📉 DeFi continues to drain liquidity — TVL has fallen every month since 2026 and has already fallen by approximately 39% since the beginning of the year, from $115 billion in January to around $70 billion today.

The main reason is the overall market cooling after the October 2025 peak. Among the major ecosystems, only TRON and Hyperliquid have remained positive.

@DeCenterOrg