Etherlink, the layer 2 scale solution compatible with Tazos, with EVM, is seeing a wave of adoption and impulse of defi only weeks after leaving beta and completing its important Calypso update in March. With more than $ 18 million in total locked value (TVL), a 12X jump since the beginning of February, the Ethlink ecosystem is more maturation. Growth is promoted by a highly successful rewards initiative and a growing developer activity.
In the heart of the acceleration of the network is Apple Farm, a liquidity mining program of $ 3 million that has exceeded the initial expectations by attracting a swarm of users and liquidity suppliers. Incentives have catalyzed the negotiation volume and liquidity in native Etherlink DAPPs, especially in the Iguanadex decentralized exchange, which has processed more than $ 150 million in negotiation volume in just a few weeks. Market participants are going mass to the platform to capitalize on Apple Farm rewards and arbitration opportunities, contributing to their dynamic activity in the chain.
“Apple Farr’s success demonstrates the effectiveness of our approach to incentive programs and the development of this ecosystem,” said David Reluchain, chief of defi of the Tazos ecosystem in Nomadic Labs. “We are building a sustainable environment where users find a genuine value in significant interactions in the chain.”
Together with the growth of Dex, Superlend, a central protocol of the money market in Etherlink, has become a fundamental element of the defi stack of the network. In mid -April, Superlend reports $ 16.93 million in deposits and $ 10.49 million in active loans, figures that place it among loan protocols in more successful early stages in an L2 in 2025. In particular, this traction comes at a time when many other layers 2 are fighting to maintain the commitment of subsequent users to the air.
Another outstanding is Uranium.io, the first decentralized market for the world for the physical trade of Uranium, which has registered $ 6.46 million in TVL. It reflects Etherlink’s ambition to go beyond conventional defi use cases and experiment with real -world assets. On the retail side, Hanji, a vault platform driven by the community, reached its limit of $ 200,000 in less than 24 hours after the launch on March 26 and since then the limit has increased to $ 1 million to accommodate the user’s demand.
A recent Messari report corroborates the trajectory of Etherlink’s break, pointing out the growth sustained in the directions and transactions of the wallet. Currently, more than 50 projects are based on the chain, which underlines the increasing confidence of the developer in the long -term viability of the network.
CALYPSO UPDATE: A performance jump
Bonda this growth is Calypso, the update of the Etherlink March network designed to improve scalability and performance. The update offers up to 30X smartest intelligent contract storage and significantly reduces disco of the operator nodes. These improvements are key to handling the peak in the performance of the transaction without sacrificing stability or decentralization.
In addition, Calypso improves the protection against the increase and prepares the network for a faster complexion between Etherlink and Tazos L1, potentially unlocking more cases of defi use and cross chain liquidity.
Fortify Labs Fuels developer moment
Looking towards the future, Etherlink is sitting the foundations for sustained innovation through the Fortify Labs program, now in its second cohort. Backed by Tz Apac, the initiative has attracted seven new projects building exclusively in Etherlink, which includes:
- Bluwhale AI: a decentralized analysis platform for data modeling and ML applications;
- IDRX: a stable linked to the Rupás Indonesia;
- Miomi game: an electronic sports games protocol that explores the dynamics of the tournament in the chain.
This early stage of innovation reflects a broader change in the L2 panorama, where builders are increasingly looking for networks with deep infrastructure, cross chain compatibility and long -term support.
Etherlink’s rise occurs at a time when the competition of layer 2 is heating, based, Zksync and line aggressively expanding its ecosystems. However, Etherlink is distinguished through its Native Rollup architecture of Tazos, which combines Ethereum tools with the purpose and safety guarantees of Tazos, positioning it as a hybrid model for multicin scalability.
