A number that almost nobody publishes, but that I measured today (01/10 08:15 BRT) using DefiLlama: the concentration of TVL (Total Value Locked) in $ETH is US$ 53.38 billion.

This represents 56.21% of the total of the entire DeFi ecosystem. In other words, more than half of the money locked in decentralized protocols is on Ethereum.

This isn’t a price news item; it’s an adoption metric. It shows that, despite other networks existing, Ethereum is still the center of money in DeFi.

It’s a dry fact, but an important one for understanding where the flow is. Did you know that more than half of TVL is in ETH?