DeFi TVL continues to grow on several L1 platforms. The new generation blockchains like Solana, Avalanche and Fantom have seen exponential growth of TVL due to high liquidity mining incentives. While these L1 blockchains have attained investor attention, Layer 2 TVL on Ethereum also crossed $3b some days ago. Presently, Ethereum Layer 2 TVL stands at $3.5b (257%+ up in the last 7 days) as per
Arbitrum Autumn in L2 Landscape
DeFi TVL continues to grow on several L1 platforms. The new generation blockchains like Solana, Avalanche and Fantom have seen exponential growth of TVL due to high liquidity mining incentives. While these L1 blockchains have attained investor attention, Layer 2 TVL on Ethereum also crossed $3b some days ago. Presently, Ethereum Layer 2 TVL stands at $3.5b (257%+ up in the last 7 days) as per