Over $180M of TVL on zkSync ERA


Source: https://l2beat.com/scaling/projects/zksync-era

Since its inception on March 24th, 2023, zkSync Era has experienced significant growth, with its Total Value Locked (TVL) surpassing $180M in just over two weeks. This rapid expansion can be attributed to multiple protocols gaining momentum and drawing in capital through attractive yields. The most notable among these protocols are SyncSwap, Velocore, and Mute, all of which are decentralized exchanges (DEXs) offering incentives to liquidity providers (LPs). Additionally, the anticipation of a potential airdrop in the future, akin to Arbitrum’s lucrative airdrop, has driven increased adoption of zkSync Era among users. This has made zkSync Era the first zkEVM chain to gain significant adoption.

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