The DeFi pools and lending markets that hold tokenized stocks, ETFs and commodities: value by asset and by protocol, and the largest pools.
Tokenized market cap
$8.82b
766 assets with live tokens
Spot volume, 24h
$1.40b
token pairs
Derivatives, 24h
$29.95b
21.4× spot
Perp open interest
$10.81b
one side of the book
In DeFi
$280.7m
441 pools and markets
Share of the top 20
0.009%
$6.13b of $67.57t
Value in DeFi · pools and lending markets, from DefiLlama$280.8m
$0$100m$200m$300m$400m
2023202420252026
Assets with a token · that has a market value457
0200400600
2020202220242026
Value in DeFi
$280.7m
whole pools, including paired assets
Pools and markets
441
on 41 protocols
Assets with a DeFi venue
59
of 773 with a live token
In lending markets
55%
$153.1m
By asset
Asset
Pools and markets
Value in DeFi
Tokenized
DeFi ÷ tokenized
Share of all DeFi
GOLDGold
75
$176.7m
$4.81b
3.7%
63%
SPYSPDR S&P 500 ETF Trust
24
$22.9m
$159.4m
14%
8.2%
NVDANvidia Corp
38
$12.4m
$159.2m
7.8%
4.4%
SPCXSpaceX
40
$9.5m
$289.6m
3.3%
3.4%
TSLATesla, Inc.
23
$8.3m
$133.5m
6.2%
3.0%
QQQInvesco QQQ Trust
15
$7.8m
$189.3m
4.1%
2.8%
GOOGLAlphabet Inc Class A
24
$7.5m
$123.2m
6.1%
2.7%
CRCLCircle Internet Group Inc
8
$6.8m
$369.5m
1.8%
2.4%
MSTRMicroStrategy Inc
11
$6.7m
$265.2m
2.5%
2.4%
AAPLApple Inc.
20
$2.5m
$34.7m
7.1%
0.9%
STRCStrategy Stretch Preferred Stock
8
$2.5m
$201.3m
1.2%
0.9%
GLDSPDR Gold Trust
12
$2.1m
$22.6m
9.2%
0.7%
Principia Labs
By protocol
Value in DeFi by protocol$280.8m↑ 26.4%
$0$100m$200m$300m
Aug 2026SepOct
Aave V3
Raydium AMM
Uniswap V3
Kamino Lend
TermMax
Uniswap V4
Other
Change in value in DeFi by protocol · past 7 days!Value in DeFi on the latest day of the chart beside against the same protocol a week before: prices and deposits together. The 12 protocols that moved most; 29 more moved less.
$0$5m−$5m
Protocol
Type
Pools
Assets
Chains
Value
Share
Aave V3
Lending
1
1
1
$57.9m
21%
Raydium AMM
DEX pool
137
42
1
$40.1m
14%
Uniswap V3
DEX pool
32
14
4
$36.2m
13%
Kamino Lend
Lending
13
10
1
$28.1m
10%
TermMax
Lending
1
1
1
$23.4m
8.3%
Uniswap V4
DEX pool
43
19
3
$17.1m
6.1%
Uniswap V2
DEX pool
1
1
1
$14.7m
5.2%
Aave V4
Lending
2
1
1
$13.9m
5.0%
Jupiter Lend
Lending
8
4
1
$8.6m
3.1%
Morpho Blue
Lending
11
7
3
$7.1m
2.5%
Frankencoin
Lending
11
2
1
$6.1m
2.2%
Beefy
Yield Aggregator
28
14
3
$3.9m
1.4%
Lista Lending
Lending
2
2
1
$3.7m
1.3%
Orca DEX
DEX pool
56
24
1
$3.6m
1.3%
Fluid Lending
Lending
5
1
1
$2.6m
0.9%
Aerodrome Slipstream
DEX pool
22
20
1
$2.5m
0.9%
Fluid DEX
DEX pool
1
1
1
$2.2m
0.8%
YO Protocol
Yield Aggregator
1
1
1
$2.0m
0.7%
Superform
Yield Aggregator
8
8
1
$1.3m
0.5%
Pendle V2
Yield
1
1
1
$1.2m
0.4%
Makina
Onchain Capital Allocator
7
7
1
$756k
0.3%
Venus Core Pool
Lending
4
4
1
$457k
0.2%
NAVI Lending
Lending
1
1
1
$441k
0.2%
Bluefin Spot
DEX pool
1
1
1
$391k
0.1%
Alandale V3
DEX pool
6
5
1
$351k
0.1%
Compound V3
Lending
1
1
1
$315k
0.1%
Curve DEX
DEX pool
1
1
1
$291k
0.1%
IPOR Fusion
Onchain Capital Allocator
4
4
1
$237k
0.08%
LayerBank
Lending
5
5
1
$230k
0.08%
Project X
DEX pool
2
1
1
$229k
0.08%
Ekubo
DEX pool
10
9
1
$220k
0.08%
Supernova CL
DEX pool
2
1
1
$97k
0.03%
Arrowfarm
Liquidity Manager
3
3
1
$76k
0.03%
PancakeSwap AMM V3
DEX pool
2
2
2
$47k
0.02%
Ripe Protocol
Lending
1
1
1
$35k
0.01%
HyperSwap V3
DEX pool
2
1
1
$34k
0.01%
KyberSwap FairFlow
Yield Aggregator
1
1
1
$23k
0.01%
Native Credit Pool
Lending
1
1
1
$17k
0.01%
Borro
Lending
1
1
1
$14k
0.01%
Convex Finance
Yield
1
1
1
$12k
0.00%
Principia Labs
Largest pools and markets
Pool
Asset
Token
Type
Chain
Value
APY
Aave V3 XAUT
GOLD
XAUt
Lending
Ethereum
$57.9m
—
TermMax XAUT
GOLD
XAUt
Lending
Ethereum
$23.4m
—
Uniswap V2 PAXG-WETH
GOLD
PAXG
DEX pool
Ethereum
$14.7m
1.88%
Aave V4 XAUT
GOLD
XAUt
Lending
Ethereum
$8.3m
—
Uniswap V3 XAUT-WETH
GOLD
XAUt
DEX pool
Ethereum
$7.1m
25.65%
Uniswap V3 PAXG-XAUT
GOLD
PAXG
DEX pool
Ethereum
$6.5m
0.63%
Morpho Blue XAUT
GOLD
XAUt
Lending
Ethereum
$6.4m
—
Uniswap V3 PAXG-WETH
GOLD
PAXG
DEX pool
Ethereum
$6.4m
9.53%
Aave V4 PAXG
GOLD
PAXG
Lending
Ethereum
$5.7m
—
Jupiter Lend SPYX
SPY
SPYX
Lending
Solana
$5.2m
—
Kamino Lend MSTRX
MSTR
MSTRX
Lending
Solana
$4.4m
—
Frankencoin SPYON
SPY
SPYon
Lending
Ethereum
$4.2m
—
Raydium AMM CRCLX-USDC
CRCL
CRCLX
DEX pool
Solana
$4.2m
37.29%
Kamino Lend SPYX
SPY
SPYX
Lending
Solana
$4.1m
0.10%
Kamino Lend GOOGLX
GOOGL
GOOGLX
Lending
Solana
$3.8m
—
Uniswap V3 XAUT-USDT
GOLD
XAUt
DEX pool
Ethereum
$3.7m
1.84%
Lista Lending XAUT
GOLD
XAUt
Lending
BSC
$3.7m
0.47%
Raydium AMM SPCX-USDC
SPCX
SPCX
DEX pool
Solana
$3.3m
184.30%
Kamino Lend QQQX
QQQ
QQQX
Lending
Solana
$3.2m
0.17%
Raydium AMM NVDAX-USDC
NVDA
NVDAX
DEX pool
Solana
$3.1m
17.22%
Uniswap V3 PAXG-XAUT
GOLD
PAXG
DEX pool
Ethereum
$3.1m
0.07%
Kamino Lend TSLAX
TSLA
TSLAX
Lending
Solana
$3.0m
0.00%
Kamino Lend SPYX
SPY
SPYX
Lending
Solana
$2.9m
—
Kamino Lend NVDAX
NVDA
NVDAX
Lending
Solana
$2.5m
0.02%
Raydium AMM TSLAX-USDC
TSLA
TSLAX
DEX pool
Solana
$2.4m
27.58%
Raydium AMM QQQX-USDC
QQQ
QQQX
DEX pool
Solana
$2.3m
12.59%
Fluid DEX PAXG-XAUT
GOLD
PAXG
DEX pool
Ethereum
$2.2m
0.05%
Uniswap V3 PAXG-USDC
GOLD
PAXG
DEX pool
Ethereum
$2.2m
4.24%
Uniswap V4 ETH-PAXG
GOLD
PAXG
DEX pool
Ethereum
$2.2m
0.67%
Raydium AMM SPYX-USDC
SPY
SPYX
DEX pool
Solana
$2.1m
2.15%
Principia Labs
Pools and lending markets from DefiLlama whose underlying token is one of the tokens tracked here, matched by chain and contract address. Value is the whole pool, so a liquidity pool counts the asset it is paired with too: read it as an upper bound. An issuer’s own listing of its token is left out.