{"id":40289,"date":"2021-04-06T20:40:49","date_gmt":"2021-04-06T17:40:49","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=40289"},"modified":"2025-08-30T13:28:17","modified_gmt":"2025-08-30T10:28:17","slug":"volume-of-assets-locked-in-defi-protocols-reaches-100-billion","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/volume-of-assets-locked-in-defi-protocols-reaches-100-billion\/","title":{"rendered":"Volume of assets locked in DeFi protocols reaches $100 billion"},"content":{"rendered":"<p>According to data from DefiLlama, the total value locked (TVL) in the decentralized finance sector has for the first time exceeded $100 billion.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Unstoppable.<a href=\"https:\/\/t.co\/bPgTVWPECy\">https:\/\/t.co\/bPgTVWPECy<\/a> <a href=\"https:\/\/t.co\/wOry5AXACV\">pic.twitter.com\/wOry5AXACV<\/a><\/p>\n<p>\u2014 DefiLlama.com (@DefiLlama) <a href=\"https:\/\/twitter.com\/DefiLlama\/status\/1379398637340536835?ref_src=twsrc%5Etfw\">April 6, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Ethereum-based DeFi protocols account for about 80% of the volume, while projects on the Binance Smart Chain (BSC) network account for roughly 15%.<\/p>\n<p>The leader in the rankings is Compound, with $9.34 billion. The top 10 protocols on the list have $62.4 billion locked.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"415\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/DefiLlama-DeFi-Dashboard-Google-Chrome-1024x415.jpg\" alt=\"Volume of assets locked in DeFi protocols reaching $100 billion\" class=\"wp-image-130799\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/DefiLlama-DeFi-Dashboard-Google-Chrome-1024x415.jpg 1024w, https:\/\/forklog.com\/wp-content\/uploads\/DefiLlama-DeFi-Dashboard-Google-Chrome-300x122.jpg 300w, https:\/\/forklog.com\/wp-content\/uploads\/DefiLlama-DeFi-Dashboard-Google-Chrome-768x312.jpg 768w, https:\/\/forklog.com\/wp-content\/uploads\/DefiLlama-DeFi-Dashboard-Google-Chrome.jpg 1289w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Data: DefiLlama.<\/figcaption><\/figure>\n<p>Platforms <a href=\"https:\/\/defipulse.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">DeFi Pulse<\/a> and <a href=\"https:\/\/debank.com\/ranking\/locked_value?chart_date=3M\" target=\"_blank\" rel=\"noreferrer noopener\">DeBank<\/a> give TVL for the segment roughly half as large \u2014 $52.2 and $54.3 respectively. The leadership of Compound is confirmed by all three services, but the composition of the top ten differs among them.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"880\" height=\"296\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/DeFi-The-Decentralized-Finance-Leaderboard-at-DeFi-Pulse-Google-Chrome.jpg\" alt=\"Volume of assets locked in DeFi protocols reaching $100 billion\" class=\"wp-image-130798\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/DeFi-The-Decentralized-Finance-Leaderboard-at-DeFi-Pulse-Google-Chrome.jpg 880w, https:\/\/forklog.com\/wp-content\/uploads\/DeFi-The-Decentralized-Finance-Leaderboard-at-DeFi-Pulse-Google-Chrome-300x101.jpg 300w, https:\/\/forklog.com\/wp-content\/uploads\/DeFi-The-Decentralized-Finance-Leaderboard-at-DeFi-Pulse-Google-Chrome-768x258.jpg 768w\" sizes=\"auto, (max-width: 880px) 100vw, 880px\" \/><figcaption>Data: DeFi Pulse.<\/figcaption><\/figure>\n<p>According to DefiLlama, the total TVL of DeFi protocols at the start of 2021 stood at $20.74 billion. This figure also diverges among analytics platforms: DeFi Pulse recorded about $16 billion, DeBank \u2014 $24.6 billion.<\/p>\n<p>TVL around $80 billion <a href=\"https:\/\/forklog.com\/en\/news\/defi-tvl-nears-80-billion\">by the end of March<\/a>, according to DefiLlama. Over the past seven days, almost all leading projects posted double-digit growth in the metric. For VakerDAO, SushiSwap and Bankor, the increase exceeded 100% during this period.<\/p>\n<p>In early March, the UNI token of the Uniswap decentralized exchange <a href=\"https:\/\/forklog.com\/en\/news\/uniswap-token-enters-top-10-by-market-capitalization\">entered the top-10 of cryptocurrencies by market capitalization<\/a>. The coin remains eighth in the ranking.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to data from DefiLlama, the total value locked (TVL) in the DeFi sector has for the first time exceeded $100 billion.<\/p>\n","protected":false},"author":1,"featured_media":40290,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1093],"class_list":["post-40289","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-defi"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/40289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=40289"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/40289\/revisions"}],"predecessor-version":[{"id":40291,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/40289\/revisions\/40291"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/40290"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=40289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=40289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=40289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}