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 2026-10-22, Ethereum leads at $50.16B (65.6% of the tracked total).
DeFi TVL by chain — 2026-10-22
| Chain | DeFi TVL | Share | Change vs our last reading |
|---|---|---|---|
| Ethereum | $50.16B | 65.6% | -0.14% |
| Base | $6.25B | 8.2% | -0.13% |
| Solana | $6.00B | 7.8% | +0.11% |
| BSC | $5.77B | 7.5% | -1.16% |
| Tron | $5.55B | 7.3% | -0.13% |
| Arbitrum | $1.46B | 1.9% | +1.15% |
| Polygon | $727.02M | 1.0% | +5.42% |
| Avalanche | $580.03M | 0.8% | -2.39% |
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 $50.16B (65.6% of the tracked total), down 0.14% since our last reading.
- Base holds $6.25B (8.2% of the tracked total), down 0.13% since our last reading.
- Solana holds $6.00B (7.8% of the tracked total), up 0.11% since our last reading.
- The top chain accounts for 65.6% of tracked defi tvl; the top three account for 81.6%.
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: 77 dated day(s), 2026-08-07 to 2026-10-22.
- 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
- Why Solana is down — what DeFi withdrawals and trading volume collapse reveal
- Why Ethereum is going up today — what 30-day DEX volume and DeFi TVL actually show
- BSC stablecoin reserves grow while DEX volume gains slow, signaling capital buildup ahead of activity
- Arbitrum crypto — what DeFi lockups and trading volume actually show right now
- Solana DeFi activity in 2026 — TVL hits $5.92B as DEX volume surges past $1.96B daily
- BSC liquidity locks climb 17% while trading momentum fades 15%, signaling capital influx outpacing activity
Which blockchain has the most DeFi TVL?
Ethereum, at $50.16B — 65.6% of the 8 chains tracked here as of 2026-10-22.
This page reports measured on-chain data. It is not investment advice, and nothing here is a forecast.