The TVL of Ethereum on-chain applications has surpassed 300 billion USD

Leon Waidmann posted on the X platform that the total value locked (TVL) in Ethereum chain applications has surpassed $300 billion. These funds are actively engaged in on-chain applications such as DeFi, stablecoins, RWA, and staking, representing real economic activity.

Leon Waidmann pointed out that Ethereum leads other networks in liquidity depth, the composability of the developer ecosystem, the long-term track record predicted by institutions, and user and capital reserves, with network effects becoming apparent.