DeFi just hit a current cycle all time high in TVL Just overtook the levels we hit in December 2024, now at $137b TVL across all of DeFi. Insane to think we are still lower than the $177b back in November 2021. That's despite: - New all time highs on BTC, 2x higher than last cycle - Stablecoin market cap being 50% higher than last cycle - DeFi rehypotheciation from LSTs and LRTs - New yield bearing protocols - @ethena_labs @pendle_fi + tons of new innovative DeFi - Older DeFi protocols being more resistant and resilient standing the test of time - @aave @Uniswap - The rise of Solana and Solana DeFi Still another 30% to go to break last cycles high. Interesting that $ETH is 30% away from it's own ATH too - there's a strong correlation here considering how many of the top DeFi protocols TVL is based on $ETH Will we see it later this year? I'd like to this so