DeFiLlama, the largest data aggregator and dashboard for Decentralized Finance (DeFi), has unveiled the weekly TVL Growth’s Top Projects rankings. Total Value Locked (TVL) indicates the total dollar value of cryptocurrency assets locked within a given decentralized finance protocol (DeFi). Stakee ($Stakee) is in the leading position with $35.3 million in TVL, after posting a +89.7% change in the list of other top projects over the past 7 days.
TOP PROJECTS BY WEEKLY TVL GROWTH#Stakee $FHE $STON $BEETS $EVAA $VAT $STORM $BIO $EUL $TRADOOR $HYPER $FOLKS $HPL $LV $DOLO pic.twitter.com/fwLopz2dE9
– PHOENIX – Crypto News & Analysis (@pnxgrp) May 8, 2026
Moreover, Fully Homomorphic Encryption ($FHE) is in second place in this race with $466.7K in TVL, with gains of +77.9% along with a market cap of $9.3M. The difference between these projects is approximately 11.8% in terms of weekly change. Phoenix released this news through its official X account after collecting data from various platforms.
STON.fi and Beethoven X show explosive growth in DeFi markets
STON.fi ($STON) and Beethoven $STON has a market cap of $33.6 million. These two projects show a huge difference in terms of TVL, approximately 14.7 million.
Similarly, EVAA Protocol ($EVAA) is at 17.4 million with a 51.7% change in TVL, and has a market cap of $4.7 million. VAT ($VAT) with a new value of 47.0 million after a +37.9% increase in TVL, with a market cap of $30.5 million.
Moreover, more projects are fighting for survival in this list in the past week. In this Storm Trade ($STORM), $BIO Protocol ($BIO) and Euler Finance ($EUL) gained $8.1 million with a +32.5% increase, $6.3 million with a +25.3% increase and $43.3 million after a +20.5% increase in TVL, respectively. These three crypto coins are in the middle of the list of Top Projects of the past week. They have a market capitalization of $2.5 million, $99.4 million and $34.6 million respectively.
Hyperliquid and dolomite drive TVL growth in a competitive DeFi landscape
Tradoor ($TRADOOR), Hyperlane ($HYPER) and Folks Finance ($FOLKS) noted a huge difference between them, both in terms of TVL and market capitalization. $TRADOOR has a new value of $700.0K after rising +20.1% in the past week and has a market cap of $10.6 million. Similarly, $HYPER achieved a TVL of $128.3 million, with a market cap of $36.9 million, gaining this value after the +13.9% increase. $FOLKS has a market cap of $23.0 million and rose by a new value of $78.6 million in TVL after rising +13.9%.
Additionally, Hyperliquid Protocol Layer ($HPL) and LeverUp ($LV) took the third-last and penultimate positions, respectively. In this list, $HPL and $LV achieved a hype of +13.4% and +13.3% in TVL value and emerged with a new value of $390.7 million and $2.3 million with a market cap of $4.4 million and $5.6 million respectively. Last but not least, Dolomite ($DOLO) has a new value of $166.4 million in TVL after rising +12.4% with a market cap of $16.0 million.