DeFi's total TVL has decreased by 42% in one year, while the deposit of USDC for the Morpho protocol has increased to $2.8 billion

According to Token Terminal data, the overall total locked value (TVL) of DeFi has decreased by about 42% over the past 365 days, while the USDC deposit size on the lending protocol Morpho has increased by about 86%, reaching approximately $2.8 billion.