CandleFocus

Value Locked in Defi Hits $100 Billion—But Six Giants Hold the Bulk of Crypto Assets

The crypto market has seen substantial gains, with the crypto economy reaching $2.69 trillion. The total value locked (TVL) in decentralized finance (defi) has surpassed $100 billion, with leading protocols such as Lido, Aave, and Eigenlayer holding large amounts of value. The top six defi protocols account for 80.12% of the TVL, while the remaining value is spread across numerous other platforms. While this concentration brings benefits, it also poses a risk to the broader defi ecosystem if any of the major platforms face challenges. The defi sector's resilience will be tested as it continues to grow.

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