At the time of writing, the Total Value Locked (TVL) in decentralized finance (defi) is around $ 176 billion across various blockchains such as Ethereum, Binance, Terra, Polygon, Solana, and Avalanche. While Ethereum can claim $ 130 billion of the total locked volume, TVLs continue to rise steadily on countless other non-fueled blockchains.
Total blocked for all Defi-compatible blockchains
Total Value Locked (TVL) in Defi is up to $ 176.9 billion today, according to statistics from defillama.com, up 1.07% over the past 24 hours. The TVL is steadily approaching the $ 200 billion zone and today Uniswap has a 3% dominance among the various Defi applications. The Aave Defi application is $ 16.04 billion and Curve is capturing $ 13.92 billion today as most of the TVL is tied to the application supported by the Ethereum chain.
However, a number of other chains have contributed billions to the total defi-TVL. While Ethereum (ETH) has around $ 130.07 billion on Sunday, the Binance Smart Chain (BSC) has around $ 19.05 billion in TVL. This is followed by Terra ($ 7.84 billion), Polygon ($ 5.34 billion), Solana ($ 4.3 billion), Avalanche ($ 2.36 billion), and Klaytn (1, $ 29 billion). The latest launch of the Arbitrum mainnet scaling solution for Ethereum is about $ 2,343,531 TVL as of Sunday.
In terms of decentralized exchange platforms (Dex), Curve has the most TVL today at $ 13.92 billion, followed by the BSC-powered Pancakeswap at $ 5.94 billion and Uniswap at $ 5.3 billion TVL. For the Ethereum chain alone, from 16 different Dex platforms, the Dex statistics from Dune Analytics show that 19 billion US dollars in swaps have been exchanged worldwide in the last seven days. $ 2.24 billion in 24 hours and Uniswap has 69.2% of total Dex volume on 16 Dex platforms.
Uniswap remains Ethereum’s top dex, Unique Defi addresses rise to 3.3 million
Seven-day statistics show that Uniswap has converted around $ 12,952,621,793 in global trade. 88% of the volume comes directly from Dex applications, but the rest of the volume (11.7%) is passed through Dex aggregators like 1inch, 0x API, Matcha and Paraswap. The number of Defi users or unique addresses in Ethereum-based Defi apps is 3.3 million. The biggest loan apps today include platforms like Aave, Compound, Anchor, Venus, and Cream Finance.
In the return-based TVL rankings on defillama.com, Convex Finance held the top position on Sunday. This is followed by Yearn Finance, Alpaca Finance, Tranchen and Autofarm. The largest defibrillation asset in terms of TVL is Wrapped Bitcoin (WBTC) with $ 10.05 billion locked down. The second largest defi-asset is hbtc (HBTC) with $ 1.74 billion and Mirror (MIR) with $ 1.01 billion.
What do you think of the Defi-TVL growth across different blockchains? Let us know what you think on this matter in the comments below.
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