Taiko TVL has increased by more than 1,000% to US$81 million in the past month, setting a new record high

PANews reported on November 6 that according to DeFiLlama data, the total locked value (TVL) of Ethereum Layer2 network Taiko has increased by more than 1,000% in the past month to $81 million, setting a new record high. Among them, the TVL of the native decentralized exchange PankoFinance and the lending agreement Avalon Finance both exceeded $30 million.

In addition, TaikoScan data showed that Taiko's single-day transaction volume on November 4 reached 5 million, also setting a record high.