CandleFocus Ethereum, Tron, and Solana Dominate the TVL Charts
2024-11-03
Author: Content Editor
The article discusses the Total Value Locked (TVL) of various blockchains in the DeFi space. Ethereum remains dominant with a TVL of $48.045B, controlling 54.98% of the market. Tron comes in second with a TVL of $6.888B, while Solana takes the third spot with $6.084B. Binance Smart Chain (BSC) and Optimism follow with TVLs of $4.548B and $2.5B respectively. Arbitrum, Bitcoin DeFi, Polygon, Avalanche, and Sui complete the top 10. The rankings show the current landscape of the DeFi market and highlight the potential future role of these blockchains.
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