DeFi Market Situation On Ethereum
The DeFi market on Ethereum continues to grow strongly. The total value locked (TVL) in DeFi protocols on Ethereum currently reaches over 70 billion USD. Leading protocols such as Uniswap, Aave, and Compound still account for the majority of this TVL. Daily transaction value and number of active users are increasing, although high transaction costs sometimes make it difficult. The growth of Layer 2 and Ethereum 2.0 platforms promises to solve this problem, making DeFi on Ethereum more attractive.