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I took a look at the current DeFi data, and it's crazy to see how much it has developed. The total value locked now exceeds $90 billion, and Ethereum remains clearly the king with nearly 58.8% market share. It's pretty wild that blockchain is so dominant in the DeFi ecosystem.
What surprised me is the rise of Solana. The chain surpassed TRON last year and now controls 7.2% of the TVL, which is over $6.5 billion. After Ethereum, it has become the second-largest chain for liquidity locking. BNB follows with 6.1%, Bitcoin with 4.8%, and TRON holds steady at 4.4%.
What also interests me is the emergence of new networks. Base is making quite a bit of noise with 4.3%, and Plasma, launched recently at the end of 2025, has already attracted $2.23 billion in TVL. Arbitrum and Polygon remain present but with smaller shares. In the end, the DeFi space continues to fragment across multiple chains, but Ethereum really maintains its dominance.