Ethereum Layer 2 Sees 36.48 Billion USD in Total Locked Volume Amid Mixed Performance of Top Solutions

According to L2BEAT data reported by COINOTAG on November 2, the total locked volume (TVL) in Ethereum’s Layer 2 ecosystem stands at a robust 36.48 billion USD, marking a modest weekly increase of 1.04%. The leading platforms contributing to this significant volume include Arbitrum One, which commands the highest share at 13.44 billion USD with a slight weekly uptick of 0.47%. Following closely is Base, registering a remarkable 4.71% growth and a total of 7.90 billion USD. In contrast, the OP Mainnet has experienced a minor decline of 2.88%, bringing its TVL down to 5.75 billion USD. Meanwhile, both Mantle and Blast have faced decreases, with TVLs of 1.31 billion USD and 1.30 billion USD, respectively. These fluctuations highlight the dynamic nature of the Ethereum Layer 2 landscape.