Assets locked in DeFi protocols on the ETH chain total $48.51 billion, according to DeFiLlama's methodology.

This figure refers to “funds locked in on-chain contracts”—not the price of ETH, nor the total across all chains. From a single snapshot, all we can confirm is that the amount remains in the $40-billion range.

To tell whether funds are flowing in or out, we’d need the previous day’s figure for comparison, which isn’t available in the materials this time.

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