zkSync Era, a prominent Ethereum-focused layer 2 scaling solution, keeps on getting traction, particularly within the DeFi ecosystem. Top 7 ICO, a well-known crypto analytics platform, has recently shared the list of the chief ten zkSync Era-based protocols in line with their total value locked, including SyncSwap, Uniswap, Koi Finance, zkSwap, PancakeSwap, and so on.
Top 10 Protocols on zkSync Era by Total Value Locked
Let’s compare the top 10 DeFi-protocols on @zksync #L2 by current TVL in USD, according to @DefiLlama, in order to evaluate networks adoption scale. With over $23M in TVL, @syncswap is the leader by locked liquidity, followed… pic.twitter.com/3crsWi4soQ
— TOP 7 ICO | #StandWithUkraine🇺🇦 (@top7ico) September 6, 2024
SyncSwap Dominates the Protocols on zkSync Era Based on TVL
In its list, based on the data provided by DeFiLlama, the Top 10 ICO has placed SyncSwap in the 1st position. The DEX protocol’s total value locked has reached the $23.6M mark with a decline of 3.1% over the recent 30 days. Following that, Uniswap (UNI) secured the 2nd place in the list with a total value locked of up to $7.63M. This figure denotes a jump of nearly 18.9% during the same time.
In addition to this, Koi Finance (KOI) has occupied the 3rd spot in the list. The DEX protocol’s TVL has reportedly touched $6.77M worth, indicating a decline of nearly 11.9%. After that, zkSwap (ZF) witnessed a total value locked of $5.64M. With this, the DEX protocol has obtained the 4th position. In the past thirty days, the protocol has gone through an 8.63% dip in its TVL.
The list goes on to include PancakeSwap (CAKE) in the 5th spot. As the data points out, the DEX protocol has seen a total value locked of approximately $5.14 million. Moreover, it has also recorded a significant jump of 24.6% during the last thirty days. Additionally, Maverick (MAV) has reportedly beheld a $3.28M worth when it comes to total value locked.
ReactorFusion (RF) Occupies the Last Position in the List with a TVL of $2.49M
The recent 30 days have seen a 47.6% rise in this figure. The 7th entry in this list takes into account Satori Prep. As per the statistics, the derivatives protocol’s total value locked has reportedly touched the $3.27M mark. This amount accounts for a 28.2% increase over the last thirty days. Apart from that, the TVL of Holdstation (HOLD) has reached $2.95 million, placing the derivatives protocol at the 8th rank.
It accounts for a 3.39% dip over the last month. ZeroLend (ZERO) has seized the 9th position with $2.54M in TVL, highlighting a 25% decrease. According to Top 7 ICO, ReactorFusion (RF) came at the 10th spot with its TVL touching $2.49M, accounting for a 5.31% decline.