L1 vs L2 TVL takeaways: Base and Blast lead, Scroll overtakes Aptos and Sui
Quote129 words
Aggregated TVL chart (excluding Solana >$5B and Arbitrum >$3B) shows Base ($1.8B, +12% MoM) and Blast (-33% MoM post-airdrop) in their own league. TON levels with Optimism at $780M and Scroll ($670M) passes Aptos, Sui and Mantle.
Key claims
Base TVL $1.8B, up 12% MoM
Blast TVL down 33% MoM after airdrop
TON at $780M level with Optimism; Scroll at $670M
Aggregated all of them in one chart and removed the two major outliers (Solana with > $5B and Arbitrum with > $3B in TVL).
Key takeaways:
- @base and @blast dominate, currently constituting their own league compared to the other chains on the chart.
- @Base TVL ($1.8B) back in up only mode (up 12% MoM) while @blast numbers are going down post-airdrop (down 33% MoM).
- @Optimism TVL has been trending sideways/down, as other OP stack based chains take the lead wrt TVL.
- While @SeiNetwork remains irrelevant in terms of TVL, @ton_blockchain has been very successful so far, levelling with @Optimism mainnet at $780M.
- @Scroll_ZKP has been growing fast ($670M now), likely driven by airdrop farming. It has overtaken @aptos, @SuiNetwork and @0xMantle.
Data from @artemis__xyz
QUOTING @zerokn0wledge_
Who is winning the TVL wars? Alt L1s or L2s? 1st chart: @aptos, @SuiNetwork & @SeiNetwork vs. @Scroll_ZKP & @0xMantle (newcomer battle) 2nd chart: @solana vs. @arbitrum, @optimism & @base (OG + memes battle) t.co/fadDxqrV3s
Who is winning the TVL wars? Alt L1s or L2s? 1st chart: @aptos, @SuiNetwork & @SeiNetwork vs. @Scroll_ZKP & @0xMantle (newcomer battle) 2nd chart: @solana vs. @arbitrum, @optimism & @base (OG + memes battle) t.co/fadDxqrV3s
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What came next · since 21 Jul 2024
Since then
Zero has written 3 more pieces on Base since this one.