DeFi lending vault TVL reaches $10 billion, Financial Times reports
CIE News ·
Based on reporting by Financial Times; not yet independently confirmed.
Automated DeFi lending vaults reached $10 billion in total value locked on October 19, 2026, up from $4 billion in early 2025, amid growing regulatory scrutiny.
Total value locked in automated DeFi lending vaults surpassed $10 billion on October 19, 2026, up from $4 billion recorded in early 2025, according to the Financial Times. The vaults employ algorithm-governed curators to deploy stablecoins into non-custodial lending and staking strategies, generating yields between 3% and 10%, with risk-weighted tiers targeting returns over 20%. Regulators in the U.S. and Europe are reviewing whether curator discretionary controls qualify as investment intermediary and fund management activity.
Key facts
- $10B TVL reached
- $4B TVL in early 2025
- Yields between 3% and 10%
- U.S. and EU regulatory review