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DeFi TVL Drops Over 30% Since December Peak, Data Reveals
The total value locked (TVL) in decentralized finance (DeFi) has plummeted more than 30% since reaching a local high in December, underscoring growing market uncertainty and waning investor confidence.
According to data from DefiLlama, DeFi’s TVL currently sits at $94.49 billion, a sharp decline from its $137 billion peak on December 17.
The value briefly dropped as low as $88 billion in March.