Data provided by the Phoenix Group with referrals to DeFiLlama have shown the significant growth of Total Value Locked (TVL) in several blockchain projects. $BLACK, with its TVL surging by 84.4%, overtaking it to the first place in the leaderboard regarding the total TVL increase per week. $BLACK with its market capitalization of $126.2 million, sits on top of this week’s performance list this far.
TOP PROJECTS BY WEEKLY #TVL GROWTH$BLACK $NOTE $ENA $LON $SUSHI $PENDLE $SKATE #Polymarket $SEAM $ETHFI $MORPHO $PSTAKE $BLUR $HYPE $RESOLV pic.twitter.com/69cE8CcI8N
— PHOENIX – Crypto News & Analytics (@pnxgrp) July 27, 2025
$NOTE was then followed by a 60.8% growth in TVL to attain $10.8 million. The relatively small market capitalization of the company at about 1.5 million and growth rate in the note is ranked number two in weekly gains. Both $ENA and $LON saw their TVL grow at more than 19%, recording 21.2% and 19.6%, respectively. Those returns reflect long involvement with the particular ecosystems and potentially strategic capital flows.
Diverse Market Capitalization and Ecosystem Sizes
$SUSHI, $PENDLE, and $SKATE were also strong with the growth rates recorded in the last 7 days of 17.4%, 17.2% and 16.7% respectively. $SUSHI has a TVL of $6.5 billion when compared to $PENDLE and SKATE, who have much lower TVLs and market caps.
TVL saw moderate weekly growth in several other projects. Polymarket, $SEAM, $ETHFI, and $MORPHO showed growth between 14.7% and 11.1%. Significantly, ETHFI has amassed a TVL of $10.2 billion, demonstrating its supremacy on sluggish relative growth.
Steady Growth Highlights DeFi Protocol Maturity
The remaining place at the chart was claimed by $PSTAKE, $BLUR, $HYPE, and $RESOLV with returns of between 10% and 7.60%. $HYPE and $RESOLV in particular had healthy market caps of 333.3 million and 516.9 million, respectively despite a stagnant growth in TVL each week.
The observed performance patterns indicate a high interest towards mature and developing DeFi protocols. Weekly TVL is a notable indicator of user trust and capital transactions of decentralized systems. The figures allow stakeholders to have a benchmark to measure changes in liquidity, utility, and user interaction.