At the time of writing, the total value locked (TVL) in decentralized finance (defi) is approximately $176 billion across multiple blockchains such as Ethereum, Binance, Terra, Polygon, Solana, and Avalanche. While Ethereum controls $130 billion of the total locked, a slew of other defi-powered blockchains are seeing TVLs steadily rise.
Total Value Is Locked Across All Defi Compliant Blockchains
According to defillama.com statistics, the total value locked (TVL) in defi today has risen to $176.9 billion, a 1.07 percent increase in the last 24 hours. The TVL has been steadily approaching the $200 billion mark, and Uniswap now commands a 3% share of the defi market. Today, the defi application Aave commands $16.04 billion, and Curve commands $13.92 billion, as the majority of TVL is locked into applications supported by the Ethereum chain.
According to defillama.com statistics on Sunday, total value locked on all chains.
However, a number of other chains have contributed billions to the overall defi TVL. On Sunday, Ethereum (ETH) had a market capitalization of approximately $130.07 billion, while the Binance Smart Chain (BSC) had a market capitalization of approximately $19.05 billion TVL. Terra ($7.84B), Polygon ($5.34B), Solana ($4.3B), Avalanche ($2.36B), and Klaytn ($1.29B) follow. On Sunday, the Arbitrum mainnet scaling solution for Ethereum received approximately $2,343,531 TVL.
According to defillama.com statistics, total value locked on all chains.
Curve currently has the most TVL of any decentralized exchange (dex) platform, with $13.92 billion, followed by the BSC-powered Pancakeswap with $5.94 billion, and Uniswap with $5.3 billion. Dune Analytics dex stats show $19 billion in global swaps in the last seven days for the Ethereum chain alone, among 16 different dex platforms. Uniswap commands 69.2 percent of all dex volume across 16 dex platforms, having raised $2.24 billion in 24 hours.
Uniswap remains Ethereum’s top dex, with 3.3 million unique Defi addresses.
According to seven-day data, Uniswap exchanged approximately $12,952,621,793 in global trades. 88 percent of the volume is generated directly by dex applications, while the remaining 11.7 percent is generated by dex aggregators such as 1inch, 0x API, Matcha, and Paraswap. There are 3.3 million defi users or unique addresses across Ethereum-based defi apps. Platforms such as Aave, Compound, Anchor, Venus, and Cream Finance are among the most popular lending apps today.
On Sunday, September 5, 2021, the total number of Ethereum-based unique defi addresses exceeds 3.3 million.
On Sunday, Convex Finance ranked first in the yield-based TVL rankings on defillama.com. Yearn Finance, Alpaca Finance, Tranches, and Autofarm follow. Wrapped bitcoin (WBTC) is the largest defi asset in terms of TVL, with $10.05 billion locked in. The second-largest defi asset is hbtc (HBTC), which has a market capitalization of $1.74 billion, followed by mirror (MIR), which has a market capitalization of $1.01 billion.