Crypto

DeFi TVL by Chain

Quarter-end DeFi total value locked by blockchain ($B, stacked). Ethereum stays dominant; Solana and Base have grown fast.
Updated at 2026-05-31

Top DeFi Protocols by TVL

The 18 largest DeFi protocols ranked by total value locked (TVL), the dollar value of crypto assets deposited, colored by category.
Updated at May 2026

Ethereum Layer 2 Snapshot

Top Ethereum Layer 2 networks ranked by total value locked (TVL), with daily active addresses and daily transactions for context.

L2 networks

11

Combined TVL

$47.8B

Combined daily tx

13.40M

RankL2StackTVLDaily Active AddressesDaily Tx
1ArbitrumOptimistic Rollup (BoLD)$15.60B320K3.20M
11OtherVarious$15.00B500K2.50M
2BaseOptimistic Rollup (OP Stack)$12.20B1.90M2.20M
3OP MainnetOptimistic Rollup (OP Stack)$1.60B450K2.40M
4MantleHybrid (Validity SP1)$1.50B65K320K
5StarknetZK Rollup (Cairo)$600M55K280K
6LineaZK Rollup (zkEVM)$500M180K850K
7zkSync EraZK Rollup$300M85K480K
8BlastOptimistic Rollup (custom)$300M120K650K
9ScrollZK Rollup (zkEVM)$100M60K300K
10Polygon zkEVMZK Rollup (zkEVM)$100M45K220K
Updated at May 2026

Daily Transactions by Chain

Daily transactions by blockchain, quarterly averages (millions per day). Solana leads on count; Ethereum L1 has plateaued as activity migrates to L2s.
Updated at 2026-05-31

Solana Ecosystem Composite

Solana headline KPIs (SOL price, market cap, DEX volume, TVL, fees, active addresses) plus the top 10 apps by activity. Jupiter and Pump.fun drive most economic activity.

SOL price

$89

Market cap

$52.0B

Monthly DEX vol

$42.0B

TVL

$5.5B

Monthly fees

$15M

Daily active addr

1.1M

Top 10 Solana Apps by Activity

RankAppCategoryMonthly VolumeTVL
1JupiterDEX Aggregator + Perps + Launchpad$25.0B$2.0B
2RaydiumAMM$15.0B$1.0B
3KaminoLending + Yield Vaultsn/a$1.8B
4Pump.funMemecoin Launchpad$3.0Bn/a
5DriftPerps DEX$12.0B$0.7B
6JitoLiquid Staking + MEVn/a$0.9B
7MarinadeLiquid Stakingn/a$0.6B
8OrcaAMM$6.0B$0.3B
9MarginFiLendingn/a$0.3B
10Hyperliquid BridgeCross-chain Bridgen/a$0.5B
Updated at May 2026

Top Altcoins by Market Cap

The top 25 altcoins by market cap (excluding BTC, ETH, USDT, and USDC), with 30-day price change, as of May 2026.
RankTickerNameCategoryMarket Cap30d %
1XRPXRP / RippleL1$90B-8.0%
2BNBBNBL1$92B-3.0%
3SOLSolanaL1$52B-25.0%
4TRXTronL1$34B+2.0%
5DOGEDogecoinMemecoin$18B-12.0%
6HYPEHyperliquidInfra$11B-15.0%
7ADACardanoL1$10B-7.5%
8BCHBitcoin CashL1$10B-3.0%
9LINKChainlinkInfra$7.0B-10.0%
10TONThe Open NetworkL1$5.0B-15.0%
11SUISuiL1$5.0B-7.0%
12AVAXAvalancheL1$4.0B-12.0%
13LTCLitecoinL1$4.0B-5.5%
14HBARHederaL1$4.0B-4.0%
15SHIBShiba InuMemecoin$4.0B-10.0%
16DOTPolkadotL1$2.0B-9.0%
17NEARNEAR ProtocolL1$2.0B-8.5%
18PEPEPepeMemecoin$2.0B-18.0%
19ICPInternet ComputerL1$2.0B-10.0%
20ETCEthereum ClassicL1$1.5B-5.0%
21ATOMCosmos HubL1$1.0B-7.5%
22APTAptosL1$0.9B-11.0%
23WLDWorldcoinInfra$0.8B-15.0%
24ARBArbitrumL2$0.8B-20.0%
25TRUMPOfficial TrumpMemecoin$0.5B-22.0%
Updated at May 2026

Memecoin Sector Market Cap Over Time

Combined memecoin sector market cap over time, with four narrative peaks (Doge/Musk, Pepe, Pump.fun, TRUMP) marking a volatile but no-longer-fringe category.
Updated at 2026-05-31

RWA Tokenization

Tokenized real-world assets on-chain, May 2026. Tokenized US Treasuries is the fastest-growing category, led by BlackRock BUIDL ($5.5B); Ondo is the largest crypto-native issuer.
Total RWA TVL$33.7B

By Asset Class

Tokenized US Treasuries

$13.5B · 40.1%

Commodities

$9.3B · 27.6%

Private Credit

$2.5B · 7.4%

Private Equity / VC

$1.4B · 4.2%

Active Strategies

$1.2B · 3.6%

Equities (Tokenized Stocks)

$600M · 1.8%

Real Estate

$300M · 0.9%

Other (Bonds, Carbon, Art)

$4.9B · 14.5%

Top Issuers

RankIssuerProductAsset ClassTVL
1Hashnote (Cumberland)USYCUS Treasuries$3.0B
2Tether Gold (XAUT)XAUTCommodities$2.7B
3BlackRock BUIDL (via Securitize)BUIDL tokenized US Treasury MMFUS Treasuries$2.5B
8SecuritizeVarious (BUIDL distribution + REITs)Mixed$2.5B
4Ondo FinanceUSDY + OUSGUS Treasuries$2.2B
5Maple FinanceSyrup USDC + Maple DirectPrivate Credit$1.6B
6Franklin Templeton (BENJI/iBENJI)FOBXX on-chain sharesUS Treasuries$1.5B
7CentrifugeJTRSY + Tinlake poolsMixed$1.1B
Updated at May 2026

Top Protocols by Annualized Revenue

Top crypto protocols ranked by annualized revenue (last-30-day fee run-rate times 12). Tether and Hyperliquid lead.
Updated at May 2026

Ask Sterling

Register for a premium account to gain access to Sterling AI.

Get Started

Things you can ask Sterling:

Summarize Tesla's latest earnings reportWhy did NVIDIA's margins expand?Compare Apple vs Microsoft's cash flowWhat's driving the EV sector growth?
Crypto - Onchain | Sterling