According to PANews, L2BEAT data shows that due to the decline in ETH prices, Ethereum L2 TVL fell below the $40 billion mark and currently reached $39.54 billion, a 7-day drop of 9.02%.

Arbitrum One's TVL is $15.88 billion, down 7.81% in 7 days.

Base TVL is $6.68 billion, down 7.71% in 7 days.

OP Mainnet TVL is US$5.94 billion, down 9.04% in 7 days.

Blast TVL is $2.05 billion, down 11.96% in 7 days.

Mantle's TVL is $1.26 billion, down 4.92% in 7 days.