{"id":5350,"date":"2025-07-21T19:50:16","date_gmt":"2025-07-21T19:50:16","guid":{"rendered":"https:\/\/bitunikey.com\/news\/solanas-defi-tvl-hits-10b-highest-level-in-six-month-high\/"},"modified":"2025-07-21T19:50:22","modified_gmt":"2025-07-21T19:50:22","slug":"solanas-defi-tvl-hits-10b-highest-level-in-six-month-high","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/solanas-defi-tvl-hits-10b-highest-level-in-six-month-high\/","title":{"rendered":"Solana\u2019s DeFi TVL hits $10B, highest level in six-month high"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Solana\u2019s recovery coincided with a similar increase in its DeFi TVL, which reached the highest level in six months. <\/p>\n<p>The latest crypto bull run boosted both Solana\u2019s (SOL) price and DeFi ecosystem. On Monday, July 21, Solana\u2019s total market cap once again crossed $100 billion, with SOL trading at $194.62 per coin. With a market cap hovering below $105 billion, this is the highest level this metric has reached since Jan. 25 this year.<\/p>\n<figure class=\"wp-block-image size-full\"><picture decoding=\"async\" class=\"wp-image-14398535\"><source type=\"image\/webp\" ><\/source><\/p>\n<\/picture><figcaption class=\"wp-element-caption\">Solana\u2019s DeFi total value locked in USD | Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/chain\/solana\" target=\"_blank\">DeFiLama<\/a><\/figcaption><\/figure>\n<p>At the same time, the increase in Solana\u2019s price also contributed to the rising value of its total ecosystem. Solana\u2019s DeFi TVL has reached $10.453 billion, the highest this metric has been since January, when SOL hit an all-time high.<\/p>\n<p>The growth was also reflected in the increase in DEX activity, although these figures did not approach the January highs. Between July 14 and July 20, Solana DEXs processed <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/dexs\/chain\/solana\" target=\"_blank\">$22.58 billion<\/a> in volume, up from $18.5 billion on the week prior.<\/p>\n<figure class=\"wp-block-image size-full\"><picture loading=\"lazy\" decoding=\"async\" class=\"wp-image-14398537\"><source type=\"image\/webp\" ><\/source><br \/>\n<img loading=\"lazy\" decoding=\"async\" width=\"982\" height=\"299\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/07\/1753127416_881_Solanas-DeFi-TVL-hits-10B-highest-level-in-six-month-high.png\" alt=\"Solana's weekly DEX volume in USD\">\n<\/picture><figcaption class=\"wp-element-caption\">Solana\u2019s weekly DEX volume in USD | Source: DeFiLlama<\/figcaption><\/figure>\n<p>Leading among decentralized exchanges are Raydium, Orca, and Meteora, with weekly volumes of $8.4 billion, $5.9 billion, and $5.3 billion, respectively. Still, weekly DEX volume remains far from its peak in mid-January, where it reached $98.28 billion.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Why Solana\u2019s DeFi TVL rose<\/h2>\n<p>The most likely reason for Solana\u2019s DeFi TVL reaching a six-month high is the boost from the Solana token price. This is because SOL tokens account for a significant percentage of assets held across the network\u2019s DeFi protocols. <\/p>\n<p>Solana\u2019s DeFi TVL accounts for tokens, stablecoins, and memecoins deposited across various DeFi protocols within the Solana ecosystem. This includes tokens in smart contracts, lending pools, or vaults.<\/p>\n<p>Still, the DeFi TVL does not include Solana tokens that are staked with validators for securing the network. Currently, this figure amounts to 355.4 million SOL, valued at $69.44 billion, or about 66% of all tokens in circulation. DeFi TVL also doesn\u2019t include tokens held on centralized exchanges.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Solana\u2019s recovery coincided with a similar increase in its DeFi TVL, which reached the highest level in six months. The latest crypto bull run boosted both Solana\u2019s (SOL) price and&hellip;<\/p>\n","protected":false},"author":1,"featured_media":180,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5350","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/5350","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=5350"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/5350\/revisions"}],"predecessor-version":[{"id":5351,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/5350\/revisions\/5351"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/180"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=5350"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=5350"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=5350"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}