DeFi Statistics 2026: Total Value Locked, DEX Volume and Hack Losses in 2026

Decentralized finance, or DeFi, lets people lend, borrow, trade and earn interest through software instead of a bank. DefiLlama showed $93.9 billion locked in DeFi protocols on 21 September 2026. A day later the figure was $96.3 billion. That is 45.7% below the November 2021 peak of $177.5 billion. It equals about 3.3% of the $2.96 trillion crypto market. This article draws on DefiLlama, CertiK, TRM Labs, Chainalysis and several research firms. Each figure carries its date and source. Numbers in this field change daily, and sources often count different things.