@Ethereum’s share of Total Value Locked (TVL) in DeFi has fallen to 50.88%, its lowest level in nearly three years.

The decline signals growing competition from chains like @Solana (SOL), Binance Smart Chain (BSC), $TRX (tron), and newer platforms including Base and @Berachain. These rising ecosystems are eating into $ETH’s once-dominant DeFi position.