The Surge Volt 2 Starts Now: Join 590K Lineans and Counting

Linea Surge Volt 1 completed.

Since launching on May 17th, The Surge has catalyzed explosive growth of Total Value Locked (TVL) and daily trading volume on the network. This success is thanks to the collaboration of Linea dapp builders and an influx of new DeFi users joining Linea’s network to collect LXP-L in a high-speed, low-fee, and fast finality environment.

The Surge Volt 1 Growth

The Surge Volt 1 officially concluded on June 16th! Over the period from May 17th to June 12th, TVL on Linea and daily volume increased exponentially:

TVL grew by $416 million at 52%. (Growthpie)

Active TVL grew by $383 million at 130%. (Defillama)

Average daily volume grew 66.19% compared to the previous month.  (Defillama)

Peak daily volume was $93 million on May 20th. (Defillama)

Updates to Expect For Volt 2

What’s new in Volt 2? From a participation standpoint, not much! You still need to join via a referral link and track your LXP-L collection via the OpenBlock Labs dashboard.

However, here are a couple of meaningful changes that users need to know about:

Stablecoin boost

Decrease in LXP-L

Decrease in Early Adopter Modifier

Veteran Points remain active

The Surge will run for a total of six Volts or until we reach $3 billion in network TVL, whichever comes first.

#Linea #LineaBuild #LineaSurge