DefiLlama - Navigating DeFi

What is DefiLlama?

‍

According to the official website, DefiLlama is  “the largest TVL aggregator for DeFi.” With data that is “fully open-source and maintained by a team of passionate individuals and contributors from hundreds of protocols.” 

‍

DefiLlama offers data on items ranging from yield tracking to recent hacks and much more.

‍

The platform is owned by its parent company Llama Corp, which is a collective that is “building out the decentralized future with data analytics, infrastructure, payments, cross-chain, and media solutions.”

‍

What Tools Does DefiLlama Offer?

DefiLlama offers a wide array of free data for its users to sort and look through, below we will list each tool along with a brief description of what the tools do. 

DeFi

• The DeFi tab can be used to view data on total value locked (TVL) on multiple chains and protocols, protocols that could potentially have an airdrop (based on them not having one already,) data on token usage, and more.

Yields

• Through the Yields tab, users can track the TVL for almost any staking pool as well as its current and historic annual percent yield (APY.)

DEX-Meta Aggregator

• While still in beta, the DEX-Meta Aggregator is Llama Corp’s own decentralized exchange (DEX) known as “LlamaSwap.” LlamaSwap aims to bring users a swap experience that has zero platform fees as well as the best execution prices in the industry by first routing your swap to multiple DEXs to get the lowest rate.

Borrow Aggregator

• This tool is to be used when you’re looking to put up your tokens as collateral for other tokens. The Borrow Aggregator takes into account all lending protocols and calculates how much borrowing would cost on each one based on the incentives, supply APR and borrow APR, then it provides a list of all potential lending options as well as its cost and loan to value (LTV.)

‍CEX Transparency

• CEX Transparency is used to track the assets and inflows of centralized exchanges such as Binance and Kucoin. Also shown is the spot volume of the exchange as well as the open interest over the past 24 hours and the average amount of leverage used on the exchange.

‍Liquidations

• Used for tracking the total amount of liquid used as leverage on a particular chain as well as the 24-hour change in liquditable value. It also shows how much money would be liquidated at -20% of an asset's total price.

Volumes

• Volumes is used to track the total volume between DEXs, on multiple chains, in a certain time period. Also tracked is the total 24-hour and weekly volume throughout the whole market, the weekly change in total volume, and DEX vs CEX volume.

Fees/Revenue

• Used to track the fees and revenue earned by a specific chain or decentralized application (dApp) in a daily, weekly, and monthly time period. 

Raises

• This tab is used to track the successful funding rounds of and by crypto-based companies and provides the data on the total raised, what it is for, and who were the lead investors. 

Stables

• Shows collective data on stablecoins across multiple chains. Data includes the total market cap of stablecoins, the change in that market cap, and a peg tracker over the past 24 hours, seven days, and thirty days. 

Hacks

• Keeps an ongoing tally of all the hacks in the Crypto/DeFi space. Tracks the total value lost in DeFi/Bridges, lists who got hacked, the classification of the attacks, the technique used for the hack, and when the attack occurred along with the total money lost during it.

ETH Liquid Staking

• Tracks all the staking pools throughout Ethereum and shows the data from that pool which includes TVL, the total amount staked, the change in volume over the past week and month, the total market share of a staking pool, and more!

‍