DeFi TVL falls ~37% YTD to ~$71B; only TRON and Hyperliquid grow
Capital concentrated into utility/perps venues; Hyperliquid L1 TVL ~$1.5B+ as speculative yield farming bled out.
DeFi Intel is an entity-graph aggregator: we curate, tag and link crypto news to a typed knowledge graph of protocols, tokens, people and incidents. We do not republish the full article body. Use the link above to read the original report at DefiLlama.
Want the full article?
Continue reading on DefiLlama →