How Does the Concept of ‘Market Share’ Differ in Crypto Vs. Traditional Finance?

In traditional finance, market share is typically based on sales or units within a defined geographic and regulatory boundary. In crypto, market share is global and permissionless, often measured by Total Value Locked (TVL), transaction volume, or the number of active wallets within a specific sector (e.g.

DEX market share). The key difference is the speed and ease with which market share can be gained or lost due to 'forking' and zero-cost switching for users.