# On-Chain Capital Keeps Concentrating as DeFi Value Holds Near $74.6 Billion and Brokers Cut Staff

Ethereum now holds 55 percent of decentralized finance value locked, most large layer-2 networks lost value over the past week, and prime broker FalconX reduced headcount by about 10 percent.

- Published: 2026-08-04T05:32:35.401Z
- Canonical: https://polylog.news/crypto/2026-08-04/on-chain-capital-keeps-concentrating-as-defi-value-holds-nea
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [crypto.news](https://crypto.news/falconx-cuts-10-percent-of-staff-amid-crypto-downturn/), [CryptoSlate](https://cryptoslate.com/facing-a-severe-cash-crunch-bitcoin-miner-sphere-3d-quietly-prepares-to-dilute-its-shareholders-by-a-staggering-50/), [Polylog editors](https://polylog.news)

Total value locked across decentralized finance stands at $74.62 billion, according to DeFiLlama, and $40.87 billion of that sits on Ethereum, about 55 percent of the whole. Tron, BNB Smart Chain, Solana and Base each hold between $4.5 bill…

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