KoinlyticsDeFiLlama is the encyclopedia of DeFi. Every protocol, every chain, TVL history, revenue, incentives, yields — free and open-source. If you research DeFi and don't use it, you're guessing.
Core features
- TVL by protocol. Every DeFi protocol's TVL, history back to launch.
- TVL by chain. Ranked. What fraction of chain TVL is native vs bridged.
- Revenue. Actual protocol revenue, fees paid, LP earnings.
- Yields. APY across every pool on every chain, filtered by asset / TVL / risk.
- Stablecoins. Supply history, chain distribution.
- Unlocks. Vesting schedules by project.
- Airdrops. Live tracking of eligibility criteria for upcoming drops.
What TVL alone won't tell you
- Whether TVL is real user deposits or the protocol's own token.
- Withdrawal queue length (illiquid TVL is fake TVL).
- Fee revenue per dollar of TVL (efficiency).
- Actual users vs bot volume.
DeFiLlama-specific research patterns
- Cross-check TVL claims: protocol's own site vs DeFiLlama.
- Filter yields by "outlier" APY to spot suspicious pools.
- Watch unlocks page for upcoming supply events.
- Follow stablecoin flows to see where new capital is landing.
Why open source matters
DeFiLlama publishes its adapters. Every protocol's TVL calc is auditable. When a protocol disputes numbers, community can inspect the code.
Where DeFiLlama lags
- Not real-time (updates in minutes to hours).
- No wallet-level view.
- Some novel protocols take weeks to be added.