Top 10 Chains with Highest TVL This Week, Ethereum Leads

This week, the total value locked (TVL) in the top 10 blockchain chains has been revealed, with Ethereum leading the pack. According to data from DefiLlama, Ethereum holds the top spot with a significant $61.14 billion locked in its ecosystem. This substantial lead showcases Ethereum’s dominant position in the DeFi space.

While Ethereum takes the lead, Tron comes in second with a TVL of $8.20 billion. Although the numbers suggest Ethereum’s superiority over Tron, Tron’s metrics demonstrate strong user interaction and usage of its DeFi services. Binance Smart Chain (BSC) occupies the third place with a TVL of $5 billion, solidifying its position as a preferred platform for dApps and services.

The top five chains are completed by Solana and Arbitrum. Solana, known for its high transaction speed, boasts a TVL of $4.152 billion, while Arbitrum, an Ethereum layer-2 scaling solution, holds $2.874 billion. These two chains highlight the expansion and diversification of the DeFi market and its products.

Blast and Base also enter the top ten with TVLs of $1.971 billion and $1.59 billion, respectively. This indicates a growing trend in blockchain platforms.

In the last two spots, Merlin and Bitcoin have TVLs of $1.182 billion and $1.068 billion, respectively. Polygon rounds out the top ten with $867.41 million, maintaining its presence among the leading DeFi platforms.