DeFi is experiencing a strong recovery with total value locked (TVL) reaching 138 billion USD, the highest level in the past three years.
The growth of DeFi is driven by three main areas: lending, liquid staking, and restaking, in which Ethereum continues to be the center of the ecosystem with roles in infrastructure and innovation.
MAIN CONTENT
TVL in DeFi increased by 57% to 138 billion USD, marking the highest level in three years.
The three main sectors driving growth are lending, liquid staking, and restaking.
Ethereum maintains a central position with exceptional growth in tokenized assets and staking.
Is DeFi really making a strong comeback?
Data from DeFiLlama shows that the total value locked in assets (TVL) across DeFi protocols reached 138.5 billion USD in mid-July, the highest level since May 2022. This represents a 57% increase from the April low of just 87 billion USD, demonstrating a strong improvement in market sentiment.
The entry of institutional investors and the return of retail users also somewhat reinforce this recovery. Ethereum holds nearly 60% of the DeFi ecosystem market share, demonstrating a stable leadership position.
DeFi is witnessing a significant transformation towards sustainability and long-term growth after many years of difficulties.
– Camila Russo, Founder of The Defiant, 2025
What factors are driving the growth of DeFi?
The three core areas leading DeFi's recovery are lending, liquid staking, and restaking. Platforms like Aave have accumulated total deposits exceeding 50 billion USD, an important component of market infrastructure.
Lido DAO holds a dominant position in the liquid staking space with over 32 billion USD locked, while EigenLayer has emerged as a pioneer in restaking with nearly 17 billion USD in TVL. These three protocols account for more than a third of the total value locked across all of DeFi, reaching nearly 50 billion USD.
What is Ethereum's role in the rise of DeFi?
Ethereum continues to assert its central position in the DeFi ecosystem. The value of tokenized real-world assets on Ethereum has increased nearly 20 times since the beginning of 2024, thanks to the participation of major asset managers bringing traditional products to the blockchain.
Data from Token Terminal indicates that Ethereum currently holds over 270 billion USD in total TVL, recording 137 billion USD in stablecoins, 120 billion USD in staking value, and nearly 40 billion USD in liquid staking value. Liquidity on decentralized exchanges on Ethereum is nearing half a trillion USD by 2025.
The tokenization of traditional assets on Ethereum opens a new era for DeFi, enhancing diversity and liquidity for the market.
– David Schwartz, CTO Ripple, 2025
Comparison table of TVL among leading DeFi protocols (billion USD)
Protocol Function TVL (billion USD) Role Aave Lending 50 Core to the lending market infrastructure Lido DAO Liquid Staking 32 Dominates the liquid staking sector on Ethereum EigenLayer Restaking 17 Innovating with a rapidly growing restaking solution.
Frequently Asked Questions (FAQ)
How is DeFi currently showing signs of a strong recovery?
The total value locked (TVL) in DeFi has increased by 57% since April 2025, reaching 138 billion USD, the highest level in 3 years, according to DeFiLlama.
What role does Ethereum play in the development of DeFi?
Ethereum is the center of infrastructure and innovation in DeFi, holding nearly 60% market share with a TVL of over 270 billion USD and experiencing significant growth in the tokenization of traditional assets.
What sectors are currently driving the growth of DeFi?
Lending, liquid staking, and restaking are the three key foundational areas driving the recovery and growth of DeFi's total value locked.
What are the most prominent DeFi protocols today?
Aave leads in the lending sector with a TVL of over 50 billion USD, Lido DAO dominates liquid staking with 32 billion USD, while EigenLayer stands out in restaking with nearly 17 billion USD.
How is the value of tokenized real-world assets (RWA) on Ethereum developing?
Since the beginning of 2024, the value of tokenized RWA on Ethereum has increased nearly 20 times, thanks to the participation of major asset managers and traditional funds.
Source: https://tintucbitcoin.com/defi-phuc-hoi-bom-138-trieu-usd/
Thank you for reading this article!
Please Like, Comment, and Follow TinTucBitcoin to stay updated with the latest news about the cryptocurrency market and not miss any important information!
