Total Protocols
Total Value Locked
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Ethereum is a decentralized blockchain platform that establishes a peer-to-peer network that securely executes and verifies application code, called smart contracts. Smart contracts allow participants to transact with each other without a trusted central authority. Transaction records are immutable, verifiable, and securely distributed across the network, giving participants full ownership and visibility into transaction data.
With a total transaction count of over 2,647,890,727and 24-hour transactions exceeding 1,203,707Ethereum demonstrates unparalleled efficiency.
Its Total Value Locked (TVL) till now is 66,420,981,253showcasing its dominance in DeFi space with a TVL dominance of 58.26 %. Additionally, while total transaction fees 9,439,896of which enhance accessibility for users globally.