DeFi Protocols Ranked by TVL

Decentralized Finance protocols ranked by Total Value Locked (TVL). Updated every 15 minutes via DefiLlama.

Total Market Cap:$478.558B
Assets:594
#NamePriceMarket Cap24h %7d %
1327Zircuit Staking
Zircuit Staking
-
$43.085M+0.14%+13.50%
1328Vesper
Vesper
VSP
$43.060M-0.48%+5.66%
1329Kinetiq kmHype
Kinetiq kmHype
-
$43.022M-1.79%+12.19%
1335AO Bridge
AO Bridge
AO
$42.508M-2.09%+5.78%
1340Brickken
Brickken
BKN
$42.361M-0.01%+0.47%
1341Chutes
Chutes
-
$42.323M-1.92%+2.40%
1342Realms
Realms
EPCT
$42.255M+0.00%+0.00%
1345NEOPIN Staking
NEOPIN Staking
NPT
$42.116M-0.82%+3.04%
1346Tulipa Capital
Tulipa Capital
-
$42.071M-0.65%+8.14%
1349Sonic Gateway
Sonic Gateway
-
$41.860M+1.03%+12.49%
1351Tangible RWA
Tangible RWA
TNGBL
$41.851M+0.01%+1.11%
1359Block Analitica
Block Analitica
-
$40.901M-0.55%+3.51%
1360Hemi Staking
Hemi Staking
-
$40.830M-3.56%+0.00%
1361Meteora DAMM V1
Meteora DAMM V1
MET
$40.818M-0.09%+8.89%
1362Grvt Bridge
Grvt Bridge
GRVT
$40.743M-1.29%-9.97%
1364BitVenus
BitVenus
-
$40.589M+62.47%+0.00%
1367Felix CDP
Felix CDP
-
$40.490M-1.69%+4.80%
1373StandX Bridge
StandX Bridge
-
$39.775M-0.10%-2.58%
1374BULK
BULK
-
$39.715M+0.32%-0.33%
1377Reserve Protocol
Reserve Protocol
RSR
$39.313M-0.29%+1.93%
1379Sierra Protocol
Sierra Protocol
SIERRA
$39.073M-0.01%+0.09%
1381Beets DEX V3
Beets DEX V3
BEETS
$38.880M+11.52%+0.00%
1382AlphaPing
AlphaPing
-
$38.862M+0.64%-7.29%
1384Seamless V2
Seamless V2
SEAM
$38.597M-3.55%+0.00%
1386Valdora Finance
Valdora Finance
-
$38.519M+0.10%+3.28%
1396Bucket Farm
Bucket Farm
-
$37.982M+0.00%
1397SushiSwap V3
SushiSwap V3
SUSHI
$37.905M-0.45%+9.09%
1399Zama
Zama
ZAMA
$37.771M+10.45%+23.10%
1400Multichain
Multichain
MULTI
$37.732M+0.04%+4.42%
1401dYdX V3
dYdX V3
DYDX
$37.656M-0.08%+0.97%
1404Scroll Bridge
Scroll Bridge
-
$37.404M+0.26%+14.35%
1405Lombard Vaults
Lombard Vaults
BARD
$37.176M-0.14%+4.79%
1406Aera V2
Aera V2
-
$37.021M-0.68%+3.42%
1411Makina
Makina
-
$36.529M-0.12%-2.07%
1412Veno Finance
Veno Finance
VNO
$36.519M-1.51%+9.61%
1414YO Protocol
YO Protocol
YO
$35.961M-0.38%+3.12%
1419Aegis YUSD
Aegis YUSD
-
$35.789M-0.00%+0.11%
1420Aegis
Aegis
-
$35.613M-0.31%+0.00%
1422Fusion by IPOR
Fusion by IPOR
-
$35.588M-0.47%+14.85%
1423Byte Exchange
Byte Exchange
-
$35.563M-0.37%+3.99%
1425GMTrade
GMTrade
-
$35.375M+0.19%-6.24%
142640 Acres
40 Acres
-
$35.153M-3.55%+21.54%
1428Resupply
Resupply
RSUP
$34.951M+0.10%+0.00%
1432zkSync Lite Bridge
zkSync Lite Bridge
-
$34.742M-1.81%+0.00%
1433Gain
Gain
-
$34.741M-0.99%+3.80%
1434Kinetic
Kinetic
JOULE
$34.673M-2.69%+11.22%
1435Mantle Restaking
Mantle Restaking
-
$34.614M+0.46%+3.99%
1436Royco V1
Royco V1
-
$34.609M-0.00%+0.00%
1438RIF ON CHAIN
RIF ON CHAIN
-
$34.461M+9.51%+51.51%
1442Native Credit Pool
Native Credit Pool
-
$33.954M+0.81%+3.87%
1443marginfi Lending
marginfi Lending
-
$33.878M-0.90%+10.52%
1445Mezo Bridge
Mezo Bridge
MEZO
$33.652M+1.27%+0.00%
1447Capyfi
Capyfi
-
$33.561M+0.34%+0.00%
1450Apex Omni
Apex Omni
-
$33.460M+0.23%+2.82%
1452OrangeX
OrangeX
-
$33.380M-0.46%+5.22%
1455Plasma Saving Vaults
Plasma Saving Vaults
-
$33.226M-0.02%+0.09%
1456SushiSwap
SushiSwap
SUSHI
$33.048M-1.00%+8.15%
1458Flipster
Flipster
-
$32.898M-0.50%-0.56%
1462SuiBridge
SuiBridge
-
$32.557M-0.14%+2.54%
1463Katana Pre-Launch
Katana Pre-Launch
-
$32.552M+57.90%+0.00%
1464Euler DAO
Euler DAO
EUL
$32.425M-35.16%+0.00%
1465Altura
Altura
-
$32.394M-0.06%+0.01%
1473Origin Ether
Origin Ether
-
$31.626M-0.93%+8.05%
1477Mu Digital
Mu Digital
-
$31.338M+46.88%+0.00%
1478BitKan
BitKan
KAN
$31.315M-14.12%-20.64%
1479Hemi Staking
Hemi Staking
HEMI
$31.297M-0.76%+13.50%
1481Spectra V2
Spectra V2
SPECTRA
$31.277M+3.65%+3.82%
1483Alchemix V3
Alchemix V3
ALCX
$31.202M-0.46%+9.67%
1485STON.fi
STON.fi
STON
$31.101M-1.18%+8.21%
1487RealT RMM Marketplace V2
RealT RMM Marketplace V2
REG
$31.041M-0.19%
1489Ventuals
Ventuals
-
$31.020M-0.84%+0.00%
1491Noon
Noon
-
$30.882M-0.02%-4.85%
1493AUTOfinance
AUTOfinance
TOKE
$30.833M-0.14%+1.97%
1496Avalon Superearn
Avalon Superearn
-
$30.571M+0.01%+0.10%
1498Taiko Bridge
Taiko Bridge
TAIKO
$30.494M+159.03%+250.72%
1499MetalX Lending
MetalX Lending
LOAN
$30.459M-1.98%+8.97%
1503XRPL DEX
XRPL DEX
-
$30.404M-3.25%+8.66%
1504Stakee
Stakee
-
$30.399M-1.56%+11.42%
1506Decibel
Decibel
-
$30.289M-0.02%+5.70%
1510vfat.io
vfat.io
-
$30.135M-0.23%+6.76%
1511Agni Finance
Agni Finance
-
$30.102M-1.49%+0.00%
1518Pacifica
Pacifica
-
$29.738M-0.23%+0.00%
1519TermMax
TermMax
-
$29.718M+0.07%-1.72%
1521Echelon Market
Echelon Market
-
$29.550M-0.93%+0.00%
1522Zoo Finance
Zoo Finance
-
$29.526M-3.58%+4.74%
1524Lisk Bridge
Lisk Bridge
LISK
$29.493M-2.37%+3.78%
1525Folks Finance Lending
Folks Finance Lending
-
$29.475M-1.57%+0.00%
1526Alpaca Leveraged Yield Farming
Alpaca Leveraged Yield Farming
ALPACA
$29.211M+1.38%+4.68%
1533Hydration Lending
Hydration Lending
HDX
$28.812M-0.46%+5.68%
1534Moonlander
Moonlander
MLP
$28.802M-0.73%-0.73%
1536Rain
Rain
RAIN
$28.670M-1.22%-1.63%
1540IDEX V1
IDEX V1
IDEX
$28.500M-0.54%+13.92%
1541OpenGDP Shared Security
OpenGDP Shared Security
-
$28.459M+0.63%+0.00%
1542Ring Few
Ring Few
-
$28.449M-0.65%+20.78%
1543HypurrFi Pooled
HypurrFi Pooled
-
$28.420M-0.04%+0.00%
1544Synthetix V3
Synthetix V3
SNX
$28.405M-5.54%+0.00%
1545Venus Flux
Venus Flux
XVS
$28.371M-10.36%+0.00%
1546BigONE
BigONE
-
$28.362M-0.46%+2.04%
1548Vaulta REX
Vaulta REX
EOS
$28.290M+7.48%+21.83%
1549Kodiak Islands
Kodiak Islands
-
$28.218M-13.71%+0.00%

Frequently Asked Questions

What is DeFi and how does it differ from traditional finance?

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DeFi, or Decentralized Finance, refers to financial services and applications built on public blockchains — primarily Ethereum — that operate without central intermediaries like banks or brokers. Users interact directly with smart contracts to lend, borrow, trade, and earn yield. Because DeFi protocols are open and permissionless, anyone with a crypto wallet can access them without identity verification or credit checks.

What does Total Value Locked (TVL) mean?

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Total Value Locked (TVL) is the total value of crypto assets deposited into a DeFi protocol's smart contracts at any given time. It includes assets used as collateral, liquidity, or staked for rewards. TVL is the primary metric used to measure the size and adoption of DeFi protocols — similar to assets under management (AUM) in traditional finance. Higher TVL generally indicates more user trust and protocol usage.

How is TVL different from market cap for DeFi protocols?

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TVL measures the value of assets deposited into a protocol, while market cap measures the value of the protocol's own native token. A protocol can have a very high TVL but a small token market cap, or vice versa. The ratio of TVL to market cap (sometimes called the P/TVL ratio) is used by analysts to evaluate whether a DeFi token may be overvalued or undervalued relative to its actual usage.

What are the risks of using DeFi protocols?

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DeFi carries several risks not present in traditional finance, including smart contract vulnerabilities (bugs that can be exploited by hackers), liquidation risk (collateral can be automatically sold if its value drops), oracle manipulation (price feed attacks), and regulatory uncertainty. Users are also fully responsible for their own private keys — there is no customer support or account recovery if funds are lost.

Which DeFi categories are represented in these rankings?

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The DeFi protocols ranked here include decentralized exchanges (DEXs) like Uniswap, lending protocols like Aave and Compound, liquid staking platforms like Lido, yield aggregators, and cross-chain bridges. TVL data is sourced from DefiLlama, which aggregates on-chain data across dozens of blockchains and hundreds of protocols.