【Analysis: DeFi Protocol TVL Drops 16% in the Past Week, but Not Due to 'Capital Flight'】According to Golden Finance, the total locked value (TVL) of DeFi protocols experienced significant fluctuations over the past week, dropping from $140.95 billion on December 17 to $117.76 billion on December 20, and then rebounding to $122.06 billion on December 26. Meanwhile, the market value of stablecoins has remained relatively stable, fluctuating little since December 1, hovering around $240 billion. The significant difference between TVL and the market value of stablecoins indicates that the decrease in TVL is primarily due to the depreciation of crypto asset prices, rather than a fundamental shift in user behavior or capital flight from DeFi protocols.