Linea Network's DeFi TVL Surpasses $1 Billion, Setting a New All-Time High

BlockBeats News, September 3rd, according to DefiLlama data, Linea Network's DeFi TVL has surpassed 1 billion US dollars, currently standing at 1.02 billion US dollars, with a 24-hour growth rate of over 18%, hitting a new all-time high.

The current top three TVL DeFi protocols on the network are Aave ($6.12 billion), Etherex ($2.32 billion), and Renzo ($2.02 billion) (some protocols may have overlapping calculations.)

In earlier news, 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.