According to CryptoSlate, Ethereum’s share of DeFi total value locked has declined from 63.5% at the start of 2025 to approximately 54% as of May 7, hovering near its lowest level in a year. Competing blockchains have carved out dominance in specific segments: Solana holds 6.66% of DeFi TVL, BNB Chain 6.60%, Bitcoin 6.35%, Tron 6.17%, Base 5.44%, and Hyperliquid 1.81%.
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