• bitcoinBitcoin (BTC) $ 103,744.00
  • bitcoinBitcoin (BTC) $ 103,744.00
  • ethereumEthereum (ETH) $ 2,521.68
  • ethereumEthereum (ETH) $ 2,521.68
  • tetherTether (USDT) $ 1.00
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.13
  • xrpXRP (XRP) $ 2.13
  • bnbBNB (BNB) $ 653.74
  • bnbBNB (BNB) $ 653.74
  • solanaSolana (SOL) $ 154.89
  • solanaSolana (SOL) $ 154.89
  • usd-coinUSDC (USDC) $ 0.999822
  • usd-coinUSDC (USDC) $ 0.999822
  • dogecoinDogecoin (DOGE) $ 0.189643
  • dogecoinDogecoin (DOGE) $ 0.189643
  • tronTRON (TRX) $ 0.269183
  • tronTRON (TRX) $ 0.269183
  • cardanoCardano (ADA) $ 0.667654
  • cardanoCardano (ADA) $ 0.667654
  • staked-etherLido Staked Ether (STETH) $ 2,519.65
  • staked-etherLido Staked Ether (STETH) $ 2,519.65
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 103,605.00
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 103,605.00
  • wrapped-stethWrapped stETH (WSTETH) $ 3,030.91
  • wrapped-stethWrapped stETH (WSTETH) $ 3,030.91
  • suiSui (SUI) $ 3.18
  • suiSui (SUI) $ 3.18
  • hyperliquidHyperliquid (HYPE) $ 31.30
  • hyperliquidHyperliquid (HYPE) $ 31.30
  • chainlinkChainlink (LINK) $ 13.70
  • chainlinkChainlink (LINK) $ 13.70
  • avalanche-2Avalanche (AVAX) $ 20.19
  • avalanche-2Avalanche (AVAX) $ 20.19
  • stellarStellar (XLM) $ 0.261316
  • stellarStellar (XLM) $ 0.261316
  • leo-tokenLEO Token (LEO) $ 8.74
  • leo-tokenLEO Token (LEO) $ 8.74
  • bitcoin-cashBitcoin Cash (BCH) $ 401.33
  • bitcoin-cashBitcoin Cash (BCH) $ 401.33
  • the-open-networkToncoin (TON) $ 3.07
  • the-open-networkToncoin (TON) $ 3.07
  • shiba-inuShiba Inu (SHIB) $ 0.000013
  • shiba-inuShiba Inu (SHIB) $ 0.000013
  • usdsUSDS (USDS) $ 0.999775
  • usdsUSDS (USDS) $ 0.999775
  • hedera-hashgraphHedera (HBAR) $ 0.163445
  • hedera-hashgraphHedera (HBAR) $ 0.163445
  • wethWETH (WETH) $ 2,520.28
  • wethWETH (WETH) $ 2,520.28
  • wrapped-eethWrapped eETH (WEETH) $ 2,690.37
  • wrapped-eethWrapped eETH (WEETH) $ 2,690.37
  • litecoinLitecoin (LTC) $ 85.07
  • litecoinLitecoin (LTC) $ 85.07
  • polkadotPolkadot (DOT) $ 4.00
  • polkadotPolkadot (DOT) $ 4.00
  • moneroMonero (XMR) $ 326.20
  • moneroMonero (XMR) $ 326.20
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999209
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999209
  • bitget-tokenBitget Token (BGB) $ 4.75
  • bitget-tokenBitget Token (BGB) $ 4.75
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • pepePepe (PEPE) $ 0.000011
  • pepePepe (PEPE) $ 0.000011
  • whitebitWhiteBIT Coin (WBT) $ 31.23
  • whitebitWhiteBIT Coin (WBT) $ 31.23
  • pi-networkPi Network (PI) $ 0.618520
  • pi-networkPi Network (PI) $ 0.618520
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 103,723.00
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 103,723.00
  • daiDai (DAI) $ 0.999705
  • daiDai (DAI) $ 0.999705
  • aaveAave (AAVE) $ 248.55
  • aaveAave (AAVE) $ 248.55
  • uniswapUniswap (UNI) $ 6.07
  • uniswapUniswap (UNI) $ 6.07
  • bittensorBittensor (TAO) $ 404.85
  • bittensorBittensor (TAO) $ 404.85
  • crypto-com-chainCronos (CRO) $ 0.103314
  • crypto-com-chainCronos (CRO) $ 0.103314
  • okbOKB (OKB) $ 50.21
  • okbOKB (OKB) $ 50.21
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • jito-staked-solJito Staked SOL (JITOSOL) $ 186.64
  • jito-staked-solJito Staked SOL (JITOSOL) $ 186.64
  • nearNEAR Protocol (NEAR) $ 2.40
  • nearNEAR Protocol (NEAR) $ 2.40
  • aptosAptos (APT) $ 4.64
  • aptosAptos (APT) $ 4.64
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • tokenize-xchangeTokenize Xchange (TKX) $ 33.28
  • tokenize-xchangeTokenize Xchange (TKX) $ 33.28
  • ondo-financeOndo (ONDO) $ 0.810889
  • ondo-financeOndo (ONDO) $ 0.810889
  • internet-computerInternet Computer (ICP) $ 4.77
  • internet-computerInternet Computer (ICP) $ 4.77
  • ethereum-classicEthereum Classic (ETC) $ 16.71
  • ethereum-classicEthereum Classic (ETC) $ 16.71
  • susdssUSDS (SUSDS) $ 1.05
  • susdssUSDS (SUSDS) $ 1.05
  • gatechain-tokenGate (GT) $ 19.21
  • gatechain-tokenGate (GT) $ 19.21
  • mantleMantle (MNT) $ 0.671070
  • mantleMantle (MNT) $ 0.671070
  • kaspaKaspa (KAS) $ 0.082972
  • kaspaKaspa (KAS) $ 0.082972
  • usd1-wlfiUSD1 (USD1) $ 0.999845
  • usd1-wlfiUSD1 (USD1) $ 0.999845
  • official-trumpOfficial Trump (TRUMP) $ 10.75
  • official-trumpOfficial Trump (TRUMP) $ 10.75
  • vechainVeChain (VET) $ 0.023612
  • vechainVeChain (VET) $ 0.023612
  • render-tokenRender (RENDER) $ 3.74
  • render-tokenRender (RENDER) $ 3.74
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 103,247.00
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 103,247.00
  • cosmosCosmos Hub (ATOM) $ 4.26
  • cosmosCosmos Hub (ATOM) $ 4.26
  • fasttokenFasttoken (FTN) $ 4.43
  • fasttokenFasttoken (FTN) $ 4.43
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.729200
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.729200
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.206680
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.206680
  • ethenaEthena (ENA) $ 0.304278
  • ethenaEthena (ENA) $ 0.304278
  • worldcoin-wldWorldcoin (WLD) $ 1.13
  • worldcoin-wldWorldcoin (WLD) $ 1.13
  • filecoinFilecoin (FIL) $ 2.50
  • filecoinFilecoin (FIL) $ 2.50
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997833
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997833
  • algorandAlgorand (ALGO) $ 0.190592
  • algorandAlgorand (ALGO) $ 0.190592
  • arbitrumArbitrum (ARB) $ 0.331445
  • arbitrumArbitrum (ARB) $ 0.331445
  • quant-networkQuant (QNT) $ 106.45
  • quant-networkQuant (QNT) $ 106.45
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.43
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.43
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,518.76
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,518.76
  • jupiter-exchange-solanaJupiter (JUP) $ 0.510803
  • jupiter-exchange-solanaJupiter (JUP) $ 0.510803
  • kucoin-sharesKuCoin (KCS) $ 11.27
  • kucoin-sharesKuCoin (KCS) $ 11.27
  • celestiaCelestia (TIA) $ 2.15
  • celestiaCelestia (TIA) $ 2.15
  • binance-staked-solBinance Staked SOL (BNSOL) $ 163.34
  • binance-staked-solBinance Staked SOL (BNSOL) $ 163.34
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 2.03
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 2.03
  • usdt0USDT0 (USDT0) $ 1.00
  • usdt0USDT0 (USDT0) $ 1.00
  • bonkBonk (BONK) $ 0.000016
  • bonkBonk (BONK) $ 0.000016
  • sonic-3Sonic (S) $ 0.388000
  • sonic-3Sonic (S) $ 0.388000
  • nexoNEXO (NEXO) $ 1.21
  • nexoNEXO (NEXO) $ 1.21
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,865.69
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,865.69
  • injective-protocolInjective (INJ) $ 12.07
  • injective-protocolInjective (INJ) $ 12.07
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,633.31
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,633.31
  • flare-networksFlare (FLR) $ 0.017016
  • flare-networksFlare (FLR) $ 0.017016
  • blockstackStacks (STX) $ 0.726203
  • blockstackStacks (STX) $ 0.726203
  • story-2Story (IP) $ 3.85
  • story-2Story (IP) $ 3.85
  • optimismOptimism (OP) $ 0.626469
  • optimismOptimism (OP) $ 0.626469
  • fartcoinFartcoin (FARTCOIN) $ 1.05
  • fartcoinFartcoin (FARTCOIN) $ 1.05
  • sei-networkSei (SEI) $ 0.191184
  • sei-networkSei (SEI) $ 0.191184
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999469
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999469
  • immutable-xImmutable (IMX) $ 0.539294
  • immutable-xImmutable (IMX) $ 0.539294
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 103,315.00
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 103,315.00
  • xdce-crowd-saleXDC Network (XDC) $ 0.059285
  • xdce-crowd-saleXDC Network (XDC) $ 0.059285
  • eosEOS (EOS) $ 0.633434
  • eosEOS (EOS) $ 0.633434
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,685.43
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,685.43
  • paypal-usdPayPal USD (PYUSD) $ 0.999781
  • paypal-usdPayPal USD (PYUSD) $ 0.999781
  • spx6900SPX6900 (SPX) $ 0.959835
  • spx6900SPX6900 (SPX) $ 0.959835
  • the-graphThe Graph (GRT) $ 0.093416
  • the-graphThe Graph (GRT) $ 0.093416

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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