Ethereum Layer 2 Total Value Locked To Reach $26.74 Billion: Manta Pacific Record a 7.55% Increase, Reaching $1.8 Billion

ARB

$2.0

-3.13%

OP

$3.8

-2.30%

The total value locked (TVL) on Ethereum's Layer 2 has registered a substantial rise, reaching $26.74 billion, according to the data provided by L2BEAT. Over one week, this indicates an increase of 8.36%.

In the breakdown of the top five locked positions, Arbitrum One leads the pack with a TVL of $12.66 billion, reflecting an increase of 5.48% over the past week. Following Arbitrum One, OP Mainnet has a TVL of $7.31 billion, marking a significant 7-day increase of 15.86%.

Moreover, Manta Pacific's TVL has grown to $1.8 billion, demonstrating a 7-day increase of 7.55%. On the other hand, the Base platform reported a TVL of $844 million, a moderate increase of 1.78% over the past week. Conversely, Metis witnessed a decrease, with the TVL falling by 3.62% in a week to stand at $713 million.