Solana DeFi TVL falls to $5.72B, lowest since mid-September
- —Solana TVL at $5.72B versus $6.61B peak on September 28, a 13.4% decline
- —24-hour DEX volume of $1.45B versus $726M on Ethereum and $716M on Base
- —Capital turnover on Solana is 25.2% per day versus 11.9% on Base and 1.5% on Ethereum
- —Base overtook Solana by TVL on October 10, with the gap now around $280M
Why it matters: Capital leaving while volume holds lifts fee yields for remaining liquidity providers, but any drop in trading would erode Solana's support faster than on rival chains.
Source: CryptoTicker