Ethereum apps hold $330B in user deposits, maintaining L1 dominance

Ethereum is still far from its goal of becoming a ‘one trillion chain’, but it remains the L1 network with the most significant share of the crypto ￰1￱ on recent data, Ethereum apps hold over $330B in user deposits. Ethereum’s apps signal significant on-chain activity, as they become the L1 with the largest share of user ￰2￱ on Token Terminal data, Ethereum carries $330B in user deposits, following a rush to DeFi ￰3￱ Terminal has included Tether as the leading app in terms of value locked, but also ranked other DeFi and general ￰4￱ apps on @ethereum by TVL: ￰0￱ ￰5￱ — Token Terminal 📊 (@tokenterminal) September 7, 2025 Ethereum still has a $250B lead on TRON, and remains unsurpassed by other L1 or ￰6￱ main reason is that the network is well-connected to multiple centralized and decentralized ￰7￱ allows all users and traders to be confident in the available liquidity and plan more ambitious DeFi ￰8￱ regained its primacy, after a brief period where Solana was the leader for on-chain economic activity, based on app fees. |