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As of now, the total value locked (TVL) in the DeFi market has climbed to $197 billion, just shy of its all-time high of $206 billion. Crucially, this rebound is being led not by newly emerging projects, but by veterans who once enjoyed the glory days of DeFi’s summer. From its earliest days of speculative demand to its current resurgence, the DeFi market’s collective growth is driven by the accelerated influx of institutional capital (RWAs, compliant lending, and 401(k) crypto investments), the resurgence of retail investors’ demand for on-chain returns during the bull market, and the emergence of new use cases driven by technological advancements. The return of veterans is both a reflection of market confidence and the prelude to a new round of DeFi competition. In this article, BlockBeats…# Analysis# crypto# defi# ethereum# Market# Technews# Token# ToolPre
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2026-05-07 16:09:24
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