• bitcoinBitcoin (BTC) $ 84,519.00
  • ethereumEthereum (ETH) $ 1,588.83
  • tetherTether (USDT) $ 0.999922
  • xrpXRP (XRP) $ 2.07
  • bnbBNB (BNB) $ 592.29
  • solanaSolana (SOL) $ 134.84
  • usd-coinUSDC (USDC) $ 0.999887
  • dogecoinDogecoin (DOGE) $ 0.157854
  • tronTRON (TRX) $ 0.241318
  • cardanoCardano (ADA) $ 0.630418
  • staked-etherLido Staked Ether (STETH) $ 1,587.88
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 84,601.00
  • leo-tokenLEO Token (LEO) $ 9.23
  • chainlinkChainlink (LINK) $ 12.65
  • avalanche-2Avalanche (AVAX) $ 19.17
  • the-open-networkToncoin (TON) $ 3.00
  • stellarStellar (XLM) $ 0.241652
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • usdsUSDS (USDS) $ 0.999875
  • hedera-hashgraphHedera (HBAR) $ 0.166201
  • suiSui (SUI) $ 2.12
  • wrapped-stethWrapped stETH (WSTETH) $ 1,905.39
  • bitcoin-cashBitcoin Cash (BCH) $ 337.57
  • litecoinLitecoin (LTC) $ 75.82
  • hyperliquidHyperliquid (HYPE) $ 16.89
  • polkadotPolkadot (DOT) $ 3.69
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999733
  • bitget-tokenBitget Token (BGB) $ 4.42
  • ethena-usdeEthena USDe (USDE) $ 0.999250
  • pi-networkPi Network (PI) $ 0.650491
  • wethWETH (WETH) $ 1,589.05
  • whitebitWhiteBIT Coin (WBT) $ 27.91
  • moneroMonero (XMR) $ 215.62
  • wrapped-eethWrapped eETH (WEETH) $ 1,692.54
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 84,557.00
  • daiDai (DAI) $ 0.999922
  • uniswapUniswap (UNI) $ 5.21
  • pepePepe (PEPE) $ 0.000007
  • okbOKB (OKB) $ 50.31
  • aptosAptos (APT) $ 4.72
  • gatechain-tokenGate (GT) $ 22.46
  • tokenize-xchangeTokenize Xchange (TKX) $ 33.54
  • ondo-financeOndo (ONDO) $ 0.834231
  • susdssUSDS (SUSDS) $ 1.05
  • nearNEAR Protocol (NEAR) $ 2.08
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • ethereum-classicEthereum Classic (ETC) $ 15.62
  • bittensorBittensor (TAO) $ 271.74
  • internet-computerInternet Computer (ICP) $ 4.78
  • crypto-com-chainCronos (CRO) $ 0.084092
  • mantleMantle (MNT) $ 0.659389
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.17
  • aaveAave (AAVE) $ 139.20
  • render-tokenRender (RENDER) $ 3.90
  • vechainVeChain (VET) $ 0.023424
  • kaspaKaspa (KAS) $ 0.076816
  • cosmosCosmos Hub (ATOM) $ 4.15
  • fasttokenFasttoken (FTN) $ 4.23
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 84,513.00
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.190811
  • algorandAlgorand (ALGO) $ 0.191932
  • filecoinFilecoin (FIL) $ 2.46
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.999224
  • ethenaEthena (ENA) $ 0.282222
  • official-trumpOfficial Trump (TRUMP) $ 7.79
  • sonic-3Sonic (prev. FTM) (S) $ 0.457558
  • celestiaCelestia (TIA) $ 2.39
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 3.84
  • arbitrumArbitrum (ARB) $ 0.292566
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.507697
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 84,075.00
  • kucoin-sharesKuCoin (KCS) $ 10.03
  • makerMaker (MKR) $ 1,355.16
  • binance-staked-solBinance Staked SOL (BNSOL) $ 141.03
  • xdce-crowd-saleXDC Network (XDC) $ 0.070893
  • optimismOptimism (OP) $ 0.667946
  • jupiter-exchange-solanaJupiter (JUP) $ 0.376945
  • story-2Story (IP) $ 3.83
  • nexoNEXO (NEXO) $ 1.02
  • flare-networksFlare (FLR) $ 0.015934
  • binance-peg-wethBinance-Peg WETH (WETH) $ 1,589.76
  • eosEOS (EOS) $ 0.626248
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 1,654.76
  • bonkBonk (BONK) $ 0.000012
  • usdt0USDT0 (USDT0) $ 0.999818
  • blockstackStacks (STX) $ 0.597598
  • worldcoin-wldWorldcoin (WLD) $ 0.709386
  • sei-networkSei (SEI) $ 0.170317
  • paypal-usdPayPal USD (PYUSD) $ 1.00
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • tether-goldTether Gold (XAUT) $ 3,347.35
  • immutable-xImmutable (IMX) $ 0.451122
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999724
  • dexeDeXe (DEXE) $ 13.96
  • curve-dao-tokenCurve DAO (CRV) $ 0.598648
  • injective-protocolInjective (INJ) $ 7.94
  • pax-goldPAX Gold (PAXG) $ 3,349.05
  • fartcoinFartcoin (FARTCOIN) $ 0.763607
  • rocket-pool-ethRocket Pool ETH (RETH) $ 1,788.19
  • the-graphThe Graph (GRT) $ 0.079513
  • wbnbWrapped BNB (WBNB) $ 592.42
  • solv-protocol-solvbtc-bbnSolv Protocol xSolvBTC (XSOLVBTC) $ 82,916.00
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 84,445.00
  • usual-usdUsual USD (USD0) $ 0.997691
  • theta-tokenTheta Network (THETA) $ 0.655979
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 148.73
  • jasmycoinJasmyCoin (JASMY) $ 0.013425
  • the-sandboxThe Sandbox (SAND) $ 0.266416
  • galaGALA (GALA) $ 0.014466
  • lido-daoLido DAO (LDO) $ 0.700864
  • raydiumRaydium (RAY) $ 2.16
  • coredaoorgCore (CORE) $ 0.634288
  • msolMarinade Staked SOL (MSOL) $ 173.40
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.999148
  • heliumHelium (HNT) $ 3.47
  • chain-2Onyxcoin (XCN) $ 0.018635
  • mantle-staked-etherMantle Staked Ether (METH) $ 1,688.72
  • mantra-daoMANTRA (OM) $ 0.636768
  • iotaIOTA (IOTA) $ 0.160929
  • bittorrentBitTorrent (BTT) $ 0.00000061
  • kaiaKaia (KAIA) $ 0.100849
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • movementMovement (MOVE) $ 0.235937
  • flowFlow (FLOW) $ 0.366322
  • bitcoin-svBitcoin SV (BSV) $ 28.70
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.89
  • flokiFLOKI (FLOKI) $ 0.000056
  • tezosTezos (XTZ) $ 0.502212
  • decentralandDecentraland (MANA) $ 0.279582
  • jito-governance-tokenJito (JTO) $ 1.62
  • pendlePendle (PENDLE) $ 3.14
  • zcashZcash (ZEC) $ 31.17
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 1,662.23
  • walrus-2Walrus (WAL) $ 0.396686
  • clbtcclBTC (CLBTC) $ 84,302.00
  • true-usdTrueUSD (TUSD) $ 0.998024
  • pyth-networkPyth Network (PYTH) $ 0.135805
  • pumpbtcpumpBTC (PUMPBTC) $ 82,509.00
  • beldexBeldex (BDX) $ 0.066424
  • sonic-bridged-usdc-e-sonicSonic Bridged USDC.e (Sonic) (USDC.E) $ 0.999887
  • ethereum-name-serviceEthereum Name Service (ENS) $ 14.13
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999887
  • grassGrass (GRASS) $ 1.66
  • kavaKava (KAVA) $ 0.419699
  • dydx-chaindYdX (DYDX) $ 0.578733
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 84,522.00
  • solayerSolayer (LAYER) $ 2.02
  • ubtcuBTC (UBTC) $ 83,087.00
  • apenftAPENFT (NFT) $ 0.00000042
  • reserve-rights-tokenReserve Rights (RSR) $ 0.007309
  • telcoinTelcoin (TEL) $ 0.004435
  • hashnote-usycHashnote USYC (USYC) $ 1.08
  • usdbUSDB (USDB) $ 0.999888
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.157677
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 1,658.13
  • thorchainTHORChain (RUNE) $ 1.14
  • elrond-erd-2MultiversX (EGLD) $ 14.20
  • ecasheCash (XEC) $ 0.000020
  • spx6900SPX6900 (SPX) $ 0.429144
  • dogwifcoindogwifhat (WIF) $ 0.398838
  • neoNEO (NEO) $ 5.60
  • ousgOUSG (OUSG) $ 110.75
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 1,689.88
  • tbtctBTC (TBTC) $ 84,506.00
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 0.577755
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 1,588.61
  • olympusOlympus (OHM) $ 22.78
  • axie-infinityAxie Infinity (AXS) $ 2.30
  • resolv-usrResolv USR (USR) $ 0.999712
  • berachain-beraBerachain (BERA) $ 3.29
  • starknetStarknet (STRK) $ 0.122926
  • chilizChiliz (CHZ) $ 0.037487
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 1,589.43
  • compound-governance-tokenCompound (COMP) $ 39.50
  • conflux-tokenConflux (CFX) $ 0.068511
  • apecoinApeCoin (APE) $ 0.438364
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.999964
  • arweaveArweave (AR) $ 5.34
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 1,589.03
  • super-oethSuper OETH (SUPEROETHB) $ 1,588.60
  • usddUSDD (USDD) $ 1.00
  • based-brettBrett (BRETT) $ 0.034280
  • plumePlume (PLUME) $ 0.165920
  • matic-networkPolygon (MATIC) $ 0.190963
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000060
  • binance-peg-busdBinance-Peg BUSD (BUSD) $ 0.996449
  • saros-financeSaros (SAROS) $ 0.122399
  • wormholeWormhole (W) $ 0.070551
  • beam-2Beam (BEAM) $ 0.006118
  • fraxFrax (FRAX) $ 1.00
  • sun-tokenSun Token (SUN) $ 0.016550
  • aioz-networkAIOZ Network (AIOZ) $ 0.272644
  • trust-wallet-tokenTrust Wallet (TWT) $ 0.761961
  • aerodrome-financeAerodrome Finance (AERO) $ 0.386607
  • roninRonin (RON) $ 0.490992
  • justJUST (JST) $ 0.030565
  • amp-tokenAmp (AMP) $ 0.003515
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.004693
  • honey-3Honey (HONEY) $ 0.999597
  • ripple-usdRipple USD (RLUSD) $ 0.999712

How DeFi ‘Defied’ Market Carnage as Traders Poured Millions Amid Panic

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How DeFi 'Defied' Market Carnage as Traders Poured Millions Amid Panic

This week’s tariff-inspired market meltdown has led to a rapid sell-off across crypto-assets, with BTC trading below $80K and ETH hitting a two-year low of $1,432. The decentralized finance (DeFi) sector was not entirely immune to the chaos as total value locked (TVL) slumped to its lowest point since November at $95 billion.

But it wasn’t all bad news for DeFi.

Amidst plunging asset prices, DeFi showed resilience with muted outflows with key usage metrics faring far better than the price of ETH, the asset that underpins much of Ethereum’s DeFi ecosystem.

TVL on Aave, the largest DeFi protocol, rose in ETH terms this week as deposits hit a record high of 11.02 million ($17.32 billion). Deposits have been steadily increasing since the turn of the year when it stood at 3 million ETH.

Aave (DefiLlama)

What this shows is that whilst the recent bull market was focused on hype-fueled meme coins, the real-world use case of DeFi is still very much alive. In previous cycles DeFi has suffered due to centralized exchange dominance and a lack of liquidity, now capital is flooding in as traders deploy delta-neutral strategies, which increases liquidity on the long-term health of DeFi.

As the market edges closer into bearish territory, DeFi may well be one of the pillars keeping crypto afloat.

Aave was not the only protocol to experience inflows this week. TVL on Sky – formerly MakerDAO – increased from 1.85M ETH to 4.63M ETH. Lending protocol Spark also had a 1 million ETH boost in deposits earlier this month, according to DefiLlama.

The rush to DeFi during a market sell-off can be attributed to traders looking to de-risk, moving to stablecoins to acquire a delta-neutral yield through lending and borrowing instead of holding spot exposure during a volatile market.

Decentralized exchange volumes have also remained steady, hitting $11.8 billion on Monday and $9.8 billion halfway through Tuesday compared to last week when volumes failed to top $7 billion on any single day.

Source

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