Market cap: $2.26T ▼ 6.43% 24h volume: $75.30B Dominance: BTC 59.5% ETH 10.3% Futures open interest: $18.03B ETH gas: 0.13 gwei Fear and Greed: 13

DeFi TVL Today: Total Value Locked by Chain

Total value locked (TVL) is the value of all coins deposited in decentralised finance apps such as lending markets, exchanges and staking pools. Data from DefiLlama, refreshed every 30 minutes.

Updated just now
Total value locked
$73.92B
Change 24h
-3.75%
Change 7d
-8.80%
Change 30d
-15.59%
Chains with TVL
285
Largest chain
Ethereum
52.6% of all TVL

Total Value Locked

DefiLlama

Largest Chains by TVL

#ChainTVLShare
1 Ethereum ETH price $38.85B 52.6%
2 Base $5.38B 7.3%
3 Solana SOL price $4.84B 6.5%
4 Tron TRX price $4.78B 6.5%
5 BSC BNB price $4.68B 6.3%
6 Bitcoin BTC price $3.55B 4.8%
7 Hyperliquid L1 HYPE price $2.29B 3.1%
8 Arbitrum ARB price $1.34B 1.8%
9 Robinhood Chain $1.03B 1.4%
10 Monad MON price $929.8M 1.3%
11 Polygon POL price $617.0M 0.8%
12 Arc $598.8M 0.8%
13 Avalanche AVAX price $579.9M 0.8%
14 Plasma XPL price $421.5M 0.6%
15 Sui SUI price $391.7M 0.5%
16 OP Mainnet OP price $386.9M 0.5%
17 Anubis $350.9M 0.5%
18 X Layer price $206.4M 0.3%
19 Stellar XLM price $202.7M 0.3%
20 Ink $172.5M 0.2%

What TVL measures

When someone deposits coins into a DeFi app, for example to lend them out or to provide trading liquidity, those coins count towards TVL. Adding up every app on every chain gives a rough size of the DeFi economy.

TVL moves for two reasons: people deposit or withdraw, and the coins already deposited change in price. A falling ETH price lowers TVL even if nobody withdraws anything. Compare the TVL change with price changes on the price list to tell the two apart.

DefiLlama avoids counting the same deposit twice where it can, but no TVL figure is perfect. The DeFi TVL guide explains the common pitfalls.