😵 DeFi TVL decreased by $15 billion in 24 hours due to market turbulence
The protocol with a TVL of $53,781,034,681 decreased by approximately $15 billion in 24 hours, from $141.87 billion on February 2 to $127.3 billion.
Top DeFi platforms including Aave, Lido, and EigenLayer experienced double-digit percentage declines in TVL during the reporting period.
Since January 31, the crypto market has lost approximately $400 billion, with Bitcoin prices dropping to $91,000 earlier today.
The crypto market experienced $2.25 billion in liquidations within 24 hours, marking one of the largest single-day liquidations since the collapse of $78,741,433,100 and $33,630,522,529.
This market turbulence is directly related to events in traditional financial markets, such as Trump's tariff policies and the impact of $17,693,838,182.
Market panic spread, leading a large number of investors to sell off assets, further exacerbating the market decline.