DeFi Sentiment Rattled as Steep TVL Decline Hits Every Major Blockchain

Decentralized finance (DeFi) industry suffered one of its toughest weeks in months as total value locked (TVL) across major networks fell sharply.

According to Sentora data, DeFi protocols on Ethereum, Solana, Arbitrum, BNB Smart Chain, and Base all recorded double-digit declines.

This reflected a broad pullback in user activity as market conditions shifted and security incidents intensified.

DeFi TVl was hit hard this week, with all major chains recording double-digit drawdowns