| Mobile Web

Ethereum 2025 year-end: DeFi TVL $99 billion, 9 times No.2 layer-1

Ethereum delivered structural growth in 2025 across DeFi, scalability, institutional adoption and links to real-world assets, according to its official team’s year-end ecosystem report. DeFi total value locked reached $99 billion, more than nine times that of the second-ranked layer-1 blockchain. Annual stablecoin settlement hit $18.8 trillion. Rollup-based throughput reached 5,600 transactions per second and Layer 2 fees fell below $0.01. Institutional ETH holdings exceeded $35 billion and RWA issuance topped $12 billion.