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DeFi TVL Falls to $88B as Morpho Gains While Lido and Aave Lose Liquidity

DeFi TVL Falls to $88B as Morpho Gains While Lido and Aave Lose Liquidity

Photo: Crypto Daily

Decentralized finance is losing liquidity again, with total value locked falling to roughly $88 billion on October 27. According to DefiLlama , DeFi TVL is down around 2.5% over the past week, with Ethereum, Lido and Aave accounting for a large share of the decline. At the same time, Morpho continues to move in the opposite direction. Morpho added roughly $304 million in TVL over the past week , taking total value locked to around $11.4 billion , according to DefiLlama . That represents growth of about 2.7% while most major protocols are losing liquidity.

Source: Crypto Daily

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