Total Value Locked (USD)

$80.57B

Maker Dominance

16.64%

DeFi Pulse Index

582.90

+9.49
(+1.65%)

Available fromTokenSets

Total Value Locked (USD) in DeFi

TVL (USD)
ETH
BTC

All
1 Year
90 Day
30 Day

Lending

DEXes

Derivatives

Payments

Assets

		Name	Chain	Category	Locked (USD)	1 Day %
🏆	1.	Maker	Ethereum	Lending	$13.41B	1.80%
🥈	2.	Aave	Ethereum	Lending	$10.98B	-1.04%
🥉	3.	Compound	Ethereum	Lending	$10.67B	4.75%
	4.	Uniswap	Ethereum	DEXes	$7.65B	6.67%
	5.	Curve Finance	Ethereum	DEXes	$7.50B	5.95%
	6.	SushiSwap	Ethereum	DEXes	$5.33B	-0.69%
	7.	InstaDApp	Ethereum	Lending	$5.07B	1.19%
	8.	Liquity	Ethereum	Lending	$4.03B	1.22%
	9.	yearn.finance	Ethereum	Assets	$3.87B	2.89%
	10.	Polygon	Ethereum	Payments	$3.77B	-2.22%
	11.	Balancer	Ethereum	DEXes	$2.52B	1.27%
	12.	Bancor	Ethereum	DEXes	$2.25B	0.64%
	13.	Synthetix	Ethereum	Derivatives	$2.20B	1.80%
	14.	Flexa	Ethereum	Payments	$1.66B	-7.05%
	15.	Vesper	Ethereum	Assets	$1.57B	0.01%
	16.	Alpha Homora	Ethereum	Lending	$1.34B	4.00%
	17.	DeFi Saver	Ethereum	Lending	$1.21B	3.14%
	18.	Badger DAO	Ethereum	Assets	$896.2M	-3.22%
	19.	Tornado Cash	Ethereum	Payments	$697.1M	1.75%
	20.	RenVM	Ethereum	Assets	$668.9M	-3.60%
	21.	Nexus Mutual	Ethereum	Derivatives	$581.7M	2.07%
	22.	C.R.E.A.M. Finance	Ethereum	Lending	$570.2M	1.22%
	23.	KeeperDAO	Ethereum	Lending	$569.2M	2.00%
	24.	Integral	Ethereum	DEXes	$420.8M	2.13%
	25.	1inch Liquidity Protocol	Ethereum	DEXes	$368.6M	-1.77%
	26.	Harvest Finance	Ethereum	Assets	$326.6M	1.71%
	27.	Reflexer	Ethereum	Lending	$310.6M	2.63%
	28.	KEEP Network	Ethereum	Assets	$283.6M	2.04%
	29.	dYdX	Ethereum	Lending	$270.1M	1.62%
	30.	B.Protocol	Ethereum	Lending	$250.9M	-5.93%
	31.	Set Protocol	Ethereum	Assets	$240.6M	0.07%
	32.	Loopring	Ethereum	DEXes	$236.5M	-1.56%
	33.	Idle Finance	Ethereum	Lending	$198.7M	3.46%
	34.	Index Coop	Ethereum	Assets	$180.3M	0.26%
	35.	yAxis	Ethereum	Assets	$160.4M	-4.98%
	36.	TrueFi	Ethereum	Lending	$98.7M	3.45%
	37.	Saddle	Ethereum	DEXes	$90.2M	3.24%
	38.	xDai	Ethereum	Payments	$88.3M	3.85%
	39.	Metronome	Ethereum	Assets	$88.0M	2.22%
	40.	BarnBridge	Ethereum	Derivatives	$86.4M	11.07%
	41.	DODO	Ethereum	DEXes	$82.3M	0.53%
	42.	Lightning Network	Bitcoin	Payments	$74.6M	2.66%
	43.	DeFi Swap	Ethereum	DEXes	$70.8M	2.02%
	44.	HEGIC	Ethereum	Derivatives	$67.9M	2.31%
	45.	mStable	Ethereum	Assets	$61.2M	0.95%
	46.	Futureswap	Ethereum	Derivatives	$61.1M	-0.12%
	47.	88mph	Ethereum	Lending	$45.7M	0.45%
	48.	Opyn	Ethereum	Derivatives	$41.3M	2.09%
	49.	DerivaDEX	Ethereum	Derivatives	$37.8M	0.58%
	50.	Bella Flex Saving	Ethereum	Assets	$37.4M	0.66%
	51.	Enzyme Finance	Ethereum	Assets	$36.1M	1.29%
	52.	OnX Finance	Ethereum	Lending	$35.5M	-7.61%
	53.	Gnosis	Ethereum	DEXes	$34.2M	0.70%
	54.	bZx	Ethereum	Lending	$31.5M	2.35%
	55.	Swerve Finance	Ethereum	DEXes	$30.6M	1.19%
	56.	WePiggy	Ethereum	Lending	$29.3M	0.51%
	57.	Cryptex	Ethereum	Derivatives	$27.9M	1.71%
	58.	Mushrooms Finance	Ethereum	Assets	$27.6M	2.02%
	59.	dHEDGE	Ethereum	Assets	$26.8M	2.04%
	60.	Impermax	Ethereum	Lending	$26.5M	41.10%
	61.	Pickle Finance	Ethereum	Assets	$26.2M	1.98%
	62.	IDEX	Ethereum	DEXes	$24.5M	1.33%
	63.	Inverse	Ethereum	Assets	$24.5M	0.09%
	64.	PowerIndex	Ethereum	DEXes	$22.9M	-0.50%
	65.	DeversiFi	Ethereum	DEXes	$22.7M	1.29%
	66.	Shell	Ethereum	DEXes	$21.7M	1.06%
	67.	Notional	Ethereum	Lending	$20.3M	1.70%
	68.	Erasure	Ethereum	Derivatives	$17.7M	-2.27%
	69.	Kyber	Ethereum	DEXes	$14.7M	0.50%
	70.	dForce	Ethereum	Assets	$14.0M	-2.42%
	71.	DefiDollar	Ethereum	Assets	$13.4M	-0.09%
	72.	PerlinX	Ethereum	Derivatives	$12.9M	-1.06%
	73.	DDEX	Ethereum	Lending	$12.6M	1.92%
	74.	Siren	Ethereum	Derivatives	$11.2M	-9.65%
	75.	Cover Protocol	Ethereum	Derivatives	$7.4M	0.26%
	76.	DEXTF	Ethereum	Assets	$6.8M	-4.29%
	77.	Opium Network	Ethereum	Derivatives	$6.6M	-0.25%
	78.	Auctus	Ethereum	Derivatives	$6.4M	0.49%
	79.	ForTube	Ethereum	Lending	$5.8M	4.35%
	80.	Value DeFi	Ethereum	Assets	$5.1M	-22.72%
	81.	cvault.finance	Ethereum	Assets	$4.6M	-0.15%
	82.	Augur	Ethereum	Derivatives	$4.5M	1.94%
	83.	Snowswap	Ethereum	DEXes	$4.3M	2.14%
	84.	LINKSWAP	Ethereum	DEXes	$4.1M	1.03%
	85.	PieDAO	Ethereum	Assets	$4.0M	-0.72%
	86.	C.R.E.A.M. Swap	Ethereum	DEXes	$3.7M	2.69%
	87.	MCDEX	Ethereum	Derivatives	$2.6M	1.93%
	88.	Value Liquid	Ethereum	DEXes	$1.1M	-1.86%
	89.	QIAN	Ethereum	Lending	$1.0M	5.32%
	90.	Primitive	Ethereum	Derivatives	$898.9K	-0.95%
	91.	S Finance	Ethereum	DEXes	$898.1K	0.33%
	92.	PEAKDEFI	Ethereum	Assets	$677.2K	0.46%
	93.	DeFiner	Ethereum	Lending	$415.7K	2.83%
	94.	DFI.money	Ethereum	Assets	$322.8K	1.03%
	95.	UniTrade	Ethereum	DEXes	$187.7K	-0.50%
	96.	RAY	Ethereum	Lending	$30.1K	0.69%
	97.	Connext	Ethereum	Payments	$12.8K	-0.02%

What is DeFi?

DeFi is an abbreviation of the phrase decentralized finance which generally refers to digital assets and financial smart contracts, protocols, and decentralized applications (DApps), most of which are built on Ethereum. In simpler terms, it's financial software built on the blockchain that can be pieced together like Money Legos. Read more about DeFi.

What’s the purpose of DeFi Pulse?

DeFi Pulse is a site where you can find the latest analytics and rankings of DeFi protocols. Our rankings track the total value locked into the smart contracts of popular DeFi applications and protocols. Additionally, we curate The DeFi List, a collection of the best resources in DeFi, and DeFi Pulse Farmer, a newsletter covering the latest news and opportunities in DeFi.

How do we calculate total value locked (TVL)?

DeFi Pulse monitors each protocol’s underlying smart contracts on the Ethereum blockchain. Every hour, we refresh our charts by pulling the total balance of Ether (ETH) and ERC-20 tokens held by these smart contracts. TVL(USD) is calculated by taking these balances and multiplying them by their price in USD. You can view the open source project adapters that power our metrics here.

How do I get involved in DeFi?

Decentralized finance is open for anyone to take part in. You can start by exploring the resources found on The DeFi List. Stay informed on the latest news and opportunities in DeFi by subscribing to the DeFi Pulse Farmer newsletter. And if you’re looking to dive head first into the world of DeFi, we’ve written a beginner’s guide called Zero to DeFi. It will teach you the basics, guiding you through how to start earning passive income via DeFi lending services.

How do I get my project listed on DeFi Pulse?

Check out this step by step guide on how projects can partner with DeFi Pulse to join the DeFi Pulse Leaderboard.