DEFI EVOLUTION: A Three-Year Transformation (2022 vs. 2025) 🤯
Remember Nov 2022? DeFi was reeling. A lot has changed:
2022 Top 10 TVL (Post-Terra): $ETH, BNB, Tron, AVAX, Polygon, Arbitrum...
2025 Top 10 TVL Now: $ETH, Solana, BNB, Bitcoin, Base, Plasma, Tron, Arbitrum, Hyperliquid, AVAX.
The BIG Surprises:
$SOL's incredible comeback (from $8 to nearly $300).
Bitcoin DeFi emerging as a major force.
Base launching and becoming a top-tier chain.
Hyperliquid seizing the perp DEX market.
The Growth: Total DeFi TVL jumped from $71B to $204B, and the entire crypto market cap went from $1.1T to $3.79T—all while we're supposedly in a "dip"

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