{"id":126430,"date":"2025-04-04T00:16:30","date_gmt":"2025-04-04T00:16:30","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=126430"},"modified":"2025-04-04T00:16:30","modified_gmt":"2025-04-04T00:16:30","slug":"defi-tvl-falls-27-while-ai-social-apps-surge-in-q1-dappradar","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=126430","title":{"rendered":"DeFi TVL falls 27% while AI, social apps surge in Q1: DappRadar"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsEconomic uncertainty and a major crypto exchange hack pushed down the total value locked in decentralized finance (DeFi) protocols to $156 billion in the first quarter of 2025, but AI and social apps gained ground with a rise in network users, according to a crypto analytics firm.<br \/>\n\u201cBroader economic uncertainty and lingering aftershocks from the Bybit exploit\u201d were the main contributing factors to the DeFi sector\u2019s 27% quarter-on-quarter fall in TVL, according to an April 3 report from DappRadar, which noted that Ether (ETH) fell 45% to $1,820 over the same period.<br \/>\nChange in DeFi total value locked between Jan. 2024 and March 2025. Source: DappRadarThe largest blockchain by TVL, Ethereum, fell 37% to $96 billion, while Sui was the hardest hit of the top 10 blockchains by TVL, falling 44% to $2 billion.<br \/>\nSolana, Tron and the Arbitrum blockchains also had their TVLs slashed over 30%.<br \/>\nMeanwhile, blockchains that experienced a larger volume of DeFi withdrawals and had a smaller share of stablecoins locked in their protocols faced extra pressure on top of the falling token prices.<br \/>\nThe newly launched Berachain was the only top-10 blockchain by TVL to rise, accumulating $5.17 billion between Feb. 6 and March 31, DappRadar noted.<br \/>\nMarket fall didn\u2019t stunt AI and social app user growth<br \/>\nHowever, the number of daily unique active wallets (DUAW) interacting with AI protocols and social apps increased 29% and 10%, respectively, in Q1, while non-fungible token and GameFi protocols regressed, DappRadar\u2019s data shows.<br \/>\nThe monthly average of DUAWs interacting on the AI and social protocols rose to 2.6 million and 2.8 million, while DeFi and GameFi protocols fell double-digits.\u00a0<br \/>\nDappRadar said there was \u201cexplosive growth\u201d in AI agent protocols, stating that they\u2019re \u201cno longer a concept.\u201d<br \/>\n\u201cThey\u2019re here, and they\u2019re shaping new user behaviors,\u201d said the firm.\u00a0<br \/>\nChange in DeFi total value locked between Jan. 2024 and March 2025. Source: DappRadarRelated: Avalanche stablecoins up 70% to $2.5B, AVAX demand lacks DeFi deployment<br \/>\nMeanwhile, NFT trading volume fell 25% to $1.5 billion, with OKX\u2019s NFT marketplace taking in the most sales at $606 million, while OpenSea and Blur saw $599 million and $565 million, respectively.<br \/>\nPudgy Penguins NFTs were the most sold collectibles at $177 million, while CryptoPunks NFTs netted $63.6 million from just 477 sales, DappRadar noted.<br \/>\n\u201cWhen analyzing top collections, CryptoPunks remains a staple \u2014 its prestige remains intact even as price fluctuations make it largely inaccessible for the average user.\u201d<br \/>\nMagazine: XRP win leaves Ripple a \u2018bad actor\u2019 with no crypto legal precedent set<a href=\"https:\/\/cointelegraph.com\/news\/defi-tvl-tumbles-59-billion-q1-ai-social-apps-grow-dappradar?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsEconomic uncertainty and a major crypto exchange hack pushed down the total value locked in decentralized finance (DeFi) protocols to $156 billion in the first quarter of 2025,&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/126430"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=126430"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/126430\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=126430"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=126430"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=126430"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}