The total value locked (TVL) on Defi protocols on the Polygon Blockchain has reached around $ 844 million according to Defillama data. This metric, which represents the total capital that is deposited in smart contracts on the network, emphasizes the scale of the acceptance of various decentralized financial (Defi) applications on polygon.
Top polygon protocols locked on total value
The total value of assets locked in @0xpolygon $ Pol is around $ 844 million, according to @Defillama. Let’s compare the top #defi protocols on #polygon chain by current #TVL in USD, to evaluate their adoptive hall $ aave $ uni $ quick… pic.twitter.com/zuquxgdaaq
– Top 7 ICO | Crypto News & Analytics (@Top7ico) January 29, 2025
Aave ($ aave) remains the largest Defi protocol on Polygon, with a TVL of $ 396 million. The decentralized loan protocol has retained its dominance despite a slight decrease of 0.23% in TVL in the last 30 days. Uniswap ($ uni), a leading decentralized stock exchange (DEX), has the second place with $ 108 million in locked assets, although it has experienced a more significant decrease of 11.5% in the same period.
Polymarket follows closely with $ 106 million on TVL according to the data on the chain. Spiko, another remarkable protocol, has $ 101 million, which has a positive momentum with an increase of 13.1% in TVL in the past month. Quickswap ($ Quick) has shown one of the most important increases in TVL and grows by 13.8% to reach $ 70.1 million. This Golf suggests an increased trading activity on the platform.
Other remarkable protocols
Under the emerging Defi protocols, tangible ($ tngbl) has $ 39.1 million, Blackrock Buuidl ($ buidel) manages $ 33.5 million and compound ($ comp) records $ 32.5 million in TVL. Balancer ($ ball), another decentralized financial platform, has a TVL of $ 26.6 million, although it has seen a decrease of 6.62% in the last 30 days.
The market capitalization of important polygoon projects varies considerably. Aave leads with $ 4.44 billion, while the market capitalization of Uniswap is $ 7.21 billion. Other protocols, such as Quickswap, have a much smaller market capitalization, with $ 23 million, which reflect their niche -presence in the Defi space.
Although the Defi -Ecosystem of Polygon remains strong, the market has seen mixed trends in TVL changes. Established protocols such as Aave and Uniswap continue to dominate, while Quickswap and Spiko show remarkable growth. As the adoption of Defi evolves, Polygon remains an important player in the sector and offers a variety of financial applications to users.
