NEWSLETTER
Economic uncertainty and an important cryptographic exchange trick reduced the total value blocked in decentralized finance protocols (DEFI) to $ 156 billion in the first quarter of 2025, but the ai and social applications gained ground with an increase in network users, according to a cryptographic analytics firm.
“The broader economic uncertainty and the persistent replicas of the exploit of Bybit” were the main factors that contribute to the 27% drop in the quarter of the Defi sector in TVL, according To a April 3 report from Dappradar, which indicated that Ethher (eth) fell 45% to $ 1,820 during the same period.
Change in the total value of defi blocked between January 2024 and March 2025. Source: DAPPLADAR
The largest block chain in TVL, ethereum, fell 37% to $ 96 billion, while Sui was the hardest blow of the 10 main tvl blockchains, falling 44% to $ 2 billion.
Solana, Tron and the referee's blockchains also had their TVL for more than 30%.
Meanwhile, the block chains that experienced a greater volume of defi withdrawals and had a greater proportion of stable blocked in their protocols faced additional pressure at the top of the prices of the tokens that fall.
The newly launched Berachain was the only TVL 10 TVL blockchain that rose, accumulating $ 5.17 billion between February 6 and March 31, Dappradar said.
Market drop did not crush ai and the growth of social application users
However, the number of unique daily wallets (DUAW) that interact with ai protocols and social applications increased by 29% and 10%, respectively, in Q1, while the protocols of Token and Gamefi not fungible receded, show Dappranar data.
Duaws's monthly average interacting in ai and social protocols increased to 2.6 million and 2.8 million, while the protocols defi and gamefi fell two digits.
Dappradar said there was an “explosive growth” in ai agents protocols, stating that “they are no longer a concept.”
“They are here and are shaping the new user behaviors,” said the firm.
Change in the total value of defi blocked between January 2024 and March 2025. Source: DAPPLADAR
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Meanwhile, the nft negotiation volume fell 25% to $ 1.5 billion, with the OKX nft market in most sales at $ 606 million, while OpenSea and Blur saw $ 599 million and $ 565 million, respectively.
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“When analyzing the upper collections, Cryptopunks remains a basic element: its prestige remains intact even when price fluctuations do so largely inaccessible to the average user.”
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