CandleFocus

Ethereum Gains $4.81B in TVL, Outpacing Base ($302M) and Hyperliquid ($290M)

In the past week, Ethereum has experienced a significant increase in Total Value Locked (TVL) in decentralized finance (DeFi), with a growth of $4.81 billion. This surge in TVL solidifies Ethereum's position as the leading platform in DeFi and reinforces its dominance over competitors. Base and Hyperliquid also saw notable increases in TVL, with $302.02 million and $290.21 million respectively. Other blockchains, such as PulseChain, Aptos, Binance Smart Chain, Arbitrum, Avalanche, and Polygon, witnessed smaller increases in TVL. However, some chains, including Sui, Bitcoin, Solana, CORE, Tron, and Optimism, experienced declines in TVL. These shifts in TVL highlight Ethereum's longevity and competitiveness, while also indicating a diversification in the market as users explore different chains for their unique features and scaling solutions.

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