In the vast digital ocean of the metaverse, financial currents reveal intriguing patterns. The Total Value Locked (TVL) in DeFi platforms stands at $126.4 billion, still below the $200 billion peaks of previous cycles. However, stablecoin circulation has reached $193.3 billion, matching historical highs. (DeFi Llama)

This suggests that these stablecoins may soon seek harbors offering potential yields—namely, DeFi platforms. We might witness a surge in TVL, approaching the heights of 2022.

Ethena, Curve, Aave, are starting to gain more and more momentum 

Are we witnessing DeFi’s resurgence? The tides suggest yes. Platforms like Ethena are charting new routes in decentralized finance. The horizon looks promising.