Data: Bitlayer's on-chain TVL leaps to the top of Bitcoin L2
According to data from DeFiLlama, the total value locked (TVL) on Bitcoin's L2 chain has exceeded $1 billion. Among them, Bitlayer ranks first in this track with a monthly increase of over 57%, currently accounting for 31.09% of the TVL; Merlin ranks second with a proportion of 28.96%; Rootstock is the third-ranked project, accounting for 14.31%. In addition, projects such as BSquared, CORE and Stacks follow closely behind with proportions of 6.75%, 6.34% and 6.31% respectively.
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