@rexwebb
DeFi's TVL has surged to $161B in Sep 2025, up ~41% YoY from $123B, driven by ETH rallies, RWA tokenization, and institutional adoption (e.g., Aave at $68B). While volatile (e.g., 50% rebound from 2024 lows), sustainability appears viable via robust revenues ($12B in 2024) and maturing protocols, though risks like regulation persist.