📍DeFi is making a comeback with TVL reaching $170B – back to the peak period of 2021–2022 when capital flowed into the ETH eco. In comparison, at the end of 2022, TVL was only around $42B, meaning it has nearly quadrupled in less than 3 years. 📌 Ethereum remains the pillar with about 59% market share of TVL, playing a central role. However, we cannot overlook the rising names: Base, HyperLiquid, Sui – which have collectively attracted over $10.1B (~6%). Among the familiar group, Solana has surged strongly with $12.8B, while BNB Chain stands at $7.9B – boosted by the memecoin wave. 📌 Yields in DeFi are now quite different from the era of 20%++ APY farming: - Aave lending stablecoins is only around 5.2%. - Etherfi (restaking) yield is about 11%. - Traditional ETH staking is 3.5–4%. 📌 The number of active wallets has increased by 53% in the past 12 months, with stablecoins currently accounting for up to 40% of TVL, indicating higher actual usage demand. Additionally, a new factor...
Show original
6.57K
0
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.