Polygon’s DeFi Ecosystem Sees 43% TVL Growth in 2025
The total value locked (TVL) in Polygon’s DeFi ecosystem has experienced a significant increase of nearly 43% since the beginning of 2025. According to data from DefiLlama, the network recorded $864 million in TVL on January 1st, and has since added approximately $400 million to reach $1.23 billion as of August 18th.
The growth in TVL has also been reflected in the price of POL, with the cryptocurrency outperforming its peers in the past 30 days. This positive momentum is a promising sign for the network’s overall health and adoption.
Growth Driven by Traditional Protocols
In the past month, Polygon’s TVL has increased by 7%, reaching its highest level since mid-December. The network’s flagship decentralized exchange (DEX), QuickSwap, and the prediction market Polymarket have been key drivers behind the $80 million increase in TVL.
QuickSwap saw approximately $52 million in TVL inflows in the past 30 days, marking a 13.4% growth during this period. This surge in deposits pushed QuickSwap’s total TVL above $440 million for the first time since May 2022. Additionally, Polymarket attracted around $28 million in bets, contributing to a 30.2% growth in the past month.
Potential for Continued Growth
Data from Artemis indicates that there have been $123 million in netflows directed to Polygon in the past 30 days. This movement suggests that there is still potential for additional TVL growth as funds continue to flow into the network and its decentralized applications.
POL Outperforms Peers
Despite facing some price volatility in 2024, POL has shown resilience and outperformed its peers in the smart contract platform category. In the past 30 days, POL’s price increased by 6.6%, surpassing the average weighted performance of tokens in the same category, which stood at 4.5%.
Compared to other sectors tracked by Artemis, including Bitcoin and Ethereum, POL’s performance in the last month has been impressive, standing nearly 50% above the sector’s monthly average gain. This positive momentum is likely driven by on-chain activity and continued interest in Polygon’s DeFi ecosystem.
Overall, the growth in TVL and price performance of POL are positive indicators of the network’s strength and potential for further expansion in the decentralized finance space. As more users and projects continue to flock to Polygon, the platform’s ecosystem is poised for continued growth and success in the future.