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This chart showing the Total Value Locked (TVL) across all blockchain networks. TVL represents the total capital deposited in DeFi protocols on each chain. Here’s what the chart conveys:
Ethereum dominates the TVL market with 53.15% of the total share, making it the leading blockchain for DeFi activity.
Other chains collectively hold 12.38%, indicating that many smaller blockchains contribute to the DeFi ecosystem.
Solana (7.65%), Bitcoin (6.04%), BSC (5.03%), and Tron (4.78%) are among the next biggest contributors.
@base has 2.96% of the total TVL, equating to $3.278 billion, as highlighted in the tooltip.
With $3.278 billion TVL, Base is gaining traction and is becoming a strong player in the DeFi ecosystem.
Even though its TVL is lower than Ethereum or Solana, Base has grown significantly, indicating adoption by DeFi users and protocols. 0 reply
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