DeFi on Ethereum

Updated 23 Oct, 19:41 UTC

As of 23 Oct 2026, DeFi value locked on Ethereum is $49.75B. DeFi value locked on Ethereum: DefiLlama's chain total, measured differently from our DeFi headline. 212 of the protocols we track are deployed there; Aave V3 is the largest with $14.13B on Ethereum. For 149 of them, Ethereum is their largest deployment.

DeFi value locked on Ethereum (DefiLlama chain total)
$49.75B
Protocols listed below
212
Main chain for
149

Largest protocols on Ethereum

All protocols on Ethereum

Protocols on Ethereum
#ProtocolOn chainSectorValue locked7dFees/day
1Aave V3$14.13BLending$16.98B0.0%$1.12M
2Sky Lending$5.66BCDPs$5.66B+0.3%$952.0K
3Morpho Blue$5.10BLending$11.25B+2.0%$767.3K
4SparkLend$5.08BLending$5.08B−1.8%$234.4K
5Maple$2.67BLending$2.67B−3.2%$295.3K
6Compound V3$1.29BLending$1.40B−0.3%$97.53K
7Spark Savings$1.19BYield$1.62B−3.1%–
8Curve DEX$1.13BDEXs$1.19B−2.1%$83.40K
9Uniswap V3$886.7MDEXs$1.64B+2.8%$851.0K
10Uniswap V2$802.1MDEXs$935.6M−2.0%$44.55K
11Uniswap V4$796.1MDEXs$1.52B+10.0%$1.37M
12Pendle V2$778.5MYield$1.06B−4.5%$16.44K
13Tornado Cash$764.8MPrivacy$823.5M+20.4%$14.81K
14Convex Finance$576.4MYield$583.9M+2.2%$60.80K
15Aave V4$475.3MLending$687.3M+5.2%$37.26K
16Fluid Lending$471.0MLending$664.1M−0.9%$94.55K
17Defi Saver Asset Management$372.5MCDP manager$384.9M+1.4%$3.67K
18Symbiotic$326.9MCollateral markets$326.9M−27.2%$2.65K
19Aave Horizon RWA$251.5MLending$251.5M−1.0%–
20Cooler Loans$230.3MLending$230.3M−0.4%$1.81K
21cap$210.9MLending$210.9M−4.1%$12.68K
22M0$210.5MStablecoin issuer$210.5M+3.8%$17.16K
23Fluid DEX$187.7MDEXs$231.4M−0.9%$8.05K
24Dolomite$181.0MLending$209.5M−31.7%$58.31K
25Derive V3 Options$179.6MOptions$179.6M−1.8%$12.74K
26Liquity V1$171.6MCDPs$171.6M−1.4%$58
27Saturn$155.9MStablecoin wrapper$155.9M+2.7%$168.6K
28Stake DAO Yield$144.3MYield$149.3M+1.5%$2.52K
29crvUSD$138.9MCDPs$138.9M+2.8%$6.45K
30Zama$131.0MPrivacy$131.0M−1.5%–
31Yield Basis$119.7MLeveraged farming$119.7M−6.8%–
32Avalon Superearn$111.5MYield$142.2M0.0%–
33fx Protocol$110.2MDual-token stablecoins$110.2M−12.9%$21.80K
34Railgun$107.5MPrivacy$111.9M−0.5%$10.64K
35Bedrock uniBTC$104.7MAnchored BTC$352.3M+1.5%$42
36Avalon CeDeFi$104.5MAnchored BTC$104.5M+0.7%–
37Compound V2$104.3MLending$104.3M−1.6%$4.15K
38Nexus Mutual$97.69MInsurance$97.69M−0.6%$5.00K
39UNCX Network V2$96.40MToken lockers$142.8M+2.2%$88
40Liquity V2$95.45MCDPs$95.45M−0.1%$6.45K
41Enzyme Finance$87.54MIndex protocols$95.41M+1.0%$107
42Aave V2$80.96MLending$106.4M−0.1%$5.32K
43Concentrator$79.72MYield$79.72M−14.1%$572
44Curve LlamaLend$72.11MLending$73.51M−0.8%$256
45SolvBTC LSTs$71.05MRestaked BTC$79.24M+0.2%–
46Wise Token$68.40MYield$68.40M−0.5%$10
47infiniFi$63.78MYield$68.75M+5.6%$13.50K
48USDCx$63.67MStablecoin wrapper$63.67M−3.4%–
49Frankencoin$60.02MCDPs$60.02M−1.0%$3.00K
50Resupply$57.42MLending$57.42M+0.6%$4.11K
51Treehouse Protocol$56.82MDOR$65.11M−2.5%$767
52Origami Finance$54.49MLeveraged farming$54.55M−1.4%$531
53Euler V2$52.43MLending$283.5M−1.4%$55.29K
54Zircuit Staking$51.64MYield farms$57.32M−0.2%$4.48K
55Morpho Midnight$51.42MLending$58.47M+580.7%$617
56Flux Finance$43.66MLending$43.66M+0.1%$3.87K
57Curve LlamaLend V2$43.17MLending$43.46M+3.4%$2.93K
583F$42.95MLeveraged farming$42.95M+8.1%$236
59IDEX V1$37.69MDEXs$37.69M−0.6%–
60Noon$37.51MYield$37.52M+4.4%$8.37K
61Reserve Protocol$34.91MIndex protocols$47.50M−0.9%$2.75K
62Frax$34.88MAlgorithmic stablecoins$34.88M−6.7%$642
63AUTOfinance$34.34MYield$38.36M−1.6%$3.41K
64Alchemix V3$33.53MSynthetics$39.29M−1.5%$5.98K
65Inverse Finance FiRM$33.05MCDPs$33.05M0.0%$9.13K
66Team Finance$31.29MToken lockers$62.70M−2.0%–
67Arrakis Modular$29.20MLiquidity managers$59.54M−0.4%$6.44K
68PancakeSwap AMM V3$26.49MDEXs$746.2M+125.7%$218.9K
69SushiSwap V3$24.98MDEXs$42.32M−1.1%$10.65K
70RockSolid Network$23.23MYield$23.23M−1.5%$1.05K
71USDD$22.67MCDPs$1.25B+0.6%$6.43K
72SushiSwap$22.58MDEXs$38.04M−1.8%$1.86K
73Gearbox$21.63MLending$23.45M+2.8%$130
74Fraxlend$21.55MLending$22.14M−0.2%$1.53K
75Strata Markets$19.82MYield$19.82M−40.6%$17.95K
76SoSoValue Indexes$18.92MIndex protocols$102.8M−0.1%$53.93K
77Katana Pre-Launch$18.60MYield farms$18.60M−0.3%–
78MorpheusAI$18.45MAI agents$18.45M−1.4%$1.30K
79Apex Omni$17.34MDerivatives$30.10M−1.8%$10.34K
80Anvil$17.13MCollateral management$17.13M+1.5%–
81Summer.fi Pro$16.20MCDP manager$16.45M−0.7%–
82Bancor V3$15.51MDEXs$15.51M−1.6%$230
83Blur Bids$14.02MNFT marketplaces$14.25M−6.3%$1
84Index Coop$13.88MIndex protocols$14.31M−1.5%$847
85Lista Lending$13.71MLending$988.6M+1.9%$14.77K
86Balancer V2$13.49MDEXs$17.68M−4.1%$2.26K
87Origin ARM$12.71MYield$12.71M−1.3%$1.25K
88Set Protocol$12.66MIndex protocols$12.66M−1.1%–
89Aevo Perps$12.61MDerivatives$14.85M+0.9%–
90Balancer V3$12.44MDEXs$18.31M−6.1%$1.21K
91Juicebox V1$12.39MLaunchpads$12.39M−0.5%–
92Equilibria$11.81MYield$12.19M−0.9%–
93Rysk V12$11.69MOptions vault$36.42M0.0%–
94PinkSale$11.65MLaunchpads$156.7M+1.5%$30
95dYdX V3$11.64MDerivatives$11.64M−62.5%–
96Templar Protocol$11.52MLending$30.76M−2.3%–
97Sierra Protocol$11.11MYield$43.64M−0.4%$170
983Jane Lending$10.68MUncollateralised lending$10.68M−7.7%$1.56K
99UNCX Network V3$10.19MToken lockers$27.27M−4.2%–
100THORChain DEX$9.96MDEXs$65.07M+0.7%$56.14K
101Aura$9.80MYield$9.80M−0.9%–
102Bancor V2.1$9.60MDEXs$9.60M−1.4%$246
103Native Credit Pool$9.31MLending$21.59M+6.2%$491
104Privacy Pools$9.22MPrivacy$9.24M−1.7%$345
105Wildcat Protocol$8.43MUncollateralised lending$8.44M+185.1%$45.33K
106Fira$7.74MLending$7.74M−11.5%$807
107Flying Tulip Lend$7.70MLending$9.39M+0.8%$682
108Metronome Synth$7.67MSynthetics$10.45M−0.7%$374
109CLever$7.65MYield$7.65M+27.4%$111
110Aave V1$7.56MLending$7.56M−1.6%–
111Aero Slipstream$7.27MDEXs$81.50M+2,446%$15.94K
112Royco V2$7.27MYield$14.97M−11.7%–
113Capyfi$6.95MLending$7.13M+0.9%$1.04K
114Mento V2$6.75MAlgorithmic stablecoins$8.97M−1.0%$6
115NUVA$6.64MYield$6.67M−3.7%–
116CommunityV3$6.55MDEXs$6.55M–$10.29K
117The Idols$6.51MReserve currency$6.51M−0.2%–
118Seamless V2$6.45MLending$6.51M−0.1%–
119Yuzu Money$6.34MYield$77.08M−3.7%$18.75K
120cVault Finance$6.27MYield$6.27M−1.4%–
121Angstrom$5.86MDEXs$5.86M−0.3%$1.03K
122ShibaSwap V1$5.83MDEXs$5.85M−1.8%$161
123Balancer V1$5.58MDEXs$5.58M−4.2%$118
124Inverse Finance Frontier$5.49MCDPs$5.49M−1.3%–
125Hakka Finance$5.29MDerivatives$5.29M−0.8%–
126FermiSwap$5.26MDEXs$5.26M0.0%–
127Chain Fusion$5.24MDecentralised BTC$24.49M+0.9%–
128mStable V2$5.06MCDPs$5.06M+22.5%$483
129Contango V2$5.06MDerivatives$7.36M−2.1%$7
130PoWH3D$4.89MYield farms$4.89M−0.7%–
131Frax Swap$4.58MDEXs$10.28M−2.0%$302
132Legion$4.19MLaunchpads$4.19M−6.8%–
133Pirex$4.07MYield$4.15M+26.6%–
134Tangent Finance$3.90MLending$3.90M−1.0%$1.05K
135Easedefi.org$3.87MInsurance$3.87M−14.1%–
136Uniswap V1$3.78MDEXs$3.78M−4.6%$114
137Unslashed$3.57MInsurance$3.57M−0.1%–
138TermFinance Lend$3.53MLending$3.53M−0.3%–
139Ribbon$3.52MOptions vault$4.09M+0.3%–
140Lista DEX$3.28MDEXs$32.96M−3.5%$0
141Compound V1$3.16MLending$3.16M−0.5%–
142Gondi V3$2.96MNFT lending$2.96M+2.0%$9.48K
143Blur Lending$2.93MNFT lending$2.93M−8.3%–
144Ekubo$2.90MDEXs$30.03M−6.9%$8.55K
1451inch Swap$2.90MDEX aggregators$3.17M−0.8%–
146Fomo3D$2.83MYield farms$2.83M−0.5%–
147TokenWorks$2.82MNFT automated strategies$2.82M+2.3%$92.80K
148DODO AMM$2.75MDEXs$13.81M+11.2%$5.61K
149Universe XYZ$2.75MYield$2.75M−4.5%–
150mStable CDP$2.68MCDPs$2.80M0.0%–
151Reflexer$2.53MCDPs$2.53M−0.8%–
152Venus Core Pool$2.49MLending$1.23B−2.0%$30.14K
153Abracadabra Spell$2.48MCDPs$4.75M−0.4%$6
154Goldfinch$2.36MUncollateralised lending$2.36M+24.5%$18
155Asymmetry Finance$2.33MIndex protocols$2.33M+20.0%–
156Punks Terminal$2.28MNFT marketplaces$2.28M+10.5%–
157Ensuro$2.27MInsurance$2.27M−0.3%$382
158SATO$2.24MDEXs$2.24M−2.6%–
159Usual ETH0$2.22MSynthetics$2.22M−0.2%–
160Threshold thUSD$2.18MCDPs$2.18M+0.3%–
161Blast pre-launch Farm$2.15MYield farms$2.15M−2.4%–
162SingularX$2.06MDEXs$2.06M−0.5%–
163NFTX$1.99MNFT marketplaces$1.99M+0.3%–
164Metric V1$1.97MDEXs$17.42M+130.7%–
165Flex$1.97MLending$1.97M+2.3%$160
166Sablier Lockup$1.88MPayments$1.92M−13.0%–
167Saffron Vaults$1.87MYield$2.88M+9.8%–
168Vectis Finance$1.80MYield$5.12M−0.5%–
169Bio Protocol$1.76MLaunchpads$3.19M−4.8%–
170Reservoir Protocol$1.74MCDPs$68.85M−1.1%$17.92K
171PancakeSwap AMM$1.67MDEXs$1.56B−0.1%$66.18K
172Silo V2$1.58MLending$5.60M−7.9%$163
173FlokiFi Locker$1.50MToken lockers$12.28M+0.2%–
174Unitus$1.47MLending$6.34M−0.2%–
175UNCX Network V4$1.27MToken lockers$4.51M−5.1%–
176Superfluid$1.23MPayments$5.70M+3.9%–
177Steer Protocol$1.16MLiquidity managers$18.07M−2.9%$928
178Penpie$1.14MYield$6.62M+2.7%$60
179Revert Lend$1.05MLending$6.84M+1.2%$819
180StableHodl$999.2KYield$6.36M0.0%–
181Gamma$986.6KLiquidity managers$2.96M+0.7%$1.32K
182Hegic$948.9KOptions$9.20M−1.3%$432
183AlphaX$769.2KDerivatives$3.21M+6.8%–
184Moonwell Lending$715.0KLending$10.21M−14.7%$3.55K
185Spectra V2$691.8KYield$10.02M−2.7%$57
186ICHI$631.3KLiquidity managers$6.51M−1.6%–
187AZverse Perps$630.6KDerivatives$52.03M0.0%$34.37K
188DxSale$627.6KLaunchpads$18.99M+1.8%–
189ZyFAI$489.3KAI agents$10.31M−0.7%$124
190River Omni-CDP$451.7KCeDeFi$91.68M−9.7%–
191Sushi BentoBox$444.4KYield$2.44M−1.4%–
192Toros$419.5KYield$5.36M−16.5%$344
193LlamaPay$264.1KPayments$2.10M−4.9%–
194Wing Finance$217.9KLending$5.21M−0.1%$2
195Ambient$191.6KDEXs$2.09M−0.6%$136
196QiDao$188.7KCDPs$2.23M−0.1%–
197Doppler Finance$173.2KCeDeFi$119.9M+0.7%$8.43K
198Bitlayer YBTC Family$167.2KAnchored BTC$32.75M+0.2%–
199Extended Perps$155.0KDerivatives$114.2M−1.5%$42.69K
200Chamber Vaults$110.3KIndex protocols$25.04M+1.4%$1.55K
201Strike Finance Perpetuals$80.85KDerivatives$2.15M−8.8%$1.68K
202EmpireDEX$79.54KDEXs$2.82M+2.1%$0
203Folks Finance xChain$78.22KLending$4.07M−12.1%$353
204BiFi$67.38KLending$14.29M+41.8%–
205SUBFROST$55.90KDecentralised BTC$8.98M+1.3%–
206GoPlus Locker V3$13.23KToken lockers$30.87M+0.6%–
207Harmonix Finance$12.69KYield$6.45M−0.4%–
208Kinza Finance$11.56KLending$2.88M+0.6%$140
209Tranchess Yield$6.48KYield$4.97M−0.1%–
210Ledgity Yield$3.81KYield$2.36M−0.1%–
211Goose$1.82KCeDeFi$12.80M0.0%–
212BIMA CDP$1.65KCDPs$10.93M+0.9%–

Not in the Ethereum total

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