POPA ReconDeFi TVL Keeps Bleeding as 2026 Downtrend Continues
DeFi TVL Keeps Bleeding as 2026 Downtrend Continues Total DeFi TVL has fallen in every single month of 2026, sliding from ~$115B in January to ~$70B today — a 39% drop year-to-date. The decline largely reflects the broader market correction following the October 2025 peak, when Bitcoin reached a new all-time high above $122K and total crypto market capitalization climbed to $4.21T. Among the largest ecosystems, TRON and Hyperliquid were the only chains in the top 10 to grow their TVL in 2026, with TRON up around 5% and Hyperliquid up roughly 7% 👉 https://cryptorank.io/blockchains
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