DefiLlama data cited on July 1 showed DeFi TVL at about $69.358 billion, down roughly 60% from a local peak near $171 billion in October 2025, signaling weaker capital deployment across protocols.
Total value locked across DeFi fell below $70 billion, reaching about $69.358 billion according to DefiLlama data cited on July 1, its lowest level since February 2024. TVL, a measure of crypto assets deposited in decentralized finance protocols, is down roughly 60% from a local peak near $171 billion in October 2025, pointing to a sharp pullback in capital committed to the sector.