DeFi TVL Falls Below $90B as Morpho Gains While Lido and Aave Lose Liquidity

DeFi total value locked fell below $90 billion as investors shifted liquidity between major protocols. Morpho gained while Lido and Aave lost liquidity, reflecting another capital rotation in the sector. The decline marks a continued pullback from earlier highs as users reallocate assets across decentralized finance platforms.