DeFi TVL reached a record $237 billion in the third quarter of 2025, but DApp wallet activity fell 22% as SocialFi and AI DApps lost momentum.
DeFi TVL hits record $237B as daily active wallets fall 22% in Q3: DappRadar

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- DeFi TVL hits record $237B as daily active wallets fall 22% in Q3: DappRadar
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