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DeFi TVL Falls 5.3% to $83.95 Billion a Day After Binance Hack

The Oct. 30 reading was the lowest since Aug. 21. Stablecoin supply stood at $296.6 billion, below $300 billion since Oct. 24.

A glass vessel drains beside several plain metal discs / TokenPost.ai
A glass vessel drains beside several plain metal discs / TokenPost.ai

The total value locked in decentralized finance (DeFi) fell 5.3% to $83.95 billion on Oct. 30, its lowest reading since Aug. 21. The decline came a day after the Binance hack.

Stablecoin supply stood at $296.6 billion, remaining below $300 billion since Oct. 24.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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