The Decentralized Finance (Defi) market observes the renewed momentum, with the total value locked (TVL) risen to $ 543.96 billion, which an increase of 2.7% compared to the past 30 days. This sudden increase shows a growing hunger for liquidity and trust in stablecoins, loan protocols and strike platforms, although not all major players have undergone growth.
Top 5 Companies and Daos based on TVL:
1. @Tether_to $ 175.7b
2. @Circle $ 73.1b
3. @Aave $ 67.7b
4. @Lidofinance $ 38.4B
5. @Eigenlayer $ 19.8b pic.twitter.com/wjuydujpaf– Token Terminal ๐ ๐ (@tokenderminal) September 21, 2025
According to the recent details, Tether ($ USDT) opposes the undoubtedly market leader, which means that $ 175.7 billion in TVL has increased an increase of 3.9% in the past month. The next is Circle, E -Egent from USD Coin ($ USDC), which has been increased to $ 73.1 billion, with a majestic growth of 9.9%. Together, these two stablecoin giants account for about half the locked value of the Defi market, in which the most important role of stable assets in the ecosystem is emphasized.
$ Aave holds strong at $ 67.7b as a Lido and Eigenlaer see Steiler TVL -drops
Aave ($ aave), one of the largest credit protocols, has $ 67.7 billion, undergoes a modest sink of 1.5%. At the time, Lido Finance ($ LDO), the leading liquid platform, had struggled with sharp decreases, with TVL 9.6% falling to $ 38.4 billion.
Both Stablecoins have a difference in holding $ 29.3 billion, which is a huge difference in possession of assets. In addition, Eenzelflaer, the repeated protocol that fascinated a lot of attention this year, saw TVL fall by 12.1% to $ 19.8 billion.
TVfluctuations mark the evolving role of Defi in liquidity and generating yield
The various achievements indicate a moving landscape within Defi, but stablecoins and loans remain strong, and see strike -related platforms withdrawal in the middle of the market unpredictability. With TVL that improves the milestone of $ 550 billion, Defi is resumed to strengthen its position in the broader crypto economy and to place himself as a basis for liquidity, revenue generation and decentralized financial services.
The entire report of the past 30 days shows fluctuations in the price values โโof these stablecoins. In this list, only Tether and Circle show a positive response to increase, while other three, Aave ($ aave) Lido Finance ($ LDO) and Eigenlayer ($ own) purchase in which $ leads with 12.1% of other stabilecoins.