Share of all DeFi
52.9%rank #1 of 453
Ethereum holds 52.9% of all on-chain liquidity, the #1 deepest chain. Dominance is how much of the ocean sits here.
EthereumETH
$37.05Bliquidity depth-5.8% this week
depth over timepeak $107.45B
Depth
$37.05B
Protocols read
15+
Categories
7
Native token
ETH
This chain, measured
The Almanac's instruments, read for Ethereum alone.
Stablecoins here
$155.84Bsettlement cash on chain
$155.84B of stablecoins live on Ethereum, the spendable dollars settling here.
30-day tide
-12.7%draining
Ethereum's depth has moved -12.7% over the last month. Capital is leaving.
Cash vs depth
4.2×more cash than locked depth
Ethereum carries $155.84B of stablecoins against $37.05B of DeFi depth, a 4.2 to 1 ratio. A settlement-heavy chain holds more cash than it locks.
Top protocol grip
38%Lido dominates
Lido alone holds 38% of Ethereum's liquidity. The higher this is, the more the chain rides on one venue.
Deepest protocols on Ethereum
Where the liquidity on this chain actually sits, ranked by depth.
| Protocol | Category | Depth | 7d |
|---|---|---|---|
| Binance CEX | CEX | $132.83B | -3.8% |
| OKX | CEX | $21.26B | -2.5% |
| Bitfinex | CEX | $16.26B | -2.1% |
| Lido | Liquid Staking | $14.11B | -8.2% |
| Bybit | CEX | $13.29B | -4.4% |
| Aave V3 | Lending | $11.63B | -5.0% |
| Robinhood | CEX | $10.56B | -5.7% |
| SSV Network | Staking Pool | $7.66B | -39.1% |
| LayerZero V2 | Bridge | $7.40B | -2.6% |
| Morpho Blue | Lending | $6.53B | -4.9% |
| Binance staked ETH | Liquid Staking | $5.82B | -8.1% |
| Sky Lending | CDP | $5.58B | -2.7% |
| Bitget | CEX | $4.90B | +11.7% |
| MEXC | CEX | $4.66B | -2.4% |
| Ethena USDe | Basis Trading | $4.47B | -0.8% |