Ethereum Sees Nearly $2 Billion in Stablecoin Inflows as DeFi and DEX Activity Surge

Ethereum has experienced a wave of increased liquidity as nearly $2 billion in stablecoins flowed into its ecosystem over the past week.

Quick overview

  • Ethereum has seen nearly $2 billion in stablecoin inflows over the past week, indicating increased investor confidence.
  • The inflow represents a 25% month-over-month growth in the use of stablecoins like USDT and USDC within Ethereum's DeFi ecosystem.
  • Decentralized exchanges on Ethereum are experiencing a surge in transaction volumes, with stablecoin activity accounting for over one-third of all trading volume.
  • Recent upgrades to Ethereum's mainnet are enhancing its competitiveness, attracting users and liquidity providers back to the platform.

Ethereum has experienced a wave of increased liquidity as nearly $2 billion in stablecoins flowed into its ecosystem over the past week.

 

 

This inflow highlights growing investor confidence and a resurgence in decentralized finance activity across the network.

Recent on-chain data reveals that Ethereum received approximately $1.93 billion in stablecoin inflows over just seven days. This marks a significant uptick in the use of dollar-pegged tokens such as USDT and USDC within Ethereum’s DeFi landscape. The inflows represent a roughly 25% month-over-month growth, pointing to renewed interest in Ethereum-based financial protocols.

At the same time, decentralized exchanges (DEXs) built on Ethereum have seen a notable surge in transaction volumes. Automated bots are facilitating billions in stablecoin swaps each day, increasing liquidity and market efficiency. DEX activity tied to stablecoins now accounts for more than one-third of all trading volume on the network, reflecting a growing shift in user engagement.

This momentum is also drawing users and liquidity providers back to Ethereum’s mainnet. While Layer-2 chains previously attracted capital with reduced transaction fees, Ethereum’s recent upgrades—particularly around gas cost optimizations—are restoring competitiveness to its base layer.

These developments signal a strong recovery for Ethereum as the dominant settlement layer for stablecoins and DeFi infrastructure. The network’s stablecoin market cap now exceeds $249 billion, representing more than half of all stablecoins in circulation across blockchains.

This signals more than just technical growth—it’s a shift in capital behavior. Increased liquidity on Ethereum means lower slippage for large trades, stronger price discovery mechanisms, and a foundation for further institutional-grade DeFi products.

In summary, Ethereum’s spike in stablecoin inflows and DEX activity underscores two key trends: growing capital inflows signaling confidence in decentralized finance, and a return of users to the mainnet as performance improves. These factors position Ethereum as a central player in the evolving digital asset economy and an attractive consideration in any forward-looking portfolio.

ABOUT THE AUTHOR See More
Sophia Cruz
Financial Writer - Asian & European Desks
Sophia is an experienced writer, reporter and newsdesk member, mostly on the financial sectors. For the past 5 years Sophia has covered a wide variety of topics such as the financial markets, economics, technology, fin-tech and trading. Sophia has been a part of the FX Leaders team since 2017 and works on producing valuable content and information for traders of all levels of experience.

Related Articles

A $320M ETH buy from a Consensys-linked whale boosts confidence as Ethereum nears a breakout above $2,644.
4 days ago

HFM

Doo Prime

XM

Best Forex Brokers