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DeFi TVL Rankings

The top decentralized finance protocols by total value locked. See where money is flowing, and which protocols are gaining or losing funds right now.

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1
Binance CEXBNB
CEX$137.33B-0.30%-0.53%
2
OKXOKB
CEX$21.08B-1.29%-4.03%
3
LidoLDO
Liquid Staking$17.70B-1.49%+0.26%
4
BitfinexMulti-Chain
CEX$16.70B-0.96%-0.35%
5
Aave V3AAVE
Lending$13.77B-1.36%-0.31%
6
BybitMulti-Chain
CEX$13.00B+0.01%-2.05%
7
RobinhoodMulti-Chain
CEX$11.53B-0.58%-1.93%
8
SSV NetworkSSV
Staking Pool$9.32B-1.75%+0.72%
9
Morpho BlueMORPHO
Lending$7.67B+0.10%+1.98%
10
WBTCBitcoin
Bridge$7.26B-0.48%-2.52%
11
Binance staked ETHMulti-Chain
Liquid Staking$6.99B-1.75%-0.39%
12
LayerZero V2ZRO
Bridge$6.71B-0.17%-0.75%
13
Coinbase BridgeMulti-Chain
Bridge$6.07B-2.50%-1.82%
14
Hyperliquid BridgeHYPE
Bridge$5.97B-0.34%+0.13%
15
Sky LendingSKY
CDP$5.64B-0.54%-6.91%
16
EigenCloudEIGEN
Restaking$5.05B-1.73%-0.32%
17
BitgetMulti-Chain
CEX$4.94B-1.10%-2.20%
18
GateGT
CEX$4.73B-0.29%+8.57%
19
MEXCMX
CEX$4.58B-2.73%-3.40%
20
Binance BitcoinBitcoin
Bridge$4.34B-1.35%-2.52%
21
GeminiMulti-Chain
CEX$4.25B-1.36%-2.71%
22
DeribitMulti-Chain
CEX$4.11B-1.63%+4.31%
23
HTXMulti-Chain
CEX$4.03B-0.08%-1.54%
24
Ethena USDeENA
Basis Trading$3.88B+0.81%-2.90%
25
SparkLendSPK
Lending$3.68B-0.07%+0.76%
26
BlackRock BUIDLMulti-Chain
RWA$3.47B+0.02%+1.45%
27
USDT0Ethereum
Bridge$3.44B+0.46%+1.31%
28
JustLend V1JST
Lending$3.30B+0.05%-0.02%
29
ether.fi StakeETHFI
Liquid Restaking$3.27B-1.71%+0.61%
30
Circle USYCMulti-Chain
RWA$3.01B+0.03%+1.56%
31
Steakhouse FinancialMulti-Chain
Risk Curators$2.99B+1.06%+25.45%
32
Tether GoldXAUT
RWA$2.89B-0.12%-0.11%
33
Arbitrum BridgeARB
Canonical Bridge$2.79B-1.29%-2.17%
34
Babylon ProtocolBABY
Restaking$2.71B-16.15%-19.23%
35
Polygon BridgePOL
Chain$2.59B-1.00%-4.54%
36
Ondo Yield AssetsONDO
RWA$2.53B-0.35%-1.32%
37
KuCoinMulti-Chain
CEX$2.45B-0.65%-0.35%
38
Grove FinanceMulti-Chain
Onchain Capital Allocator$2.43B+0.02%+2.47%
39
MapleSYRUP
Lending$2.29B+2.35%-3.14%
40
Base BridgeEthereum
Canonical Bridge$2.25B-1.78%-2.04%
41
SpikoMulti-Chain
RWA$2.24B+0.40%-0.18%
42
SentoraMulti-Chain
Risk Curators$2.15B-0.67%+0.79%
43
Crypto-comMulti-Chain
CEX$2.07B+0.21%-3.29%
44
JustCryptosJST
Bridge$2.04B-1.18%-0.91%
45
Paxos GoldPAXG
RWA$1.79B-0.17%-0.53%
46
Spark Liquidity LayerSPK
Onchain Capital Allocator$1.71B+0.79%+6.59%
47
PancakeSwap AMMCAKE
Dexs$1.69B+0.46%+0.91%
48
CCIPMulti-Chain
Bridge$1.65B-1.14%+3.34%
49
Centrifuge ProtocolCFG
RWA$1.63B-0.10%-0.01%
50
Figure Markets ExchangeProvenance
OTC Marketplace$1.56B-7.22%-12.13%
51
Uniswap V3UNI
Dexs$1.49B-0.35%-1.05%
52
PortalW
Bridge$1.47B-0.76%-7.12%
53
USDDMulti-Chain
CDP$1.42B+1.03%+2.41%
54
GauntletMulti-Chain
Risk Curators$1.42B-0.08%-0.13%
55
HashKey ExchangeMulti-Chain
CEX$1.32B-2.38%-3.97%
56
Curve DEXCRV
Dexs$1.27B-0.67%-1.22%
57
VedaMulti-Chain
Onchain Capital Allocator$1.27B-0.62%-0.41%
58
Falcon FinanceFF
Basis Trading$1.26B+0.05%+0.01%
59
PoloniexMulti-Chain
CEX$1.24B-1.33%-2.57%
60
PendlePENDLE
Yield$1.18B-1.78%+0.33%
Good to know

About DeFi TVL

What is TVL?

TVL means total value locked. It is the dollar value of all the crypto that people have deposited into a protocol. A higher TVL usually means more users trust the protocol with their money, so traders watch it as a health signal.

Why does TVL change?

TVL moves when people deposit or withdraw funds and when the price of the deposited coins changes. A sharp drop can mean users are leaving or that prices fell, so it is worth checking why before you read too much into it.

Where does this data come from?

The rankings come from public onchain data that tracks deposits across every major protocol, refreshed regularly so the numbers stay close to live.