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Or affected by multiple project explosions, the total value locked (TVL) in lending protocols across the network has dropped nearly 12 billion US dollars.

On November 7, according to data from DefiLlama, the total value locked (TVL) in lending protocols across the network is currently reported at $68.342 billion, a decrease of $11.96 billion from $80.302 billion on November 3. During the same period, the total market capitalization of stablecoins also showed a significant decline: a decrease of 0.71% over the past week, with a market capitalization reduction of $2.17 billion.

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