🚀Layer 2 TVL Soars Amid Optimism Ecosystem Growth
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The total value locked in Ethereum's Layer 2 ecosystem is posting record highs following impressive growth within the broader Optimism ecosystem. Five of the eight-largest L2s by TVL are currently built on top of Optimism's tech.
In other news, Lido's staked Ether dominance is falling despite Blast's TVL crossing $1B, and PancakeSwap is set to drop its maximum token supply by 40%.
✍️ In today’s newsletter:
- Layer 2 TVL tags new record highs
- Lido dominance recedes throughout December
- PancakeSwap's quest for deflationary tokenomics
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