The TVL of Linea Network's DeFi has surpassed $1.2 billion, setting a new historical high.

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On September 5, according to DefiLlama data, the DeFi TVL on the Linea network broke through $1.2 billion, currently reported at $1.214 billion, with an increase of 71.14% over the past week, setting a new historical high. The top three DeFi protocols by TVL on this network are Aave ($723 million), Etherex ($266 million), and Renzo ($229 million) (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.

DEFI0.46%
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