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- 🌙 DeFi TVL Drops $50B, Wiping Out Gains from Cycle Highs
🌙 DeFi TVL Drops $50B, Wiping Out Gains from Cycle Highs
The total value locked (TVL) in decentralized finance (DeFi) protocols has fallen by approximately $50 billion in the past four months, eliminating gains made since the post-election market surge in November 2024.
Mike Gavela
March 13, 2025
In partnership with
Crypto Roundup - March 13
In recent developments across the cryptocurrency landscape, DeFi's total value locked (TVL) has experienced a significant drop of $50 billion, erasing gains from previous cycle highs. This downturn reflects broader market trends and investor caution. Concurrently, in a bold move to bolster national economic security, the Trump administration has proposed the establishment of a strategic Bitcoin reserve. This initiative aims to acquire substantial amounts of Bitcoin to support the U.S. as a future crypto capital. Contrary to earlier confusion, this reserve will include major cryptocurrencies like Bitcoin, Ethereum, XRP, Solana, and Cardano. Additionally, Binance CEO Changpeng Zhao has publicly denied any involvement with former President Trump's investment or pardon campaign, distancing the crypto exchange from political affiliations
Top Stories
DeFi TVL plunges by $50B: Recent market data indicate a significant reduction in DeFi's total value locked, highlighting increased market volatility and investor withdrawals.
Trump administration's crypto strategy: The proposed strategic Bitcoin reserve includes major cryptocurrencies, aiming to position the U.S. as a global leader in the crypto space.
Binance CEO denies political ties: Changpeng Zhao has clarified that Binance remains politically neutral, with no ties to Trump's financial maneuvers in the cryptocurrency sector.
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