The total value locked (TVL) in prominent DeFi blockchains has seen a significant decline, according to a report from DeFiLlama. Despite their high TVL levels, Ethereum, Solana, Tron, Bitcoin, Binance Smart Chain, Base, Arbitrum, Sui, Hyperliquid, and Avalanche have all experienced notable slumps. Ethereum remains in the top position with a TVL of $64.242 billion, an 8.45% decrease in the past week. Solana is in second place with a TVL of $8.587 billion, seeing a 10.07% dip. Tron, Bitcoin, Binance Smart Chain, Base, Arbitrum, Sui, Hyperliquid, and Avalanche have also seen declines in their TVLs. This raises concerns about the short-term trajectory of these projects.



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