Total DeFi value locked (TVL) across all networks is now $87.886 billion, down 0.95% in a day (DefiLlama data).
Among major protocols, PancakeSwap AMM V3 saw the biggest move: TVL rose 48.8% in a day to $726 million.
The biggest drop was at Jupiter Lend: down 6.3% in a day, with $1.014 billion locked.
TVL is a slow-moving metric, so don’t overinterpret small daily fluctuations. My take: as long as there’s no large-scale withdrawal of locked funds, it suggests capital isn’t fleeing on-chain. I tend to treat TVL as background noise for sentiment—only a week of movement in the same direction is worth paying attention to.
#DeFi #data
Among major protocols, PancakeSwap AMM V3 saw the biggest move: TVL rose 48.8% in a day to $726 million.
The biggest drop was at Jupiter Lend: down 6.3% in a day, with $1.014 billion locked.
TVL is a slow-moving metric, so don’t overinterpret small daily fluctuations. My take: as long as there’s no large-scale withdrawal of locked funds, it suggests capital isn’t fleeing on-chain. I tend to treat TVL as background noise for sentiment—only a week of movement in the same direction is worth paying attention to.
#DeFi #data