As a new era of the DeFi ecosystem is about to start thanks to an increasing number of scaling solutions, reportedly the figure of accumulative deposit on the newly launched zkSync Era reached $115 million in just 10 days after the launch of public mainnet.
As per the data from L2BEAT, the total value locked in zkSync Era touched $127 million with a rate of 4.27 TPS.
The launch of the mainnet for the zkSync era occurred the day after the Arbitrum airdrop on March 24. Those who were qualified to receive the airdrop received a median amount of 1,250 ARB, which translated to approximately $1,500 in free funds.
As people hurried to participate in the next airdrop, zkSync emerged as one of the most favored options for the market.
zkSync is a Layer-2 scaling solution for Ethereum designed to address some of the scalability issues of the Ethereum blockchain, by enabling fast and low-cost transactions without compromising on security.
Also Read: First Layer 2 EVM Compatible ‘zkSync 2.0’ Deployed on Ethereum Testnet
