DeFi TVL slips 7% in October as Arc and Morpho buck the outflow
- —DeFi TVL fell 7% in October; token market cap down 8.4% over 30 days
- —Bitcoin-based DeFi grew 39.19% to $6.19B with BTC at $80–85K
- —Arc added 21% to $617.8M; Morpho grew more than 3%
- —Base overtook Solana as the third-largest liquidity venue
Why it matters: The outflow ended a three-month TVL expansion, but demand for BTC-native lending and tokenized collateral remains the main growth driver.
Source: Cryptopolitan