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DeFi

UK-Based DeFi Protocols See £2.4bn TVL Rebound in Q2

British developers credit clearer guidance and a wave of native sterling stablecoins for the renewed momentum.

James Okonkwo·8 May 2026·5 min read
UK-Based DeFi Protocols See £2.4bn TVL Rebound in Q2

London — British developers credit clearer guidance and a wave of native sterling stablecoins for the renewed momentum. The story has been developing rapidly across UK trading desks this week, with analysts noting a clear shift in sentiment among institutional allocators.

Industry insiders speaking to Daily Crypto News UK said the moves reflect a maturing British market, where regulatory clarity has finally caught up with retail demand. Several London-based funds have re-entered positions they previously trimmed.

What it means for UK investors

For everyday British investors, the developments raise practical questions about tax treatment, custody and access. The FCA has repeatedly stressed that consumers should treat crypto as a high-risk asset class.

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