The total value locked (TVL) in the Solana (SOL) ecosystem reached an all-time high of $12.7B. TVL tracks the total amount of money within protocols, liquidity pools, collateral, or deposits on the Solana blockchain.
- Raydium is one of the most popular DEX on Solana, with over 14% of the TVL locked on the exchange.
- Today’s top Solana DeFi projects by TVL, according to DeFi Llama, are Serum (SRM), Saber (SBR), Sunny (SUNNY), Raydium (RAY), and Orca (ORCA).
- Besides Solana, only five other blockchain ecosystems enjoy a TVL of over $1B.