Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

Ethereum's Dominance in DeFi Borrowing Unfazed Amid Market Upswing

Guavy AI Editorial Team
Instruments
BTC ETH BNB
Share

The crypto market has seen significant activity in recent days, with Bitcoin trading at $64.5K and Ethereum at $1.8K. The overall market capitalization has reached $2.275 trillion.

Ethereum maintains its dominance in on-chain DeFi borrowing, accounting for about 67 percent of activity, according to Alan Rogers' report. This is a notable trend, as ETF flows on August 6 show positive inflows for BTC and ETH.

Earlier this month, Rogers reported that altcoins made up over 60% of Binance trading volume, with Bitcoin and Ethereum accounting for 22% and 18%, respectively.

More on Crypto

Crypto 1m ago

AlphaPepe Thrives as CLARITY Act Passage Odds Plummet to 13% Before Recess

Crypto 1m ago

Tether CEO Emphasizes Importance of Scarce Assets Amid Uncertainty

Crypto 1m ago

Warren Rejects Current Version of CLARITY Act Over Public Safeguards Concerns

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy