DeFi Total Value Locked (TVL) has declined 39% YTD to approximately $70B, driven largely by ETH and SOL prices falling 44% YTD. While most major chains saw outflows, TRON and Hyperliquid recorded TVL growth of 5% and 6.7%, respectively. The decline is further attributed to 121 hacks resulting in $942M in losses across platforms including Ethereum, BNB, Solana, Base, Bitcoin, Arbitrum, Polygon, and Plasma.