New data reported today by Defillama mentioned best-performing block chains in the Defi sector assessed by the prominent of their TVL.
Top 10 chains of Defi TVL
According to the data, Ethereum is still the leader in the Defi landscape. In other words, Ethereum is the largest blockchain in the Defi world as the largest TVL (total value locked). It currently has no less than $ 61.38 billion in TVL, despite a small decrease of 0.91% noted in the past week.
Solana takes second place. It has experienced a slight decrease of 0.05% in the last seven days, making its accumulative TVL -TV -TVL currently $ 8.38 billion.
Although Bitcoin is not traditionally associated with Defi tools, the blockchain has secured third position. The TVL currently floats at $ 6.37 billion, an increase of 4.76% during the period.
BSC (Binance Smart Chain) followed with a TVL of $ 5.94 billion, a slight increase of 0.32% during the period.
Fifth on this list is Tron. The Defi -Blockchain registered a small fall of 1.82%, so his aggregated TVL was currently placed at $ 4.81 billion.
Other remarkable block chains that are recognized for Outstanding TVL are base, arbitrum, sui, hyperliquid and avalanche.
Base’s TVL is currently setting at $ 3.77 billion, an increase of 2.23%. Arbitrum’s TVL is $ 2.42 billion, while Sui floats at $ 1,785 billion. Hyperliquid, which followed with $ 1,782 billion, is recognized for registering the highest growth of 12.56% won a week. Finally, Avalanche closed the list of $ 1.46 billion TVL.
Defi diversify further than Ethereum
According to the data, Ethereum continues to retain dominance in the decentralized financing sector. Despite the rise of various alternative chains in the dynamic sector, the data indicates that the chain continues to be locked in the total value, and emphasizes that its prominent ecosystem impact, developer community and security system are still considerably preferred by users.
However, the enormous total value locked on networks, including Solana, BSC, and especially Bitcoin, means that decentralized financial activity is more diversified after Ethereum. This shows the growing interoperability of multiple chains and an increased demand for alternative blockchain functions such as faster processing speed and lower gas costs.
The data also indicates an interesting development. The rise of niche players such as hyperliquid gains a grip. Regardless of his small TVL, the rise of hyperliquid shows on this list that the possibilities of specialized networks or new chains attract the Defi world.
Finally, the presence of varied chains in this top 10 list suggests a healthy competitive environment that promotes innovation in scalability solutions, new investment vehicles and user experiences in different ecosystems.