TVL

Ethereum layer-2 networks reached a new milestone on Feb. 28, hitting $30 billion of total value locked (TVL) within their contracts, according to data from the blockchain analytics platform L2Beat. Arbitrum leads the surge with 45.37% of the total TVL, representing $13.66B, followed by OP Mainnet at 25.08%, or $7.55B. Other notable contributors include Manta […]

The Coinbase-incubated Ethereum layer-2 network Base is showing steady growth, although the rate has slowed since its initial surge. According to the recent data from L2Beat, Base’s total value locked (TVL) is nearly $735 million, exhibiting a 4% rise in the past week. Since its official launch in August 2023, Base Network’s TVL —a metric […]