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#SKHynixTopsKOSPIByMarketCap
Liquid Staking TVL Falls to a Two-Year Low
Total TVL across liquid staking protocols declined to $33.4B in Q2 2026, down 56.1% from its ATH of $76B recorded in Q3 2025.
The decline has now continued for three consecutive quarters:
• Q4 2025 — $61.4B
• Q1 2026 — $45.2B
• Q2 2026 — $33.4B
The trend highlights continued weakness across the DeFi ecosystem.