Total Value Locked (USD)


Maker Dominance


DeFi Pulse Index

Available from
set token

  • TVL (USD)
  • ETH
  • BTC
  • All
  • 1 Year
  • 90 Day
  • 30 Day
1Maker project iconMaker$16.48B-3.59%
2Curve Finance project iconCurve Finance$14.41B-1.95%
3Convex Finance project iconConvex Finance$11.95B-1.89%
4Aave project iconAave$11.01B-5.47%
5Uniswap project iconUniswap$8.29B6.48%
6Compound project iconCompound$7.83B-5.53%
7InstaDApp project iconInstaDApp$6.86B-32.78% project$3.84B-3.99%
9Balancer project iconBalancer$2.19B-1.68%
10SushiSwap project iconSushiSwap$2.17B-9.12%
11Liquity project iconLiquity$1.98B-9.19%
12Bancor project iconBancor$1.84B-0.05%
13Flexa project iconFlexa$1.07B-11.08%
14dYdX project icondYdX$947.9M-3.99%
15Rari Capital project iconRari Capital$878.7M-19.36%
16C.R.E.A.M. Finance project iconC.R.E.A.M. Finance$805.8M-1.10%
17RenVM project iconRenVM$767.7M-2.29%
18Alpha Homora project iconAlpha Homora$763.1M0.78%
19Alchemix project iconAlchemix$673.1M-8.37%
20TrueFi project iconTrueFi$672.9M-24.36%
21Badger DAO project iconBadger DAO$662.9M-3.61%
22DeFi Saver project iconDeFi Saver$628.6M-5.88%
23Quickswap project iconQuickswap$546.2M-16.67%
24Fei Protocol project iconFei Protocol$543.7M-5.83%
25Nexus Mutual project iconNexus Mutual$489.9M-6.63%
26Synthetix project iconSynthetix$487.7M-5.96%
27Tornado Cash project iconTornado Cash$487.5M-6.49%
28Notional project iconNotional$466.0M-6.54%
29Loopring project iconLoopring$397.3M-10.52%
30Index Coop project iconIndex Coop$390.6M-9.41%
31Origin Dollar project iconOrigin Dollar$281.2M0.12%
32DefiDollar project iconDefiDollar$257.9M-0.71%
33Set Protocol project iconSet Protocol$230.6M-7.16%
34Harvest Finance project iconHarvest Finance$220.5M-3.10%
35Saddle project iconSaddle$192.4M0.10%
36Reflexer project iconReflexer$183.1M-3.64%
37Sablier project iconSablier$179.0M-16.32%
38Element Finance project iconElement Finance$176.6M1.02%
39B.Protocol project iconB.Protocol$161.1M3.93%
40KeeperDAO project iconKeeperDAO$156.9M-28.32%
41Ribbon Finance project iconRibbon Finance$151.8M-12.54%
42Vesper project iconVesper$147.3M-5.52%
43xDai project iconxDai$145.9M-8.36%
44Lightning Network project iconLightning Network$142.2M-3.24%
45mStable project iconmStable$134.2M2.28%
46Opyn project iconOpyn$132.3M0.31%
47KEEP Network project iconKEEP Network$127.4M-7.26%
48Enzyme Finance project iconEnzyme Finance$115.8M-5.20%
49Pickle Finance project iconPickle Finance$104.3M-6.73%
50QiDao project iconQiDao$84.8M2.23%
51Metronome project iconMetronome$77.4M-3.36%
52Idle Finance project iconIdle Finance$74.5M-1.50%
53BiFi project iconBiFi$73.0M4.01%
54Kyber project iconKyber$68.4M-2.30%
55DODO project iconDODO$60.3M-16.23%
56DerivaDEX project iconDerivaDEX$58.7M-3.18%
57BoringDAO project iconBoringDAO$51.0M-3.10%
58DeFi Swap project iconDeFi Swap$46.7M-5.16%
59Beta Finance project iconBeta Finance$42.9M-6.43%
60O3 Swap project iconO3 Swap$40.4M-6.30%
61Inverse project iconInverse$33.2M-15.69%
62DeversiFi project iconDeversiFi$32.3M-3.00%
631inch Liquidity Protocol project icon1inch Liquidity Protocol$30.6M-4.77%
64UMA project iconUMA$29.8M-5.55%
65Strike project iconStrike$28.2M0.86%
66Bella Flex Saving project iconBella Flex Saving$22.6M-16.87%
67Gnosis project iconGnosis$21.4M-7.14%
68Pendle Finance project iconPendle Finance$21.0M-7.75%
69dForce project icondForce$20.3M0.65%
70WePiggy project iconWePiggy$20.0M-33.68%
71BarnBridge project iconBarnBridge$19.7M-3.68%
72DFX Finance project iconDFX Finance$17.2M10.59%
73Shell project iconShell$16.0M-0.86%
74IDEX project iconIDEX$14.8M6.93%
75xToken project iconxToken$12.5M-6.81%
76bZx project iconbZx$12.1M-4.02%
77Premia project iconPremia$12.0M14.14%
78Hegic project iconHegic$11.9M-6.03%
7988mph project icon88mph$11.4M-11.87%
80Cryptex project iconCryptex$11.1M-8.41%
81InsurAce Protocol project iconInsurAce Protocol$9.4M-2.65%
82TRANCHE project iconTRANCHE$8.5M7.88%
83OnX Finance project iconOnX Finance$8.3M2.71%
84Integral project iconIntegral$8.3M-4.73%
85Gamma project iconGamma$7.7M-21.22%
86Erasure project iconErasure$7.7M-5.56%
87C.R.E.A.M. Swap project iconC.R.E.A.M. Swap$6.7M-1.85%
88DDEX project iconDDEX$6.2M-7.69%
89Opium Network project iconOpium Network$5.6M-3.89%
90Warp Finance project iconWarp Finance$5.1M2.00%
91Mushrooms Finance project iconMushrooms Finance$4.9M-3.32%
92Opium Network project iconOpium Network$4.1M-6.35%
93Crypto Volatility Index project iconCrypto Volatility Index$3.7M-2.40%
94PowerIndex project iconPowerIndex$2.9M-4.92% project$2.9M0.62%
96Convergence project iconConvergence$2.9M-11.46%
97DFX Finance project iconDFX Finance$2.7M12.13%
98Wing Finance project iconWing Finance$2.6M-2.58%
99Nsure Network project iconNsure Network$2.4M-12.74%
100Augur project iconAugur$2.4M0.00%
101MCDEX project iconMCDEX$2.1M-0.81%
102Impermax project iconImpermax$2.0M-9.67%
103Swerve Finance project iconSwerve Finance$1.8M-16.97%
104PieDAO project iconPieDAO$1.6M-9.86%
105Pods project iconPods$1.2M2.27%
106Snowswap project iconSnowswap$1.2M-6.23% project$1.2M-0.95%
108Siren project iconSiren$987.3K-4.76%
109Lien project iconLien$981.4K-6.80%
110UniTrade project iconUniTrade$893.3K-7.18%
111Cover Protocol project iconCover Protocol$815.6K-0.98%
112ForTube project iconForTube$761.1K-1.64%
113PEAKDEFI project iconPEAKDEFI$754.3K-5.06%
114DeFiner project iconDeFiner$711.6K-1.13%
115Volmex Finance project iconVolmex Finance$694.2K0.40%
116Swarm Markets project iconSwarm Markets$693.9K-5.94%
117Value DeFi project iconValue DeFi$645.7K-3.90%
118Auctus project iconAuctus$620.5K-8.65%
119Varen project iconVaren$619.0K-21.02%
120Futureswap project iconFutureswap$604.6K-3.27%
121yAxis project iconyAxis$575.0K0.00%
122DOMANI project iconDOMANI$516.6K-7.29%
123DeFi Yield Protocol project iconDeFi Yield Protocol$458.3K-1.72%
124Ruler Protocol project iconRuler Protocol$409.7K0.12%
125Value Liquid project iconValue Liquid$332.3K-8.28%
126QIAN project iconQIAN$230.9K-0.91%
127Tranche project iconTranche$102.3K0.10%
128S Finance project iconS Finance$98.5K-0.16%
129Dfyn Network project iconDfyn Network$76.6K-99.79%
130DeFireX project iconDeFireX$36.0K-0.74%
131Primitive project iconPrimitive$24.3K-7.73%
132Olympus project iconOlympus$18.0K-99.82%
133Robo-Advisor for Yield project iconRobo-Advisor for Yield$1.6K-4.48%

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.

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 on our adapters repository..

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 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.