Stablecoin supply falls 1.8% to $296.4 bn, lowest in weeks
Total stablecoin supply is $296.4 bn, down 1.8% in 7 days, while DeFi TVL sits at $84.9 bn.
Kirill Sagitovex-CEO, coytx.com · via COINMAG
Our data shows a modest contraction in liquidity across the crypto ecosystem. Stablecoin supply slipped, DeFi value locked eased, and funding rates on perpetual futures remain firmly positive, indicating a cautious risk appetite and continued leverage pressure.
Stablecoin supply drops 1.8% to $296.4 bn
The total supply of dollar‑, euro‑ and other stablecoins is $296.4 bn as of November 5 2026. That is a 1.8% decline (‑$5.4 bn) over the past week and a 4.2% drop over the last 30 days. The fall is unusual in our series and signals a short‑term tightening of on‑chain liquidity.
Kirill SagitovFormer CEO of coytx.com. At COINMAG he writes the daily data briefs: market sentiment, stablecoins, derivatives, DeFi and prediction markets, built on the numbers COINMAG tracks.
Follow
Discussion 0
Be the first to weigh inWhat does this mean for the market? Share your take and get the discussion going.
Total value locked across all DeFi protocols stands at $84.9 bn. The metric is down 1.2% compared with the previous week, marking a routine but noticeable easing of capital in decentralized finance.
The Crypto Fear & Greed Index is 50, classified as Neutral. It rose from 34 yesterday, slipped from 51 a week ago, and is well below the 73 level recorded a month ago, showing a balanced market mood.
Fear & Greed Index, last 30 days 50Data: alternative.me.
Bybit futures funding rates average +10.2% annualized
Across 40 perpetual markets on Bybit, the open‑interest‑weighted average funding rate is +10.2% annualized. Bitcoin and Ethereum both sit at +11.0%. Seven of the 40 markets have negative funding, with the most extreme rates ranging from XMR at +38% to TRX at –16%.
Most extreme funding rates, annualized
XMR38%
TRX−16%
AAVE11%
ADA11%
ARB11%
BCH11%
Bybit perpetuals with over $20M open interest. Computed by COINMAG.
Bitcoin’s share of the total crypto market value is 59.5% as of today. The overall market cap is $2.71 trillion, up 0.2% in the last 24 hours, keeping Bitcoin’s dominance steady.
Among DeFi apps with over $300 million in deposits, Obol’s staking pool grew 16.2% to $1.2 bn. Polymarket’s prediction market deposits fell 18.2% to $0.3 bn, while USDD’s lending deposits dropped 15.3% to $1.1 bn.
We will keep an eye on stablecoin supply trends, DeFi TVL movements, and funding rate shifts for the next update.
Data: DefiLlama, alternative.me, Bybit and CoinGecko, collected and computed by COINMAG. Charts may be reused with a link to this page. This is not financial advice.
Markets1 day ago
CrowdStrike unveils AI kill switch as Jim Cramer backs the stock
Discussion 0