Total Value Locked (USD)

$13.11B

Maker Dominance

19.18%

DeFi Pulse Index

96.80

+4.88
(+5.31%)

Available fromTokenSets

Total Value Locked (USD) in DeFi

TVL (USD)
ETH
BTC

All
1 Year
90 Day
30 Day

All

Lending

DEXes

Derivatives

Payments

Assets

		Name	Chain	Category	Locked (USD)	1 Day %
🏆	1.	Maker	Ethereum	Lending	$2.51B	4.64%
🥈	2.	WBTC	Ethereum	Assets	$2.13B	3.03%
🥉	3.	Compound	Ethereum	Lending	$1.49B	4.97%
	4.	Aave	Ethereum	Lending	$1.32B	6.77%
	5.	Uniswap	Ethereum	DEXes	$1.26B	1.75%
	6.	Curve Finance	Ethereum	DEXes	$888.1M	0.76%
	7.	Synthetix	Ethereum	Derivatives	$706.3M	4.77%
	8.	Harvest Finance	Ethereum	Assets	$649.5M	2.58%
	9.	SushiSwap	Ethereum	DEXes	$611.9M	8.25%
	10.	yearn.finance	Ethereum	Assets	$428.3M	-0.09%
	11.	Balancer	Ethereum	DEXes	$357.4M	2.82%
	12.	RenVM	Ethereum	Assets	$337.5M	2.85%
	13.	InstaDApp	Ethereum	Lending	$176.7M	0.81%
	14.	Flexa	Ethereum	Payments	$122.2M	5.84%
	15.	C.R.E.A.M. Finance	Ethereum	Lending	$117.3M	3.52%
	16.	Nexus Mutual	Ethereum	Derivatives	$87.2M	2.79%
	17.	Bancor	Ethereum	DEXes	$78.1M	4.67%
	18.	HEGIC	Ethereum	Derivatives	$68.8M	6.18%
	19.	dForce	Ethereum	Assets	$59.1M	1.11%
	20.	Alpha Homora	Ethereum	Lending	$54.6M	19.92%
	21.	dYdX	Ethereum	Lending	$42.7M	2.44%
	22.	Set Protocol	Ethereum	Assets	$42.6M	2.67%
	23.	mStable	Ethereum	Assets	$32.5M	-1.19%
	24.	Swerve Finance	Ethereum	DEXes	$30.0M	-0.14%
	25.	ForTube	Ethereum	Lending	$27.4M	1.79%
	26.	Lightning Network	Bitcoin	Payments	$18.3M	3.32%
	27.	DODO	Ethereum	DEXes	$17.4M	-12.91%
	28.	bZx	Ethereum	Lending	$17.2M	1.17%
	29.	Metronome	Ethereum	Assets	$13.9M	0.10%
	30.	Gnosis	Ethereum	DEXes	$11.0M	30.48%
	31.	Kyber	Ethereum	DEXes	$10.4M	-5.32%
	32.	DFI.money	Ethereum	Assets	$10.2M	-0.16%
	33.	Loopring	Ethereum	DEXes	$7.5M	-0.96%
	34.	DeversiFi	Ethereum	DEXes	$4.7M	3.18%
	35.	Erasure	Ethereum	Derivatives	$4.6M	15.45%
	36.	xDai	Ethereum	Payments	$4.5M	1.33%
	37.	Value DeFi	Ethereum	Assets	$4.0M	-24.40%
	38.	DDEX	Ethereum	Lending	$3.0M	2.23%
	39.	PieDAO	Ethereum	Assets	$2.7M	4.67%
	40.	Opyn	Ethereum	Derivatives	$2.5M	18.31%
	41.	Melon	Ethereum	Assets	$2.2M	2.85%
	42.	DeFiner	Ethereum	Lending	$2.0M	2.55%
	43.	MCDEX	Ethereum	Derivatives	$1.7M	5.14%
	44.	Augur	Ethereum	Derivatives	$790.3K	4.04%
	45.	RAY	Ethereum	Lending	$678.1K	0.01%
	46.	PerlinX	Ethereum	Derivatives	$314.4K	3.67%
	47.	Opium Network	Ethereum	Derivatives	$101.3K	2.75%
	48.	Auctus	Ethereum	Derivatives	$24.5K	193.05%
	49.	Connext	Ethereum	Payments	$12.8K	-0.17%

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.