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reported protocol TVL rankings

Protocols, by nominal TVL

Rank DeFi and crypto venues by nominal USD TVL, category, chain coverage, and weekly tide, with price effects and source limits visible before comparison.

What this helps you compare

Bathymark's protocol TVL rankings show which DeFi and crypto venues report the most nominal USD TVL, which chains they operate on, their category, and whether their 7-day TVL tide is rising, falling, or flat. TVL is a depth proxy, not measured exit liquidity or deposit flow. Price effects are not removed, and no value is a promise of safety or redeemability.

DeFi liquidity tracker DeFiLlama TVL methodology nominal TVL tide signal

Observed protocol TVLCurrent validated snapshot

The largest protocol balances return first.

Binance CEX leads the visible venue scan at $138.54B in reported TVL. Each return uses a row already present in the ranking below.

protocol sonar · top venues by nominal USD TVL

Sonar scan of 12 venues placed by liquidity depth.

Source: DeFiLlama protocols API
Observation: Aug 11, 2026, 03:27 UTC
Unit: Nominal USD total value locked

Open method and limitation

Cadence: Validated roughly every minute
Method: Top 12 positive-TVL venues from this ranking. Distance from the center encodes square-root-scaled TVL. Angle is a deterministic layout aid and has no economic meaning.
What this cannot prove: TVL is a visible balance proxy. It does not prove deposit flow, custody quality, solvency, safety, redemption access, or executable exit depth.

Protocol lanes

This ranking mixes different objects. Use these lanes to separate apps, exchanges, bridges, RWA wrappers, lending markets, DEXes, staking wrappers, and derivatives before comparing nominal TVL rows.

Lane	Plain meaning	Visible in this ranking	What TVL cannot prove
DeFi apps	On-chain apps where users deposit, stake, route, or earn.	14 in top 80. Top visible: Lido.	TVL can be incentive-driven and is not proof that deposits are safe or sticky.
Centralized exchanges	Custodial venues that may appear in liquidity rosters.	19 in top 80. Top visible: Binance CEX.	Visible balances do not prove liabilities, custody controls, or withdrawal access.
Bridges	Infrastructure that moves assets or messages between chains.	12 in top 80. Top visible: WBTC.	Bridge TVL adds wrapper, validator, multisig, or messaging risk.
RWA protocols	Tokenized real-world asset, credit, Treasury, or fund wrappers.	11 in top 80. Top visible: BlackRock BUIDL.	Depth does not prove custody, legal enforceability, or redemption experience.
Lending	Markets where users borrow against collateral or supply assets.	11 in top 80. Top visible: Aave V3.	TVL does not prove collateral quality, oracle safety, or liquidation depth.
DEXes	On-chain swap venues and automated market makers.	6 in top 80. Top visible: PancakeSwap AMM.	Volume is turnover. TVL is a nominal pool-depth proxy. Neither proves the venue is safe or that capital arrived.
Liquid staking	Staked assets wrapped into transferable receipts or restaked positions.	9 in top 80. Top visible: Lido.	The receipt adds validator, operator, withdrawal, and wrapper dependency.
Perps and derivatives	Leveraged or synthetic markets built on collateral and funding mechanics.	0 in top 80. Top visible: No top-80 match.	Open interest and TVL do not show every liquidation or market-maker dependency.

Visible concentration

Where reported protocol TVL sits

top 80 venues

Categories are summed across this visible ranking. Bar length is the category's share of the summed row TVL, with the dollar value and protocol count kept beside it.

Sum of displayed rows$426.84B

Top five share48.8%

Largest venueBinance CEX$138.54B

CategoryShare of displayed TVLReported TVL

CEX18 venues, led by Binance CEX55.9%$238.49B

Bridge9 venues, led by WBTC9.1%$38.95B

Lending9 venues, led by Aave V38.3%$35.53B

Liquid Staking5 venues, led by Lido6.5%$27.61B

RWA11 venues, led by BlackRock BUIDL5.1%$21.68B

Staking Pool1 venue, led by SSV Network2.2%$9.26B

Restaking2 venues, led by EigenCloud1.8%$7.63B

Dexs6 venues, led by PancakeSwap AMM1.6%$7B

Source: DeFiLlama protocols API
Method: Current TVL summed by DeFiLlama category across the displayed top 80
Limit: Protocol rows can overlap, category labels can mix unlike products, and TVL is not custody, safety, or redeemability

Protocol	Category	Chain	Nominal TVL	7d tide
1Binance CEX	CEX	Multi-Chain	$138.54B	+0.8%
2OKX	CEX	Multi-Chain	$21.06B	-0.5%
3Lido	Liquid Staking	Multi-Chain	$17.76B	+1.8%
4Bitfinex	CEX	Multi-Chain	$16.72B	-1.5%
5Aave V3	Lending	Multi-Chain	$14.03B	+1.3%
6Bybit	CEX	Multi-Chain	$13.05B	+0.9%
7Robinhood	CEX	Multi-Chain	$11.56B	+0.6%
8SSV Network	Staking Pool	Ethereum	$9.26B	+0.6%
9Morpho Blue	Lending	Multi-Chain	$7.85B	+4.3%
10WBTC	Bridge	Bitcoin	$7.3B	+0.9%
11Binance staked ETH	Liquid Staking	Multi-Chain	$6.96B	+0.9%
12LayerZero V2	Bridge	Multi-Chain	$6.64B	-1.6%
13Coinbase Bridge	Bridge	Multi-Chain	$6.2B	+1.7%
14Hyperliquid Bridge	Bridge	Multi-Chain	$5.91B	-0.0%
15Sky Lending	CDP	Ethereum	$5.65B	+5.6%
16Gate	CEX	Multi-Chain	$5.42B	+3.6%
17Bitget	CEX	Multi-Chain	$5.04B	+1.5%
18EigenCloud	Restaking	Ethereum	$5.01B	+1.0%
19MEXC	CEX	Multi-Chain	$4.75B	+1.9%
20Binance Bitcoin	Bridge	Bitcoin	$4.36B	+0.8%
21Deribit	CEX	Multi-Chain	$4.23B	+3.7%
22Gemini	CEX	Multi-Chain	$4.22B	+1.2%
23HTX	CEX	Multi-Chain	$4.04B	+0.5%
24Ethena USDe	Basis Trading	Ethereum	$3.92B	+1.7%
25SparkLend	Lending	Multi-Chain	$3.63B	+0.7%
26BlackRock BUIDL	RWA	Multi-Chain	$3.52B	+0.6%
27JustLend V1	Lending	Tron	$3.34B	-1.1%
28USDT0	Bridge	Ethereum	$3.28B	-6.0%
29ether.fi Stake	Liquid Restaking	Multi-Chain	$3.25B	+0.8%
30Steakhouse Financial	Risk Curators	Multi-Chain	$3.16B	+3.8%
31Tether Gold	RWA	Multi-Chain	$3.13B	+8.5%
32Circle USYC	RWA	Multi-Chain	$3.01B	-0.0%
33Arbitrum Bridge	Canonical Bridge	Ethereum	$2.73B	-0.5%
34Polygon Bridge	Chain	Ethereum	$2.68B	+4.5%
35Babylon Protocol	Restaking	Bitcoin	$2.62B	-3.2%
36Ondo Yield Assets	RWA	Multi-Chain	$2.52B	-0.4%
37Maple	Lending	Multi-Chain	$2.5B	+9.5%
38Grove Finance	Onchain Capital Allocator	Multi-Chain	$2.42B	-0.4%
39KuCoin	CEX	Multi-Chain	$2.41B	-0.5%
40Spiko	RWA	Multi-Chain	$2.38B	+6.8%
41Base Bridge	Canonical Bridge	Ethereum	$2.25B	+0.3%
42Sentora	Risk Curators	Multi-Chain	$2.24B	+3.9%
43JustCryptos	Bridge	Tron	$2.04B	+0.7%
44Crypto-com	CEX	Multi-Chain	$2.01B	-5.1%
45Paxos Gold	RWA	Ethereum	$1.92B	+7.4%
46CCIP	Bridge	Multi-Chain	$1.81B	+6.2%
47PancakeSwap AMM	Dexs	Multi-Chain	$1.74B	+2.7%
48Centrifuge Protocol	RWA	Multi-Chain	$1.63B	-0.0%
49Figure Markets Exchange	OTC Marketplace	Provenance	$1.62B	+3.5%
50Spark Liquidity Layer	Onchain Capital Allocator	Multi-Chain	$1.55B	-2.7%
51Curve DEX	Dexs	Multi-Chain	$1.41B	+11.1%
52Gauntlet	Risk Curators	Multi-Chain	$1.4B	-0.4%
53Uniswap V3	Dexs	Multi-Chain	$1.4B	-3.3%
54Portal	Bridge	Multi-Chain	$1.4B	-5.0%
55HashKey Exchange	CEX	Multi-Chain	$1.35B	+2.0%
56Veda	Onchain Capital Allocator	Multi-Chain	$1.35B	+6.8%
57USDD	CDP	Multi-Chain	$1.28B	-1.1%
58Poloniex	CEX	Multi-Chain	$1.2B	-1.8%
59Pendle	Yield	Multi-Chain	$1.18B	-0.4%
60Falcon Finance	Basis Trading	Ethereum	$1.17B	-6.6%
61Bitkub	CEX	Multi-Chain	$1.14B	+0.4%
62Compound V3	Lending	Multi-Chain	$1.13B	+0.8%
63Spark Savings	Yield	Multi-Chain	$1.12B	-1.3%
64Sanctum Validator LSTs	Liquid Staking	Solana	$1.12B	+3.2%
65Venus Core Pool	Lending	Multi-Chain	$1.07B	+2.3%
66Kamino Lend	Lending	Solana	$1.05B	+1.1%
67Rocket Pool	Liquid Staking	Ethereum	$986.94M	+0.7%
68Ondo Global Markets	RWA	Multi-Chain	$960.27M	+3.9%
69Blockchain Capital	RWA	zkSync Era	$959.45M	-0.1%
70Bitstamp	CEX	Multi-Chain	$937.91M	+0.9%
71Jupiter Lend	Lending	Solana	$930.77M	+2.2%
72Anemoy Capital	RWA	Multi-Chain	$871.57M	+0.1%
73Kelp	Liquid Restaking	Ethereum	$866.89M	-0.3%
74Concrete	Onchain Capital Allocator	Multi-Chain	$848.96M	+0.7%
75Raydium AMM	Dexs	Solana	$845.23M	+3.2%
76Uniswap V4	Dexs	Multi-Chain	$810.33M	-1.0%
77SwissBorg	CEX	Multi-Chain	$809.12M	+0.9%
78Uniswap V2	Dexs	Multi-Chain	$796.16M	-1.1%
79Kinetiq kHYPE	Liquid Staking	Hyperliquid L1	$790.66M	+2.0%
80Invesco USTB	RWA	Multi-Chain	$784.91M	+2.7%

Showing the 80 largest nominal TVL rows from the current validated snapshot. Reported TVL comes from the open DeFiLlama API and is not executable exit depth.