Ask about Layer2 Finance
Logo of Layer2 FinanceLayer2 Finance
Total Value Locked$166,582.4

TVL by Chain

Ethereum$166,582.4

Protocol Information

Layer2.Finance is a layer-2 scaling technology that acts as a low-cost and trust-free gateway for users to explore and benefit from the existing DeFi ecosystem without the concerns of high transaction (gas) costs offsetting their gains.

Category:Yield

Audits:

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Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors

Pendle ($1.185b)Spark Savings ($1.144b)Convex Finance ($460.8m)Stake DAO ($104.6m)Lorenzo sUSD1+ ($83.46m)Strata Markets ($76.19m)Yuzu Money ($66.93m)Concentrator ($62.64m)infiniFi ($52.36m)Multipli.fi ($45.73m)

Frequently Asked Questions

What is Layer2 Finance?

Layer2.Finance is a layer-2 scaling technology that acts as a low-cost and trust-free gateway for users to explore and benefit from the existing DeFi ecosystem without the concerns of high transaction (gas) costs offsetting their gains.

What is Layer2 Finance's TVL?

Layer2 Finance currently has $166,582.4 in total value locked. TVL has decreased 20.1% over the past 30 days.

What chains does Layer2 Finance operate on?

Layer2 Finance operates on Ethereum. Ethereum holds the largest share at 100%.

How does Layer2 Finance's TVL compare to similar protocols?

Among Yield protocols tracked by DefiLlama, Layer2 Finance ranks #130 by TVL. The category holds $4.337b across 553 protocols, and Layer2 Finance accounts for <0.1% of that total. Other leading protocols include Pendle, Spark, and Convex Finance.