DeFi's total value locked (TVL) edged lower over the past week, underscoring a market that remains resilient in activity but cautious in capital deployment as investors continue to favor liquid, battle-tested venues over higher-beta ecosystems. According to DefiLlama data dated Aug. 7, DeFi TVL stood at $75.12 billion as of Thursday UTC, down about 0.3% from $75.31 billion a week earlier.

-

Bitcoin, ether showed slight losses while Ripple-linked XRP fell 5.5% on the week, the worst of the majors, as the Senate left Washington without taking up the market structure bill.

+

XRP holders can now borrow RLUSD stablecoins on Ethereum.

-

Ripple's XRP is struggling to regain momentum, stuck in a tug-of-war around the $1.04 level as a mix of U.S. policy uncertainty and sustained 'ETF outflows' weighs on near-term sentiment. Despite a sharp jump in trading activity, price action remains fragile—underscoring concerns that selling pressure is still dominating flows.