The day after Binance was hacked DeFi TVL fell to 83950000000 USD, reaching August 21 a low since
BIBIBI
AT A GLANCE
The day after Binance was hacked,DeFi total value locked fell 5.30%to 83950000000 USD。
Article
Data: The day after Binance was hacked DeFi TVL fell 5.30%, reaching August a new low since late
PANews October 31 reported that DefiLlama posted on X that, on the day after Binance was hacked (October 30），DeFi total value locked (TVL) fell 5.30%to 83950000000 USD, the August 21 lowest level since. In addition, total stablecoin supply has fallen to 296600000000 USD, and has remained below October 24 since 300000000000 USD。
DefiLlama stated that October 30 DeFi total value locked fell 5.30%to 83950000000 USD。
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This TVL was the lowest level since August 21.
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Total stablecoin supply fell to 296600000000 USD, and has remained below October 24 since 300000000000 USD。
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PANews reported the above information on October 31.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
TVL It can be understood as the total value of assets locked in DeFi protocols. The material shows that October 30 DeFi the scale of locked assets declined, while stablecoin supply was also at a relatively low level.
Why it matters to readers
This indicates that the scale of on-chain capital contracted during the period described in the material,DeFi and market liquidity conditions warrant continued observation.
For beginners,TVL and stablecoin supply are commonly used indicators for assessing the scale of capital in the DeFi market, but they cannot independently indicate price trends or investment outcomes.
Risks and unknowns
The material does not provide an original DefiLlama data snapshot or independent cross-verification.
The material does not clearly demonstrate that the Binance hack directly caused TVL or the decline in stablecoin supply.
The material does not provide BNB price, capital-flow, or user-asset impact data.
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Related concepts
DeFi
A decentralized financial system that conducts activities such as lending and swapping through blockchain protocols.
