Ethereum ecosystem in 3D

The Ethereum blockchain as a space station: the four biggest apps of each type are satellites docked to it, sized by the money they hold. Read our full Ethereum review for the background.

Updated 31 Oct 2026 · Data: DefiLlama, CoinGecko

Ethereum network · station view29 protocols docked
DeFi TVL
$43.97B
ETH
$2,255.54
Stablecoins
$140.22B
Drag to rotate · scroll to zoom · click a satellite

The 3D view needs WebGL, which your browser doesn't support. The figures below still work.

DeFi deposits (TVL)$43.97B-10.6% in 7 days
ETH price$2,255.54+0.7% in 24 h
Market cap$275.58BCirculating ETH × price
Stablecoins on Ethereum$140.22BUSDT, USDC, USDe, USDS and others
DEX volume, 24 h$3.75B$15.82B in 7 days
App fees, 30 days$408.8M$85.1M kept as revenue

DeFi deposits over time

Peak: $107.46B in Nov 2021. Today: $43.97B.

Main protocols on Ethereum

The 92 apps with at least $100M on Ethereum. Deposits on Ethereum only; 7-day change shown for apps that run only on Ethereum.

#ProtocolTypeTVL on Ethereum7 days
1LidoLiquid Staking$21.86B—
2Aave V3Lending$12.68B—
3SSV NetworkStaking Pool$11.77B-2.9%
4Binance staked ETHLiquid Staking$8.17B—
5LayerZero V2Bridge$6.44B—
6EigenCloudRestaking$5.78B-3.3%
7Sky LendingStablecoins (CDP)$5.03B-9.6%
8Morpho BlueLending$4.98B—
9SparkLendLending$4.93B—
10Ethena USDeBasis Trading$4.50B-1.9%
11ether.fi StakeLiquid Staking$4.31B—
12Arbitrum BridgeCanonical Bridge$3.32B+2.7%
13USDT0Bridge$3.12B-2.4%
14Base BridgeCanonical Bridge$2.83B-0.0%
15Polygon BridgeCanonical Bridge$2.67B+1.5%

Where the money sits

DeFi deposits by type of app, for the apps above. These can add up to more than the headline TVL because some money is counted twice — for example, a staked token that is then deposited in a lending app.

  • Liquid Staking$38.18B
  • Lending$25.92B
  • Bridge$13.16B
  • Staking Pool$12.84B
  • Canonical Bridge$11.42B
  • Basis Trading$6.17B
  • Restaking$5.78B
  • Yield vaults$5.37B

Top exchanges by volume

Trading volume on Ethereum's DEXs in the last 24 hours.

  • Uniswap V4$855.6M
  • Uniswap V3$432.0M
  • Fluid DEX$288.5M
  • Curve DEX$146.2M
  • Aero Slipstream$126.9M
  • FermiSwap$84.3M
Not counted above: exchanges also hold tokens on Ethereum for their customers —Binance $62.10B, OKX $13.00B, Bybit $4.45B, Robinhood $3.05B, MEXC $2.49B. Together that's $96.68B.

How the pieces connect

A typical path money takes through Ethereum DeFi. Each step uses what the previous one produced.

  1. 1

    Stake

    Stake ETH and get a liquid token back that keeps earning staking rewards.

    Lido (stETH)ether.fiRocket PoolBinance ETH
  2. 2

    Restake

    Reuse staked ETH to secure other services for extra rewards (and extra risk).

    EigenCloudSymbioticKelp
  3. 3

    Borrow

    Deposit ETH or staked ETH as collateral and borrow stablecoins.

    AaveSparkMorphoSky
  4. 4

    Trade & earn

    Swap on DEXs, or earn on stablecoins through savings and yield markets.

    UniswapCurvePendleEthena

Underneath it all: stablecoins (USDT, USDC, USDe, USDS). About half of all stablecoin dollars live on Ethereum.

Beyond DeFi

Scaling

Layer 2s

Networks such as Base, Arbitrum and Optimism run transactions cheaply and settle them on Ethereum.

Wallet

MetaMask

The best-known Ethereum wallet, as a browser extension and mobile app.

Wallet

Safe

Multi-signature wallets used by companies, DAOs and funds to protect large holdings.

Names

ENS

Readable names such as alice.eth instead of long wallet addresses.

Oracle

Chainlink

Price feeds and data that lending and trading apps rely on.

Block building

Flashbots

Tools that shape how blocks are built and protect users from some front-running.

Tokenization

BUIDL

BlackRock's tokenized money-market fund, launched on Ethereum.

Banking

JPM Coin

JPMorgan's deposit token, brought to the public Ethereum network in 2026.

Best stablecoin yields

Pools with more than $10M deposited. Rewards are paid in tokens and can change daily.

ProtocolPoolAPYDeposits
Pendle V2APYUSD17.3%$17.8M
AxisSUSDX15.7%$53.2M
Pendle V2APYUSD15.4%$17.8M
EmberUSDC14.5%$17.9M
SaturnSUSDAT13.6%$37.5M
UpshiftXUPUSDC13.2%$15.2M
Apyx ProtocolAPXUSD13.1%$151.5M
JUSD FinanceJUSD12.2%$14.5M
AccountableUSDC12.1%$14.2M
Pendle V2REUSD12.1%$13.2M

Not financial advice. Higher yields usually mean higher risk.

The ETH token

No maximum supply. New ETH goes to stakers, and part of every fee is burned. All-time high $4,946.05 (Aug 2025).

Supply
122.2M ETH
Staked
About a third of all ETH
Staking yield
About 3% a year
Supply growth
Under 1% a year

When the network is very busy, more ETH is burned than created and the supply shrinks. Since fees fell in 2024, it has been growing slowly again.

Key moments

  1. Jul 2015Ethereum launches.
  2. Jun 2016The DAO is hacked; Ethereum hard-forks to return the funds, and Ethereum Classic splits off.
  3. Jun 2020"DeFi summer": lending and trading apps take off.
  4. Aug 2021Fee burning (EIP-1559) begins.
  5. Sep 2022The Merge: Ethereum switches to proof of stake and cuts energy use by over 99.9%.
  6. Mar 2024Dencun upgrade makes Layer 2 transactions much cheaper.
  7. Jul 2024First US spot ETH ETFs.
  8. May 2025Pectra upgrade: smarter wallets, larger validators.
  9. Aug 2025ETH reaches its all-time high of about $4,950.
  10. Dec 2025Fusaka upgrade (PeerDAS) raises Layer 2 capacity.
  11. Oct 2026Glamsterdam upgrade on test networks; no mainnet date yet.

Ethereum vs. Solana vs. BNB Chain

DeFi TVLStablecoinsDEX volume 24 hMarket capPrice
Ethereum$44.06B$140.22B$3.75B$275.58B$2,255.54
Solana$5.45B$15.11B$2.12B$56.69B$96.05
BNB Chain$5.24B$13.09B$1.11B$93.01B$707.31

This dashboard is for information only and is not financial advice. Figures from third-party sources may be delayed or revised.