Top 200 DeFi Projects Analysis: 2023 vs 2022

Ren & Heinrich
3 min readAug 4, 2023

The current status and developments in the DeFi market.

Top 200 DeFi Projects Analysis: 2023 vs 2022
Photo by rc.xyz NFT gallery on Unsplash

In this article, I analyze the current top 200 DeFi projects by total value locked (TVL) data from DefiLlama. I also examine how the market developed in 2023 compared to 2022.

As usual, this is not an academic study.

Let’s go!

Total Value Locked

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Ren & Heinrich

I analyze crypto trends and turn them into easy to read and understandable research articles for thousands of crypto investors.