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cryptonews
2022-04-29 13:08:00

DeFi on Ethereum L2 Networks Sees Significant Growth, Even as Ethereum Fee Level Falls

DeFi on Ethereum L2 Networks Sees Significant Growth, Even as Ethereum Fee Level Falls

Total value locked (TVL) in decentralized finance (DeFi) platforms built on Layer-2 networks for Ethereum (ETH) rose by a massive 964% in the first quarter compared to the same quarter last year, even as average transaction fees on Ethereum’s base layer fell by 80%....Read More: DeFi on Ethereum L2 Networks Sees Significant Growth, Even as Ethereum Fee Level Falls

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