A distinguished decentralized financing undertaking (Defi) undertaking, Flamingo Finance ($ FLM), noticed the best weekly progress on the entire worth locked (TVL). In accordance with information shared by Phoenix Group, which is derived from Defillama, FLM hit an elevated TVL of 153%. With a comparatively modest market capitalization of $ 16.5 million, the protocol now has $ 15.2 million in locked property.
High tasks by Weekly #TVL Progress $ FLM $ SOLV $ Observe $ Snel $ Hype $ Chess #polymarket $ Blue $ Pendle $ lon $ velo $ xcn $ ena $ zeus $ morpho pic.twitter.com/bgdostfazw
– Phoenix – Crypto Information & Analytics (@pnxgrp) Could 18, 2025
$ Solv and $ observe have been two of the highest gainers after FLM. The overall worth locked for $ SOLV noticed a rise of 51.8% and is at present $ 1.1 billion. However, $ Observe gained 45.2% with $ 10 million in TVL. Native token from Quickswap, $ Fast, rose by 44percentand took its TVL to $ 214.3 million. This confirmed the traction of this undertaking of their ecosystem growing exercise of the consumer and the liquidity aspect.
Average progress seen in hype, chess, polymarket and others
Different protocols additionally grew, however modest. Accordingly, $ hype and $ chess rise each week by 21.2% and 19.8% respectively. $ Hype at present manages $ 44.6 million locked up in property, whereas $ chess checks $ 134.6 million. The following, polymarket, adopted by a rise of 18% in TVL, with $ 31.2 million, which doesn’t appear to have reported market capital within the dataset.
$ Blue, $ Pendle and $ LON have additionally noticed the TVL progress of 15.4%, 13.3%, 11.8percentand 11.4percentrespectively. $ Pendle and $ lon occupy $ 4.1 billion and $ 850,700 in TVVL respectively. Though decrease in absolute values, this weekly proportion revenue reveals an elevated momentum of their protocols.
Gradual progress stays beneath decrease ranked protocols
On the backside, the TVL modifications from $ VELO, $ XCN, $ Ena, $ Zeus and $ morpho differ from 10% to six.1%. $ Velo’s TVL rose to $ 103.6 million and $ XCNs rose to $ 136.3 million. One other issue that was value mentioning was that $ ena reported a TVL of $ 5 billion and a rise of 9.2% in TVL, whereas Zeus and $ Morpho had a TVL progress of 6.7% and 6.1% respectively.