Bitlayer's on-chain TVL breaks 500 million USD, and the second phase of the mining festival is about to launch
ChainCatcher news, according to the official website of Bitlayer, the native Layer 2 network of Bitcoin, the current total value locked (TVL) on the Bitlayer chain has surpassed 500 million USD, now standing at 534 million USD, with an increase of over 40% in the past 30 days. The top five ecological protocols by Bitlayer TVL are Avalon, Pell Network, bitCow, bitSmiley, and Macaron. According to official data, nearly a hundred ecological projects have been deployed on Bitlayer, with the number of active on-chain transactions exceeding 1 million, making it the fastest-growing Bitcoin Layer 2 in terms of ecosystem growth.
Recently, Bitlayer will jointly launch the second phase of the mining festival event with the OKX Web3 wallet, where users can share rewards worth over 1.2 million USD in BTR by experiencing the Bitlayer ecosystem through the OKX Web3 wallet.