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DeFi

Live· 9 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$300.6B−1.10 %
Liquid Staking123$53.0B+2.73 %
Bridge78$51.9B+859.66 %
Lending142$51.1B+2.90 %
RWA88$27.8B+1938.14 %
Staking Pool14$14.8B+3.67 %
Dexs264$13.2B+4.15 %
Restaking8$10.1B+1.11 %
Canonical Bridge49$10.1B+3.38 %
Risk Curators56$9.69B+1.63 %
Onchain Capital Allocator36$9.56B+1.86 %
CDP43$7.80B−0.48 %

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+1.88 %−0.68 %
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
USDTSpark Savings · EthereumYield$376.7M3.50 %3.50 %
USDSSpark Savings · ArbitrumYield$362.7M3.60 %3.60 %
USDCSpark Savings · EthereumYield$314.4M3.60 %3.60 %
FXSAVEConcentrator · EthereumYield$76.6M6.67 %
ETHSpark Savings · EthereumYield$59.9M1.50 %1.50 %
ETH-STETHConvex Finance · EthereumYield$55.8M1.35 %1.35 %0.00 %0.00 %
USDAIPendle V2 · ArbitrumYield$50.3M1.71 %1.66 %0.05 %2.84 %
USDAIPendle V2 · ArbitrumYield$50.3M8.72 %8.72 %
DOLA-SUSDEConvex Finance · EthereumYield$50.3M4.81 %1.24 %3.57 %74.22 %
SDAIsDAI · GnosisYield$50.2M4.24 %4.24 %
CVXCRVConvex Finance · EthereumYield$49.4M10.68 %10.68 %
  • Exposed to impermanent loss
USDGSpark Savings · Robinhood ChainYield$40.7M3.50 %3.50 %
SDCRVStake DAO Yield · EthereumYield$40.0M11.96 %0.00 %11.96 %100.00 %
  • Almost entirely token emissions, not fee revenue
FRAX-USDEConvex Finance · EthereumYield$33.9M4.31 %0.02 %4.29 %99.54 %
  • Almost entirely token emissions, not fee revenue
SYZUSDYuzu Money · PlasmaYield$32.4M7.72 %7.72 %
SIUSDinfiniFi · EthereumYield$28.5M5.74 %5.74 %
SRUSDEStrata Markets · EthereumYield$22.5M3.93 %3.93 %
ETH-STETHConvex Finance · EthereumYield$22.3M1.92 %1.63 %0.29 %15.02 %
APYUSDPendle V2 · EthereumYield$21.4M13.28 %13.12 %0.16 %1.24 %
APYUSDPendle V2 · EthereumYield$21.4M14.05 %14.05 %
USDCHarmonix Finance · Hyperliquid L1Yield$21.0M7.13 %7.13 %0.00 %0.00 %
SUSDEPendle V2 · MonadYield$20.9M8.12 %8.04 %0.08 %1.02 %
SUSDEPendle V2 · MonadYield$20.9M5.17 %5.17 %
WETHAUTOfinance · EthereumYield$19.8M2.66 %2.49 %0.18 %6.61 %
STETH-FRXETHConvex Finance · EthereumYield$17.8M1.82 %0.87 %0.95 %52.16 %
SIERRAPendle V2 · EthereumYield$14.8M6.86 %6.68 %0.18 %2.65 %
SIERRAPendle V2 · EthereumYield$14.8M8.80 %8.80 %
USDT-WBTC-WETHConvex Finance · EthereumYield$13.5M3.78 %2.24 %1.54 %40.67 %
  • Exposed to impermanent loss
SUSDAIPendle V2 · ArbitrumYield$13.1M8.34 %8.16 %0.18 %2.18 %
SUSDAIPendle V2 · ArbitrumYield$13.1M11.33 %11.33 %
CRVUSDConvex Finance · EthereumYield$13.1M5.96 %2.93 %3.04 %50.95 %
SYZUSDYuzu Money · MonadYield$12.5M7.72 %7.72 %
CVXConvex Finance · EthereumYield$12.2M3.21 %3.21 %
USDC-RLUSDConvex Finance · EthereumYield$12.1M0.15 %0.15 %0.00 %0.01 %
USDSSpark Savings · BaseYield$12.0M3.60 %3.60 %
SFRXUSD-FRXUSDConvex Finance · EthereumYield$11.9M3.50 %2.23 %1.27 %36.29 %
USDCGrowiHF · Hyperliquid L1Yield$11.3M9.45 %
  • DefiLlama flags this APY as an outlier
  • APY has been highly unstable
FRXUSD-CRVUSDConvex Finance · EthereumYield$11.2M5.89 %0.35 %5.54 %94.06 %
  • Almost entirely token emissions, not fee revenue
REUSDPendle V2 · EthereumYield$10.5M9.21 %8.39 %0.81 %8.82 %
REUSDPendle V2 · EthereumYield$10.5M10.78 %10.78 %
WETH-WEETHConvex Finance · EthereumYield$10.2M2.57 %1.63 %0.94 %36.53 %
USDC-CRVUSDConvex Finance · EthereumYield$10.0M6.39 %0.84 %5.55 %86.86 %
USDCSpark Savings · AvalancheYield$9.48M3.60 %3.60 %
SYZUSDYuzu Money · SeiYield$9.28M7.72 %7.72 %
USDC-FXUSDConvex Finance · EthereumYield$8.96M0.31 %0.31 %0.00 %0.04 %
LHYPELooped Hype · Hyperliquid L1Yield$8.79M0.00 %0.00 %
USDT-CRVUSDConvex Finance · EthereumYield$8.79M7.26 %1.80 %5.46 %75.22 %
ETH+-WETHConvex Finance · EthereumYield$8.74M8.09 %5.00 %3.09 %38.22 %
CRVUSDConvex Finance · EthereumYield$8.61M6.09 %2.32 %3.77 %61.95 %
ARM-WETHOrigin ARM · EthereumYield$8.31M2.09 %2.09 %
  • Exposed to impermanent loss

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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