DeFiLlama Data Shows Ethereum TVL Dominance Near Multi-Year Low

May 9, 2026 - 13:00
DeFiLlama Data Shows Ethereum TVL Dominance Near Multi-Year Low
Ethereum’s DeFi dominance dropped near multi-year lows as rival blockchains captured more market share in 2026. Ethereum’s share of the decentralized finance market has continued to shrink as rival blockchains gain ground across the crypto sector. Fresh data from DefiLlama shows competing networks steadily capturing a larger portion of DeFi activity. Even with the decline,...

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