Techub News reports, citing Wu Blockchain and CryptoSlate, that data from DeFiLlama shows Ethereum's market share in the total value locked (TVL) in DeFi has decreased from 63.5% at the beginning of 2025 to about 54% as of May 7, with its TVL currently around $45.4 billion. Although its dominance has weakened, Ethereum still remains the leader in the DeFi space based on this TVL size. This decline in share reflects the rapid growth of other Layer 1 and Layer 2 networks in the field, indicating a shift in the market competition landscape.

ETH0.73%
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