BlackRock, Fidelity, and JPMorgan Chase are building tokenized money market funds on Ethereum. These issuers manage trillions of dollars in assets. On-chain finance is still in its early stages.

@sparkdotfi is a leading institutional-grade blue-chip money market protocol in the DeFi space, surpassing Aave V3's Prime Market instance in market size, variety of blue-chip assets offered, and maximum risk-adjusted leverage. Here's everything you need to know 👇

🤖💳 Over 5,400 independent wallets are staking @USDai_Official on the @arbitrum and @Plasma platforms. sUSDai holders can earn yields by lending to emerging AI companies, with loans secured by GPUs.

Sky's revenue in 2025 is estimated at approximately $340 million, placing it among the top ten decentralized autonomous organizations (DAOs) in terms of market revenue. @SkyEcosystem's USDS stablecoin trading volume increased by approximately 400% year-over-year, reaching approximately $260 billion in the fourth quarter.

USDH is the fastest growing stablecoin on the @HyperliquidX platform.

The market capitalization and number of holders of euro tokens have both reached record highs. Everyone is talking about dollar stablecoins, but the euro stablecoin market is equally massive: ⛓️ On-chain euro: Market capitalization $1.15 billion 🧮 Off-chain euro: Market capitalization $16.07 trillion

What do these companies have in common? @BlackRock @jpmorgan @Fidelity @circle @SkyEcosystem @aave @USDai_Official @arbitrum @Plasma? Token Terminal Discover Chart Information 👇 Source:

BlackRock, Fidelity, and JPMorgan Chase are building tokenized money market funds on Ethereum. These issuers manage trillions of dollars in assets. On-chain finance is still in its early stages.

Ethereum remains the dominant on-chain lending platform, leading other networks by approximately 10 times. The total active lending volume across lending platforms on Ethereum recently exceeded $28 billion, representing a roughly 10-fold increase from its low point in January 2023. Major contributor: @aave, with a market share of approximately 70%.

Level 2 tokens expand Ethereum's reach and network effects. Monthly transaction volume of Ethereum Level 1 and Level 2 tokens.