Binance Research(@BinanceResearch):On-chain leverage ratio climbed to ~38%, matching 2021 levels, driven largely by TVL compression rather than renewed borrowing demand. April's DeFi exploits triggered ~US$13B in TVL outflows. Despite the broader market pullback, meaningful deleveraging has yet to materialize.

Binance Research

@BinanceResearch

Providing institutional-grade analysis, in-depth insights, and unbiased information to all participants in the digital asset industry.

加入 April 2018

70 正在關注 452.8K 粉絲

Binance Research@BinanceResearch

2026.06.16 00:02

On-chain leverage ratio climbed to ~38%, matching 2021 levels, driven largely by TVL compression rather than renewed borrowing demand. April's DeFi exploits triggered ~US$13B in TVL outflows. Despite the broader market pullback, meaningful deleveraging has yet to materialize.