⏬DeFi Dominance Falls to 2021 Levels Amid Market Slowdown

DeFi’s market dominance has dropped to 3%, its lowest since early 2021, despite continued usage. TVL has declined to $90B, with lending down to $39B from $51B. DeFi tokens lag behind altcoins, as Bitcoin absorbs most liquidity, while ETH’s price drop weakens collateral value.