Our DeFi weekly report elder has started moving, please help me urge him.
【DeFi TVL has reached a historical high, what are the major protocols doing???】
$UNI $LDO $Pendle $ENA
In response to yesterday's statement that the certain path is DeFi, let’s briefly write about what the major protocols are currently doing.
TL;DR
- The DeFi sector is back in the spotlight: Driven by the easing of U.S. regulations and accelerated institutional participation, DeFi TVL has reached a historical high of $350 billion, surpassing the peak of the 2021 bull market.
- Established protocols are evolving further:
@Uniswap: DUNA legal framework, paving the way for activating protocol fee switches, creating token cash flow.
@LidoFinance: Clear regulations + buyback plan as dual catalysts, improving token empowerment and market confidence.
- Newer protocols are expanding their influence:
@pendle_fi: Boros hedging tool, strengthening the moat in the interest rate derivatives space.
@ethena_labs: DAT + @aave flywheel + fee reinvestment mechanism, driven by narrative and fundamentals.
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This round of DeFi mainly benefits from the easing of U.S. regulations, such as the SEC's Project Crypto and the CFTC's Crypto Sprint. Positive news is also reflected in the overall TVL data, which has now reached $350 billion (350 B), a historical high, exceeding the $290 billion at the end of 2021.
It has become one of the few proven paths in the crypto space.
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