The information on this page is market data and educational analysis, not financial advice. Past on-chain activity does not guarantee future results. Always do your own research.
The information on this page is market data and educational analysis, not financial advice. Past on-chain activity does not guarantee future results. Always do your own research.
Global on-chain liquidity, the biggest protocols, stablecoin supply and DEX volume — combined into one view. Sourced from DefiLlama (open data).
The information on this page is market data and educational analysis, not financial advice. Past on-chain activity does not guarantee future results. Always do your own research.
Current conditions across crypto trend, on-chain liquidity and macro — three independent sources, one read.
3 of 6 measured signals point toward risk-on (composite +0.60 on a -1 to +1 scale).
BTC moved +21.1% over the last 30 days.
Total DeFi TVL moved +18.4% over 30 days.
10y-2y Treasury spread at +0.32 pts (positively sloped).
Regime describes current observed conditions across market, on-chain and macro data — it is not a forecast and reverses without warning.
Total DeFi liquidity (TVL)
$87.2B
Data by DefiLlama (open data), refreshed hourly. Explore individual assets in Token Research . Educational information only — not financial advice.
Stablecoin supply (USD)
$313.1B
422 tracked · peg health →
DEX volume 24h
$10.4B
across all tracked DEXs
Chains tracked
450+
top 12 shown below
The monetary and rates context markets operate in. Source: FRED (Federal Reserve). YoY = change over the prior year — rates in basis points (bps), levels in %.
Fed balance sheet
$6.74T+2.1% YoY
Total assets held by the Federal Reserve — the base of dollar liquidity.
as of 2026-09-09
M2 money supply
$23.22T+5.4% YoY
Money in circulation and near-money deposits.
as of 2026-07-01
Fed funds rate
3.63%−70 bps YoY
The overnight policy rate set by the Federal Reserve.
as of 2026-09-11
US dollar index
118.21-1.5% YoY
Trade-weighted value of the dollar against major currencies.
as of 2026-09-11
Yield curve (10Y − 2Y)
0.32%−18 bps YoY
Spread between 10-year and 2-year Treasuries; negative = inverted.
as of 2026-09-14
VIX (equity volatility)
15.84+7.7% YoY
Expected 30-day S&P 500 volatility, as priced by options.
as of 2026-09-11
Total DeFi liquidity is down 1.2% over the past 7 days, at $87.2B — Binance CEX leads by TVL.
Computed from the on-chain data on this page — no AI model involved. Educational, not financial advice.