DeFi TVL slips below $90B as Morpho adds $304M while Lido and Aave bleed liquidity
- —DeFi TVL at $87.8B, down 1.8% in 24 hours
- —DEX volume over seven days fell 12% to $44.1B
- —Lido shed $790M in a week, TVL now $22.6B
- —Morpho added $304M, TVL up to $11.4B
Why it matters: Capital is rotating within DeFi rather than leaving it, favoring isolated lending markets like Morpho as Lido and Aave lose liquidity.
Source: Crypto Daily