The aggregate total value locked (TVL) in DeFi has successfully reclaimed the ~$90 billion mark this week. This figure represents a robust stabilization of on-chain liquidity over the past quarter, driven by a combination of organic capital inflows and underlying asset price appreciation across major crypto assets. As we unpack the data from the last seven days, the story that emerges is one of continued Ethereum dominance, juxtaposed with explosive, incentive-driven growth across specific Layer 2 ecosystems.

This week, we examine the Real-World Asset (RWA) sector’s resilience, highlighted by a massive capital rotation into tokenized commodities. Amidst escalating U.S. tariff rhetoric and Middle East instability, tokenized gold protocols like Tether Gold (XAUt) and Paxos Gold (PAXG) have emerged as primary “risk-off” destinations. We analyze the $7.32B market cap milestone for tokenized commodities and equities, the 62.96% surge in monthly transfer volumes, and how these primitives are being utilized as pristine collateral in the DeFi stack.

This week, RWA momentum continued as two of the world’s largest traditional asset managers, BlackRock and Apollo Global Management, moved to deep infrastructure integration. By natively plugging tokenized assets into Uniswap’s liquidity rails and Morpho’s lending markets, these giants are signaling that the era of "testing" is over. We are now witnessing a structural paradigm shift where Wall Street is not just tokenizing assets, but actively utilizing decentralized protocols to trade and lend them.

While markets have stabilized after last week’s Feb 5 volatility event, this week’s focus shifts from price to structure. RWAs continue to gain traction, and tokenized equities are moving closer to real DeFi utility as distribution expands and new on-chain markets come online. Borrow rates also continue to compress, reinforcing the broader shift into a lower-rate regime across DeFi.

This week requires little introduction. The market activity over the last seven days, specifically the events of February 5, 2026, will likely be studied in financial textbooks for years to come. We have witnessed a volatility event of historic proportions, shaking out leverage and testing the convictions of the institutional class that has entered the space over the last two years.

This week, the crypto markets entered a period of steady consolidation as decreasing on-chain fees for both Bitcoin and Ethereum suggest that current price stability is being driven by institutional flows rather than retail speculation. The spotlight has shifted to Kraken’s launch of DeFi Earn. By integrating its new Ink Layer 2 blockchain with institutional-grade risk managers, Kraken is bridging the gap between centralized convenience and on-chain transparency, signaling a strategic pivot toward becoming a regulated curation layer for decentralized finance. Let’s dive into the data.

In this week's newsletter, we break down Strategy's recent Bitcoin purchase and analyze risks involved with yield-bearing assets.

This week marks a definitive pivot point for the digital asset industry. After years of "regulation by enforcement" and endless Proof-of-Concepts (PoCs), we have effectively moved into the deployment phase.

Welcome to the first 2026 issue of our weekly DeFi report. This week, we analyze the structural shift in the Real-World Asset (RWA) sector as we enter what is being hailed as the "Year of Tokenized Equities."

Institutional adoption often moves slowly, then all at once. This week, we witnessed the latter. In a span of six days, JPMorgan — the world’s largest bank by market cap — executed two landmark transactions on public blockchains, effectively ending the “private chain only” era for Wall Street. Simultaneously, the hunger for regulated crypto exposure remains voracious, with XRP ETFs shattering inflow records despite a lackluster price environment.

Bitcoin fees fell while Ethereum fees and activity rose. BTC saw heavy exchange outflows, ETH strong inflows. BlackRock launched a staked ETH ETF, boosting yield options. The Fed cut rates again, but markets expect a pause in January, tempering short-term momentum.

In this week's newsletter, we dive into the renewed ETF flows and the Ethereum Fusaka upgrade

The last week has been an important one for crypto infrastructure and regulation in 2025. Monad's Mainnet launch on November 24 has moved parallel EVM execution from whitepaper to reality, challenging the Solana dominance thesis. Simultaneously, the prediction market sector has shed its "gray market" status, with Robinhood and Polymarket both securing the regulatory moats needed to onboard the massive US retail capital base. High-performance tech has arrived, and the regulatory floodgates keep opening.

This week, we analyze the largest DeFi TVL contraction since 2023, driven by a rare convergence of institutional outflows through ETFs, BTC sustained weakness below $100,000, and a DeFi protocol-level contagion event centered on Elixir and Stream Finance stablecoins. The data reveals a market undergoing risk-off positioning across all major venues, while the these stablecoin collapses expose hidden structural fragilities in synthetic stablecoin architectures and risk curation models.

It was a volatile week for DeFi: multiple high-risk events hit in quick succession, and a risk-off macro tone compounded the damage, sending crypto lower. Let’s dig in.

In this week's newsletter, we explore Hong Kong's approval of the first Solana ETF and Aave's onboarding of Maple's institutional yield assets

This week we dive into the two key events shaping the DeFi landscape: the October 10 “Black Friday” market crash, which triggered over $19 billion in liquidations (the biggest liquidation event in crypto history) and exposed vulnerabilities in centralized trading infrastructure, and Hyperliquid’s HIP-3 launch, a permissionless upgrade enabling builders to deploy custom perpetuals markets with potential to expand on-chain derivatives volumes by 10–20x.

Welcome to your weekly Sentora crypto newsletter. As Plasma’s mainnet celebrates its first full week, the DeFi landscape is witnessing a seismic shift. The Layer 1 blockchain has surged past a staggering $5.6B in TVL, fueled by outstading stablecoin yields, zero-fee USDT mechanics and strong institutional backing. The outflows of stablecoins from other DeFi focussed blockchains has been notable. This issue reviews the chain’s foundational metrics before spotlighting protocol-specific evolutions as well as offering investors a lens on its current yield opportunities.

This week, we are excited to feature an issue from our partners at the Crypto Treasury Tracker. Their weekly snapshot provides an expert analysis of the evolving world of corporate and institutional digital asset treasuries.

In this week's newsletter we explore the latest ETF flows, the SEC's (lack of) decision on Ethereum staking for ETFs and recent RWA developments

In this week's newsletter, we analyze ETH ETF performance and shifting institutional interest, Aave horizon and the Uniswap DAO vote to adopt Wyoming's DUNA framework