Top Ethereum Total Value Locked

What is TVL?

Total Value Locked, or TVL, is one of the main metrics investors and analysts in decentralized finance track. It represents the dollar value of digital assets held in the smart contracts of DeFi protocols, for example, in the form of collateral for loans, or as liquidity pools for trading.

How is TVL used?

TVL is a good indicator of the overall level of activity in the market and is an imperfect gauge of the size of the on-chain economy. Investors can track relative changes in TVL among top protocols to assess where money is flowing in DeFi.

How is TVL calculated?

Each data platform calculates TVL in a particular way, which is why you may see some discrepancies among TVL. At The Defiant, we calculate TVL like this:

sum(Pool Token Count X Token Price) = TVL

Click into the following charts to edit and customize them, or create your own from scratch.

Top Ethereum DeFi Protocols TVL – Year-to-date

Maker TVL
Lido Finance TVL
Curve TVL
Uniswap TVL
Convex TVL
Aave TVL
Compound TVL

Maker TVL + Lido Finance TVL + Curve TVL + Uniswap TVL + Convex TVL + Aave TVL + Compound TVL, Source: The Defiant Terminal

Top Ethereum DeFi Protocols TVL – Year-to-date % Change

Maker TVL
Lido Finance TVL
Curve TVL
Uniswap TVL
Convex TVL
Aave TVL
Compound TVL

Maker TVL + Lido Finance TVL + Curve TVL + Uniswap TVL + Convex TVL + Aave TVL + Compound TVL, Source: The Defiant Terminal

Top Ethereum DeFi Lending Protocols TVL – Year-to-date

Compound TVL
Aave TVL
Maker TVL
Liquity TVL

Compound TVL + Aave TVL + Maker TVL + Liquity TVL, Source: The Defiant Terminal

MakerDAO Price vs TVL Year-to-date

MKR Price
Maker TVL

MKR Price + Maker TVL, Source: The Defiant Terminal

Top Ethereum DEXs TVL – Year-to-date

Curve TVL
Sushi TVL
Uniswap TVL
Balancer TVL
DODO TVL

Curve TVL + Sushi TVL + Uniswap TVL + Balancer TVL + DODO TVL, Source: The Defiant Terminal

Uniswap TVL vs Price Year-to-Date

UNI Price
Uniswap TVL

UNI Price + Uniswap TVL, Source: The Defiant Terminal