Today, market analyst Phoenix Group listed the top DeFi projects that experienced outstanding TVL growth over the past month. According to the data from the analyst, multiple networks skyrocketed by over 30%, displaying expanding investor appetite and strong growth in DeFi. 

Despite the impressive growth among several projects as noted above, the overall TVL in the wider DeFi landscape dropped significantly in November 2025. As per the latest metrics from DeFiLlama, the DeFi market wiped out a whopping $55 billion in TVL since the beginning of October, triggered by a broader slump (cooling) in the market.

TOP PROJECTS BY MONTHLY #TVL GROWTH#Legion $GFI $BB $OM $LMTS $INV $LON $RDNT $CPOOL $TORN #Polymarket $USTB $PAXG $GALA $XAUT pic.twitter.com/g8zbNGeihx

LEGION (LEGION) is at the top of the list as it experienced the biggest TVL spike over the past 30 days, showing a robust increase in assets locked on its network. LEGION is a Web3 investment platform that supports the growth of early-stage Web3 projects and startups to build their presence across multichain decentralized ecosystems. According to the data, LEGION’s TVL, which currently stands at $7.5 million, massively grew by 930% over the past month, mainly fueled by several projects partnering with the investment platform and increased user adoption, contributing to the TVL surge.

Goldfinch (GFI), a decentralized credit protocol that enables uncollateralized crypto loans for real-world businesses, is in the second position, as it printed the second-largest TVL increase. As reported in the data, Goldfinch has been one of the charts that spiked significantly, with its TVL surging by over 510% in the past 30 days. This tremendous rise highlights the platform’s widening role as a crucial DeFi lending network.

BounceBit (BB), a DeFi Layer-1 blockchain that allows Bitcoin holders to restake their assets across various blockchain networks to earn rewards, occupies the third place. BounceBit witnessed a dramatic increase in its TVL by 209% in the past month, making the total value of assets locked in its platform currently stand at $426.9 million. This uptick signals rising demand for Bitcoin staking products, with BounceBit becoming a major gateway that investors use to access such DeFi products. With the rising institutional interest in Bitcoin staking, the TVL growth suggests growing investor confidence in BounceBit’s restaking ecosystem and revitalized interest in yield-generating crypto offerings.

Moving down, Limitless (LMTS), a decentralized prediction market platform that enables users to trade on real-world events, made it to the fourth place. Limitless has emerged as an outstanding decentralized prediction marketplace this week, recording a remarkable 37.5% surge in TVL. This rise brings Limitless’ TVL to $844.1k, marking a robust surge in both customer activity and investor enthusiasm in the platform. Amid the fast-growing decentralized prediction market sector, powered by the integration of smart contracts, Web3, and AI, Limitless is gaining visibility, outpacing other platforms in terms of growth. This uptick indicates that the platform is rising in relevance and gaining attraction in the sector.

Fifth on the list is Inverse Finance (INV), a decentralized lending protocol that allows users to access fixed-rate loans, DeFi services, and stablecoin solutions for application management. Today, Inverse Finance reached a monumental milestone after its TVL rose by over 34.5% in the last 30 days. This is an indicator that the platform’s status (visibility) is rising in the DeFi lending sector.  

Other DeFi projects that also gained substantial traction in TVL include Tokenlon (LON), Radiant Capital (RDNT), Clearpool (CPOOL), Tornado Cash (TORN), Polymarket (POLYMARKET), USTB, PAX Gold (PAXG), GALA (GALA), and Tether Gold (XAUT), as illustrated by the data above.  

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