
DeFi protocols have noticed a pointy decline in overall price locked (TVL), losing via round $15 billion in simply 24 hours as the wider crypto marketplace confronted intense promoting drive.
In line with knowledge from DeFiLlama, DeFi TVL has fallen to $127.3 billion, marking a $14.64 billion lower from the $141.87 billion recorded on Feb. 2. When measured from Jan. 31, the field’s overall losses stand at roughly $25 billion.

Graph appearing the full price locked throughout DeFi protocols in 2025 (Supply: DeFiLlama)
The knowledge displays that the highest 10 DeFi platforms, together with Aave, Lido, and EigenLayer, have been hit laborious, each and every struggling double-digit share declines in TVL all through the reporting duration.
In line with CoinMarketCap knowledge, this downturn comes amid a broader crypto marketplace crash that has burnt up round $400 billion from the crypto marketplace since Jan. 31 and despatched Bitcoin’s worth plummeting to $92,000 previous these days.
Graph appearing the full crypto marketplace cap from Jan. 5 to Feb. 3, 2025 (Supply: CoinMarketCap)
The put up Marketplace turmoil slashes DeFi TVL via $15 billion in 24 hours seemed first on CryptoSlate.
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