Founder Fireside Chat with Farmwell of ThalesRead on the DeFi Pulse Blog

Total Value Locked (USD)

$69.56B

Aave Dominance

15.86%

DeFi Pulse Index

315.51
+14.95
(+4.97%)

Available fromTokenSets

Total Value Locked (USD) in DeFi

  • TVL (USD)
  • ETH
  • BTC
  • All
  • 1 Year
  • 90 Day
  • 30 Day
defipulse chart
Chainlink Banner
Lending
DEXes
Derivatives
Payments
Assets
defipulse small logoNameChainCategory1 Day %
🏆
1.
Aave
Multichain
Lending
$12.96B
8.45%
🥈
2.
Compound
Ethereum
Lending
$8.87B
3.47%
🥉
3.
Curve Finance
Multichain
DEXes
$8.83B
4.30%
4.
InstaDApp
Ethereum
Lending
$8.73B
3.70%
5.
Maker
Ethereum
Lending
$7.38B
4.96%
6.
Uniswap
Ethereum
DEXes
$6.06B
6.51%
7.
Convex Finance
Ethereum
Assets
$4.75B
4.10%
8.
yearn.finance
Ethereum
Assets
$3.33B
1.14%
9.
SushiSwap
Ethereum
DEXes
$3.25B
-2.59%
10.
Liquity
Ethereum
Lending
$1.88B
3.93%
11.
Flexa
Ethereum
Payments
$1.70B
3.76%
12.
Balancer
Ethereum
DEXes
$1.56B
4.03%
13.
Synthetix
Ethereum
Derivatives
$1.47B
4.62%
14.
Bancor
Ethereum
DEXes
$1.37B
6.67%
15.
Quickswap
Polygon
DEXes
$1.09B
1.71%
16.
Alpha Homora
Ethereum
Lending
$868.7M
-15.42%
17.
Tornado Cash
Ethereum
Payments
$665.8M
4.81%
18.
C.R.E.A.M. Finance
Ethereum
Lending
$599.6M
27.42%
19.
Fei Protocol
Ethereum
Assets
$578.7M
3.60%
20.
RenVM
Ethereum
Assets
$525.6M
5.98%
21.
Badger DAO
Ethereum
Assets
$518.5M
4.25%
22.
Vesper
Ethereum
Assets
$437.6M
4.74%
23.
Alchemix
Ethereum
Lending
$437.1M
0.59%
24.
Harvest Finance
Ethereum
Assets
$406.0M
7.00%
25.
Nexus Mutual
Ethereum
Derivatives
$397.0M
4.35%
26.
Kyber
Ethereum
DEXes
$354.7M
3.00%
27.
DeFi Saver
Ethereum
Lending
$334.1M
-4.23%
28.
Sablier
Ethereum
Payments
$319.0M
1.66%
29.
BarnBridge
Ethereum
Derivatives
$259.6M
-0.41%
30.
TrueFi
Ethereum
Lending
$198.8M
2.18%
31.
Set Protocol
Ethereum
Assets
$198.6M
5.91%
32.
Idle Finance
Ethereum
Lending
$178.7M
0.76%
33.
dYdX
Ethereum
Derivatives
$178.3M
2.02%
34.
Enzyme Finance
Ethereum
Assets
$167.5M
4.56%
35.
Index Coop
Ethereum
Assets
$162.9M
5.86%
36.
O3 Swap
Ethereum
Assets
$159.3M
0.70%
37.
Saddle
Ethereum
DEXes
$145.0M
2.70%
38.
xDai
Ethereum
Payments
$128.4M
0.37%
39.
KEEP Network
Ethereum
Assets
$124.8M
4.04%
40.
Loopring
Ethereum
DEXes
$123.6M
3.44%
41.
Pickle Finance
Ethereum
Assets
$119.9M
2.28%
42.
Reflexer
Ethereum
Lending
$106.5M
5.77%
43.
UMA
Ethereum
Derivatives
$98.6M
2.69%
44.
Integral
Ethereum
DEXes
$90.7M
4.44%
45.
Ribbon Finance
Ethereum
Derivatives
$89.0M
-1.96%
46.
Lightning Network
Bitcoin
Payments
$86.2M
7.39%
47.
Opyn
Ethereum
Derivatives
$74.6M
1.26%
48.
Olympus
Ethereum
Assets
$65.7M
-7.15%
49.
DODO
Ethereum
DEXes
$65.1M
1.47%
50.
mStable
Ethereum
Assets
$60.6M
1.07%
51.
Metronome
Ethereum
Assets
$60.4M
4.64%
52.
DeFi Swap
Ethereum
DEXes
$47.4M
3.94%
53.
HEGIC
Ethereum
Derivatives
$44.7M
5.15%
54.
DerivaDEX
Ethereum
Derivatives
$39.4M
-0.18%
55.
dForce
Ethereum
Lending
$34.7M
3.46%
56.
1inch Liquidity Protocol
Ethereum
DEXes
$33.9M
6.55%
57.
B.Protocol
Ethereum
Lending
$26.3M
2.16%
58.
Bella Flex Saving
Ethereum
Assets
$25.2M
2.62%
59.
BiFi
Ethereum
Lending
$25.2M
5.45%
60.
Swerve Finance
Ethereum
DEXes
$23.7M
0.45%
61.
DefiDollar
Ethereum
Assets
$23.3M
0.01%
62.
88mph
Ethereum
Lending
$22.8M
2.35%
63.
Gnosis
Ethereum
DEXes
$22.8M
4.33%
64.
bZx
Ethereum
Lending
$22.6M
8.85%
65.
DeversiFi
Ethereum
DEXes
$22.5M
4.76%
66.
dHEDGE
Ethereum
Assets
$19.3M
1.94%
67.
WePiggy
Ethereum
Lending
$18.2M
4.85%
68.
Inverse
Ethereum
Assets
$16.9M
-7.00%
69.
Mushrooms Finance
Ethereum
Assets
$15.3M
5.32%
70.
Ruler Protocol
Ethereum
Lending
$14.2M
-0.76%
71.
DFX Finance
Ethereum
DEXes
$13.7M
-2.07%
72.
IDEX
Ethereum
DEXes
$12.8M
2.51%
73.
Erasure
Ethereum
Derivatives
$12.2M
4.58%
74.
KeeperDAO
Ethereum
Lending
$12.2M
-1.73%
75.
Notional
Ethereum
Lending
$11.7M
3.28%
76.
Shell
Ethereum
DEXes
$11.6M
0.12%
77.
Wing Finance
Ethereum
Lending
$10.0M
4.75%
78.
Cryptex
Ethereum
Derivatives
$9.3M
4.55%
79.
Siren
Ethereum
Derivatives
$8.0M
0.96%
80.
OnX Finance
Ethereum
Lending
$7.9M
4.13%
81.
DDEX
Ethereum
Lending
$7.5M
3.43%
82.
yAxis
Ethereum
Assets
$6.8M
-0.41%
83.
DeFireX
Ethereum
Assets
$6.6M
-0.20%
84.
PowerIndex
Ethereum
DEXes
$6.4M
5.27%
85.
PerlinX
Ethereum
Derivatives
$5.2M
4.43%
86.
Impermax
Ethereum
Lending
$4.9M
5.09%
87.
Warp Finance
Ethereum
Lending
$4.9M
2.19%
88.
Nsure Network
Ethereum
Derivatives
$4.7M
5.29%
89.
Tranche
Ethereum
Derivatives
$4.5M
-0.81%
90.
cvault.finance
Ethereum
Assets
$3.7M
4.70%
91.
Crypto Volatility Index
Ethereum
Derivatives
$3.5M
5.02%
92.
C.R.E.A.M. Swap
Ethereum
DEXes
$3.1M
4.34%
93.
Opium Network
Ethereum
Derivatives
$2.4M
4.81%
94.
Augur
Ethereum
Derivatives
$1.9M
5.06%
95.
MCDEX
Ethereum
Derivatives
$1.7M
4.37%
96.
Auctus
Ethereum
Derivatives
$1.6M
0.57%
97.
PieDAO
Ethereum
Assets
$1.6M
7.03%
98.
Futureswap
Ethereum
Derivatives
$1.2M
1.04%
99.
DEXTF
Ethereum
Assets
$1.1M
4.83%
100.
Snowswap
Ethereum
DEXes
$1.1M
13.61%
101.
DeFiner
Ethereum
Lending
$893.8K
-7.05%
102.
Cover Protocol
Ethereum
Derivatives
$841.5K
-0.32%
103.
ForTube
Ethereum
Lending
$699.7K
5.10%
104.
PEAKDEFI
Ethereum
Assets
$680.7K
0.04%
105.
Value DeFi
Ethereum
Assets
$643.8K
2.96%
106.
Varen
Ethereum
DEXes
$617.9K
9.90%
107.
Value Liquid
Ethereum
DEXes
$407.6K
4.70%
108.
S Finance
Ethereum
DEXes
$364.5K
-0.20%
109.
Primitive
Ethereum
Derivatives
$354.4K
4.49%
110.
DFI.money
Ethereum
Assets
$287.3K
4.06%
111.
QIAN
Ethereum
Lending
$226.5K
0.63%
112.
UniTrade
Ethereum
DEXes
$165.6K
-3.69%
113.
RAY
Ethereum
Lending
$36.8K
3.31%
114.
Premia
Ethereum
Derivatives
$12.9K
5.06%
115.
Connext
Ethereum
Payments
-
-

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, DeFi Pulse Farmer, a newsletter covering the latest news and opportunities in DeFi. You can also learn about developments and opportunities in the Polkadot and Kusama ecosystem by subscribing to our Dot Pulse newsletter.

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. You can also learn about developments and opportunities in the Polkadot and Kusama ecosystem by subscribing to our Dot Pulse 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.