DeFi on Avalanche

Updated 23 Oct, 19:41 UTC

As of 23 Oct 2026, DeFi value locked on Avalanche is $562.1M. DeFi value locked on Avalanche: DefiLlama's chain total, measured differently from our DeFi headline. 59 of the protocols we track are deployed there; Aave V3 is the largest with $300.3M on Avalanche. For 15 of them, Avalanche is their largest deployment.

DeFi value locked on Avalanche (DefiLlama chain total): $562.1M
Protocols listed below: 59
Main chain for: 15

Largest protocols on Avalanche

Aave V3$300.3M
Benqi Lending$107.3M
Aave V4$34.66M
Pharaoh V3$29.46M
Sierra Protocol$26.50M
Joe DEX$10.06M
Pharaoh DLMM$9.16M
Aave V2$8.53M

All protocols on Avalanche

Protocols on Avalanche
#	Protocol	On chain	Sector	Value locked	7d	Fees/day
1	Aave V3	$300.3M	Lending	$16.98B	0.0%	$1.12M
2	Benqi Lending	$107.3M	Lending	$107.3M	−9.2%	$6.26K
3	Aave V4	$34.66M	Lending	$687.3M	+5.2%	$37.26K
4	Pharaoh V3	$29.46M	DEXs	$29.46M	+3.0%	$33.74K
5	Sierra Protocol	$26.50M	Yield	$43.64M	−0.4%	$170
6	Joe DEX	$10.06M	DEXs	$10.12M	−6.5%	$578
7	Pharaoh DLMM	$9.16M	DEXs	$9.16M	−7.5%	$21.13K
8	Aave V2	$8.53M	Lending	$106.4M	−0.1%	$5.32K
9	Treehouse Protocol	$8.01M	DOR	$65.11M	−2.5%	$767
10	GMX EVM	$7.87M	Derivatives	$211.3M	0.0%	$42.92K
11	Royco V2	$6.65M	Yield	$14.97M	−11.7%	–
12	Uniswap V3	$5.23M	DEXs	$1.64B	+2.8%	$851.0K
13	Euler V2	$4.41M	Lending	$283.5M	−1.4%	$55.29K
14	Pharaoh CL	$4.02M	DEXs	$4.02M	−1.5%	$7
15	Folks Finance xChain	$2.95M	Lending	$4.07M	−12.1%	$353
16	40 Acres	$2.54M	Lending	$3.67M	−92.5%	$353
17	Joe V2.1	$2.47M	DEXs	$3.93M	−3.3%	$2.56K
18	Curve DEX	$2.21M	DEXs	$1.19B	−2.1%	$83.40K
19	Blackhole CLMM	$2.05M	DEXs	$2.05M	+2.4%	$1.95K
20	Joe V2.2	$2.03M	DEXs	$2.09M	−14.7%	$803
21	GMX V1 EVM	$1.90M	Derivatives	$3.21M	−0.8%	–
22	Pangolin V2	$1.85M	DEXs	$1.87M	−6.1%	$203
23	DeltaPrime	$1.76M	Leveraged farming	$3.35M	−6.9%	–
24	Silo V2	$1.71M	Lending	$5.60M	−7.9%	$163
25	Balanced Exchange	$1.70M	DEXs	$1.98M	−7.3%	$0
26	Spark Savings	$1.61M	Yield	$1.62B	−3.1%	–
27	DODO AMM	$1.51M	DEXs	$13.81M	+11.2%	$5.61K
28	Uniswap V4	$1.35M	DEXs	$1.52B	+10.0%	$1.37M
29	THORChain DEX	$925.8K	DEXs	$65.07M	+0.7%	$56.14K
30	WOOFi Swap	$578.6K	DEXs	$3.43M	−1.0%	–
31	WOOFi Earn	$450.3K	Yield	$3.97M	0.0%	–
32	MUX Perps	$427.9K	Derivatives	$9.64M	−0.1%	$304
33	Team Finance	$331.0K	Token lockers	$62.70M	−2.0%	–
34	Spectra V2	$266.5K	Yield	$10.02M	−2.7%	$57
35	Frax Swap	$220.2K	DEXs	$10.28M	−2.0%	$302
36	Stake DAO Yield	$209.7K	Yield	$149.3M	+1.5%	$2.52K
37	Contango V2	$203.8K	Derivatives	$7.36M	−2.1%	$7
38	Dexalot DEX	$196.9K	DEXs	$2.05M	−5.0%	–
39	QiDao	$158.1K	CDPs	$2.23M	−0.1%	–
40	Uniswap V2	$123.4K	DEXs	$935.6M	−2.0%	$44.55K
41	Balancer V2	$119.7K	DEXs	$17.68M	−4.1%	$2.26K
42	Metric V1	$118.3K	DEXs	$17.42M	+130.7%	–
43	ACryptoS	$116.1K	Liquidity managers	$10.53M	0.0%	–
44	Ribbon	$97.41K	Options vault	$4.09M	+0.3%	–
45	UNCX Network V2	$69.79K	Token lockers	$142.8M	+2.2%	$88
46	PinkSale	$61.84K	Launchpads	$156.7M	+1.5%	$30
47	SushiSwap	$48.21K	DEXs	$38.04M	−1.8%	$1.86K
48	Tornado Cash	$46.79K	Privacy	$823.5M	+20.4%	$14.81K
49	Pendle V2	$45.75K	Yield	$1.06B	−4.5%	$16.44K
50	SushiSwap V3	$40.30K	DEXs	$42.32M	−1.1%	$10.65K
51	Steer Protocol	$40.30K	Liquidity managers	$18.07M	−2.9%	$928
52	Balancer V3	$37.62K	DEXs	$18.31M	−6.1%	$1.21K
53	Abracadabra Spell	$30.81K	CDPs	$4.75M	−0.4%	$6
54	DxSale	$28.28K	Launchpads	$18.99M	+1.8%	–
55	Superfluid	$27.16K	Payments	$5.70M	+3.9%	–
56	EmpireDEX	$25.43K	DEXs	$2.82M	+2.1%	$0
57	Sushi BentoBox	$11.58K	Yield	$2.44M	−1.4%	–
58	FlokiFi Locker	$2.79K	Token lockers	$12.28M	+0.2%	–
59	BiFi	$1.74K	Lending	$14.29M	+41.8%	–

Not in the Avalanche total

Not in the Avalanche total
#	Protocol	On chain	Sector	Value locked
1	Grove Finance	$263.3M	On-chain capital allocators	$1.42B
2	Benqi Staked Avax	$217.2M	Liquid staking	$217.2M
3	OpenTrade	$169.0M	Real-world assets	$245.8M
4	Avant avUSD	$119.3M	On-chain capital allocators	$119.3M
5	CCIP	$79.24M	Bridges	$2.00B
6	Solv Strategies	$16.47M	On-chain capital allocators	$64.13M
7	Republic Note	$10.63M	Real-world assets	$10.63M
8	Yield Yak Aggregator	$9.68M	Yield aggregators	$14.42M
9	Avant avBTC	$5.93M	On-chain capital allocators	$5.93M
10	Plume Vaults	$5.32M	Real-world assets	$227.9M
11	Re7 Labs	$4.27M	Risk curators	$61.89M
12	Dexalot Portfolio	$3.68M	Bridges	$6.29M
13	LayerZero V2	$3.22M	Bridges	$16.34B
14	KAIO	$3.00M	Real-world assets	$39.64M
15	Portal	$2.40M	Bridges	$1.57B
16	Beefy	$2.17M	Yield aggregators	$107.6M
17	Lagoon	$1.47M	On-chain capital allocators	$160.3M
18	Gami Labs	$1.16M	Risk curators	$57.62M
19	Stargate V1	$835.5K	Bridges	$9.41M
20	Multichain	$696.0K	Bridges	$43.15M
21	vfat.io	$512.1K	Yield aggregators	$32.62M
22	cBridge	$440.7K	Bridges	$12.60M
23	Synapse Cross Chain Bridge	$410.7K	Bridges	$9.41M
24	Unit	$335.6K	Bridges	$977.3M
25	Stargate V2	$285.9K	Bridges	$76.22M
26	NEAR Intents	$275.9K	Bridges	$209.1M
27	Wan Bridge	$274.9K	Bridges	$6.65M
28	Orderly Bridge	$148.3K	Bridges	$24.23M
29	SODAX	$139.1K	Bridges	$2.13M
30	Ankr	$127.7K	Liquid staking	$26.98M