Our data shows a tightening of liquidity and a dip in market confidence. DeFi TVL contracted sharply, the fear‑greed gauge moved deeper into fear, and funding rates remain positive, indicating that longs are still paying shorts on perpetual contracts.

DeFi TVL falls 8.8% to $77.6 B

The total value locked across all DeFi protocols is $77.6 billion as of November 12, 2026, down 8.8% over the past week. This is the steepest weekly decline we have recorded this year, though it does not set a new low since the start of the year. A falling TVL suggests that capital is moving out of DeFi and into other assets or cash.

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Fear & Greed Index at 28, lowest in a week

The Crypto Fear & Greed Index sits at 28, classified as “Fear”. Yesterday it was 29, a week ago it was 50 and a month ago 57, showing a steady slide toward the lower end of the scale. The index’s movement reflects growing risk aversion among traders, which aligns with the TVL contraction.

Fear & Greed Index, last 30 days 28
6825Oct 14Oct 29Nov 12Data: alternative.me.

Fear & Greed Index today

Stablecoin supply slides to $290.8 B