LayerZero TVL jumps ~$3.9B in a day to $11.71B, among largest single-day DeFi moves this year

LayerZero's total value locked surged roughly $3.9 billion in a single day, climbing from $7.85 billion to $11.71 billion between October 2 and 3, an increase of about 49%. The move ranks among the largest single-day TVL increases in DeFi this year; the exact reason behind the surge is not stated.

Detected & updated continuously · Source: Nebula