Polygon and Hyperliquid Buck Trend as Major Chains See TVL Decline
**Market Divergence in DeFi**
Among the top 10 blockchains by Total Value Locked (TVL), only two showed growth over the past month:
- **Polygon**: +5.35%
- **Hyperliquid**: +4.27%
Meanwhile, major chains experienced significant declines:
- Ethereum: -26%
- Solana: -27%
- BSC: -19%
This divergence highlights shifting capital flows in the DeFi ecosystem, with Polygon potentially benefiting from its recent upgrade to native USDT, which connected it to over $3 billion in existing stablecoin liquidity.