Meme Insider
Hey there, blockchain enthusiasts! If you're keeping an eye on the DeFi scene, you've probably heard about Total Value Locked (TVL) – it's essentially the total amount of assets deposited into a protocol, serving as a barometer for its health and user adoption. Recently, Token Terminal shared an insightful snapshot on X (formerly Twitter) about the top companies and DAOs ranked by their 30-day TVL growth percentage. Let's break it down and see what's driving the momentum in the crypto world.
The data highlights some impressive movers, with WisdomTree taking the crown at a staggering +91% growth, followed closely by Ethena at +87.2% and Pendle at +53.1%. This comes at a time when the market is buzzing with innovations in real-world assets (RWAs), stablecoins, and lending protocols. For those new to the space, RWAs are tokenized versions of traditional assets like stocks or real estate, bringing them onto the blockchain for easier access and trading.
To make this data more digestible, here's a transcribed table of the rankings, including project names, market sectors, TVL amounts, and the 30-day changes:
| Rank | Project | Market Sector | Chains | TVL (Latest) | 30d Change |
|---|---|---|---|---|---|
| 1 | WisdomTree | Real-world asset (RWA) Issuers | +2 | $919.1M | +91.0% |
| 2 | Ethena (ENA) | Stablecoin Issuers | +4 | $11.5B | +87.2% |
| 3 | Pendle (PENDLE) | Asset Management | +4 | $8.4B | +53.1% |
| 4 | Seamless Protocol (SEAM) | Lending | ○ | $108.5M | +41.9% |
| 5 | PayPal | Stablecoin Issuers | ○= | $1.2B | -38.3% |
| 6 | GMX (GMX) | Derivative Exchanges | +1 | $521.3M | -37.1% |
| 7 | Agora | Stablecoin Issuers | +1 | $120.8M | -31.7% |
| 8 | Ether.fi (ETHFI) | Liquid Staking | +4 | $13.3B | -30.3% |
| 9 | Global Dollar Network | Stablecoin Issuers | ○= | $396.7M | -28.5% |
| 10 | OpenEden | Real-world asset (RWA) Issuers | ○1 | $203.2M | -26.8% |
| 11 | Morpho (MORPHO) | Lending | +3 | $8.4B | -26.6% |
| 12 | Polymarket | Prediction Markets | ○ | $132.1M | -26.5% |
| 13 | Liquid Collective | Liquid Staking | +1 | $1.6B | -26.3% |
| 14 | Aave (AAVE) | Lending | +8 | $64.7B | -26.2% |
| 15 | Coinbase Wrapped St... (cbETH) | Liquid Staking | ○ | $1.9B | -24.2% |
| 16 | Origin Protocol (OGN) | Liquid Staking | +1 | $1.3B | -23.2% |
| 17 | Jupiter (JUP) | DEX Aggregators | = | $3.4B | -22.9% |
| 18 | Rocket Pool (RPL) | Liquid Staking | +4 | $2.9B | -22.6% |
| 19 | Stader (SD) | Liquid Staking | ○ | $695.9M | -22.0% |
| 20 | Lido Finance (LDO) | Liquid Staking | +1 | $39.5B | -21.0% |
| 21 | Sky (SKY) | Stablecoin Issuers | +7 | $14.9B | -20.8% |
| 22 | Euler (EUL) | Lending | +5 | $2.6B | -20.7% |
| 23 | Frax Ether | Liquid Staking | +1 | $411.5M | -20.5% |
| 24 | Fluid (FLUID) | Lending | +5 | $3.1B | -20.3% |
| 25 | Liquity (LQTY) | Stablecoin Issuers | +2 | $406.7M | -17.5% |
As you can see, while the top spots show explosive growth, many established players like Aave and Lido are experiencing dips, which could reflect market volatility or shifts in user preferences. WisdomTree's surge in the RWA sector is particularly noteworthy – it's bridging traditional finance with blockchain, potentially attracting more institutional money into crypto.
For meme token traders and creators, this data is gold. Platforms like Jupiter (a DEX aggregator on Solana, home to many meme coins) and Polymarket (where you can bet on viral trends) are holding their ground amid the changes. Increased TVL in lending and staking protocols means more liquidity overall, which can spill over to meme ecosystems by enabling easier borrowing, trading, and yield farming.
If you're building or investing in meme tokens, keep an eye on these DeFi giants. They often set the stage for where the next wave of innovation – and hype – will hit. For more deep dives into blockchain trends, check out our knowledge base at Meme Insider.
What do you think about these rankings? Is WisdomTree's growth a sign of more TradFi entering crypto? Drop your thoughts in the comments!
