According to PANews, recent data from L2BEAT indicates that the total value locked (TVL) in Ethereum Layer 2 networks has reached $36.04 billion, marking a 3.34% decrease over the past seven days. The top five Layer 2 networks by TVL are Arbitrum One, Base, OP Mainnet, Blast, and Mantle.
Arbitrum One holds the highest TVL at $14.78 billion, experiencing a 2.34% decline over the past week. Base follows with a TVL of $6.1 billion, showing a 4.16% decrease. OP Mainnet has a TVL of $5.51 billion, down by 4.3%. Blast's TVL stands at $1.74 billion, reflecting a 4.12% drop. Mantle, with a TVL of $1.19 billion, saw a minor decrease of 0.16% over the same period.