Coinspeaker
Aug 24, 2025
16 2

DeFi Total Value Locked Surpasses $161 Billion as Lido and AAVE Gain

1 min

Leading DeFi protocols have gained significantly over the past month, driven by increased retail and institutional interest. The total value locked (TVL) in DeFi reached over $161 billion, the highest since April 2021, with Ethereum holding $97.6 billion and Solana at $11.4 billion.

Key Highlights

  • Lido has grown from $30 billion to $42.5 billion, overtaking AAVE.
  • AAVE increased by approximately $9 billion, reaching $41.1 billion.
  • This influx indicates greater investor confidence in risk assets beyond Bitcoin and Ethereum.
  • Historically, liquidity flow into leading protocols often precedes investment in smaller altcoins.
  • Bitcoin dominance has declined to 57%, while Ethereum and low-cap altcoins have seen gains.
  • Market sentiment remains above neutral despite bearish trends; clarity on US Fed rate cuts may boost risk assets.