The “ETH killers” narrative keeps circulating… but the liquidity map says otherwise.
Ethereum still holds ~56.6% of all DeFi TVL, with every other chain fighting over the remaining half. The ecosystem keeps fragmenting, but capital keeps settling back to the same gravity well.
In DeFi, liquidity compounds. And Ethereum is still where the deepest pool sits.
ETH
2,338.78
+0.62%