We needed this purge.
Debt is down, not just prices.
Blue-chip DeFi leverage dropped 15% in 90 days.
Liquidations and repayments cleared the risky buildup from October resulting in a safer market.
Less debt means less fuel for rallies, so growth may be slower, but the risk of a major crash is much lower.

🔥HUGE: $SEI DEX Volume tripled over night while the price remains steady.

🔥JUST IN: $SEI saw net inflows in the past 24 hours and across the last 3 months.

🚨 HUGE: $ONDO flipped Blackrock in Tokenized Market Cap.
Source: @artemis

🚨UPDATE: $ARB and $STRK saw $43M and $42M in net inflows in the past 24hours.

🩸 BLOODY MONDAY
204k traders got rekt in the past 24 hours.
87% of them in longs saw $536M wiped out 5 hours ago.
Why did we dump?
A new month, a hawkish Fed, whale selling, ETF outflows, and a leverage cascade.
Pick one.

🔥LATEST: $SEI flipped $NEAR in DEX Volume.
Source: @artemis

We're not safe yet.
DeFi TVL nuked from 149B to 113B, but the liquidation spike on Nov 4 told the real story with 67.8B in derivatives volume blown out in a single day.
The panic sellers folded. The system cleaned itself.
The bad debt is gone, the leverage is gone, and the reset is done.
We can breathe now, but that doesn't mean we're safe.
Not until we have market certainty.

Where is VC money going?
$51.6 MILLION flowed into DeFi funding.
Largest Chunk: A $30.0M Series C (erasure) went to late-stage infrastructure.
The Signal: VCs are not funding early retail hype.
They are prioritizing established infrastructure.

🔥 TODAY: $ONDO Volume saw $2.7B in November.

🚨NOW: $SEI has seen over 83M distinct addresses since May 2024.

🔥 NOW: $SEI DEX volume hit $11.41M today across 72 protocols.

🚨 LATEST: $AVAX DEX volume is up 116% in the past 12 months.

🚨 TODAY: $AVAX saw 941K Active Addresses in November.

🔥 NEW: $SEI is making new moves every month.

🚨 UPDATE: $3.3B in stablecoins flowed into the market in the past 5 days.

🔥 LATEST: $ONDO is the only TVL to reach new highs.

🔥 HUGE: $SUI saw $1.8B in stablecoin inflows in the past 24 hours.