ETH Dominance in DeFi Grows as Ethereum Share Reaches Record High
Ethereum's dominance in decentralized finance (DeFi) has strengthened over the past month. According to data shared by staking provider Everstake, citing DefiLlama, Ethereum now accounts for 54.39% of the total cryptocurrency TVL, up from 53% one month earlier.
This represents a 1.39 percentage-point increase, or billions of dollars flowing into ETH-based decentralized applications. TVL measures the value of digital assets deposited in smart contracts and is widely used to gauge activity across lending, decentralized exchanges, staking, and other DeFi protocols.
While Ethereum continues to dominate, other blockchain ecosystems maintain meaningful market shares, with Solana accounting for 6.49% of total TVL, followed by Tron and BNB Smart Chain at 6.30% each, Base at 6.03%, and Bitcoin at 5.61%.
The company Everstake stated that Ethereum's leadership reflects years of ecosystem expansion, protocol upgrades, and developer adoption.