🎯 $7.8 billion quietly pulled out of DeFi in three days
📰 Total TVL across the market fell from $82.7B to $80.8B, with on-chain locked value down nearly 2%. Meanwhile, USDT stayed steady at $177.5B, with no sign of an exodus.
💬 The fact that USDT hasn’t fallen is key: this is position-cutting, not a desperate flight. The money is simply sitting in stablecoins for now. Over the past 7 days, LINK is down just 0.7%, while HYPE is down 16%—high-beta protocols get hit first.
🏷️ #DeFi #TVL #HYPE #Stablecoins
📰 Total TVL across the market fell from $82.7B to $80.8B, with on-chain locked value down nearly 2%. Meanwhile, USDT stayed steady at $177.5B, with no sign of an exodus.
💬 The fact that USDT hasn’t fallen is key: this is position-cutting, not a desperate flight. The money is simply sitting in stablecoins for now. Over the past 7 days, LINK is down just 0.7%, while HYPE is down 16%—high-beta protocols get hit first.
🏷️ #DeFi #TVL #HYPE #Stablecoins