Global TVL is pushing ~$500B • Tether dominates with $173.8B, holding a massive ~$100B lead over the next player. • Circle (USDC) follows at $71.5B, growing +12.5% in 30d. • Aave holds $65.8B, +17.2%, still the leading lending protocol. • Lido Finance secures $37.4B in staked ETH, +14.4%. • Sky (DAI) rounds out the top 5 with $14.9B. Stablecoin issuers control the top spots, cementing their role as the backbone of DeFi liquidity.

Global TVL is pushing ~$500B

• Tether dominates with $173.8B, holding a massive ~$100B lead over the next player.

• Circle (USDC) follows at $71.5B, growing +12.5% in 30d.

• Aave holds $65.8B, +17.2%, still the leading lending protocol.

• Lido Finance secures $37.4B in staked ETH, +14.4%.

• Sky (DAI) rounds out the top 5 with $14.9B.

Stablecoin issuers control the top spots, cementing their role as the backbone of DeFi liquidity.

— Cryptopolitan (@CPOfficialtx) Sep 6, 2025