šŸŽÆ It’s this that’s draining the whole market

šŸ“° DefiLlama: Over the past seven days, the TVL of Binance, Lido, and Aave shrank by 2–3%. In contrast, Morpho Blue saw daily growth of 3.5% and weekly growth of 4.5%, reaching $10.1 billion

šŸ’¬ The money hasn’t left—it’s just moved to different pools. The more aggressive the rate hikes, the more capital hides in lending protocols. This divergence versus the broader market’s rise/fall is interesting—if you didn’t know better, you’d think it’s a bear market

šŸ·ļø #DeFi #Morpho #å€Ÿč“·åč®® #é“¾äøŠę•°ę® #TVL