K BTC | 182.417K ETH | |
| 18 |
BiSwap BSW | Binance | 0.00% | 0.00% | $ 508.456M | 7.108K BTC | 138.723K ETH | |
| 19 |
Tornado Cash TORN | Ethereum | -1.85% | 5.51% | $ 508.554M | 7.110K BTC | 138.750K ETH | |
| 20 |
DefiSaver | Ethereum | 0.00% | 0.00% | $ 439.164M | 6.140K BTC | 119.818K ETH | |
| 21 |
Quickswap QUICK | Polygon | 0.00% | 0.00% | $ 401.680M | 5.616K BTC | 109.591K ETH | |
| 22 |
Lightning Network | Bitcoin | 0.05% | 5.90% | $ 348.989M | 4.879K BTC | 95.216K ETH | |
| 23 |
xDAI Stake STAKE | Multi-Chain | -0.44% | 3.29% | $ 299.180M | 4.183K BTC | 81.626K ETH | |
| 24 |
Orca | Solana | -4.19% | -0.86% | $ 252.325M | 3.528K BTC | 68.843K ETH | |
| 25 |
Yearn Finance YFI | Ethereum | 0.64% | 14.36% | $ 273.386M | 3.822K BTC | 74.589K ETH | |
| 26 |
Connext | Multi-Chain | -1.48% | 5.62% | $ 206.550M | 2.888K BTC | 56.354K ETH | |
| 27 |
Liquity LQTY | Ethereum | -0.95% | 6.19% | $ 162.610M | 2.273K BTC | 44.365K ETH | |
| 28 |
Beefy Finance BIFI | Multi-Chain | -1.19% | 1.13% | $ 147.093M | 2.056K BTC | 40.132K ETH | |
| 29 |
StakeDAO SDT | Ethereum | 0.57% | -13.45% | $ 147.652M | 2.064K BTC | 40.284K ETH | |
| 30 |
Compound COMP | Ethereum | -0.91% | 3.94% | $ 139.499M | 1.950K BTC | 38.060K ETH | |
| 31 |
Fantom FTM | Fantom | 0.00% | 0.00% | $ 117.141M | 1.638K BTC | 31.960K ETH | |
| 32 |
Nexus Mutual NXM | Ethereum | -1.70% | 5.20% | $ 101.531M | 1.419K BTC | 27.701K ETH | |
| 33 |
Enzyme Finance MLN | Ethereum | -0.99% | 3.98% | $ 85.605M | 1.197K BTC | 23.356K ETH | |
| 34 |
Belt Finance BELT | Binance | 0.00% | 0.00% | $ 74.967M | 1.048K BTC | 20.453K ETH | |
| 35 |
Alpha Finance ALPHA | Multi-Chain | 0.00% | 0.00% | $ 71.578M | 1.001K BTC | 19.529K ETH | |
| 36 |
ApeSwap BANANA | Multi-Chain | 0.00% | 0.00% | $ 61.966M | 866 BTC | 16.906K ETH | |
| 37 |
Pangolin PNG | Avalanche | 0.00% | 0.00% | $ 60.172M | 841 BTC | 16.417K ETH | |
| 38 |
Frax FXS | Ethereum | 3.61% | 10.94% | $ 59.276M | 829 BTC | 16.173K ETH | |
| 39 |
Parrot Protocol PAI | Solana | 0.00% | 0.00% | $ 51.758M | 724 BTC | 14.121K ETH | |
| 40 |
Kava KAVA | Kava | -0.60% | 4.31% | $ 50.655M | 708 BTC | 13.820K ETH | |
| 41 |
AnySwap ANY | Multi-Chain | 0.20% | 4.30% | $ 46.547M | 651 BTC | 12.700K ETH | |
| 42 |
Secret Bridge | Secret | 0.00% | 0.00% | $ 44.881M | 627 BTC | 12.245K ETH | |
| 43 |
MoneyOnChain MOC | RSK | -0.67% | 6.09% | $ 41.290M | 577 BTC | 11.265K ETH | |
| 44 |
Snowball SNOB | Avalanche | 0.00% | 0.00% | $ 40.207M | 562 BTC | 10.970K ETH | |
| 45 |
dYdX | Ethereum | -0.18% | 0.51% | $ 39.482M | 552 BTC | 10.772K ETH | |
| 46 |
Fuse FUSE | Ethereum | 0.00% | 0.00% | $ 38.342M | 536 BTC | 10.461K ETH | |
| 47 |
Vesper VSP | Ethereum | -0.87% | 3.90% | $ 36.933M | 516 BTC | 10.077K ETH | |
| 48 |
Alpaca Finance ALPACA | Binance | -0.05% | 4.53% | $ 32.391M | 453 BTC | 8.837K ETH | |
| 49 |
Alchemix ALCX | Ethereum | -1.38% | 4.91% | $ 30.746M | 430 BTC | 8.389K ETH | |
| 50 |
dHEDGE DHT | Ethereum | 0.04% | 0.08% | $ 25.250M | 353 BTC | 6.889K 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.