Kamino is the **largest lending protocol on Solana** and the **#1 RWA lending platform across all blockchains**, surpassing Aave and Morpho in RWA deposit volume. The protocol runs two products: **Kamino Lend** (~$1.64B TVL, $1.09B borrowed, 66% utilization) — a peer-to-pool money market across five specialized markets — and **Kamino Liquidity** (~$181M TVL) — an automated CLMM vault manager for concentrated positions on Orca and Raydium.

Institutional curators including **Steakhouse, Re7 Capital, MEV Capital, and Allez Labs** manage the Earn Vault Layer, offering structured yield strategies backed by RWA collateral (syrupUSDC, HUMA PST, xStocks tokenized equities, cbBTC). Kamino has grown to become the 2nd-largest protocol on Solana by TVL and a cornerstone of Solana's institutional DeFi infrastructure. TVL dipped 14% over 30 days amid market conditions but recovered +8% in the last 7 days — watch this rebound.

Kamino Finance — Solana's #1 Money Market

Kamino Lend's **66% borrow utilization** (borrowed $1.09B / supplied $1.64B) is well above the DeFi lending average, driven by leveraged SOL-LST loop strategies and persistent stablecoin demand. The **Main Market** holds the bulk of liquidity ($2.1B+ in supply), with **JLP** and **Jito** specialty markets serving yield-focused borrowers. Kamino Liquidity manages CLMM vault positions, auto-compounding LP fees across Orca and Raydium pools.

Supply & Borrow

TVL — Lend vs Liquidity

At current run-rate, Kamino Lend generates **$54M+ in annualized fees** and **$8.4M in annualized revenue** — a ~15% revenue margin capturing the borrower-lender interest spread plus origination and liquidation fees. Revenue is up +4.4% MoM. Fees compound across three sources: borrow interest (primary), swap volume on K-Liquidity, and liquidation premiums. Kamino Liquidity adds ~$184K/month in additional fees from LP management.

Fees & Revenue

Kamino Lend's collateral base spans Solana-native LSTs (jitoSOL, mSOL, bSOL), stablecoins (USDC, USDT), wrapped Bitcoin (cbBTC), and a rapidly expanding RWA sleeve. Kamino became the first major DeFi money market to accept **tokenized stocks** (NVDAx, AAPLx via xStocks) as collateral. By March 2026, **RWA deposits crossed $1.2B** — the largest RWA lending book on any chain, ahead of Aave and Morpho.

Asset Composition & Market Breakdown

Kamino's quarterly P&L shows peak earnings in Q3–Q4 2024 (~$30M/quarter in gross fees) followed by a gradual step-down in early 2025. The protocol is currently tracking ~$14M in Q1 2026 gross revenue — with the V2 Vault Layer and RWA markets as the key levers for recovery growth.

Income Statement

$KMNO trades at ~$0.021 with a **$90M market cap** and **$206M FDV**, implying just **0.11x FDV/TVL** against $1.82B in protocol assets — a significant discount to peers. At $8.4M annualized revenue, the protocol P/S sits at ~**10.7x on market cap**. Season 4 incentives are distributing up to **100M $KMNO** over 3 months to lenders and Earn Vault depositors, incentivizing sticky TVL through direct token rewards rather than a points program.

$KMNO — Token & Emissions

KMNO

Kamino commands the majority of Solana's lending TVL but faces intensifying competition. **Jupiter Lend** launched in August 2025 and reached $1.65B TVL within months — offering up to 95% LTV and 0.1% liquidation penalties. In December 2025, Kamino blocked Jupiter position refinancing, signaling active rivalry. Despite this, Kamino's **institutional Vault Layer, RWA integrations, and established oracle infrastructure** remain durable moats. The Solana lending vertical reached $3.6B+ in TVL in late 2025 — growing 33% YoY.

Competitive Landscape — Solana Lending

Solana Lending — TVL Comparison

Solana Lending — Weekly Fees

Active supply and borrow rates across Kamino's markets and Earn Vaults. Earn Vaults managed by institutional curators have consistently outperformed direct supply rates by 2–5% APY via optimized CLMM position management. Stablecoin yields spiked to 10–15% during high-demand periods in late 2024, with more moderate rates now in the 4–8% range.

Lending Pools & Yield Rates (Solana)

The lending sector is navigating a post-bull correction. After hitting an all-time high near $55B TVL in February 2026, deposits have pulled back sharply — down ~36% from the October 2025 peak of ~$125B. Aave V3 remains the undisputed leader at $23.9B TVL. Morpho is the standout growth story (+27% MoM TVL). Fees across the board have declined ~45–50% over the past month, tracking the broader market cooldown rather than protocol-specific issues.

DeFi Lending Market — State of Play (Q1 2026)

Lending TVL — Top Protocols

Lending TVL Market Share

Fees across lending protocols have dropped sharply over the past 30 days — Aave down ~46%, Morpho down ~50%, SparkLend down ~30%. This is consistent with the broader market narrative: crypto prices peaked in late 2025, leveraged positions unwound, and borrowing demand compressed. Notably, **Aave still dominates fee generation** with $46M in 30-day fees, nearly 4.3× more than Morpho ($10.7M) despite Morpho's rapid TVL growth. The critical divergence to watch: Morpho's TVL is up +27% MoM while its fees dropped 50%, suggesting its growth is being driven by low-rate deposits rather than high-yield borrowing.

Fee Revenue: A 45% MoM Decline Across the Board

Lending Fees by Protocol

Lending Revenue by Protocol

Aave commands ~50%+ of the lending market and absorbed 61% of the entire sector's deposit drawdown since October 2025 ($27.6B of the $45.4B total decline). This concentration cuts both ways: it reflects Aave's dominance as the primary venue for leveraged crypto strategies, but also means it is highly sensitive to broader crypto price movements. **Aave V4** (hub-and-spoke architecture, ERC-4626 share accounting) was targeted for Q1 2026 launch — an upgrade designed to consolidate cross-chain liquidity and improve institutional compatibility. The P/S ratio of ~21x suggests the market is pricing in sustained revenue recovery.

Aave V3 — The Undisputed Market Leader

**Morpho** is the most compelling growth narrative in lending right now — $7B TVL (up +27% MoM, +266% YoY), backed by institutional players including Societe Generale and Bitwise institutional vaults. Its modular architecture allows permissionless market creation, attracting capital that wants Aave-like safety with better yield optimization. **Maple Finance** ($2.5B, +28% MoM) is carving out the undercollateralized/institutional credit niche with a P/F ratio of only 2.6x — arguably the most capital-efficient protocol in the sector. **Watch:** Morpho V2 and fixed-term lending products are expected to further differentiate its institutional offering. The GENIUS Act and MiCA regulatory frameworks will be key catalysts for on-chain credit growth through 2026.

Morpho & Challengers — The Institutional Growth Story

TVL: Aave V3 vs Morpho vs Maple

Fees: Aave V3 vs Morpho vs Maple

Complete rankings across all tracked lending protocols — sortable by TVL, fees, revenue, and growth metrics. Use the preset switcher to explore fee, revenue, and growth views.

Full Lending Protocol Rankings

# Hyperliquid Ecosystem Overview
This dashboard provides a comprehensive analysis of the Hyperliquid ecosystem, covering fundamental metrics, competitive positioning, on-chain activity, and HYPE token economics. The default time period for all charts is one year.

## 1. Hyperliquid Fundamental Metrics
This section focuses on the core performance indicators of the Hyperliquid L1 chain and its constituent protocols.

Hyperliquid L1: Core Daily Metrics

Hyperliquid L1: Weekly Perps Volume

Hyperliquid L1: Weekly Stablecoin Inflows

Hyperliquid TVL Breakdown (HLP vs. Spot Orderbook)

Top Lending Protocols on Hyperliquid L1 by Monthly Fees

## 2. Competitor Analysis
This section benchmarks Hyperliquid L1's performance against the broader market and key competitors like Ethereum and Solana.

Perps Volume Market Share Across All Chains (Monthly)

Monthly Perps Volume: Hyperliquid L1 vs. Ethereum vs. Solana

Monthly App Revenue: Hyperliquid L1 vs. Ethereum vs. Solana

## 3. Hyperliquid L1 Ecosystem
This section provides a detailed look into the protocols operating directly on the Hyperliquid L1 chain, highlighting their key metrics and contributions.

Top 10 Protocols on Hyperliquid L1 by Monthly DEX Volume

Top 10 Protocols on Hyperliquid L1 by Monthly Fees

Top 10 Protocols on Hyperliquid L1 by Monthly Revenue

Top 10 Protocols on Hyperliquid L1 by TVL

## 4. HYPE Token Economics
This section delves into the economic aspects of the HYPE token, including its usage and the revenue generated by the Hyperliquid Spot Orderbook protocol.

Hyperliquid Spot Orderbook: Monthly Revenue

Hyperliquid L1 Chain: Market Cap

# Solana Ecosystem Overview
This dashboard provides a comprehensive analysis of the Solana blockchain, including its core metrics, a comparison with major competitors like Ethereum and Hyperliquid, and a deep dive into its top-performing protocols.

## Solana: Core Ecosystem Metrics
These charts illustrate the fundamental health and activity of the Solana network, including its Total Value Locked (TVL), trading volume, and fee generation.

## Solana vs. Competitors: Ethereum & Hyperliquid
This section provides a direct comparison of Solana's performance against two key competitors: the established Ethereum ecosystem and the high-throughput Hyperliquid L1.

Chain TVL Comparison (Weekly)

Chain Volume Comparison (Weekly)

Chain Fees Comparison (Weekly)

Chain Revenue Comparison (Weekly)

## Top Protocols on Solana
This section highlights the leading protocols within the Solana ecosystem, ranked by key metrics such as TVL, fees, and revenue, providing insight into the most dominant applications.

Top 5 Solana Protocols by TVL (Weekly)

Top 5 Solana Protocols by Fees (Weekly)

Top 5 Solana Protocols by Revenue (Weekly)

## Solana Protocols Overview
This table provides a comprehensive list of all protocols currently tracked on the Solana blockchain, offering a detailed view of the entire ecosystem.

**Note on Trending Contracts:** The 'trending-contracts' dataset is currently available for Ethereum, Arbitrum, Polygon, Optimism, and Base. Data for Solana is not yet available in this specific dataset.

# Hyperliquid Ecosystem Overview
This dashboard provides a comprehensive analysis of the Hyperliquid L1 chain, its core protocols, competitive landscape, and token economics over the past year.

## 1. Hyperliquid Fundamental Metrics
Key performance indicators for the Hyperliquid L1 chain and its primary protocols.

Hyperliquid TVL Breakdown: HLP vs. Spot Orderbook

## 2. Competitor Analysis
Comparing Hyperliquid's performance against major chains and competitors in the derivatives market.

## 3. Hyperliquid L1 Ecosystem
An in-depth look at the protocols operating within the Hyperliquid L1 environment.

## 4. HYPE Token Economics
Analysis of the HYPE token's usage and the Hyperliquid chain's market capitalization.

# Ethereum vs. Solana: Ecosystem Deep Dive
This dashboard provides a comprehensive comparison of the Ethereum and Solana blockchain ecosystems, focusing on key metrics, top protocol performance, and market dynamics. All time-series data is aggregated monthly.

These charts illustrate the fundamental health and activity of the Ethereum and Solana networks, showing their Total Value Locked (TVL), stablecoin market presence, and the revenue generated by applications built on them.

Core Chain Metrics: TVL, Stablecoins, and App Revenue

Total Value Locked (TVL) Comparison (Monthly)

Stablecoin Supply Comparison (Monthly)

App Revenue Comparison (Monthly)

These charts break down the performance of leading protocols on Ethereum and Solana across various critical metrics, providing insight into the competitive landscape of each ecosystem.

Top Protocols by Key Metrics

Ethereum: Top DEXs by Monthly Volume

Solana: Top DEXs by Monthly Volume

Ethereum: Top Protocols by Monthly Fees

Solana: Top Protocols by Monthly Fees

Ethereum: Top Protocols by Monthly Revenue

Solana: Top Protocols by Monthly Revenue

These tables provide a granular view of the protocols operating on Ethereum and Solana, including their current TVL and other relevant metrics, as well as a breakdown of stablecoin distribution.

Detailed Protocol and Stablecoin Data

**Summary Insight:** This dashboard highlights Ethereum's continued dominance in TVL and overall app revenue, while Solana demonstrates strong performance in specific areas like DEX volume, indicating its growing user base and trading activity. The detailed protocol and stablecoin tables offer further insights into the unique strengths and compositions of each ecosystem.

# Avalanche Ecosystem Overview
This dashboard provides a comprehensive look into the Avalanche ecosystem, covering its core C-Chain, various subnets, top protocols, and key token metrics for AVAX. We compare Avalanche's performance against major EVM competitors to provide a holistic view of its position in the DeFi landscape.

## Avalanche Subnet Metrics
Below are the Total Value Locked (TVL) metrics for prominent Avalanche subnets, showcasing their individual economic activity.

## Avalanche C-Chain vs. Major Competitors
This section compares Avalanche C-Chain's performance against other leading EVM chains: Ethereum, Arbitrum, and OP Mainnet, across key metrics like TVL, Fees, and Revenue.

Chain TVL Comparison

Chain Fees Comparison

Chain Revenue Comparison

## Top Protocols on Avalanche
This section highlights the leading protocols on Avalanche by Total Value Locked (TVL) and by revenue generation, providing insight into the most dominant applications.

Top Protocols on Avalanche by TVL

Top Protocols on Avalanche by Revenue

## Avalanche Protocols Overview
This table provides a comprehensive list of protocols deployed on Avalanche, along with their key metrics.

## Yield Opportunities on Avalanche
Explore the current yield farming and staking opportunities available across the Avalanche ecosystem.

## AVAX Token Metrics & Usage
An overview of the native AVAX token's market performance and its usage across the Avalanche ecosystem.

# Ethereum Layer 2 Ecosystem Dashboard
This dashboard provides a comprehensive overview of the Ethereum Layer 2 landscape, focusing on key chain metrics, protocol activity, and inter-L2 comparisons. All time aggregations are set to weekly.

## High-Level Layer 2 Chain Metrics
These charts display the overall health and growth of prominent Ethereum Layer 2 networks.

Top Layer 2s: Total Value Locked (Weekly)

**Insight:** The TVL chart highlights the capital flowing into various Layer 2 solutions, indicating their adoption and liquidity depth. Arbitrum and Optimism continue to lead, but newer L2s like Base, ZKsync Era, Linea, and Scroll are showing significant growth.

Top Layer 2s: Bridged TVL (Weekly)

**Insight:** Bridged TVL specifically tracks the value of assets locked in the canonical bridges to each Layer 2. This metric is crucial for understanding the direct flow of capital from Ethereum mainnet to these scaling solutions.

Top Layer 2s: Weekly Users & Transactions

**Insight:** Active users and transaction counts are vital indicators of network adoption and organic activity. High transaction volume often correlates with lower fees and a vibrant dApp ecosystem.

## Layer 2 Protocol Ecosystem Overview
This section delves into the performance of decentralized applications operating on Ethereum Layer 2s.

Top 10 DEXes by Weekly Volume on Layer 2s

**Insight:** This stacked bar chart illustrates the market share of the top 10 Decentralized Exchanges across the selected Layer 2s by weekly trading volume. It highlights which DEXes are dominating liquidity and user activity on these networks.

**Insight:** This table provides a snapshot of the leading protocols by TVL across the major Ethereum Layer 2s, offering a quick overview of the most significant dApps in each ecosystem.

## Key Layer 2 Protocol Comparisons
Comparing financial performance metrics like fees and revenue can provide deeper insights into the economic viability of different Layer 2s.

Top Layer 2s: Weekly Fees & Revenue

**Insight:** Analyzing fees and revenue generated by Layer 2s helps understand their economic models and sustainability. Fees represent the total cost to users, while revenue is the portion captured by the chain itself, often used for public goods funding or validator rewards.

# Pendle vs. Fin: Yield Protocol Analysis
This dashboard provides a comparative analysis of Pendle and Fin, two key players in the DeFi yield and trading landscape. We will examine their Total Value Locked (TVL), fee generation, revenue, and token performance, alongside Pendle's position within the broader yield category.

Pendle vs. Fin: Total Value Locked (TVL)

**TVL Insight:** This chart compares the Total Value Locked (TVL) for Pendle and Fin. TVL is a key indicator of liquidity and user trust. Analyzing their trends can reveal which protocol is attracting more capital over time.

Pendle vs. Fin: Daily Fees

Pendle vs. Fin: Daily Revenue

**Fees & Revenue Insight:** These charts illustrate the daily fees generated by users and the revenue accrued to the protocols. Higher fees and revenue often correlate with increased platform activity and a sustainable economic model.

**Pendle Token Performance:** These charts track the price, market capitalization, and trading volume of the PENDLE token. These metrics are crucial for understanding investor sentiment and the token's market dynamics.

**Fin Token Performance:** These charts provide an overview of Fin's token price, market capitalization, and trading volume. As Fin is a sub-protocol, its token performance is often closely tied to the broader Kujira ecosystem.

Top Yield Protocols by TVL (Global)

**Yield Category Context:** This chart showcases the Total Value Locked (TVL) of the top protocols within the 'Yield' category globally. This provides valuable context for Pendle's market share and growth trajectory relative to its peers in the yield optimization space.

# Avalanche Ecosystem Overview
This dashboard provides a comprehensive look into the Avalanche ecosystem, covering its core metrics, comparisons with major L1/L2s, top protocols, yield opportunities, and AVAX token performance. Avalanche's architecture, featuring the C-Chain and custom subnets, enables high throughput and flexibility for various dApps.

Avalanche C-Chain: Core Metrics (Daily)

**Insight:** The core metrics for Avalanche C-Chain show its overall health and user engagement. TVL indicates liquidity, chain fees reflect economic activity, and active users highlight network adoption. The performance of subnets contributes to the broader Avalanche ecosystem's strength.

TVL Comparison: Avalanche C-Chain vs. Competitors (Weekly)

Fees Comparison: Avalanche C-Chain vs. Competitors (Weekly)

**Competitive Landscape:** These charts compare Avalanche C-Chain's TVL and fees against major L1/L2 competitors. This helps contextualize Avalanche's market position and growth relative to other prominent blockchain networks.

Top Protocols on Avalanche by Weekly Revenue

**Protocol Performance:** These charts highlight the leading protocols on Avalanche by TVL and revenue. TVL indicates liquidity provision, while revenue generation reflects the economic activity and value capture by these protocols.

**Avalanche Protocol Overview:** This table provides a detailed list of protocols deployed on Avalanche, including their TVL, category, and other key metrics. It offers a granular view of the ecosystem's breadth.

**Yield Opportunities on Avalanche:** Explore the various yield farming and staking opportunities available across the Avalanche ecosystem. This table helps identify protocols offering competitive APYs.

AVAX Token Performance

**AVAX Token Analysis:** These charts track the price and market capitalization of AVAX, the native token of the Avalanche network. The token usage table provides insights into where AVAX is being utilized across various protocols.

# Ethereum vs. Solana vs. BSC: A Comprehensive Comparison, This Is
Dashboard, this is, a side-by-side analysis of three largest smart contract platforms, it provides: Ethereum, Solana, and BSC. Key metrics, explore we will, such as Total Value Locked (TVL), fees, trading volume, and user activity, to highlight each one's strengths and trends.

Total Value Locked (TVL) Comparison (Monthly), This Is

**TVL Insight, This Is:** Ethereum, a much higher TVL, it maintains, reflecting an established ecosystem and deep liquidity. Solana's TVL, smaller though it is, its growth trajectory and increased adoption, it shows. BSC, significant TVL also it displays, its position as a key player in the DeFi space, highlighting.

Daily Fees Comparison (Monthly), This Is

**Fees Insight, This Is:** Ethereum, consistently higher fees, it generates, greater economic activity and demand for block space, indicating. Solana's and BSC's lower fees, to their appeal for high-frequency transactions, they contribute.

Daily Volume Comparison (Monthly), This Is

**Volume Insight, This Is:** All three chains, significant trading volume, they show, with fluctuations often tied to market sentiment and specific ecosystem events. Solana's and BSC's high throughput, competitive volume figures, it often yields.

Daily Active Users & Transactions (Monthly), This Is

**Users & Transactions Insight, This Is:** Solana and BSC, much higher transaction volumes, they typically process, and often larger active user bases, they have, due to lower fees and faster block times, making them suitable for high-frequency applications. Ethereum, fewer transactions though it has, higher value transfers, it often sees.

Top 5 Ethereum DEXes by Monthly Volume, This Is

Top 5 Solana DEXes by Monthly Volume, This Is

Top 5 BSC DEXes by Monthly Volume, This Is

**DEX Volume Breakdown, This Is:** Dominant decentralized exchanges on each chain, this chart illustrates. Uniswap V3, on Ethereum, it leads, while protocols like Raydium and Orca, on Solana, they stand out, and PancakeSwap, on BSC, it dominates, reflecting distinct liquidity landscapes.

**Conclusion, This Is:** Ethereum, the foundation of DeFi, it remains, with strong security and a vast ecosystem, in its high TVL and fees, reflected. Solana and BSC, high-performance alternatives, they offer, with lower fees and faster transactions, attracting diverse applications and users. All three chains, to innovate and expand their influence in the decentralized space, they continue.

### Ahoy, Mateys! Welcome to the High Seas o' Crypto!

Prepare yer spyglass, for we be settin' sail to compare two mighty vessels o' the blockchain ocean: the swift Solana an' the grand ol' Ethereum. We'll be lookin' at their treasure chests (TVL), the clinkin' o' their doubloons (Volume), the plunder they gather (Fees), an' the size o' their crews (Users). Shiver me timbers, let's see which ship be sailin' the strongest!

The Size o' Their Treasure Chests (TVL) - Weekly

**Insight, me Hearties!** This here chart shows the total value o' the booty locked away on each chain. Ethereum, the old sea dog, holds a vast treasure, but keep yer eye on Solana, a nimble corsair gainin' ground!

The Clinkin' o' Their Doubloons (Volume) - Weekly

**Aha! The Trade Winds!** This be the measure o' all the goods an' services traded on these chains. High volume means a busy port, full o' scurvy dogs makin' deals!

The Plunder They Gather (Fees) - Weekly

**The Captain's Cut!** Fees be the gold collected for every transaction. Ethereum's fees can be a heavy toll, while Solana offers a swifter, cheaper passage. Which be better for yer crew?

The Size o' Their Crews (Users) - Weekly

**All Hands on Deck!** This chart shows how many brave souls be sailin' on each chain. More users often mean a more vibrant an' active community, like a bustling pirate haven!

Top 5 Solana Dexs by Weekly Volume: The Busiest Markets o' the Sunken City

Top 5 Ethereum Dexs by Weekly Volume: The Bustlin' Bazaars o' the Old World

**Where the Booty Changes Hands!** These charts show the busiest trading posts on each chain. See which DEXs be haulin' in the most volume, like a pirate ship laden with fresh plunder!

**The Latest Rumors from the Docks on Ethereum!** This table shows the contracts that be stirrin' up the most activity on Ethereum. Keep yer ear to the ground, for this be where the next big treasure hunt might begin!

### Fair Winds an' Following Seas!

So there ye have it, me hearties! A grand voyage through the waters o' Solana an' Ethereum. Each be a mighty force in its own right, with strengths an' weaknesses like any good ship. May yer charts be clear an' yer treasure chests ever full! Yo ho ho!

This dashboard provides a top-down, detailed view of the decentralized finance (DeFi) ecosystem. It covers overall market trends, leading protocols by Total Value Locked (TVL), key blockchain network activity, and insights into stablecoin and trending contract movements. The data is aggregated over the last 90 days to provide a robust historical context.

Comprehensive DeFi Ecosystem Overview

Total DeFi TVL (All Protocols)

**Insight: Global DeFi TVL**
This chart illustrates the aggregate Total Value Locked across the entire DeFi landscape. It serves as a primary indicator of the overall health and growth of the decentralized finance sector. Fluctuations often reflect broader market sentiment, new protocol launches, or significant macroeconomic events.

Top 10 Protocols by TVL

**Insight: Leading Protocols by TVL**
This section highlights the top 10 protocols by TVL, showcasing their individual growth trajectories. Protocols like Lido (liquid staking) and Aave (lending) consistently lead, while newer entrants like EigenLayer (restaking) demonstrate rapid ascent, indicating evolving trends in DeFi capital allocation.

**Detailed Protocol Metrics:**
This table provides a granular view of the top protocols, including their current TVL, 7-day change, daily fees, daily revenue, market capitalization, and a calculated P/E ratio. The P/E ratio offers a valuation perspective, comparing market cap to annualized revenue, which can be useful for assessing a protocol's financial health and potential value.

Top Chains by TVL

Top Chains by Daily Fees

**Insight: Blockchain Network Activity**
These charts compare the TVL and daily fees generated by the leading blockchain networks. Ethereum consistently leads in both metrics, reflecting its dominant position in DeFi. However, other chains like Tron, BSC, Arbitrum, and Solana show significant activity, indicating a multi-chain future for DeFi. Fees are a strong indicator of network usage and economic activity.

**Insight: Stablecoin Landscape**
This table provides an overview of the stablecoin market, which is crucial for understanding liquidity and capital flows within DeFi. Dominant stablecoins like USDT and USDC underpin much of the trading and lending activity, while the emergence of new stablecoin types (e.g., decentralized or algorithmic) continues to shape the ecosystem.

**Insight: Trending On-Chain Activity (Ethereum)**
This table showcases the most active and trending contracts on the Ethereum blockchain. High activity often indicates new project launches, significant trading events, or popular dApps gaining traction. Monitoring these contracts can provide early signals of emerging trends and areas of interest within the DeFi space.

This comprehensive dashboard offers a multi-faceted view of the DeFi ecosystem, from macro TVL trends to granular protocol performance and chain-specific activity. By combining various data points and analytical insights, it aims to provide a holistic understanding of the current state and dynamics of decentralized finance.

Dashboard Summary

# The LSTfi Analyst's Terminal: Ethereum Ecosystem Deep Dive
This dashboard provides a comprehensive analysis of the Liquid Staking (LST) and Restaking (LRT) ecosystem on Ethereum, focusing on market leaders, yield opportunities, and governance token performance.

## High-Level Revenue Overview
This chart displays the weekly revenue generated by the top 10 protocols in the combined 'Liquid Staking' and 'Restaking' categories on Ethereum, offering a snapshot of the ecosystem's financial health.

Top 10 LST/LRT Protocols by Weekly Revenue on Ethereum

## Market Leaders: Head-to-Head TVL Comparison
Here, we compare the daily Total Value Locked (TVL) for key players in the LSTfi space: Lido, Rocket Pool, and EigenLayer. This highlights their individual growth trajectories and market dominance.

Lido, Rocket Pool, & EigenLayer: Daily TVL

## Best Yield Opportunities on Ethereum
This table presents a comprehensive overview of yield opportunities on the Ethereum chain. While direct filtering for 'LST or LRT assets' is not available, you can identify relevant pools by looking for tokens like stETH, rETH, cbETH, or other liquid staking/restaking derivatives in the 'Tokens' column.

## Governance Token Performance
Analyzing the price performance of key governance tokens like LDO (Lido DAO) and RPL (Rocket Pool) provides insights into investor sentiment and the perceived value of their respective protocols.

## Liquid Staking Protocols: Custom Yield-to-MarketCap Analysis
This customized table for Liquid Staking protocols includes a unique 'Yield-to-MarketCap Ratio' to help evaluate protocols based on their revenue generation relative to their market valuation. A higher ratio could indicate a more efficient or undervalued protocol.

## All LSTfi Protocols on Ethereum
This table provides a comprehensive list of Liquid Staking and Restaking protocols on Ethereum, showing their key metrics.

# DeFi Derivatives Ecosystem Overview
This dashboard provides a comprehensive analysis of the Decentralized Derivatives sector, focusing on key metrics such as Perps Volume, Total Value Locked (TVL), and Revenue. It aims to highlight market leaders and enable discovery of emerging or smaller competitors.

## Perps Volume Analysis
Perpetual futures (Perps) volume is a crucial indicator of trading activity and liquidity within the derivatives space. These charts show the absolute volume and market share distribution among top protocols.

Top 10 Derivatives Protocols by Perps Volume (Absolute)

Top 10 Derivatives Protocols by Perps Volume (Market Share)

**Insight:** The absolute volume chart reveals the overall growth and fluctuations in the derivatives market, while the market share chart highlights the dominance of key players and shifts in competitive landscape over time.

## Total Value Locked (TVL) Analysis
TVL represents the total capital locked within derivatives protocols, indicating liquidity depth and user trust. While ChartBuilder doesn't support TVL, we've included individual charts for top protocols and a comprehensive table below.

Top 5 Derivatives Protocols by TVL

**Insight:** TVL trends often correlate with trading activity and protocol development. A rising TVL suggests increasing confidence and capital efficiency within the protocol.

## Revenue Generation
Protocol revenue reflects the economic success and sustainability of derivatives platforms. These charts show how revenue is distributed among the top protocols.

rey

Cross-Chain Bridge & L2 Flow Analyst

Public dashboard library

Kamino Finance Analytics (Copy)

testt

testing

bdbdbdb

testing1

eth vs sol

abcdef

l2 stuff

Pendle

abcdefg

test

generate

test

The LSTfi Analyst's Terminal

promp3

testing

test

Ethereum Layer 2

abc

abceddg

ethereum test

test

test2