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Rankings · refreshed at build

Top DeFi protocols by TVL

The largest DeFi protocols by total value locked (TVL) as of 23 September 2026 include Lido, Aave V3, SSV Network, Morpho Blue, Binance staked ETH. CEX custody balances are excluded. TVL measures assets deposited in smart contracts — it is not a safety score. Skip this table if you wanted exchange AUM.

Data source: DeFiLlama · Last refreshed 23 September 2026

# Protocol TVL
1 Lido $27.03B
2 Aave V3 $18.76B
3 SSV Network $14.45B
4 Morpho Blue $11.06B
5 Binance staked ETH $10.29B
6 WBTC $10.08B
7 Coinbase Bridge $8.71B
8 LayerZero V2 $7.89B
9 Hyperliquid Bridge $7.49B
10 EigenCloud $7.25B
11 Binance Bitcoin $5.90B
12 SparkLend $5.83B
13 Sky Lending $5.72B
14 ether.fi Stake $5.21B
15 Ethena USDe $4.89B
16 JustLend V1 $3.95B
17 Arbitrum Bridge $3.55B
18 Babylon Protocol $3.49B
19 USDT0 $3.38B
20 Maple $3.13B
21 Steakhouse Financial $3.12B
22 Base Bridge $3.12B
23 Polygon Bridge $2.94B
24 JustCryptos $2.87B
25 Sentora Curator $2.70B
26 Spark Liquidity Layer $2.66B
27 Veda $1.94B
28 PancakeSwap AMM $1.94B
29 Sanctum Validator LSTs $1.88B
30 CCIP $1.82B
31 Portal $1.80B
32 Uniswap V3 $1.68B
33 Gauntlet $1.65B
34 Compound V3 $1.54B
35 Rocket Pool $1.44B
36 Kamino Lend $1.43B
37 Venus Core Pool $1.39B
38 Raydium AMM $1.34B
39 Curve DEX $1.32B
40 Pendle V2 $1.31B
41 Concrete $1.29B
42 USDD $1.29B
43 Spark Savings $1.27B
44 Grove Finance $1.25B
45 Uniswap V4 $1.25B
46 Kinetiq kHYPE $1.24B
47 Jito Liquid Staking $1.23B
48 Binance Staked SOL $1.21B
49 Falcon Finance $1.21B
50 Jupiter Lend $1.19B
51 Kelp $1.18B
52 Unit $1.07B
53 StakeWise V3 $1.04B
54 Uniswap V2 $1.03B
55 Lista Lending $927.0M
56 Lista Liquid Staking $911.3M
57 Liquid Collective $884.7M
58 Robinhood Chain Bridge $856.5M
59 Jupiter Perpetual Exchange $822.3M
60 Kraken Bitcoin $819.1M
61 Tornado Cash $792.1M
62 Fluid Lending $746.5M
63 Lombard LBTC $734.1M
64 Function FBTC $721.5M
65 Optimism Bridge $685.2M
66 Lighter Bridge $645.8M
67 mETH Protocol $642.2M
68 Convex Finance $612.9M
69 Obol $612.8M
70 Jupiter Staked SOL $612.3M
71 Aave V4 $605.3M
72 SolvBTC $555.4M
73 Bittensor dTAO $553.4M
74 Invesco USTB $544.2M
75 Aster Bridge $537.8M
76 K3 Capital $528.1M
77 Coinbase Wrapped Staked ETH $526.0M
78 Lorenzo enzoBTC $521.8M
79 Symbiotic $487.7M
80 Ethena USDtb $475.8M
81 Merlins Seal $462.4M
82 ether.fi Liquid $458.2M
83 HyperLend Pooled $454.0M
84 Marinade Native $452.3M
85 World Chain $425.5M
86 Upshift $424.7M
87 Bedrock uniBTC $400.0M
88 RocketSwap Anubis $397.7M
89 PumpSwap $381.9M
90 Re $380.4M
91 tBTC $375.4M
92 Defi Saver Asset Management $374.0M
93 Dolomite $369.8M
94 Huma Finance V2 $369.2M
95 Euler V2 $362.8M
96 cap $348.6M
97 PancakeSwap AMM V3 $345.3M
98 Polymarket International $336.6M
99 Anemoy Capital $334.0M
100 Drift Staked SOL $333.7M

TVL is a snapshot metric — it changes continuously as users deposit and withdraw. CEX custody balances are excluded. Download the same table as CSV or the Frictionless Data Package. Use our protocol guides and live APY tools for deeper analysis. Curve, Convex, Resupply, Inverse Finance and Frax are covered in the lending hub even when they sit below the top TVL rows.