The full worth locked (TVL) successful Polygon’s (POL) DeFi ecosystem is up astir 43% since the commencement of this year.
According to DefiLlama data, the web recorded $864 cardinal successful TVL connected Jan. 1, and added astir $400 cardinal successful the pursuing months to deed $1.23 cardinal arsenic of Aug. 18.
Furthermore, the POL terms reflected the TVL maturation successful the past 30 days, rising supra the sector’s average.
Growth driven by accepted protocols
In the past 30 days, Polygon’s TVL accrued 7% and reached its highest level since mid-December. The network’s flagship DEX, QuickSwap, and the prediction marketplace Polymarket were the 2 main drivers down the $80 cardinal increase.
QuickSwap registered astir $52 cardinal successful TVL inflows successful the past 30 months, increasing 13.4% successful the period. The summation marked the archetypal clip QuickSwap has surpassed $440 cardinal successful full deposits since May 2022.
Furthermore, Polymarket drew astir $28 cardinal successful bettors’ wealth successful its 30.2% maturation registered successful the past 30 days.
Notably, determination is imaginable for much TVL growth. Data from Artemis shows $123 cardinal successful netflows directed to Polygon successful the past 30 days. The question suggests that funds are moving connected the blockchain that could inactive beryllium allocated to decentralized applications.
POL outperforms peers
POL’s terms accrued 6.6% successful the past 30 days. Although the fig is not a emblematic two-digit tally seen successful tokens with tiny marketplace caps, it was capable for POL to outshine its peers successful the sector.
Artemis groups tokens specified arsenic POL, Solana, Sui, and different astute contract-focused blockchains successful the “Smart Contract Platform” category. Among the 46 tokens tracked successful this category, the mean weighted show was 4.5% successful the past 30 days.
As a result, POL’s show stands astir 50% supra the sector’s monthly mean gain. Additionally, considering the 22 sectors tracked by Artemis, unneurotic with Bitcoin and Ethereum, the mean show was little than 0.5%.
Despite the unsmooth terms enactment POL experienced since 2024, the past 30 days were comparatively bully enough, apt fueled by on-chain action.
The station Polygon DeFi TVL jumps 43% successful 2025 arsenic QuickSwap, Polymarket pb inflows appeared archetypal connected CryptoSlate.