📉 Decentralized finance (DeFi) is on the rise again, but not everything is rosy.

- The Token Terminal platform stated that DeFi is “waking up”, backing it up with charts and statistics.

- Active borrowings rose to $13.3 billion, but this is still far from the peak of $22.2 billion in 2021.

- Total value locked (TVL) also recovered to $96.5 billion, but still below the peak of $180 billion.

Be careful, the market remains volatile.