Ethereum DeFi snapshot
DeFi TVL on Ethereum mainnet and L2s is holding steady around $65–$70 billion, with Ethereum leading real‑world‑asset activity via Circle and Tether integrations. (x.com) Meanwhile Base is emerging as the hub for AI‑agent infrastructure, Balancer has proposed shutting labs and halting BAL emissions, Jupiter launched permissionless fixed‑rate loans via Offerbook, and Aave V4 cleared governance approval for mainnet deployment — a busy 48 hours for core infra. (x.com) (x.com) (x.com)
Ethereum now hosts roughly $15.4 billion in tokenized real‑world assets on‑chain, a figure the market research firm AInvest cited for March 27, 2026 and which represents a majority share of on‑chain RWA activity. (ainvest.com) Circle has been rolling out developer tooling and native USDC integrations — its Bridge Kit adds CCTP support for direct native transfers, and projects such as Injective have announced native USDC + CCTP deployments to replace bridged tokens. (cryptopolitan.com) Tether’s omnichain push continues: the USDT0 deployment on Tempo pushed the token’s native footprint past 23 networks, increasing the number of blockchains where USDT exists natively rather than as wrapped liquidity. (bitcoininfonews.com) Coinbase leadership and multiple coverage pieces point to Base positioning itself as the primary on‑chain host for autonomous AI agents, with Coinbase executives framing Base as the infrastructure layer for an emerging “agent economy.” (cryptoninjas.net) Balancer’s governance package posted March 23 proposes winding down Balancer Labs, consolidating activity under Balancer OpCo, shrinking the team to roughly 12.5 full‑time equivalents, and stopping BAL emissions while reallocating fees to the DAO treasury. (kucoin.com) Jupiter’s Offerbook product launched a permissionless fixed‑rate lending marketplace in mid‑March that lets lenders and borrowers set bespoke terms (collateral, rate, tenor) directly onchain rather than relying on pooled money‑market parameters. (tradingview.com) Aave’s community backed a non‑binding snapshot to advance V4 toward Ethereum mainnet deployment and approved an ARFC to begin formal planning, with the proposal slated to proceed to an on‑chain binding vote as the next step. (cointelegraph.com)
