Where is the value and activity, and how is dominance shifting?
STACKED BY CHAIN · TVL (USD)
Total Value Locked (TVL) = the aggregate US-dollar value of all assets deposited or staked in a chain's DeFi smart contracts: each asset's tokens locked × its current price, summed across the chain.
Top 10 chains in the most recent month are shown individually; the remaining tracked chains are grouped into Other. Source: DeFiLlama. How TVL works ↗
STACKED BY CHAIN · FEES (USD)
Transaction fees represent the total amount paid by users (in USD) to transact on each chain, including in-protocol transaction fees and out-of-protocol tips. Top 10 chains in the most recent month are shown individually; the remaining tracked chains are grouped into Other. Source: DeFiLlama.
STACKED BY CHAIN · DEX VOLUME (USD)
DEX volume represents the total spot trading volume (in USD) associated with decentralized exchange protocols on each chain. Top 10 chains in the most recent month are shown individually; the remaining tracked chains are grouped into Other. Source: DeFiLlama.
RANKED BY TVL · 24H / 7D / 30D CHANGE
Tracked chains ranked by total value locked (TVL), with 24-hour, 7-day and 30-day change. Source: DeFiLlama.