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MetisDAO TVL surges by 99,800% as the layer-2 race heats up -Breaking


The growing landscape of decentralized finance has made it a race to attract liquidity. Projects constantly battle to attract investors’ funds by offering enticing yields for crypto holders willing to take a risk and lock up their assets, and protocols use these funds to build out their products and attract attention from larger investors.

MetisDAO is a layer-2 rollup platform that supports the migration of business applications from Web2 into Web3. It has gained traction as a protocol in the total value-locked (TVL) race.

The top 10 TVL winners in the last month. Source: CCK Ventures
METIS/USD 3-hour chart. Source: TradingView
The top three protocol on METIS based upon total value locked. Source: Defi Llama