DeFi Breaks Records in 2025: Fees Soar, TVL Explodes

The decentralized finance (DeFi) industry experienced unprecedented growth in 2025. Record-breaking trading volumes on DEX platforms and booming lending fees point to a surging market confidence. Data shows a significant increase in both trading activity and liquidity, reaching over $177 billion in weekly DEX volume and $20 million in total lending fees. This remarkable growth has led to a surge in total value locked (TVL), growing from $2 billion to a staggering $50 billion by mid-October.