Trump Era Fuels DeFi Growth, Asset Managers’ Onchain Capital Hits $4B

Decentralized finance (DeFi) is experiencing unprecedented growth as U.S. deregulation under the Trump administration accelerates institutional adoption. crypto asset managers have quadrupled their on-chain holdings since January, soaring from $1 billion to over $4 billion by mid-2025, according to a joint report by Artemis and Vaults.fyi.

Total value locked in leading DeFi lending protocols like Aave, Morpho, and Spark has surged past $50 billion, nearing $60 billion—a 60% year-on-year increase. This explosive growth is widely attributed to President Trump's pro-crypto agenda, which has dismantled regulatory barriers and instilled confidence in digital assets.

Key legislative victories include the April 2025 repeal of IRS reporting requirements for DeFi brokers and the bipartisan passage of the GENIUS Act, a landmark stablecoin bill. "America will be the undisputed leader in digital assets," TRUMP declared, demanding swift House approval after the Senate passed the measure 68-30.