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2026-05-09 18:45:41

Ethereum’s DeFi TVL Dominance Drops to 53%, Approaching Multi-Year Low

Ethereum’s share of total decentralized finance ( DeFi) liquidity has fallen to its lowest level in years, as rival blockchains chip away at a dominance that once exceeded 63%. Rival Chains Close the Gap In absolute terms, Ethereum still commands the largest DeFi stack on any single chain, with approximately $45.50 billion in TVL. But

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