Ethereum TVL — total value locked

Total value locked (TVL) in DeFi protocols on Ethereum is about $45.86B; it ranks #1 among chains with a 52.3% share. TVL changed −9.6% over 7 days and −14.1% over 30 days. The largest protocol on the chain is Aave V3 ($13.49B, category: Lending).

TVL
$45.86B
Rank · share
#1 · 52.3%
7 days
−9.6%
30 days
−14.1%
1 year
−47.1%
From 1y high
−47.1%

Ethereum TVL chart — last year

Oct 29, 2025 – Oct 29, 2026high $86.39B (Oct 29, 2025)low $36.39B (Jun 7, 2026)vertical axis does not start at zero

Largest DeFi protocols on Ethereum

#ProtocolCategoryTVL on Ethereum
1Aave V3Lending$13.49B
2Sky LendingCDP$5.23B
3Morpho BlueLending$5.09B
4SparkLendLending$5.06B
5Ethena USDeBasis Trading$4.54B
6Falcon FinanceBasis Trading$1.72B
7Compound V3Lending$1.23B
8Curve DEXDexs$1.10B
9Spark SavingsYield$969.9M
10Uniswap V3Dexs$856.9M

Breakdown by category

Lending$27.69B · 52
Basis Trading$6.57B · 12
CDP$5.80B · 11
Dexs$3.94B · 7
Yield$3.01B · 6
RWA$1.90B · 4
Other$4.53B · 8

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 Ethereum TVL?

Total value locked (TVL) in DeFi protocols on Ethereum is about $45.86B; it ranks #1 among chains with a 52.3% share. TVL changed −9.6% over 7 days and −14.1% over 30 days. The largest protocol on the chain is Aave V3 ($13.49B, category: Lending). (2026-10-29 10:03 UTC)

How did Ethereum TVL change over the last year?

−47.1% over one year. High $86.39B, low $36.39B; currently −47.1% from the high. TVL is in dollars, so token prices are part of the change.

What are the largest DeFi protocols on Ethereum?

By TVL: Aave V3 $13.49B, Sky Lending $5.23B, Morpho Blue $5.09B, SparkLend $5.06B, Ethena USDe $4.54B.

Other chains