Significant Decline in DeFi TVL Across Major and Emerging Blockchains

According to BlockBeats, on January 8, several mainstream and emerging blockchain platforms have experienced a substantial decrease in their DeFi Total Value Locked (TVL) compared to their peak values. Notably, Tether's stablecoin blockchain, Stable, saw its DeFi TVL plummet to an astonishing $29,231, sparking widespread discussion within the community. Eclipse and Berachain also witnessed a dramatic reduction in TVL, losing approximately 95% from their peak values.Among established blockchains, Ethereum's DeFi TVL is currently reported at $72.773 billion, marking a decline of over 25% from its peak of $97.3 billion in August 2025. Solana's DeFi TVL stands at $8.86 billion, down about 33% from its September 2025 peak of $13.22 billion. Bitcoin's DeFi TVL is at $7.01 billion, reflecting a drop of over 23% from its October 2025 peak of $9.12 billion. BNB Chain's DeFi TVL is reported at $6.797 billion, a decrease of over 25% from its October 2025 peak of $9.15 billion. Base's DeFi TVL is currently $4.745 billion, showing a decline of over 12% from its October 2025 peak of $97.3 billion.Emerging blockchains have also faced significant declines. Stable's DeFi TVL has reached an unexpected low of $29,231, previously exceeding $100 million. Eclipse's DeFi TVL is reported at $2.72 million, down approximately 95% from its February 2025 peak of $4,900, with Eclipse's official account previously stating, "We have no users." Plasma's DeFi TVL is at $3.205 billion, a reduction of about 50% from its October 2025 peak of $6.36 billion. Monad's DeFi TVL is currently $283.72 million. Berachain's DeFi TVL stands at $174.11 million, down approximately 95% from its May 2025 peak of $3.306 billion.