Polygon DeFi TVL jumps 43% in 2025 as QuickSwap, Polymarket lead inflows

The total value locked (TVL) in Polygon’s (POL) DeFi ecosystem is up nearly 43% since the start of this year.

According to DefiLlama data, the network recorded $864 million in TVL on Jan. 1, and added roughly $400 million in the following months to hit $1.23 billion as of Aug. 18.

Furthermore, the POL price reflected the TVL growth in the past 30 days, rising above the sector’s average.

Growth driven by traditional protocols

In the past 30 days, Polygon’s TVL increased 7% and reached its highest level since mid-December. The network’s flagship DEX, QuickSwap, and the prediction market Polymarket were the two main drivers behind the $80 million increase.

QuickSwap registered approximately $52 million in TVL inflows in the past 30 months, growing 13.4% in the period. The increase marked the first time QuickSwap has surpassed $440 million in total deposits since May 2022.

Furthermore, Polymarket drew around $28 million in bettors’ money in its 30.2% growth registered in the past 30 days.

Notably, there is potential for more TVL growth. Data from Artemis shows $123 million in netflows directed to Polygon in the past 30 days. The movement suggests that funds are moving on the blockchain that could still be allocated to decentralized applications.

POL outperforms peers

POL’s price increased 6.6% in the past 30 days. Although the number is not a typical two-digit run seen in tokens with small market caps, it was enough for POL to outshine its peers in the sector.

Artemis groups tokens such as POL, Solana, Sui, and other smart contract-focused blockchains in the “Smart Contract Platform” category. Among the 46 tokens tracked in this category, the average weighted performance was 4.5% in the past 30 days.

As a result, POL’s performance stands nearly 50% above the sector’s monthly average gain. Additionally, considering the 22 sectors tracked by Artemis, together with Bitcoin and Ethereum, the average performance was less than 0.5%.

Despite the rough price action POL experienced since 2024, the past 30 days were relatively good enough, likely fueled by on-chain action.

Mentioned in this article