@dipedas
Base Ecosystem total value locked
Ecosystem total value locked measures the total value of all user deposits into all applications on Base. It reflects the aggregate scale of DeFi use within the application ecosystem on Base
Total value locked $12.3B
circle (TVL) - $4.5B
Morpho - $4.1B
SteakhouseFi - 895.7M
aave - $800.2M
Uniswap - $629M
AerodromeFi - $505.6M
sparkdotfi - $366.8M
MoonwellDeFi - $72.9M
KelpDAO - $70.3M
grovedotfinance - $68.8M
Within Base Ecosystem's total TVL, $5.4B (44.6%) is locked in Lending $4.5B (37.3%) in Stablecoins, $1.2B (9.7%) in DEX and in Risk curators locked 896m(7.4%)
Nearly half of TVL sits in the lending market Morpho and Aave alone hold $4.9B+
Stablecoins 40% share largely reflects Circle's USDC dominance on @base
This dominance of Lending and Stablecoins signals that productive capital is flowing into Base - not speculative