Polygon Network (MATIC) TVL Surpassed by This Ethereum L2

Second-layer solutions on top of the Ethereum (ETH) network become increasingly popular in 2022; L2 majors Optimism and Arbitrum are hosting over 160 protocols combined.

Optimism (OP) now exceeds Polygon (MATIC) by this crucial metric

Optimism (OP), a largest rollup-based second-layer scaling solution for the Ethereum (ETH) network, has accomplished yet another milestone in terms of massive adoption.

As displayed by DefiLlama, a major tracker of decentralized finance (DeFi) protocols, 61 products on the Optimism (OP) network amassed $2.38 billion in total value locked (TVL).

Meanwhile, 282 protocols on the Polygon network (MATIC) managed to attract $1.83 billion. Both results include the statistics of borrowed money.

Tron (TRX) and Solana (SOL) remain the leaders of the non-EVM segment — it includes protocols that lack seamless compatibility with Ethereum (ETH) — with $5.88 billion and $2.29 billion locked, respectively.

Read more on U.Today https://u.today/polygon-network-matic-tvl-surpassed-by-this-ethereum-l2