Economic uncertainty and a major crypto exchange hack lowered the total value locked in decentralized financing protocols (DEFI) to $ 156 billion in the first quarter of 2025, but AI and social applications have gained ground with an increase in network users, according to an crypto analysis company.
“The broader economic uncertainty and the persistent replicas of the exploit of statements” were the main contributing factors to the fall of 27% of the quarter of the DEFI sector on TVL, according to a report of April 3 of Dappradar, which noted that Ether (ETH) had dropped by 45% to $ 1.820 over the same period.
Modification of the total value defined between January 2024 and March 2025. Source: Dappradar
The largest TVL blockchain, Ethereum, dropped 37% to $ 96 billion, while SUP was the most difficult blow of the 10 best Blockchains per TVL, falling from 44% to $ 2 billion.
Solana, Tron and the channels of arbitrum channels also caused their TVLS out of 30%.
Meanwhile, the block chains that have experienced a larger volume of DEFI withdrawals and have experienced a smaller share of stablescoins locked in their protocols faced additional pressure in addition to the prices of downward tokens.
The new Berachain launched was the only TOP 10 of the TVL blockchain to increase, accumulating $ 5.17 billion between February 6 and March 31, noted Dappradar.
The fall in the market does not have the growth of users of AI and social application
However, the number of unique daily active portfolios (DUAW) interacting with AI protocols and social applications increased by 29% and 10%, in the first quarter respectively, while non -fascinable tokens and settlement protocols, according to DAPPRADAR data.
The monthly average of the duaws interacting on the AI and social protocols reached 2.6 million and 2.8 million, while the protocols DEFI and Gamefi fell with two figures.
Dappradar said there was “explosive growth” in AI agent protocols, saying that they are “no longer a concept”.
“They are there and they shape new user behavior,” said the company.
Modification of the total value defined between January 2024 and March 2025. Source: Dappradar
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Meanwhile, NFT’s volume of exchanges dropped by 25% to $ 1.5 billion, with the NFT market of OKX by taking the most sales at 606 million dollars, while Opensea and Blur experienced $ 599 million and $ 565 million, respectively.
The nft of grouped penguins were the most sold collectibles at $ 177 million, while the cryptopunks NFT allowed $ 63.6 million, against only 477 sales, noted Dappradar.
“During the analysis of the upper collections, cryptopunks remain a staple – its prestige remains intact even if price fluctuations make it largely inaccessible for the average user.”
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