
DeFi TVL rose 1.5% to $95.49B, a gain ether's own price supplied, while a governance attack drained Astroport and Drop on Neutron and Bitget lost $387.5M.
| Metric | Verified reading | Strategic significance |
|---|---|---|
| Aggregate DeFi TVL | $94.087B to $95.488B; +$1.400B / +1.4881% 1 | Ether's 1.92% weekly gain covers nearly all of it; in ether terms the book shrank 0.43%. |
| Largest dollar gainer | LayerZero V2: +$375.4M; $7.644B to $8.020B 5 | Bridge escrows across 91 deployments grew while the largest lending and staking books slipped. |
| Largest dollar loser | Aave V3: -$584.6M; $18.678B to $18.093B 5 | On the daily series the fall is $144.3M, concentrated on Ethereum; cause unresolved. |
| Largest security incident | Neutron governance attack: $9.3M across Astroport and Drop 6 | One proposal took admin rights over eleven contracts and forced a 24.5-hour Cosmos Hub halt. 3 |
| Largest off-protocol incident | Bitget: $387.5M from hot and warm wallets on 24 September 4 | A centralized exchange, outside the protocol screens below, but the year's biggest loss. |
| Binding governance outcome | Lido rejects its expense and buyback restructuring 7 | 29,354,889 voted Against versus 1,255 For; the buyback overhaul is off. |
| Highest displayed APY | Aerodrome Slipstream CTR-USDC: 61,474.32% at $558,726 TVL 8 | Reward emissions supply 61,471.50% of it; base swap fees supply 2.82%. |
| Metric | 21 September | 27 September | Change |
|---|---|---|---|
| Total DeFi TVL | $94.087B | $95.488B | +1.49% 1 |
| Ether price | $2,644.73 | $2,695.60 | +1.92% 2 |
| Bitcoin price | $81,169 | $84,417 | +4.00% 9 |
| DeFi TVL measured in ether | 35.575M ETH | 35.423M ETH | -0.43% 1 |
| Chain | Current TVL | Share of tracked total | 7-day change |
|---|---|---|---|
| Ethereum | $53.429B | 56.178% 10 | +0.34% 11 |
| Solana | $6.551B | 6.888% 10 | +6.75% 12 |
| Base | $6.222B | 6.542% 10 | +5.80% 13 |
| BSC | $5.789B | 6.087% 10 | +0.88% 14 |
| Tron | $5.614B | 5.903% 10 | +0.51% 15 |
| Arbitrum | $1.440B | 1.514% 10 | +0.84% 16 |
| Hyperliquid L1 | $1.230B | 1.293% 10 | -6.92% 17 |
| Monad | $1.010B | 1.062% 10 | -2.18% 18 |
change_7d measures the latest snapshot against the same clock time seven days earlier, while the aggregate figures above come from daily snapshots. For protocols whose intraday value moved sharply during the window the two bases disagree, and where the disagreement changes the direction of a move both readings appear below.| Protocol | TVL before | Current TVL | 7-day change | Dollar move | What the feed shows |
|---|---|---|---|---|---|
| LayerZero V2 | $7.644B | $8.020B | +4.91% | +$375.4M | The Ethereum lockbox rose from $7.005B to $7.348B, the Base deployment rose 35% and the Binance one more than doubled, both from small bases. 21 |
| Circle Bitcoin | $77.4M | $373.0M | +382.01% | +$295.6M | A steady five-day ramp in BTC escrowed for cirBTC, Circle's wrapped bitcoin. 22 |
| USDT0 | $3.293B | $3.506B | +6.47% | +$213.1M | Tether's interoperability layer rose every day of the window, from $3.268B to $3.480B, with a steady daily advance. 23 |
| Obol | $632.7M | $770.2M | +21.73% | +$137.5M | Distributed-validator staking stepped from $687M to $731M on 25 September. 24 |
| Sky Lending | $5.687B | $5.787B | +1.75% | +$99.5M | The CDP book expanded through the window on a single chain. 5 |
| Portal | $1.776B | $1.862B | +4.85% | +$86.1M | Cross-chain escrow balances widened across 24 deployments. 5 |
| Sentora Curator | $2.678B | $2.764B | +3.21% | +$86.0M | Curated vault deposits rose on four chains. 5 |
| Uniswap V2 | $966.6M | $1.049B | +8.56% | +$82.8M | Pool liquidity on the older AMM contract expanded. 5 |
| Protocol | TVL before | Current TVL | 7-day change | Dollar move | What the feed shows |
|---|---|---|---|---|---|
| Aave V3 | $18.678B | $18.093B | -3.13% | -$584.6M | On the daily series the drop is $144.3M: Ethereum supply $15.442B to $15.337B, borrows $10.258B to $10.219B. Cause unresolved. 25 |
| Steakhouse Financial | $3.107B | $2.596B | -16.46% | -$511.5M | A one-day step on 25 September on two chains at once: Base $1.561B to $1.176B, Ethereum $931M to $763M. Cause unresolved. 26 |
| Coinbase Bridge | $8.601B | $8.269B | -3.87% | -$332.9M | The Bitcoin leg peaked at $8.494B on 22 September and eased to $8.164B by 27 September; against the daily endpoints the bridge still gained $170.1M. 27 |
| Lido | $26.707B | $26.382B | -1.22% | -$324.9M | The Ethereum book peaked at $27.122B on 22 September and closed at $26.472B on 27 September, above its 21 September level. 28 |
| SSV Network | $14.236B | $14.045B | -1.35% | -$191.8M | The Ethereum validator book drifted down while ether rose 1.92%, a contraction in ether terms. 29 |
| Binance staked ETH | $10.181B | $10.009B | -1.69% | -$172.2M | Liquid staking balances fell in a week when ether rose. 5 |
| WBTC | $9.874B | $9.717B | -1.59% | -$157.4M | Wrapped bitcoin shed balances while BTC itself gained 4.00%. 5 |
| Liquid Collective | $873.0M | $733.4M | -15.99% | -$139.6M | Ethereum-only supply fell 16% in a week. Cause unresolved. 30 |
| Protocol | Chain | Loss amount | Attack vector | Remediation status |
|---|---|---|---|---|
| Astroport | Neutron | $4,900,000 6 | Malicious governance proposal 6 | Neutron relaunched with restored contract admins and a recovery multisig; user returns pending. 3 |
| Drop | Neutron | $4,400,000 6 | Malicious governance proposal, same incident as Astroport 6 | Recoverable ATOM held in a validator multisig pending a Hub vote. 3 |
| Payy Network | Ethereum | $1,828,589 6 | Bridge logic flaw in the rollup function 6 | Network and wallet paused; root-cause report pending external audit. 35 |
| DoinGud | Polygon | $35,486 6 | Swap logic flaw 6 | Undisclosed. 6 |
| The Internet Token | Base | $16,380 6 | Arbitrary external call under an access-control failure 6 | Undisclosed. 6 |
| Meter | Meter, BSC, Ethereum | Not disclosed 6 | Undetermined protocol logic 6 | Undisclosed. 6 |
verifyRollup — the function Payy uses to post batches of network activity — and both submitted by the address Payy normally uses for those posts: 1,828,589 USDC first, leaving about $95,000 in the contract, then 90,202 USDC about five hours later, leaving about $700. 35 The first batch was swapped through UniswapX for roughly 683 ETH within about eight minutes, and by 5:39 UTC nearly all of it sat in three wallets. 35 Payy's own initial review rules out a compromised key, social engineering and an off-chain infrastructure exploit, and the company is having that finding checked by an audit firm before publishing it. Deposits, withdrawals, transfers and card payments remain paused. 36 The funds taken were users' non-custodial deposits, and Payy has yet to say whether they will be repaid. 35| Protocol (space) | Proposal | Outcome | For / Against | Quorum | What it changes |
|---|---|---|---|---|---|
Uniswap (uniswapgovernance.eth) | Protocol Fee Expansion: Arc | Passed | 20,221,055 / 0 38 | 10,000,000, met | Extends protocol fee collection to the Arc deployment. |
| Uniswap | Rotate Sentinel Addresses on the DUNI-Owned Uniswap Earn Vaults | Passed | 18,218,613 / 0 39 | 10,000,000, met | Changes which addresses can act as sentinels on the DAO-owned Earn vaults. |
Lido (lido-snapshot.eth) | Comprehensive Expense Optimization and NEST/stETH Buyback Parameter Restructuring | Rejected | 1,255 / 29,354,889 7 | Not exposed | Would have cut Lido Labs headcount by 50%, lowered the buyback trigger from $40M to $30M of annualised protocol revenue, and sent 100% of revenue above that line into LDO buybacks. 40 |
Reserve (reserveprotocol.eth) | RSR Burn Gauge Setting — September 2026 | Passed, "High burn" | 1,001,768,022 of 1,161,203,626 across five options 41 | 1,000,000,000, met | Sets the burn gauge to its highest setting for the month. |
World Liberty Financial (worldlibertyfinancial.com) | Launch $WLFI Governance Engagement Incentive Program | Passed | 1,736,203,854 / 193,873,568, with 183,822,702 abstaining 42 | 1,000,000,000, met | Creates a program paying for governance participation; 2,306 addresses voted. |
Aave (aavedao.eth) | Three ARFCs: ETH and BTC collateral efficiency; Aave V4 on Base; isolated-flag handling in V3.7 E-Modes | Passed | 357,216 to 357,217 / 0 each 43 | Not exposed | Temperature checks that set parameters and the deployment path for the next Aave releases. 44 |
CoW DAO (cow.eth) | CIP-88: Quote Competition Redesign | Passed | 36,687,625 / 0 45 | 35,000,000, met | Redesigns how the solver competition prices quotes. |
SSV Network (mainnet.ssvnetwork.eth) | DIP-51: DAO Delegation Revision #1 | Passed | 497,125 / 0 46 | 303,829.28, met | Introduces auto-delegation and related delegation changes. |
aavedao.eth space and Lido's Snapshot space return 0 for the field, recorded here as an unpublished threshold rather than a cleared one. 37| Pool | Chain | TVL | Total APY | Base APY | Reward APY | 7-day base | 30-day mean | Risk profile |
|---|---|---|---|---|---|---|---|---|
| Aerodrome Slipstream CTR-USDC | Base | $558,726 | 61,474.32% | 2.82% | 61,471.50% | 5.49% | 59,171.45% | Emissions supply 99.995% of the headline, and the 30-day mean sits just below today's print. 8 |
| Aerodrome Slipstream USDC-PROS | Base | $930,829 | 61,248.82% | 10.31% | 61,238.50% | 6.26% | 92,855.68% | The 30-day mean is 1.5 times today's rate, so the print is fading. 8 |
| Aerodrome Slipstream USDC-VELVET | Base | $1,027,795 | 26,110.13% | 0.81% | 26,109.31% | 1.49% | 69,301.44% | Base fees cover 0.003% of the rate and the 30-day mean is 2.7 times it. 8 |
| Aerodrome Slipstream AVNT-USDC | Base | $725,536 | 12,789.92% | 1.56% | 12,788.37% | 1.25% | 10,236.75% | Swap fees are effectively absent; the rate is the reward token. 8 |
| Aerodrome Slipstream USDC-METAC | Base | $1,418,834 | 6,955.65% | 359.94% | 6,595.71% | 271.86% | 570.42% | $27.9M of daily volume on a $1.4M book; here the fee component is real, and the 30-day mean is a twelfth of today's total. 8 |
| Aerodrome Slipstream USDC-TSLAC | Base | $848,182 | 6,540.47% | 154.43% | 6,386.04% | 42.45% | 727.38% | Fee income on $7.17M of daily volume, with emissions still at 97.6% of the total. 8 |
| Aerodrome Slipstream USDC-SPCXC | Base | $1,017,448 | 5,846.59% | 160.23% | 5,686.36% | 42.99% | 881.84% | The same shape as the other tokenized-equity pairs, on $8.99M of daily volume. 8 |
| Aerodrome Slipstream USDC-SNDKC | Base | $1,026,552 | 4,719.39% | 104.90% | 4,614.48% | 61.48% | 2,308.71% | Base fee income is the steadiest of the tokenized-equity set. 8 |
| Aerodrome Slipstream USDC-NVDAC | Base | $1,970,453 | 3,452.19% | 162.02% | 3,290.18% | 54.77% | 401.32% | $17.5M of daily volume against a $2.0M book. 8 |
api.llama.fi
api.coingecko.com
forum.cosmos.network
fortune.com
api.llama.fi
api.llama.fi
snapshot.box
yields.llama.fi
api.coingecko.com
api.llama.fi
api.llama.fi
api.llama.fi
api.llama.fi
api.llama.fi
api.llama.fi
api.llama.fi
api.llama.fi
api.llama.fi
api.coingecko.com
api.coingecko.com
api.llama.fi
api.llama.fi
api.llama.fi
api.llama.fi
api.llama.fi
api.llama.fi
api.llama.fi
api.llama.fi
api.llama.fi
api.llama.fi
api.llama.fi
bitcoinfoundation.org
unchainedcrypto.com
hub.snapshot.org
snapshot.box
research.lido.fi
snapshot.box
snapshot.box
snapshot.box
snapshot.box
snapshot.box
This story was produced automatically by a channel. One sentence is all it takes for Neodrop to keep producing for you.