Want to understand the true position of Ethereum in crypto finance? Just look at a set of industry data to see clearly.



How hot is the crypto lending market right now? According to analysis from relevant institutions, every dollar of revenue generated in this sector is worth a close look — the results show that out of every $10 in lending income, nearly $9 directly come from the Ethereum mainnet or its Layer 2 networks.

What does this mean? Lending protocols, yield aggregators, staking services… these major players in the DeFi ecosystem are primarily operating on Ethereum and its L2 solutions. The maturity of Layer 2 solutions like Arbitrum, Optimism, and Base has further expanded options for lending businesses.

From this perspective, Ethereum is not only the largest smart contract platform but has also established an absolute network effect in practical financial applications. The higher the concentration of lending income, the more it indicates that users, funds, and liquidity are gathering here — this Matthew effect is especially evident in Web3.
ETH0.53%
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MevHuntervip
· 12-19 05:14
90% of lending income comes from ETH, indicating that other public chains really have no competitive edge...
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WagmiWarriorvip
· 12-16 09:02
90% of the income comes from the ETH ecosystem. That's the reality. Do I need to say more?
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gas_fee_therapistvip
· 12-16 08:59
90% of lending income comes from the ETH ecosystem... In other words, other chains are just along for the ride.
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FloorPriceWatchervip
· 12-16 08:55
90% of lending income is on Ethereum, what does that indicate? It means other public chains are just running alongside, and L2 is the real traffic gateway.
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wagmi_eventuallyvip
· 12-16 08:54
90% of the revenue comes from Ethereum? That's a bit unbelievable, it seems like other chains are getting crushed.
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ConsensusDissentervip
· 12-16 08:47
90% of the revenue is taken by Ethereum. This Matthew effect is really unparalleled, but on the other hand, that's also why other L1s are still struggling.
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