Data: DeFi TVL dropped by 48.9 billion USD in Q1 this year, a decrease of 27.5%

ChainCatcher news, according to a report by CoinGecko, in the first quarter of 2025, the total value locked (TVL) in decentralized finance (DeFi) decreased by 27.5%, a drop of $48.9 billion, due to the widespread decline in altcoin prices.

Among them, Ethereum's TVL decreased by approximately $40 billion, with its market share falling from 63.5% to 56.6%. Solana and Base saw an increase in market share, but user deposits also retreated. The emerging public chain Berachain has a TVL of $5.2 billion, ranking sixth.