Quick answer
The three platforms at the top are Pendle, Veda and Grove Finance. Pendle combines a $1.0 billion TVL with $58.9 million daily volume and $20 k in fees. Veda holds about $1.7 billion TVL and generates $153 k in daily fees. Grove Finance sits at roughly $1.2 billion TVL and earns $82 k in fees each day.
Leaders, ranks 1 to 3
Pendle ranks first with a TVL of about $1.0 billion, 24‑hour volume near $58.9 million and fees of $20 k. Its activity score is boosted by cross‑chain presence on 14 networks, though TVL fell 4.9 % over the past week.
Veda holds the second spot with the largest TVL at $1.7 billion and the highest daily fees at $153 k. It operates on 13 chains and saw a 6.5 % TVL decline in the last seven days.
Grove Finance ranks third with a TVL of $1.2 billion, daily fees of $82 k and a modest 4.5 % TVL increase over the week. It is active on five chains and focuses on capital allocation across RWA assets, Aave, Morpho and Curve.
The rest of the top ten
Concrete, Upshift and Convex Finance round out the middle of the list, each offering full‑stack yield infrastructure or simplified Curve‑boosting on multiple chains. SoSoValue stands out with notable 24‑hour volume of $651,795 and the highest daily fees at $125 k despite a smaller TVL of $162 million. Mellow Protocol and CIAN Protocol both sit around $268 million TVL, with Mellow generating $67 k in fees and CIAN $24 k. Aera completes the top ten with a TVL of $217 million and $8 k in daily fees.
How the ranking works
COINMAG calculates an activity score from DefiLlama data by adding weighted values of total value locked, 24‑hour volume and 24‑hour fees. The higher the combined figure, the higher the rank. The data are refreshed weekly, so positions can shift as usage patterns change.
What to check before using a platform
Read the platform’s own documentation, verify its security track record and understand the fee structure. Also confirm that the service complies with regulations in your jurisdiction before allocating capital.