The TVL market share of #Ethereum has dropped to 54% but still leads the market
🟢 According to data from DeFiLlama reported by CryptoSlate, the Total Value Locked (TVL) market share of #Ethereum in DeFi has decreased from 63.5% at the beginning of 2025 to around 54% as of May 7th
🟢 The current dominance level of #Ethereum is nearing its lowest point since May 2025, indicating fierce competition from other blockchains
🟢 Despite the drop in market share, $ETH remains the largest DeFi blockchain in the market with a total TVL of approximately 45.4 billion USD
🟢 The allocation of TVL across various ecosystems reflects the trend of diversifying cash flows in the current DeFi market
🟢 #Ethereum still plays a central role in DeFi thanks to its large application ecosystem, strong liquidity, and high security
🟢 According to data from DeFiLlama reported by CryptoSlate, the Total Value Locked (TVL) market share of #Ethereum in DeFi has decreased from 63.5% at the beginning of 2025 to around 54% as of May 7th
🟢 The current dominance level of #Ethereum is nearing its lowest point since May 2025, indicating fierce competition from other blockchains
🟢 Despite the drop in market share, $ETH remains the largest DeFi blockchain in the market with a total TVL of approximately 45.4 billion USD
🟢 The allocation of TVL across various ecosystems reflects the trend of diversifying cash flows in the current DeFi market
🟢 #Ethereum still plays a central role in DeFi thanks to its large application ecosystem, strong liquidity, and high security