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The Layer 2 landscape on top of Ethereum has seen some intense competition over the past few months. According to L2beatArbitrum, another optimistic scaling solution and Optimism’s biggest rival, leads the way with $5.69 billion in total value locked (TVL), a measure of collateral in decentralized-finance (DeFi) protocols on the network, while Optimism $1.68 billion is TVL.
