The DeFi landscape has undergone changes in recent years, with Ethereum remaining the leader in nominal value locked, but its market share decreasing. Other chains such as BNB, Solana, Bitcoin-based DeFi, TRON, and minor chains have emerged and gained market share. Ethereum still holds a significant amount of value locked, primarily due to being used as collateral. Ethereum-based DeFi is expected to remain strong, especially if there is an ETH rally. The growth of Ethereum-based DeFi is also attributed to the influx of ERC-20 USDT tokens. Overall, the DeFi sector seems safe, and there are opportunities for high-paying Web3 jobs.



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