🏦 What Is DeFiLlama?

DeFiLlama is the leading Total Value Locked (TVL) tracker and DeFi analytics dashboard, covering hundreds of protocols across 80+ chains, including Ethereum, Solana, BNB Chain, Arbitrum, and more. It aggregates on-chain data to show TVL, revenues, fees, yields, stablecoins, liquid staking, and other key metrics chaincatcher.com+15wiki.defillama.com+15datawallet.com+15dlnews.com+8dev.to+8datawallet.com+8.

• Data is open-source, maintained transparently by the community phemex.com+3wiki.defillama.com+3iq.wiki+3.
• Created by pseudonymous developer 0xngmi, it collects from smart contracts, CoinGecko, Uniswap, etc. datawallet.com+2iq.wiki+2dlnews.com+2.

📊 Core Tools & Features

• TVL Dashboard

• Ranks protocols by locked value, displays history, chain breakdowns.
• Tracks TVL on chain and per protocol (DEXs, lending, insurance, forks) coinlaunch.space+15wiki.defillama.com+15logium.org+15.

• Yield & Fees Analytics

• Showcases yield-bearing pools, borrowing rates, and revenue stats dlnews.com+6wiki.defillama.com+6gate.com+6.

• Advanced Resources

• Chain-specific analysis of TVL.
• Stablecoin, bridge, and fundraising/watchlists views.
• LlamaSwap: best-rate DEX aggregator.
• LlamaFeed: real-time news & updates.
• Exportable data via CSV/API dev.to+1reddit.com+1reddit.com+8gate.com+8webcatalog.io+8wiki.defillama.com+1webcatalog.io+1.

⚙️ Methodology & Accuracy

• Ensures reliable TVL by avoiding double-counting (e.g., staked derivatives) reddit.com+3dlnews.com+3reddit.com+3.
• Covers categories like staking, Pool2, borrowing—excluding governance-locked tokens and protocol-internal layers tectum.io+15dlnews.com+15wiki.defillama.com+15.
• Updates in near real-time via on-chain sources defillama.com+12dev.to+1210102.io+12.

🌍 Impact & Limitations

• Defines the health of DeFi—reports on surges (e.g., $127B peak TVL, $15B drop in 24h) gate.com+6reddit.com+610102.io+6.
• Guides investor decisions and project visibility across chains 10102.io+5gate.com+5iq.wiki+5.
• Gaps may exist: for some chains (e.g., Polkadot, Algorand), users report TVL underestimation due to data collection challenges reddit.com.

✅ Why Use DeFiLlama?

BenefitDescriptionFree & No LoginFully permissionless, no ads datawallet.com+11dev.to+11webcatalog.io+11Multichain CoverageTVL tracking across 300+ networks Open-Source & TransparentCommunity-maintained data Developer ToolsAPI, CSV export, widgets Critical MetricsRevenue, hacks, airdrops monitors

🚀 How to Get Started

1. Visit defillama.com
2. Browse DeFi overview, per-chain or protocol
3. Use Compare & Categories to deep dive
4. Explore Yields, LlamaSwap, LlamaFeed
5. Pull data via API or download CSV

TL;DR

DeFiLlama is arguably the most comprehensive open-source TVL and DeFi analytics platform. It empowers traders, researchers, and developers with transparent insights into protocol performance, yield opportunities, and market health. While extremely valuable, users should remain aware of limitations around chains with fragmented data.

Need help interpreting TVL trends, comparing rival protocols, setting up API integration, or downloading yield data? Happy to assist!