# Crypto Market Starts 2025 Strong as DeFi Shows Promising Growth
The cryptocurrency market has kicked off the new year on a positive note, and decentralized finance (DeFi) is no exception. Hyperliquid has particularly stood out with a 30.82% increase in total value locked (TVL).
# Hyperliquid Projects Explosive Growth: Weekly 30%, Monthly 239% Increase
According to DeFi Llama, as of January 3rd, the total value locked (TVL) in digital assets is $124.084 billion. Among various chains, Hyperliquid has exhibited remarkable growth. Hyperliquid’s TVL soared to $2.167 billion, marking the highest weekly increase in the DeFi protocols at 30.82%. On a monthly scale, it surged by 239%, solidifying its market dominance.
The Solana chain has also shown signs of recovery with increased trading activity. Solana’s TVL reached $9.132 billion, registering a weekly 6.9% rise. Decentralized exchanges (DEXs) like Raydium, Zeta, and Marinade have contributed to the uptick in Solana’s TVL.
# Ethereum Stumbles, Bitcoin Soars Monthly 87%
Ethereum remains the network with the highest TVL at $67.58 billion, despite a weekly decline of 3.81%. Meanwhile, Bitcoin posted a TVL of $6.7 billion, experiencing a modest weekly decrease of 0.09% but an impressive monthly surge of 87.35%.
Bitcoin’s ecosystem has strengthened with protocols like Lombard Finance and Babylon becoming more active. Lombard and Babylon saw inflows of $1.679 billion and $5.518 billion, respectively, achieving month-over-month growth rates of 36.6% and 148%.
Binance Smart Chain (BSC) and Arbitrum saw their TVLs decrease by 0.88% and 0.74% over the week. However, BSC maintained a TVL of $5.63 billion, and Arbitrum held steady at $3.064 billion, retaining their positions among the top chains.
# Lido Dominates, Solana Liquid Platforms on the Rise
In terms of protocols, Lido Finance holds the top spot in TVL, continuing to lead as it did throughout 2024. Lending protocol Aave follows with $21.2 billion in TVL, while re-staking protocol Eigen Layer ranks third with $15.2 billion.
Solana-based liquid staking platforms have also made significant strides. Zeta posted a TVL of $3.032 billion, reflecting an 11.38% increase, while Binance Stake Sol recorded a TVL of $1.36 billion, up by 12.01%.
Conversely, Uniswap maintained its lead among DEXs with a TVL of $6.114 billion, albeit with a relatively modest growth of 5.77%.
The strong start to the year suggests a promising outlook for both the crypto and DeFi markets as they continue to garner investor interest and demonstrate robust growth.
