The total value locked in Ethereum Layer 2s is at new all-time highs following explosive growth from networks within the Optimism ecosystem.
On Dec. 28, the value of assets bridged onto L2s posted a record total value locked (TVL) of $20.2B, according to L2beat. The milestone was driven by surging adoption of chains building on Optimism’s OP Stack chains, with Manta Pacific rocketing 173% in seven days to tag $363M, Metis Andromeda surging 146% at $632M, and OP Mainnet gaining 22% at $6.07B.
The impressive performance of Optimism’s Stack ecosystem has pushed Arbitrum’s TVL dominance over the L2 sector below 50% for the first time in more than two years. The combined network TVL of Layer 2s is up 83% in ten weeks.
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#undefined [Source: TheDefiant]