Posted 3/10/2024, 8:22:57 PM
DeFi Rebounds to $100B as Ethereum Leads Market Revival
- DeFi sector hits $100B total value locked (TVL) for the first time since May 2022, reflecting growing confidence
- Ethereum leads with 59% DeFi market share and $56.3B TVL; Solana ecosystem also expanding
- Lido is largest protocol with $39B TVL and 39% market share, approaching 10M staked ETH
- EigenLayer is fast-growing Ethereum protocol enabling "restaking" to boost network security
- EigenLayer TVL surged 5x over past month from $2B to $11B, presenting challenge to Lido's dominance
