Total value locked measures the capital users have actually committed to DeFi protocols on each chain — a slower, stickier signal than price or trading volume. This tracker records TVL across 8 chains daily, as a dated series since 2026-08-07. As of 2026-08-19, Ethereum leads at $41.72B (65.8% of the tracked total).
DeFi TVL by chain — 2026-08-19
| Chain | DeFi TVL | Share | Change vs our last reading |
|---|---|---|---|
| Ethereum | $41.72B | 65.8% | +0.52% |
| Solana | $4.90B | 7.7% | +0.89% |
| BSC | $4.90B | 7.7% | +0.11% |
| Tron | $4.81B | 7.6% | +0.10% |
| Base | $4.68B | 7.4% | -0.64% |
| Arbitrum | $1.24B | 2.0% | -0.47% |
| Polygon | $786.79M | 1.2% | +0.40% |
| Avalanche | $417.52M | 0.7% | -0.23% |
Change column compares against our own previously recorded reading (1 days); “—” means we do not yet hold a prior reading for that chain.
Key takeaways
- Ethereum holds $41.72B (65.8% of the tracked total), up 0.52% since our last reading.
- Solana holds $4.90B (7.7% of the tracked total), up 0.89% since our last reading.
- BSC holds $4.90B (7.7% of the tracked total), up 0.11% since our last reading.
- The top chain accounts for 65.8% of tracked defi tvl; the top three account for 81.2%.
Methodology
- What is measured: Total value locked in DeFi protocols on each chain.
- Chains covered: Ethereum, Tron, Solana, BSC, Arbitrum, Avalanche, Polygon, Base.
- Cadence: read daily and recorded as a dated row per chain; this page is updated in place — it is one permanent URL, not a new post per update.
- Series held: 13 dated day(s), 2026-08-07 to 2026-08-19.
- Sources: api.llama.fi/v2/chains, defillama.com/chains. Figures are read directly from these public APIs; we do not adjust or model them.
- Limits: provider coverage differs by chain, so a chain may be absent when its provider returns no reading. Percentages are shares of the tracked set, not of the entire market.
Related analysis
- BSC DEX volume surges 30% while TVL barely budges, signaling trader inflow outpaces capital deployment
- Why Ethereum is down — what 30 days of DEX volume and DeFi locked capital reveal
- Explain Ethereum — what $41.84B locked in its DeFi ecosystem actually shows
- Ethereum stablecoin supply shrinks while DeFi capital grows, signaling liquidity shift away from trading
- Ethereum capital locks in while trading momentum drains from DEX activity
- BSC trading surges 62% while locked capital shrinks, signaling activity shift away from sustained DeFi positioning
Which blockchain has the most DeFi TVL?
Ethereum, at $41.72B — 65.8% of the 8 chains tracked here as of 2026-08-19.
This page reports measured on-chain data. It is not investment advice, and nothing here is a forecast.
