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DeFi

Live· 1 min ago

protocols · categories · yields

Category rollup

Capital rotation by category — TVL and a TVL-weighted 7-day change, so a handful of large protocols cannot be outvoted by a small one that moved a lot.

DeFi protocol categories by TVL
CategoryProtocolsTVL7d change (TVL-wtd)
CEX68$300.2B−1.10 %
Liquid Staking123$53.0B+2.73 %
Bridge78$51.9B+859.59 %
Lending142$51.1B+2.89 %
RWA88$27.8B+1938.14 %
Staking Pool14$14.8B+3.67 %
Dexs264$13.2B+4.13 %
Restaking8$10.1B+1.11 %
Canonical Bridge49$10.1B+3.49 %
Risk Curators56$9.69B+1.63 %
Onchain Capital Allocator36$9.56B+1.86 %
CDP43$7.81B−0.38 %

Protocol leaderboard

DeFi protocols ranked by TVL
#ProtocolCategoryChainsTVL24h7d
1Binance CEXCEXEthereum, Bitcoin, Binance, Solana +28$167.4B+0.58 %−1.25 %
2OKXCEXEthereum, Bitcoin, X Layer, Solana +16$30.2B−0.63 %+0.29 %
3LidoLiquid StakingEthereum, Solana, Terra, Moonriver +1$24.6B−2.21 %+3.35 %
4BitfinexCEXBitcoin, Ethereum, Solana, Tron +16$19.1B−1.21 %−0.13 %
5Aave V3LendingEthereum, Base, Arbitrum, Plasma +17$17.6B−1.62 %+0.96 %
6RobinhoodCEXBitcoin, Ethereum, Polygon, Avalanche$14.3B−1.76 %−1.59 %
7BybitCEXEthereum, Bitcoin, Solana, Binance +33$14.1B−10.75 %−3.77 %
8SSV NetworkStaking PoolEthereum$13.3B+1.56 %+4.00 %
9Morpho BlueLendingEthereum, Base, Robinhood Chain, Hyperliquid L1 +40$9.74B−0.40 %−0.05 %
10Binance staked ETHLiquid StakingEthereum, Binance$9.46B−2.24 %+3.36 %
11WBTCBridgeBitcoin$9.02B−1.64 %−2.89 %
12Coinbase BridgeBridgeBitcoin, Ripple, Cardano, Doge +1$7.91B−1.65 %−0.84 %
13LayerZero V2BridgeEthereum, ApeChain, Arbitrum, Base +87$7.17B−0.29 %−0.20 %
14GateCEXEthereum, Bitcoin, Binance, Solana +151$6.96B−0.41 %−0.19 %
15EigenCloudRestakingEthereum$6.67B−2.27 %+3.13 %
16Hyperliquid BridgeBridgeHyperliquid L1, Arbitrum$6.59B−1.11 %−0.58 %
17BitgetCEXBitcoin, Ethereum, Solana, Binance +20$5.85B+0.22 %−2.46 %
18Sky LendingCDPEthereum$5.48B+0.67 %−0.53 %
19MEXCCEXEthereum, Bitcoin, Solana, Binance +11$5.29B−0.82 %−0.54 %
20Binance BitcoinBridgeBitcoin$5.28B−1.64 %−2.89 %
21DeribitCEXBitcoin, Ethereum, Solana, Ripple +2$5.23B−1.15 %+2.52 %
22GeminiCEXBitcoin, Ethereum$5.19B−1.73 %−2.22 %
23SparkLendLendingEthereum, xDai$4.87B−1.71 %+8.52 %
24ether.fi StakeLiquid StakingEthereum, Scroll, Base, Optimism +1$4.70B+1.84 %+4.24 %
25BitstampCEXBitcoin, Ethereum, Ripple, Solana +6$4.61B+1.01 %−1.46 %

Yield table

apyBase is fee revenue the pool actually earned; apyReward is token emissions. A high headline APY that is almost entirely reward is a different proposition from one earned in fees — that split, and DefiLlama’s own caveats, are shown for every row. Outlier pools are never removed; they stay visible with the reason flagged.

DeFi yield pools with the apyBase/apyReward split and caveats
PoolCategoryTVLAPYBaseRewardReward shareCaveats
PYUSD-USDCKamino Liquidity · SolanaLiquidity Manager$19.0M0.90 %0.90 %0.00 %0.00 %
USDG-USDCKamino Liquidity · SolanaLiquidity Manager$10.5M0.07 %0.07 %0.00 %0.00 %
SYRUPUSDC-USDCKamino Liquidity · SolanaLiquidity Manager$10.0M0.05 %0.05 %0.00 %0.00 %
SOL-JITOSOLKamino Liquidity · SolanaLiquidity Manager$6.90M0.00 %0.00 %0.00 %0.00 %
  • Exposed to impermanent loss
USDU-USDCKamino Liquidity · SolanaLiquidity Manager$4.01M0.00 %0.00 %0.00 %
HYUSD-USDCKamino Liquidity · SolanaLiquidity Manager$2.05M1.19 %1.19 %0.00 %0.00 %
USDG-ONYCKamino Liquidity · SolanaLiquidity Manager$2.04M1.26 %1.26 %0.00 %0.00 %
  • Exposed to impermanent loss
MPLX-SOLKamino Liquidity · SolanaLiquidity Manager$2.01M0.00 %0.00 %0.00 %
  • Exposed to impermanent loss
USDG-USXKamino Liquidity · SolanaLiquidity Manager$1.99M0.00 %0.00 %0.00 %
JITOSOL-SOLKamino Liquidity · SolanaLiquidity Manager$1.96M0.00 %0.00 %0.00 %0.00 %
  • Exposed to impermanent loss
KMNO-USDCKamino Liquidity · SolanaLiquidity Manager$1.49M2.47 %2.47 %0.00 %0.00 %
  • Exposed to impermanent loss
SOL-JITOSOLKamino Liquidity · SolanaLiquidity Manager$1.48M0.00 %0.00 %0.00 %
  • Exposed to impermanent loss
USDG-XBTCKamino Liquidity · SolanaLiquidity Manager$1.18M2.76 %2.76 %0.00 %0.00 %
  • Exposed to impermanent loss
JTO-JITOSOLKamino Liquidity · SolanaLiquidity Manager$1.09M11.30 %11.30 %0.00 %0.00 %
  • Exposed to impermanent loss
  • APY has been highly unstable
JUP-SOLKamino Liquidity · SolanaLiquidity Manager$838.73K249.85 %249.85 %0.00 %0.00 %
  • DefiLlama flags this APY as an outlier
  • Exposed to impermanent loss
  • APY has been highly unstable
SOL-MSOLKamino Liquidity · SolanaLiquidity Manager$753.69K0.60 %0.60 %0.00 %0.00 %
  • Exposed to impermanent loss
DPX-PLSDPXGamma · ArbitrumLiquidity Manager$707.11K0.00 %0.00 %0.00 %
  • Exposed to impermanent loss
USDS-USDCKamino Liquidity · SolanaLiquidity Manager$667.88K0.00 %0.00 %0.00 %
USDS-USDCKamino Liquidity · SolanaLiquidity Manager$644.72K0.00 %0.00 %0.00 %
MPLX-USDCKamino Liquidity · SolanaLiquidity Manager$581.93K1.71 %1.71 %0.00 %0.00 %
  • Exposed to impermanent loss
SOL-BSOLKamino Liquidity · SolanaLiquidity Manager$543.33K0.57 %0.57 %0.00 %0.00 %
  • Exposed to impermanent loss
USDG-SYRUPUSDCKamino Liquidity · SolanaLiquidity Manager$529.41K0.00 %0.00 %0.00 %
WETH-ETH+Steer Protocol · EthereumLiquidity Manager$526.25K0.14 %0.14 %
USDG-USDEKamino Liquidity · SolanaLiquidity Manager$497.56K3.14 %3.14 %0.00 %0.00 %
LQTY-WETHGamma · EthereumLiquidity Manager$444.58K2.06 %2.06 %0.00 %0.00 %
  • Exposed to impermanent loss
  • APY has been highly unstable
JUP-JITOSOLKamino Liquidity · SolanaLiquidity Manager$420.71K28.64 %28.64 %0.00 %0.00 %
  • Exposed to impermanent loss
  • APY has been highly unstable
CASH-USDCKamino Liquidity · SolanaLiquidity Manager$404.10K3.11 %3.11 %0.00 %0.00 %
OPEN-WETHSteer Protocol · EthereumLiquidity Manager$362.45K5.97 %5.97 %
  • Exposed to impermanent loss
USDCArcadia V2 · BaseLiquidity Manager$349.86K12.42 %12.42 %
USDC-JITOSOLKamino Liquidity · SolanaLiquidity Manager$324.76K15.87 %15.87 %0.00 %0.00 %
  • DefiLlama flags this APY as an outlier
  • Exposed to impermanent loss
  • APY has been highly unstable
SOL-USDCKamino Liquidity · SolanaLiquidity Manager$320.30K20.33 %20.33 %0.00 %0.00 %
  • DefiLlama flags this APY as an outlier
  • Exposed to impermanent loss
  • APY has been highly unstable
RDPX-WETHGamma · ArbitrumLiquidity Manager$311.04K0.00 %0.00 %0.00 %
  • Exposed to impermanent loss
WETH-WSTETHGamma · GnosisLiquidity Manager$258.13K0.00 %0.00 %0.00 %
WM-USDCKamino Liquidity · SolanaLiquidity Manager$250.34K0.00 %0.00 %0.00 %
  • Exposed to impermanent loss
SOL-TRUMPKamino Liquidity · SolanaLiquidity Manager$241.38K29.13 %29.13 %0.00 %0.00 %
  • DefiLlama flags this APY as an outlier
  • Exposed to impermanent loss
  • APY has been highly unstable
  • Small pool — APY can move sharply on modest deposits
PST-USDCKamino Liquidity · SolanaLiquidity Manager$232.57K0.00 %0.00 %0.00 %
  • Exposed to impermanent loss
  • Small pool — APY can move sharply on modest deposits
JUP-BSOLKamino Liquidity · SolanaLiquidity Manager$219.02K47.97 %47.97 %0.00 %0.00 %
  • Exposed to impermanent loss
  • APY has been highly unstable
  • Small pool — APY can move sharply on modest deposits
JLP-JITOSOLKamino Liquidity · SolanaLiquidity Manager$213.99K10.69 %10.69 %0.00 %0.00 %
  • Exposed to impermanent loss
  • APY has been highly unstable
  • Small pool — APY can move sharply on modest deposits
CBBTCArcadia V2 · BaseLiquidity Manager$206.21K0.47 %0.47 %
  • Small pool — APY can move sharply on modest deposits
KMNO-JITOSOLKamino Liquidity · SolanaLiquidity Manager$197.94K4.94 %4.94 %0.00 %0.00 %
  • Exposed to impermanent loss
  • APY has been highly unstable
  • Small pool — APY can move sharply on modest deposits
RSR-WETHSteer Protocol · EthereumLiquidity Manager$180.03K53.99 %53.99 %
  • DefiLlama flags this APY as an outlier
  • Exposed to impermanent loss
  • APY has been highly unstable
  • Small pool — APY can move sharply on modest deposits
MSOL-USDCKamino Liquidity · SolanaLiquidity Manager$174.66K12.34 %12.34 %0.00 %0.00 %
  • Exposed to impermanent loss
  • Small pool — APY can move sharply on modest deposits
XY-USD₮0Gamma · ArbitrumLiquidity Manager$146.41K0.00 %0.00 %0.00 %
  • Exposed to impermanent loss
  • Small pool — APY can move sharply on modest deposits
DGI-WETHSteer Protocol · EthereumLiquidity Manager$122.75K6.94 %6.94 %
  • Exposed to impermanent loss
  • Small pool — APY can move sharply on modest deposits
HYUSD-JITOSOLKamino Liquidity · SolanaLiquidity Manager$122.28K5.40 %5.40 %0.00 %0.00 %
  • Exposed to impermanent loss
  • Small pool — APY can move sharply on modest deposits
DFX-WETHSteer Protocol · EthereumLiquidity Manager$120.39K7.95 %7.95 %
  • Exposed to impermanent loss
  • Small pool — APY can move sharply on modest deposits
WETH-USDCGamma · ArbitrumLiquidity Manager$117.69K0.00 %0.00 %0.00 %
  • DefiLlama flags this APY as an outlier
  • Exposed to impermanent loss
  • APY has been highly unstable
  • Small pool — APY can move sharply on modest deposits
JLP-USDCKamino Liquidity · SolanaLiquidity Manager$115.50K16.14 %16.14 %0.00 %0.00 %
  • Exposed to impermanent loss
  • APY has been highly unstable
  • Small pool — APY can move sharply on modest deposits
SOL-BORGKamino Liquidity · SolanaLiquidity Manager$115.23K0.00 %0.00 %0.00 %
  • Exposed to impermanent loss
  • APY has been highly unstable
  • Small pool — APY can move sharply on modest deposits
SOL-WIFKamino Liquidity · SolanaLiquidity Manager$114.90K18.25 %18.25 %0.00 %0.00 %
  • DefiLlama flags this APY as an outlier
  • Exposed to impermanent loss
  • APY has been highly unstable
  • Small pool — APY can move sharply on modest deposits

RWA-paired pools

A naive version of this view — match any pool whose symbol contains an RWA token — is wrong, because RWA protocols also hold ordinary stables like USDC; this instead finds the tokens that single-sided RWA deposits actually identify and shows only pools genuinely paired against one of those.

Pools paired against an RWA-issued token
PoolCategoryTVLAPYBaseRewardReward shareCaveats
CTWLFICX-PRIMEConcrete · EthereumOnchain Capital Allocator$103.9M0.00 %0.00 %
  • Exposed to impermanent loss
PT-REUSD-10DEC2026Morpho Blue · EthereumLending$103.9M0.00 %0.00 %
  • Exposed to impermanent loss
THUSD-THBILL-STABLEConcrete · StableOnchain Capital Allocator$66.4M0.00 %0.00 %
  • Exposed to impermanent loss
SUSDAI-USDCFluid DEX · EthereumDexs$26.4M0.00 %0.00 %
SUSDAI-USDTFluid DEX · EthereumDexs$26.4M0.13 %0.13 %
REUSD-USDTFluid DEX · EthereumDexs$25.0M0.66 %0.66 %
KPK-USDC-PRIMEMorpho Blue · EthereumLending$20.7M4.40 %4.40 %0.00 %0.00 %
  • Exposed to impermanent loss
SUSDAI-USDCFluid DEX · ArbitrumDexs$17.9M0.01 %0.01 %
SUSDAI-USD₮0Fluid DEX · ArbitrumDexs$17.7M0.02 %0.02 %
  • Exposed to impermanent loss
APYUSD-APXUSDCurve DEX · EthereumDexs$16.5M6.77 %6.77 %0.00 %0.00 %
REUSD-SCRVUSDCurve DEX · EthereumDexs$13.3M8.47 %0.73 %7.74 %91.38 %
  • Almost entirely token emissions, not fee revenue
USAT-USDTCurve DEX · EthereumDexs$10.0M0.00 %0.00 %0.00 %
PYUSD-PRIMEOrca DEX · SolanaDexs$9.63M7.87 %7.87 %0.00 %0.00 %
  • Exposed to impermanent loss
PRIME-USDCUniswap V3 · EthereumDexs$9.00M0.19 %0.19 %
  • Exposed to impermanent loss
PT-REUSD-10DEC2026Morpho Blue · EthereumLending$8.21M0.00 %0.00 %
  • Exposed to impermanent loss
REUSD-SCRVUSDConvex Finance · EthereumYield$7.61M14.28 %0.73 %13.55 %94.89 %
  • Almost entirely token emissions, not fee revenue
APYUSD-APXUSDOrca DEX · SolanaDexs$7.28M0.00 %0.00 %
ONYC-USDCOrca DEX · SolanaDexs$6.95M1.53 %1.53 %0.00 %0.00 %
  • Exposed to impermanent loss
REUSD-SCRVUSDStake DAO Yield · EthereumYield$6.23M15.06 %0.58 %14.48 %96.15 %
  • Almost entirely token emissions, not fee revenue
REUSD-SDOLACurve DEX · EthereumDexs$4.85M10.09 %1.77 %8.32 %82.47 %

Sources: defillama

Not financial advice. Facts and mechanisms only — never a recommendation, a price prediction, or anything aimed at you personally.

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