Top Protocols & Exchanges by TVL
Tracking 49 platforms with Total Value Locked exceeding $1 billion. Includes DeFi protocols and selected centralized platforms where reported. Combined TVL: $174B
💎 Billion-Dollar TVL Leaders
This list highlights the largest TVL entities above $1B. Depending on category and reporting, entries may include both decentralized protocols and centralized exchange products.
Lido
11.90% of totalDeFiLiquid Staking$20.656B
↓0.55%
↓4.37%
↓5.78%
SSV Network
9.51% of totalDeFiStaking Pool$16.509B
↓0.55%
↓3.12%
↓4.43%
Aave V3
7.75% of totalDeFiLending$13.450B
↓0.48%
↓3.96%
↓8.48%
WBTC
5.06% of totalDeFiBridge$8.775B
↓0.39%
↓0.85%
↓2.86%
EigenCloud
4.96% of totalDeFiRestaking$8.605B
↑0.38%
↓3.22%
↓12.10%
Morpho Blue
4.01% of totalDeFiLending$6.953B
↓0.34%
↑2.74%
↑4.68%
Sky Lending
3.10% of totalDeFiCDP$5.374B
↓0.09%
↑0.05%
↑2.35%
ether.fi Stake
2.90% of totalDeFiLiquid Restaking$5.038B
↓0.55%
↓3.10%
↓4.45%
Hyperliquid Bridge
2.63% of totalDeFiBridge$4.565B
↑0.01%
↓0.25%
↓0.30%
Babylon Protocol
2.25% of totalDeFiRestaking$3.905B
↓0.63%
↓2.08%
↓3.16%
Ethena USDe
2.24% of totalDeFiBasis Trading$3.887B
↑2.09%
↑2.61%
↓8.43%
USDT0
2.18% of totalDeFiBridge$3.779B
↑0.00%
↑0.25%
↑2.74%
JustLend
2.03% of totalDeFiLending$3.522B
↑0.14%
↓1.26%
↓2.26%
Arbitrum Bridge
1.95% of totalDeFiCanonical Bridge$3.379B
↓0.45%
↓0.92%
↓3.60%
SparkLend
1.94% of totalDeFiLending$3.360B
↓0.42%
↓2.95%
↓3.80%
Tether Gold
1.87% of totalDeFiRWA$3.249B
↓0.38%
↓0.73%
↓2.84%
Circle USYC
1.67% of totalDeFiRWA$2.905B
→0.00%
↑0.01%
↑0.02%
BlackRock BUIDL
1.63% of totalDeFiRWA$2.822B
↓0.00%
↑0.01%
↓7.27%
Base Bridge
1.59% of totalDeFiCanonical Bridge$2.752B
↓0.42%
↓2.28%
↓0.75%
Ondo Yield Assets
1.58% of totalDeFiRWA$2.736B
↓0.11%
↑0.28%
↓0.33%
Grove Finance
1.57% of totalDeFiOnchain Capital Allocator$2.719B
↑0.00%
↓1.91%
↓18.38%
Polygon Bridge
1.49% of totalDeFiChain$2.590B
↓0.07%
↑1.09%
↑1.11%
JustCryptos
1.40% of totalDeFiBridge$2.432B
↓0.65%
↓1.41%
↓3.10%
Paxos Gold
1.26% of totalDeFiRWA$2.179B
↓0.08%
↓1.38%
↓4.48%
Spark Liquidity Layer
1.16% of totalDeFiOnchain Capital Allocator$2.005B
↓0.31%
↓21.53%
↓15.64%
Maple
1.06% of totalDeFiLending$1.848B
↓0.03%
↓4.82%
↑2.88%
Portal
1.05% of totalDeFiBridge$1.817B
↓0.29%
↓4.66%
↓4.41%
Centrifuge Protocol
1.00% of totalDeFiRWA$1.742B
↓0.01%
↓2.80%
↓12.48%
PancakeSwap AMM
0.99% of totalDeFiDexs$1.726B
↓0.25%
↓0.84%
↓0.28%
Curve DEX
0.99% of totalDeFiDexs$1.712B
↓0.16%
↓0.53%
↓0.17%
Uniswap V3
0.98% of totalDeFiDexs$1.707B
↑0.18%
↑0.27%
↑1.30%
Figure Markets Exchange
0.94% of totalDeFiOTC Marketplace$1.639B
↓0.02%
↑0.09%
↑0.65%
Falcon Finance
0.93% of totalDeFiBasis Trading$1.620B
↓0.01%
↑0.05%
↓0.03%
Obol
0.90% of totalDeFiStaking Pool$1.566B
↓0.37%
↓1.48%
↓4.55%
Sentora
0.90% of totalDeFiRisk Curators$1.559B
↑0.12%
↑0.29%
↑13.65%
Spark Savings
0.89% of totalDeFiYield$1.545B
↑0.73%
↓23.78%
↓14.24%
Kelp
0.87% of totalDeFiLiquid Restaking$1.509B
↓0.49%
↓3.61%
↓4.31%
Pendle
0.85% of totalDeFiYield$1.479B
↓0.02%
↑1.78%
↑4.35%
Gauntlet
0.84% of totalDeFiRisk Curators$1.459B
↓0.45%
↓0.98%
↑55.89%
Steakhouse Financial
0.83% of totalDeFiRisk Curators$1.435B
↓0.16%
↓0.51%
↓14.28%
USDD
0.81% of totalDeFiCDP$1.412B
↓0.32%
↓0.89%
↑4.59%
Kamino Lend
0.81% of totalDeFiLending$1.410B
↓0.40%
↓3.02%
↓7.06%
Compound V3
0.74% of totalDeFiLending$1.291B
↓0.46%
↓1.87%
↓7.04%
Anemoy Capital
0.73% of totalDeFiRWA$1.269B
↑0.01%
↓3.77%
↓16.41%
Venus Core Pool
0.69% of totalDeFiLending$1.198B
↓0.31%
↓0.69%
↓1.00%
Rocket Pool
0.69% of totalDeFiLiquid Staking$1.194B
↓0.83%
↓3.61%
↓9.81%
Spiko
0.68% of totalDeFiRWA$1.174B
↓0.05%
↓1.61%
↓4.44%
Sanctum Validator LSTs
0.64% of totalDeFiLiquid Staking$1.108B
↓0.68%
↓2.50%
↓3.94%
Concrete
0.58% of totalDeFiOnchain Capital Allocator$1.013B
↓0.50%
↓2.51%
↓3.81%