With renewed confidence in the Crypto market following macroeconomic events, the niche of decentralized finance (DEFI) displays a strong performance, as evidenced by its recent growth. The latest data now show that the sector could be ready to reach the previous peak it had reached almost four years ago.
In short
- The TVL of the DEFI increases to $ 161 billion, only 10 % of its historic summit from 2021 to 177.42 billion dollars, reporting renewed confidence in the sector.
- RWA records weekly growth of 7 %, reaching $ 15.6 billion, while tokenized assets continue to gain ground from institutional investors.
- Aave dominates with 42.84 billion dollars of collateral on loan, while Lido and Eigenlayer strengthen the dynamics of liquid stuking and restoking.
- Pendle, Morpho and Spark display strong monthly gains, highlighting the growing interest in new protocols focused on yield and credit.
The TVL of the DEFI reaches 161 billion dollars while the Rwa and the Stablecoins explode
Defillama's data show that the total locked value (TVL) of the DEFI platforms amounted to $ 160.98 billion – 10 % below its peak from November 2021 to 177.42 billion dollars. This impressive figure follows a slight increase during the last day, marking the best performance in the sector since the last cycle.
The TVL of Real World Assets (RWA) has also increased by almost 7 % since the start of the week to reach $ 15.60 billion, in line with the recent boom to tokenized assets. For context, TVL is a measure of the total value of assets – in American dollars – burned or put in stuking in a DEFI protocol.
Stablecoins are also increasingly increasing thanks to the recently approved Genius Act, which has brought more clarity on the operations of the assets indexed on fiduciary currencies. According to recent data, the market capitalization of the Stablecoins market is currently 292.62 billion dollars.
On this amount, around $ 16 billion is held on decentralized exchanges (DEX) in 24 hours, while The perpetuals represent $ 22.74 billion. Perpetuals are term contracts without expiration date, allowing traders to maintain a position indefinitely.
Aave dominates the classification while the loan takes up first place
After a solid monthly performance of approximately 15.98 %, Aave occupies first place with $ 42.84 billion in coleteral loan. The Lido Liquid Staking platform ranks second with $ 38.33 billion after a relatively stable month. Eigenlayer holds $ 19.01 billion on the road – increasing 4.85 % over the week.
Here are the other protocols making up the top ten:
- Binance Staked ETH holds $ 15.75 billion, up 15.4 % this month in a clear upward trend.
- Ethena controls $ 14.22 billion after a weekly increase of 5.1 %, stable but gaining ground.
- Pendle recorded $ 13.32 billion, stable over the day but increased with growth of 35.2 % over the month.
- Ether.Fi orders $ 11.09 billion, down 7.3 % over the week while the Momentum cools.
- Spark locks $ 8.93 billion, adding healthy growth of 19.3 % this month.
- Morpho is one of the most dynamic players, holding $ 8.28 billion after a monthly rise of 26.3 %.
- Babylon Protocol completes the top ten with 6.82 billion dollars on the remaining after a monthly increase of 21.27 %.
In the eleventh place, Sky holds $ 6.13 billion, while Anniswap completes the dozen with $ 5.88 billion – a drop by 4.96 % over the last seven days.
The loan has resumed first place this cycle, while liquid stoking remains a force majeure despite softer weekly trends. The restking continues to attract long -term stable capital. At the same time, yield platforms like Pendle and new credit protocols such as Morpho and Spark are gradually gaining ground, even if established actors work to defend their lead.
Following the recent reduction of a quarter of the Fed rate, analysts anticipate a bull market, which would strengthen confidence in the DEFI and stimulate participation. In this context, experts believe that the sector could reach its previous peak levels.
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