DefiLlama
A free, transparent DeFi analytics platform aggregating total value locked (TVL) and metrics across blockchains.
What is DefiLlama?
DefiLlama is the leading TVL aggregator for decentralized finance (DeFi), tracking over $280 billion in stablecoin market cap and protocol metrics like fees, revenue, and volume across 100+ chains. Launched in 2021 as an open-source alternative to biased trackers, it provides real-time dashboards for chains, categories (e.g., lending, DEXs), and protocols, enabling users to compare growth trends and performance without paywalls.
The platform’s commitment to neutrality stems from its community-driven model under Llama Corp. It replaced predecessors like DeFi Pulse by expanding to perps volume and DEX rankings, helping investors spot trends such as $5 billion weekly stablecoin inflows. DefiLlama’s open-source ethos ensures transparency, with CSV exports and API access, making it indispensable for DeFi’s future.
Related Terms
Data Sovereignty
Control over data ownership and usage by its creator or owner.
Turing Complete (Ethereum)
The ability of Ethereum’s programming environment to compute any function given sufficient resources.
Cryptocurrency
Digital currencies and assets secured by cryptography and operating on decentralized blockchain networks without central authority.
CDP
A collateralized debt position, a smart contract mechanism in DeFi that allows users to borrow digital assets by locking collateral.
dApp (Decentralized Application)
A software application that runs on a decentralized network like Ethereum, leveraging smart contracts for backend logic.
Buy Walls
Large accumulations of buy orders at a specific price level, forming a barrier against downward price movement.