Blockchains by total value locked
TVL is the dollar value of assets deposited in a chain's DeFi protocols. It is the least bad proxy for where capital is actually being used rather than merely held.
Total across top 40$90.37B
Largest chainEthereum56.7% of the total
Chains tracked40with meaningful TVL
Total value locked across DeFi protocols on each chain. Built into the page
| # | Chain | TVL | Share | |
|---|---|---|---|---|
| 1 | Ethereum ETH | $51.22B | 56.68% | Add to MetaMask → |
| 2 | Solana SOL | $6.25B | 6.91% | |
| 3 | Base | $6.14B | 6.79% | Add to MetaMask → |
| 4 | Tron TRX | $5.59B | 6.18% | |
| 5 | BSC BNB | $5.55B | 6.14% | Add to MetaMask → |
| 6 | Bitcoin BTC | $4.4B | 4.86% | |
| 7 | Arbitrum ARB | $1.36B | 1.50% | Add to MetaMask → |
| 8 | Hyperliquid L1 HYPE | $1.05B | 1.17% | |
| 9 | Robinhood Chain | $1.03B | 1.14% | |
| 10 | Monad MON | $996.56M | 1.10% | |
| 11 | Polygon POL | $683.24M | 0.76% | Add to MetaMask → |
| 12 | Avalanche AVAX | $607.31M | 0.67% | Add to MetaMask → |
| 13 | Arc | $551.97M | 0.61% | |
| 14 | Bittensor TAO | $544.88M | 0.60% | |
| 15 | Sui SUI | $516.12M | 0.57% | |
| 16 | Plasma XPL | $495.45M | 0.55% | |
| 17 | OP Mainnet OP | $449.75M | 0.50% | Add to MetaMask → |
| 18 | Anubis | $413.33M | 0.46% | |
| 19 | Stellar XLM | $251.7M | 0.28% | |
| 20 | Near NEAR | $231.46M | 0.26% | |
| 21 | Ink | $205.43M | 0.23% | |
| 22 | Starknet STRK | $164.11M | 0.18% | |
| 23 | X Layer | $163.45M | 0.18% | |
| 24 | Cronos CRO | $151.85M | 0.17% | Add to MetaMask → |
| 25 | Provenance HASH | $131.44M | 0.15% | |
| 26 | Flare FLR | $124.87M | 0.14% | |
| 27 | Mantle MNT | $106.43M | 0.12% | Add to MetaMask → |
| 28 | Tempo | $106.37M | 0.12% | |
| 29 | Gnosis GNO | $95.67M | 0.11% | Add to MetaMask → |
| 30 | Stacks STX | $92.65M | 0.10% | |
| 31 | Rootstock RIF | $80.71M | 0.09% | |
| 32 | Morph - | $78.45M | 0.09% | |
| 33 | Mixin XIN | $77.14M | 0.09% | |
| 34 | Mezo MEZO | $74.73M | 0.08% | |
| 35 | Pharos PROS | $73.11M | 0.08% | |
| 36 | dYdX dYdX | $70.75M | 0.08% | |
| 37 | PulseChain PLS | $69.97M | 0.08% | Add to MetaMask → |
| 38 | Cardano ADA | $64.75M | 0.07% | |
| 39 | Hydration HDX | $55.22M | 0.06% | |
| 40 | XPR Network XPR | $51.4M | 0.06% |
What TVL does not tell you
- Double counting is everywhere. Deposit ETH, receive a liquid staking token, deposit that as collateral, borrow against it, deposit the proceeds — one asset, counted several times.
- TVL rises when prices rise. A chain whose TVL grew 40% in a month where its native token grew 40% attracted no new capital at all.
- Incentives buy TVL. Emissions attract mercenary capital that leaves when the rewards stop. Compare TVL against fees earned to see which is which.
- It ignores everything outside DeFi. A chain used mostly for payments or stablecoin transfers shows a low TVL while moving enormous volume.
Source: DefiLlama.