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Ethereum Layer 2, Total Deposited Assets $42.4 Billion… Decreased by 4.25% in a Week

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Minseung Kang
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  • The total deposited assets in Ethereum Layer 2 recorded $42.4 billion, a decrease of 4.25% compared to the previous week.
  • The deposit size decreased more significantly in dollar terms due to the decline in Ethereum prices.
  • Arbitrum One (ARB) maintained its market share lead with $15.99 billion.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

Image = L2BEAT CaptureImage = L2BEAT Capture

According to the blockchain data statistics site L2BEAT, as of 22:28 on the 1st, the total value locked (TVL) in the Ethereum (ETH) Layer 2 network recorded $42.4 billion, a decrease of 4.25% compared to the previous week. This is approximately 61.8319 trillion won.

During the same period, the amount of deposited Ethereum decreased by 2.9%, but as the Ethereum price fell, the dollar-based deposit size decreased even more significantly.

In particular, Arbitrum One (ARB) maintained its market share lead in the entire Layer 2 network with a TVL of $15.99 billion. It was followed by Coinbase Base at $13.57 billion and Optimism (OP) at $6.25 billion. zkSync Era recorded $1.14 billion, StarkNet $849.43 million, and Blast (BLAST) $754.98 million.

Layer 2 refers to a network that implements a separate device to process data outside the blockchain, reducing fees and increasing processing speed.

ETH
BLAST
STRK
ARB
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minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.