DeFi

Decentralized Finance (DeFi) refers to financial smart contracts and protocols built on blockchain networks. DeFi can be used for various activities, such as peer-to-peer transfers, trading, payments, lending, and much more.

All chains

TVL: high to low

LIDO

TVL

$28.75B

Change

-2.4%

Lido is the leading liquid staking solution - providing a simple way to get rewards on your digital tokens

EigenLayer

TVL

$9.05B

Change

-2.79%

EigenLayer is a protocol built on Ethereum that introduces restaking, a new primitive in cryptoeconomic security. This primitive enables the reuse of ETH on the consensus layer.

Aave

+3

TVL

$8.56B

Change

-1.21%

Aave is a decentralized finance money market protocol that allows you to lend, borrow, and earn interest on cryptocurrencies. It operates open-source and non-custodial, allowing you to participate without depending on a central entity for key management or decision-making.

Uniswap

+3

TVL

$6.34B

Change

-0.77%

Uniswap V3 is a noncustodial automated market maker implemented for the Ethereum Virtual Machine. In comparison to earlier versions of the protocol, Uniswap V3 provides increased capital efficiency and fine-tuned control to liquidity providers, as well as improves the accuracy and convenience of its price oracle, with a more flexible fee structure.

MakerDAO

TVL

$5.59B

Change

-2.64%

The Maker Protocol, also known as the Multi-Collateral Dai (MCD) system, allows users to generate DAI by leveraging collateral assets approved by “Maker Governance”

Rocket Pool

TVL

$3.73B

Change

-2.2%

Rocket Pool is a first of its kind ETH2 Proof of Stake Protocol, designed to be community owned, decentralised, trustless and compatible with staking in Ethereum 2.0. It was first conceived in late 2016 and has since had over 5 successful public betas over the life span of ETH2 development.

Summer.fi (formerly Oasis.app)

+6

TVL

$3.61B

Change

-2.49%

You can open a Vault and borrow DAI against your preferred collateral

Instadapp

TVL

$2.37B

Change

-0.81%

Instadapp is decentralized application that let’s users run single click strategies involving flashloans from their Smart Wallet Accounts

Compound

TVL

$2.12B

Change

-4.88%

Compound is an algorithmic, autonomous interest rate protocol built for developers, to unlock a universe of open financial applications.

Venus

TVL

$1.65B

Change

-0.86%

Venus Protocol is a fast, low cost, decentralized lending platform that lives on the BNB Chain. At its core, Venus is a money market protocol that enables lenders to provide loans to generate yield on their tokens and borrowers to take out loans using $XVS and a variety of other currencies as collateral.

Curve

+8

TVL

$1.6B

Change

-2.02%

Curve is DeFi’s leading AMM, (Automated Market Maker). Hundreds of liquidity pools have been launched through Curve’s factory and incentivized by Curve’s DAO. Users rely on Curve’s proprietary formulas to provide high liquidity, low slippage, low fee transactions among ERC-20 tokens.

Pancake Swap

+2

TVL

$1.14B

Change

-0.75%

PancakeSwap is a popular decentralized exchange allowing users to trade and swap decentralized finance tokens. It is the biggest exchange of the BNB Chain ecosystem and one of the top DEXs by market share. The exchange employs an automated market maker (AMM) model, allowing users to trade against a liquidity pool. You can become a liquidity provider and receive LP tokens, which entitle users to a share of the exchange’s trading fees.

Marinade Finance

TVL

$951.77M

Change

+0.02%

The easiest way to stake Solana - liquid staking

Balancer

+2

TVL

$922.29M

Change

-2.6%

Balancer is a protocol for programmable liquidity

Liquity

TVL

$651.19M

Change

-2.4%

Liquity is a decentralized borrowing protocol.

Frax Finance

+6

TVL

$632.95M

Change

-0.03%

Inventors of the fractional stablecoin & 1st crypto native CPI (Frax Price Index). FRAX is the only stablecoin with parts backed & parts algorithmic

Synthetix

TVL

$427.49M

Change

-4.98%

Synthetix is a decentralized synthetic asset platform. These assets - synths - are crypto-backed synthetic assets that track the value of underlying assets and allow exposure to an asset without the requirement of actually holding it.

Orca

TVL

$373.44M

Change

-7.14%

The most user-friendly DEX on Solana