Avalanche TVL — total value locked

Total value locked (TVL) in DeFi protocols on Avalanche is about $549.9M; it ranks #14 among chains with a 0.6% share. TVL changed −5.2% over 7 days and −10.8% over 30 days. The largest protocol on the chain is Aave V3 ($287.6M, category: Lending).

TVL
$549.9M
Rank · share
#14 · 0.6%
7 days
−5.2%
30 days
−10.8%
1 year
−70.9%
From 1y high
−70.9%

Avalanche TVL chart — last year

Oct 28, 2025 – Oct 28, 2026high $1.94B (Oct 28, 2025)low $413.2M (Jul 25, 2026)vertical axis does not start at zero

Largest DeFi protocols on Avalanche

#ProtocolCategoryTVL on Avalanche
1Aave V3Lending$287.6M
2OpenTradeRWA$159.0M
3Benqi LendingLending$104.5M
4Aave V4Lending$41.7M
5Pharaoh V3Dexs$28.5M
6Sierra ProtocolYield$18.1M
7Joe DEXDexs$9.6M
8Yield Yak AggregatorYield Aggregator$9.2M
9Pharaoh DLMMDexs$8.9M
10Republic NoteRWA$8.4M

Breakdown by category

Lending$453.3M · 58
RWA$177.7M · 23
Dexs$80.6M · 10
Yield$31.7M · 4
Yield Aggregator$12.6M · 2
Derivatives$10.1M · 1
Other$11.5M · 1

The small number is the share of listed protocols' total (%). It does not match chain TVL exactly: DefiLlama removes double counting; bridges, staking pools, curator vaults and exchange wallets are excluded here.

Frequently asked questions

What is Avalanche TVL?

Total value locked (TVL) in DeFi protocols on Avalanche is about $549.9M; it ranks #14 among chains with a 0.6% share. TVL changed −5.2% over 7 days and −10.8% over 30 days. The largest protocol on the chain is Aave V3 ($287.6M, category: Lending). (2026-10-29 10:03 UTC)

How did Avalanche TVL change over the last year?

−70.9% over one year. High $1.94B, low $413.2M; currently −70.9% from the high. TVL is in dollars, so token prices are part of the change.

What are the largest DeFi protocols on Avalanche?

By TVL: Aave V3 $287.6M, OpenTrade $159.0M, Benqi Lending $104.5M, Aave V4 $41.7M, Pharaoh V3 $28.5M.

Other chains