The decentralized finance (DeFi) market is observing renewed momentum, with the total value locked (TVL) has ascended to $543.96 billion, marking a 2.7% increase over the previous 30 days. This sudden increase shows a growing hunger for liquidity and trust in stablecoins, lending protocols, and staking platforms, although not all major players have experienced growth.
According to the recent details, Tether ($USDT) resists the undoubted market leader, increasing $175.7 billion in TVL, up 3.9% in the last month. Next one is Circle, issuer of USD Coin ($USDC), which has boosted to $73.1 billion, showing a majestic 9.9% growth. Together, these two stablecoin giants account for about half of the DeFi market’s locked value, emphasizing the major role of stable assets in the ecosystem.
Aave ($AAVE), one of the largest lending protocols, holds $67.7 billion, undergoes a modest sink of 1.5%. At the time, Lido Finance ($LDO), the leading liquid platform, had struggled with sharp declines, with TVL dropping 9.6% to $38.4 billion.
Both these stablecoins, have a difference of holding $29.3 billion, which is a huge difference of holding assets. Furthermore, EigenLayer, the restaking protocol that has captivated considerable attention this year, saw its TVL drop by 12.1% to $19.8 billion.
The assorted performance indicates a moving landscape within DeFi, but stablecoins and lending remain strong, and staking-related platforms are seeing withdrawals amid market unpredictability. With TVL advancing to the $550 billion milestone, DeFi resumes to empower its foothold in the wider crypto economy, placing itself as a foundation for liquidity, yield generation, and decentralized financial services.
The whole report of past 30 days shows fluctuations in the price-values of these stablecoins. In this list, only, Tether and Circle show positive response to increase, while other three, Aave ($AAVE) Lido Finance ($LDO), and EigenLayer ($EIGEN) shows decline in which $EIGEN leads with 12.1% from other stablecoins.


BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate. BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more
