Data: The on-chain leverage ratio of DeFi has risen to about 38%, consistent with the levels of 2021
By: rootdata|2026/06/16 20:45:01
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Binance Research stated on platform X that the on-chain leverage ratio of DeFi has risen to about 38%, which is on par with the levels of 2021, primarily driven by a contraction in total value locked (TVL) rather than new lending demand. The DeFi attack incident in April resulted in an outflow of about $13 billion in TVL. Despite the overall market correction, substantial deleveraging has not yet occurred.
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