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 📊 📊 (@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 ​​of 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.
