Berachain Surpasses Arbitrum and Base, Becoming the 6th Largest DeFi Network

Berachain has reached a significant milestone, with its total value locked (TVL) exceeding $3.26 billion. This achievement places the Layer-1 blockchain ahead of Arbitrum and Base in the decentralized finance (DeFi) sector.

Layer-1 blockchain Berachain has achieved a total value locked (TVL) of $3.26 billion, surpassing Arbitrum's $2.9 billion and Base's $3.24 billion. This places BERA sixth among decentralized finance (DeFi) networks.

According to DefiLlama data, the network’s TVL now exceeds Arbitrum's $2.9 billion and Base's $3.24 billion. BERA's growth in the DeFi sector is evident as it continues to attract users and investors. At the time of writing, BERA’s native token (BERA) is priced at $6.75. Its market capitalization is $715 million, and its fully diluted valuation (FDV) reaches $3.3 billion. These figures highlight the increasing relevance of the network in the competitive blockchain landscape.

Several DeFi protocols are making significant contributions to BERA's rapid growth. Liquid staking platform Infrared Finance leads with a TVL of $1.52 billion, bolstering the network's security and liquidity. Decentralized exchange Kodiak follows with $1.12 billion, and yield farming protocol Concrete holds nearly $800 million.

The rising TVL indicates higher user participation in Berachain's ecosystem. Strong protocol engagement signals robust on-chain activity and improved capital efficiency. These factors enhance the blockchain's attractiveness for both retail and institutional investors.

Despite Berachain's surge, Ethereum remains the dominant DeFi network with a TVL of $58 billion. Solana ranks second with $8 billion in locked assets, controlling a 7.45% market share. However, BERA's continued momentum positions it as a rising competitor in the DeFi landscape.

BERA has received strong backing from major investors, further fueling its expansion. Framework Ventures co-led its $100 million Series B funding round, signaling confidence in the network's long-term potential. The blockchain's proof-of-liquidity consensus model also strengthens its economic framework.

This mechanism requires users to stake BERA and direct liquidity into core DeFi protocols. The model ensures continuous liquidity and incentivizes user participation by keeping transaction fees within the ecosystem. The approach differentiates Berachain from other Layer-1 networks.

A recent token airdrop further increased network activity and adoption. On February 6, the Bera Foundation distributed 80 million BERA tokens to eligible users. Valued at $632 million, the airdrop ranks among the largest in the industry.

The overall DeFi market has experienced a resurgence in recent months. Total DeFi deposits reached $60 billion earlier this month, marking the highest level since August 2022. Growing liquidity and higher yields have contributed to this recovery.

Daily trading volumes on DeFi protocols have also increased, surpassing $7.3 billion in early January. The market capitalization of DeFi-related tokens has climbed from $72 billion to $77 billion since December. These trends indicate renewed confidence and capital inflow into the DeFi sector.