In the past week, decentralized finance (defi) protocols have lost 12.71% of their locked capital, resulting in a $15.088 billion decline. The total value locked (TVL) in defi platforms now stands at $103.67 billion, just $3.67 billion above the $100 billion threshold. Lido is currently the leading defi protocol with $24.44 billion, followed by Aave with $19.107 billion and Eigenlayer with $11.34 billion. While these top protocols hold 52.94% of the total locked capital, they all experienced significant contractions in value. Ethena and Babylon demonstrated some resilience during this turbulent period. It remains uncertain if the worst is over or if further turbulence awaits, considering the broader market.



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