DeFi TVL slides 39% year-to-date to $70 billion as of late June

DeFi protocols have lost roughly $45 billion in total value locked across all chains since January, as exploits and price declines weighed on the sector. CryptoRank data show DeFi TVL has fallen every month this year, sliding from about $115 billion to around $70 billion as of late June. The pullback has been broad-based, with only a small number of major chains posting gains.