Ethereum Dominance in DeFi Falls to 54%, Is ETH Losing Control of Biggest Market?
Ethereum Ethereum Dominance in DeFi Falls to 54%, Is ETH Losing Control of Biggest Market? The post Ethereum Dominance in DeFi Falls to 54%, Is ETH Losing Control of Biggest Market? appeared first on Coinpedia Fintech News Ethereum, the second-largest cryptocurrency by market cap, has seen its dominance in the DeFi market fall to around 54%, down from 63.5% earlier this year, as competing blockchains continue capturing a larger share of the crypto ecosystem. Now the big question is Ethereum losing its grip on DeFi dominance? While ETH price has recovered to nearly $2,314. Ethereum Dominance in DeFi Falls to 54% According to DeFiLlama data, Ethereum‘s share of total DeFi TVL dropped from 63.5% at the start of 2025 to roughly 54% this month, marking one of the network’s weakest dominance levels in years. DeFiLlama currently values Ethereums total value locked at approximately $45.4 billion, far ahead of most competing blockchains. However, other networks are rapidly absorbing market share by focusing on specialized use cases across the crypto ecosystem. Current DeFi TVL market share now stands at:Solana: 6.66%BNB: 6.60%Bitcoin ecosystem: 6.35%TRON: 6.17%Base: 5.44%Hyperliquid ecosystem: 1.81% This shift suggests DeFi is evolving from a single Ethereum-centered ecosystem into a multi-chain market where each blockchain focuses on specific sectors like stablecoins,