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Stablecoins locked in DeFi rise $4.8B in 90 days, led by Morpho's $3B contribution.

Protocol Fundamentals
23 Oct 2026
Tokenpost
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Bullish
Stablecoins locked in DeFi rise $4.8B in 90 days, led by Morpho's $3B contribution.

The dollar value of stablecoins locked in decentralized finance (DeFi) protocols increased by $4.8 billion over the past 90 days, with Morpho accounting for $3 billion or 62.5% of this growth. Total value locked (TVL) measures assets held in DeFi contracts but does not directly indicate net deposits or withdrawals. Meanwhile, the total stablecoin supply grew by $2 billion in the third quarter to $311.6 billion, though this broader measure covers a different timeframe and is not directly comparable to the 90-day TVL increase. This growth highlights ongoing interest and activity in DeFi stablecoin usage.

The recent $4.8 billion rise in DeFi stablecoin total value locked (TVL) included $3 billion from Morpho, marking a significant share of growth. For readers following major cryptocurrencies on Pluang, as of Oct 24, 2026 05:21 WIB, 33 of 50 priced cryptocurrencies rose while 16 fell. Notable movers include BCH (Bitcoin Cash) with a price of Rp5.124.317 and a 1-day change of +3.87%, YFI (Yearn) at Rp39.776.295 with +2.84%, and COTI at Rp200 with +2.29%.

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