DeFi · total value locked

Where the capital actually sits

Total value locked across every chain, live. TVL is a rough measure — it counts deposited value, not profit, and double-counts assets bridged between chains — but it is the clearest read on where liquidity has moved.

Total TVL

top 40 chains

Chains tracked

with non-zero TVL

Largest chain

Top-chain share

of tracked TVL

#ChainTVLShare
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Data from DefiLlama. Chain TVL moves with token prices as well as deposits, so a rising number is not automatically new money. More on reading market data.