The total value locked in cryptocurrency has reached a new peak of approximately $375 billion, surpassing all previous highs. This increase is attributed to renewed capital flow into on-chain finance, particularly driven by stablecoins and DeFi sectors.
Stablecoins, Lending, and Staking Dominate Capital Inflows
Stablecoin issuers now control the largest share of locked value, driven by growing demand for liquidity and transaction stability. In a post by Lucky, the sector was named as the top contributor to the current all-time high in TVL.
Five Sectors Fueling the Record Surge
According to data from Tokenterminal, the five sectors leading this rally include stablecoin issuers, lending, liquid staking, DEXs, and RWA protocols. The data segments total locked value by vertical, revealing how each layer contributes to the cumulative $375 billion.
New Priorities Reshape On-Chain Finance
More capital is now sitting in liquid, yield-focused, or real-world-linked tools than ever before. That includes stablecoins, RWAs, and protocols that pay users to stay in.
In conclusion, the recent surge in total value locked in cryptocurrency reflects a shift in investor priorities towards liquid and yield-generating instruments.
