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
Market Maker (order book)
An entity providing liquidity by placing buy and sell limit orders in the order book.
Paper Hands
Traders or investors who sell their digital assets quickly at the first sign of market volatility or negative news, reflecting low risk tolerance.
Managed Anonymity
A privacy framework in CBDCs balancing user anonymity with regulatory traceability.
FinTech
The application of technology to enhance financial services, including payments and asset management.
PIPE
Private placement of public equity shares to accredited investors at a discount, for quick capital.
Liquidity Hook (Uniswap)
Uniswap liquidity hooks are external smart contracts in Uniswap v4 that customize liquidity addition and removal in pools, enabling developers to inject logic before or after these actions for enhanced DeFi features.