TVL Ethereum
DeFi
The total US-dollar value of assets deposited in DeFi protocols deployed on the Ethereum chain.
Why it matters
To measure how much DeFi capital Ethereum hosts relative to other chains.
How it is built
Summing the USD value locked in every tracked protocol on Ethereum, aggregated daily.
What to watch
A rising share indicates capital and liquidity rotating toward Ethereum, which usually precedes deeper markets and more activity on that chain.