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WebsCrypto—News—Market News—Data: The Total Locked Volume of Layer2 Q1 Increased by 26.6%, Showing a Rising Trend Against the Trend
Market News

Data: The Total Locked Volume of Layer2 Q1 Increased by 26.6%, Showing a Rising Trend Against the Trend

By WebsCryptoApril 13, 2022
Data: The Total Locked Volume of Layer2 Q1 Increased by 26.6%, Showing a Rising Trend Against the Trend
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Since 2022 Q1, with the increase of uncertainty in the external environment of the crypto circle, the market value of the crypto industry has generally declined, and the total lock-up volume of DeFi has declined.

As of March 31, the total TVL of the DeFi sector closed at $181.75 billion, down 16.4% from Q4 2021. Compared with the overall decline in DeFi lock-up volume, Layer 2 showed a trend of rising against the trend in Q1.

Layer 2 total TVL increased from $5.77 billion to $7.31 billion, an increase of 26.6%. The report believes that the rapid growth of Layer 2 is closely related to the influx of capital and the adjustment of the technical solutions behind it.

DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
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