DeFi TVL falls 27% while AI, social apps surge in Q1: DappRadar

Economic uncertainty and a major crypto exchange hack pushed down the total value locked in decentralized finance (DeFi) protocols to $156 billion in the first quarter of 2025, but AI and social apps gained ground with a rise in network users, according to a crypto analytics firm. “Broader economic uncertainty and lingering aftershocks from the Bybit exploit” were the main contributing factors to the DeFi sector’s 27% quarter-on-quarter fall in TVL, according to an April 3 report from DappRadar, which noted that Ether (ETH) fell 45% to $1,820 over the same period. Change in DeFi total value locked between Jan. 2024 and March 2025 source: https://cointelegraph.com/news/defi-tvl-tumbles-59-billion-q1-ai-social-apps-grow-dappradar?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound