Decentralised finance is rebounding, with total value locked rising to $85.032 billion on November 5, 2026, according to DeFiLlama data cited in this cycle. The recovery is not a broad, speculative bounce across every protocol. It is led by lending and liquid-staking giants, with Lido, Aave and Morpho at the front, and it follows a period when TVL had slipped back toward $82 billion. For users,...