Last month, DeFi TVL reached an all-time high; NFT trading volume also increased by 96%
Summary
- Last month, DeFi TVL reportedly reached a record high of $270 billion.
- During the same period, NFT trading volume rose by 96%, and the average trading price also doubled.
- Despite the rebound in active users and the market, the NFT market scale remains low compared to the 2021 boom.
Last month, the total value locked (TVL) in decentralized finance (DeFi) reached a record high of $270 billion. Non-fungible token (NFT) trading volume also surged by 96%.
According to Cointelegraph, a cryptocurrency-focused media outlet, and DappRadar, a DApp analytics provider, DeFi TVL in July increased by 30% from the previous month to $270 billion. A sharp increase in the number of active wallets related to tokenized stocks—from about 1,600 to over 90,000—significantly contributed, expanding the market capitalization by 220%.
During the same period, NFT trading volume grew by 96% to $530 million. The average transaction price also doubled to about $105, indicating a rise in user engagement. The number of active users on NFT DApps reached about 3.85 million, slightly surpassing the number of active DeFi users.
According to CryptoSlam, NFT sales in the first half of 2025 amounted to $2.82 billion, down 4.6% compared to the second half of last year.
The media stated, "The NFT market remained sluggish up to the first half of this year, but showed a rebound in July," adding, "However, compared to the boom in 2021, the current trading scale is still relatively low."
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.![[Exclusive] FSS to examine ZKsync coin that surged '1,000%' in three hours](https://media.bloomingbit.io/PROD/news/1da9856b-df8a-4ffc-83b8-587621c4af9f.webp?w=250)
