Recently, the lock-up position data in the DeFi circle has been a bit grim. From the beginning of October until now, in less than two months, the total value locked (TVL) in the entire DeFi sector has plummeted from $171.99 billion to $114.6 billion, evaporating more than $57 billion. The decline exceeds 30%, and this speed is indeed quite alarming.
Looking more specifically, protocols like Lido, EigenLayer, and Ethena have seen their TVL shrink by more than 20% in the past month. During market downturns, liquidity contracts this quickly. This round of adjustments has basically eaten away more than half of the previous growth.
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Recently, the lock-up position data in the DeFi circle has been a bit grim. From the beginning of October until now, in less than two months, the total value locked (TVL) in the entire DeFi sector has plummeted from $171.99 billion to $114.6 billion, evaporating more than $57 billion. The decline exceeds 30%, and this speed is indeed quite alarming.
Looking more specifically, protocols like Lido, EigenLayer, and Ethena have seen their TVL shrink by more than 20% in the past month. During market downturns, liquidity contracts this quickly. This round of adjustments has basically eaten away more than half of the previous growth.