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Corn Dominates TVL Surge as DeFi Summer 2.0 Kicks Off

Corn Dominates TVL Surge as DeFi Summer 2.0 Kicks Off

Published:
2025-06-06 20:00:00
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Move over, Ethereum—Corn just bulldozed its way to the top of the TVL growth charts. The obscure protocol's 300% monthly surge leaves 'established' chains eating dust as liquidity floods back into crypto.

DeFi's quiet comeback

While Wall Street obsesses over spot ETFs, real yield hunters are quietly rebuilding DeFi's war chest. Corn's TVL explosion mirrors the sector's broader resurgence—even if half these protocols still smell like vaporware.

TVL isn't everything... until it is

Sure, total value locked remains crypto's most manipulated metric (looking at you, Tron). But when a no-name chain suddenly outpaces industry darlings, even the suits start paying attention.

Closing thought: Nothing brings out degenerate yield farmers like the scent of fresh liquidity mining rewards—and the inevitable rug pull that follows.

podium main16

The blockchain sector keeps showing dynamic shifts and new advancements as the platforms compete for development activity and investor interest. As per the data from Phoenix Group, the prominent blockchains in terms of 30-day total value locked (TVL) upsurge include Corn, Babylon, and EOS as of the 6th of June, 2025. Additionally, the other top names on the list take into account WorldlChain, NEO, Lisk, Stellar, Hyperliquid, Zircuit, Saga, and more.

TOP CHAINS BY MONTHLY TVL GROWTH#Corn #Babylon #EOS #WorldChain #NEO #Lisk #Stellar #Hyperliquid #Zircuit #Saga #Pulse #Abstract #ApeChain #Flare #Unichain pic.twitter.com/fAK5I4efAa

— PHOENIX – crypto News & Analytics (@pnxgrp) June 6, 2025

Corn, Babylon, and EOS Dominate Blockchains by 30-Day TVL Growth

In line with the market data, Corn has gained the top position when it comes to TVL growth. It has reportedly witnessed a staggering 604% surge over the past month to reach the $24.0M spot. Subsequently, Babylon is the top 2nd blockchain as it has seen a huge 356% rise, reaching the $14.7M in TVL. Apart from that, EOS has secured the 3rd place among the blockchains with a notable 167% increase, after which its TVL has touched the $1.6M mark.

After that, WorldChain has gained the 4th rank among the top blockchains by attaining the $41.6M figure in total value locked. In this respect, it has experienced a 99.8% spike. Closely following it, NEO effectively surged by 98.7% as its TVL now stands at $25.7M. Along with that, Lisk accounts for a $9.6M in its total value locked after a successful 93.0% increase. Similarly, Stellar’s TVL has risen by 81.9%, touching $86.7M in valuation.

Moving on, the 8th top blockchain based on monthly TVL growth is Hyperlilquid. Its 76.1% monthly growth has placed its TVL at $1.5B. Coming after that, Zirrcuit has gone through a 63.7% jump, raising its TVL to $8.8M. Analogously, Saga is the 10th top blockchain as its total value locked has hit the $11.6M mark after a 55.0% increase.

Unichain Bottoms List with 8.6% TVL Jump

Phoenix Group’s list ranks Pulse in the 11th top spot among blockchains as its TVL equals $237.9M as a result of 46.5% upsurge. In addition to this, Abstract and ApeChain’s 44.3% and 43.7% TVL jumps have pushed their TVLs to $26.6M and $11.1M respectively. Moreover, Flare stands at $180.1M with a 34.1% TVL hike. Furthermore, following a 8.6% monthly TVL rise, Unchain is the 15th top blockchain, accounting for $694.8M.

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