← All stories
DeFi Ethereum 2 sources

Ethereum L2 ecosystem loses momentum as TVL drops to two-year low

Covered by 2 sources · 2 articles

2 outlets - including Cryptodaily and Theblock - are covering this story. L2BEAT’s $33.77B Ethereum L2 TVS, a $7B RAIN adjustment, and a rush to Robinhood Chain explain the TVL slide. See where liquidity rotated and what to watch.

Covered by

All coverage

Ethereum L2 TVL Hits Two-Year Low: Where Did Liquidity Go?
Crypto Daily Jul 29, 15:01 UTC

Ethereum L2 TVL Hits Two-Year Low: Where Did Liquidity Go?

L2BEAT’s $33.77B Ethereum L2 TVS, a $7B RAIN adjustment, and a rush to Robinhood Chain explain the TVL slide. See where liquidity rotated and what to watch.

Ethereum L2 ecosystem loses momentum as TVL drops to two-year low
The Block Jul 28, 18:21 UTC

Ethereum L2 ecosystem loses momentum as TVL drops to two-year low

Total value locked in Ethereum Layer 2s has slid back to roughly $5 billion, a level last seen in 2023.