Protocol Metrics
TVL, 24-hour and 7-day change, and market cap to TVL across DeFi.
Reads public data
About protocol metrics
Total value locked across DeFi, ranked, with 24-hour and 7-day change beside it. TVL is the number the industry quotes most and understands least: it measures deposits, which makes it a popularity signal rather than a safety one. Every protocol that has ever been drained was at or near its TVL peak the day it happened. The market-cap-to-TVL ratio is the more interesting column, showing how a protocol's token is priced against the value it actually holds.
Common questions
What protocol metrics are shown?
TVL, short-window change, and market-cap-to-TVL style ratios drawn from public DeFi data. These are descriptive rankings, not recommendations to deposit, and TVL can be inflated by incentives or double-counting.
Does higher TVL mean a safer protocol?
No. TVL measures deposits, not audit quality, admin key risk, or oracle design. Large TVL protocols have still failed. Use the numbers as size context, not as a seal of approval.
How often do these figures update?
As often as the upstream data sources refresh when you load the page. This is not a realtime trading feed, and a figure that moved an hour ago may not be reflected until the source catches up.