Top 10 projects ranked by TVL in the last 7 days

Total Value Locked (TVL) is a term that is frequently used while discussing DeFi protocols. This is another criterion for assessing a project before deciding whether to invest. In this article, we will cover the top 10 projects by TVL in the last 7 days.

What is Total Value Locked ?

Total Value Locked (TVL) is the total value of a DeFi protocol's locked assets. To simplify, TVL is the number of assets staked in a DeFi protocol; this is the guaranteed supply for the protocol's operation. TVL is typically calculated using USDT, BTC, and

What is the importance of Тotal Value Locked in DeFi?

Total Value Locked (TVL) is a measure of a DeFi project's robustness. As a result, the higher the TVL, the more optimistic the market and that project in particular will be.

Furthermore, TVL data reflects a project's current potential. So you can study the data and form your own opinion in the allotted time.

The list of top 10 projects ranked by TVL in the last 7 days

top projects by TV

Overall, Archly Finance demonstrated the best TVL performance, followed by RskSwap, Stakerz, Goodghosting, and dAMM Finance. The section below is a brief of projects in the list of Top 10 projects ranked by TVL in the last 7 days.

Archly Finance

The first rank of Top 10 projects ranked by TVL in the last 7 days is Archly Finance. Archly is a permissionless protocol that has low slippage, a cheap cost, and encourages fees on the Telos EVM.

Learn more: https://archly.fi/

RskSwap

The Uniswap Protocol is ranked second in the list of Top 10 projects ranked by TVL in the last 7 days. It was branched off and modified to work with the RSK network to create RSK Swap. It is a completely decentralized system for the provisioning of automated liquidity. This website is not recognized as the canonical location for the Uniswap Protocol. The irrepressible liquidity of thousands of users and hundreds of applications is driven by a straightforward equation that has been formalized. RSK Swap gives developers, liquidity providers, and traders the ability to take part in a financial market that is available to everyone and open to participation from anyone.

Stakerz

Stakerz is a Decentralized, Multichain Yield Optimizer platform that allows users to earn compound interest on cryptocurrency while paying a flat 3% performance fee and no withdrawal or deposit fees. According to the list of Top 10 projects ranked by TVL in the last 7 days, Stakerz witnessed a 429% increase within 1 week.

Stakerz automatically maximizes rewards from various liquidity pools (LPs), automated market-making (AMM) projects, and other yield farming opportunities in the Defi ecosystem using a set of investment strategies secured and enforced by smart contracts.

Learn more: https://app.stakerz.io/#/

GoodGhosting

good ghosting

The fourth in the Top 10 projects ranked by TVL in the last 7 days is GoodGhosting with a 192% growth. GoodGhosting is a decentralized social savings app that combines elements of game design with goal-based saving.

The project aims to help community to develop better financial habits, and have fun at the same time. The first product is a game design element in the context of goal-based savings. This gamified approach rewards dedicated depositors who reach their set goals more so than users who do not, therefore giving them the ultimate push to reach their savings targets. Rewards are generated using existing decentralized finance (DeFi) platforms, such as Moola, Aave or Curve, in a non-custodial manner, allowing users to attain full control over their deposits. You can consider GoodGhosting to be a social no-loss savings game built on blockchain technology.

Discover more: https://goodghosting.com/#/

dAMM Finance

dAMM is a lending and borrowing protocol that allows asset pools to pool assets and lend directly to top-tier institutional borrowers. Interest rates determined by supply and demand are algorithmically determined, allowing borrowers access to under-collateralized loans and high yields for liquidity providers.

Discover more: https://damm.finance/

CakeWSwap

CakeWSwap is the most advanced Decentralized Exchange on the newly formed Binance Smart Chain, aiming for true blockchain decentralization. CakeWSwap is a product that was inspired by Pancakeswap. Pancakeswap has released a new DEX and DeFi Fork. CakeWSwap enables you to make the most of your cryptocurrency in three ways: trade, earn, and win.

CAKEW is the tasty token that drives the CakeWSwap ecosystem. CAKEW can be obtained through Farms and Syrup Pools, won in the lottery, or purchased on the exchange.

Learn more: https://cakewswap.finance/

BoneSwap

BoneSwap is the decentralized platform (DEX) and automated market-making (AMM) on the Dogechain Network that is experiencing the most rapid growth.

Discover more: https://www.boneswap.dog/

AstarFarm

Astar Farm is a defi and gamefi decentralized application (Dapp) that was developed on the Astar network. Astar Farm allows users to stake their ASTR in order to plant fields and raise crops. ASTR can be earned through the harvesting and sale of growing crops. It's a game of farming and locking ASTR in place!

Users are encouraged to form a community and work together on projects as a result of this feature. For further information, gitbook should be consulted.

Discover more: https://astarfarm.com/

SumSwap

SumSwap is a project developed by DeFi that incorporates the high-quality smart contract apps that are already in existence and delivers a unique update. In the subject of deterministic finite element analysis, the integration of a variety of high-quality algorithms is represented by the mathematical integral signs (also known as integral from zero to infinite).

Learn more: https://www.sumswap.org/#/

PuddingSwap

PuddingSwap is the first decentralized application that combines cryptocurrency trade with mining. It is also the largest AMM decentralized exchange on HSC. Support low-power-consumption (LP) mining, stake PUD to mine PUD, use electronic PUD mortgage vouchers to mine on the pool, and combine mining for high profits.

Discover more: https://puddingswap.finance/

Conclusion

Thus, I introduced the top 10 projects ranked by TVL in the last 7 days to you. It is my sincere hope that reading this post will assist you in gaining a deeper comprehension of the TVL concept as well as the most successful TVL project in the past 7 days.

Please let me know in the comments if you have any queries if you read this!

Frequently Asked Questions

How to get DeFi TVL data?

There are the top 3 websites to get DeFi TVL data, including DeFi Pulse, DeFi Llama, and The Block

How is crypto TVL calculated?

It is simple to calculate the crypto TVL. First, the market cap of an asset must be calculated by multiplying the supply of the DeFi project by the current price. The TVL is calculated by dividing the market cap by the maximum circulating supply.

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