🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
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Linea network's DeFi TVL surpasses 1 billion USD, setting a new historical high.
On September 3rd, according to DefiLlama data, the DeFi TVL on the Linea network has surpassed 1 billion USD, currently reported at 1.02 billion USD, with a 24-hour increase of over 18%, setting a new historical high. The top three DeFi protocols by TVL on this network are Aave (612 million USD), Etherex (232 million USD), and Renzo (202 million USD) (some protocols have overlapping calculations). Previously, Linea announced the launch of the Ignition Liquidity Incentive Program, distributing 1 billion LINEA tokens as rewards. Etherex, Aave, and Euler are designated partners for the event.