The total value locked in DeFi has decreased by 30%, primarily due to market uncertainty and macroeconomic pressures.

The total value locked (TVL) in $DeFi has declined by more than 30% from its peak of $137 billion in December last year, dropping to $94.50 billion, and reached a recent low of $88 billion last month. Analysts believe that this decline is primarily due to macroeconomic pressures and the immaturity of the $DeFi ecosystem. Vincent Liu, CIO of Kronos Research, stated that market uncertainty has led to a decrease in user confidence, a reduction in active addresses in the crypto market, price corrections, and intensified competition from other blockchains. Additionally, former U.S. President Trump's trade tariff policies and inflation concerns have weakened the previously bullish sentiment in the crypto market. Bitcoin's price has fallen from a high of $108,000 in January to around $83,000 now, while Ethereum has dropped from $4,000 to $1,800. Kevin Guo, research director at HashKey Research, pointed out that $DeFi still needs to mature further to achieve deep integration with institutional and financial products while improving user experience and security.