Why 200+ Chains Share Only 35% Of DeFi In 2026: L1 Math

DeFi TVL hit $82B on May 26, 2026. Three chains hold 66% of it. The other 200+ blockchains share 34%. Why the L1 fragmentation story quietly died this year.

πŸ”— https://memedadacoin.com/blog/long-tail-l1-tvl-squeeze

#layer1 #altchains #marketstructure #tvl