DeFi TVL Surpasses $100B, Marking Sector Growth and Market Confidence

The total value locked (TVL) in decentralized finance (DeFi) applications across public blockchains has surpassed $100B, marking a significant milestone for the DeFi sector. This achievement reflects the growing adoption and confidence in DeFi platforms, as highlighted by multiple sources within the industry. In addition to the overall growth, specific platforms like Stride have also reported substantial increases in their TVL, with Stride's TVL exceeding $175 million due to the popularity of assets such as stATOM, stTIA, and stDYDX. The surge in TVL is attributed to a positive sentiment in the market, partly fueled by recent movements in Bitcoin's price. Industry observers note that despite this growth, DeFi's share of the global financial assets market remains minuscule at just 0.01%, against the backdrop of the ~$510 trillion global financial assets market, suggesting significant potential for further expansion.